RealReal Earnings Reports

The RealReal achieved 17% revenue growth and reached record GMV in Q3 2025. Adjusted EBITDA improved to $9.3M, but net loss widened primarily due to a $44M warrant liability adjustment.

The RealReal delivered a breakout performance in the second quarter of 2025, achieving record high quarterly Gross Merchandise Value (GMV) and total revenue, both increasing by 14% year-over-year. The company significantly improved its net loss and adjusted EBITDA, demonstrating the success of its strategic roadmap and operational efficiency.

The RealReal delivered a strong first quarter in 2025, exceeding expectations with an 11% increase in total revenue and a substantial improvement in net income, driven partly by non-cash gains. The company also saw a significant positive shift in Adjusted EBITDA and reaffirmed its full-year guidance, indicating confidence in its strategic execution and ability to navigate market uncertainties.

The RealReal announced strong fourth quarter and full year 2024 results, with fourth quarter revenue up 14% year-over-year to a record high of $164 million. The company achieved positive Adjusted EBITDA and positive free cash flow for the full year, demonstrating significant improvements in financial performance.

The RealReal announced Q3 2024 results with a revenue of $148 million, up 11% year-over-year. Net loss improved by $5 million year-over-year to $(18) million, and adjusted EBITDA increased by $9 million year-over-year to $2.3 million. The company raised its full year outlook.

The RealReal announced its Q2 2024 results, with revenue reaching $145 million, an 11% increase year-over-year. The company's net loss improved by $25 million year-over-year, and adjusted EBITDA also saw a significant improvement of $21 million compared to Q2 2023.

The RealReal announced a return to overall top-line growth with GMV increasing 2% year-over-year and consignment revenue increasing 13% year-over-year. The company's net loss improved by $51 million year-over-year, and the adjusted EBITDA loss improved by $25 million year-over-year.

The RealReal announced Q4 2023 results, featuring positive Adjusted EBITDA and free cash flow, a net loss improvement of $17 million year-over-year, and strategic debt exchange transactions.

The RealReal reported Q3 2023 results with revenue decreasing by 7% year-over-year to $133 million and a net loss of $(22.9) million. However, the company saw improvements in gross margin and Adjusted EBITDA, driven by a strategic shift towards higher-margin consignment business.

The RealReal's Q2 2023 results reflect a strategic shift towards higher-margin consignment business. GMV decreased by 7%, and total revenue decreased by 15%. However, gross margin increased significantly, and the company reduced its net loss and Adjusted EBITDA loss compared to the previous year. The company is focusing on profitable growth and expects to achieve Adjusted EBITDA profitability on a full-year basis in 2024.

The RealReal announced its Q1 2023 results, with GMV increasing by 4% year-over-year and consignment revenue growing by 22%. However, total revenue decreased by 3% compared to the same period in 2022. The company is focused on higher margin consignment business and minimizing lower-value consigned items.

The RealReal announced its Q4 and Full Year 2022 financial results. Q4 GMV increased by 13% year-over-year, and total revenue increased by 10%. The company's focus remains on updating the consignor commission structure, improving efficiency, optimizing product pricing, and pursuing new revenue streams.

The RealReal announced Q3 2022 results, with both GMV and total revenue increasing by 20% year-over-year. The company narrowed its Adjusted EBITDA loss and improved Adjusted EBITDA margin compared to the prior year.

The RealReal announced Q2 2022 results, with GMV increasing 30% year-over-year and total revenue increasing 47% year-over-year. Net income was $(53.2) million, and Adjusted EBITDA improved to $(28.8) million.

The RealReal announced strong Q1 2022 results, exceeding expectations for both revenue and earnings. GMV increased by 31% year-over-year, and total revenue increased by 48% year-over-year. The company confirmed its full-year 2022 guidance.

The RealReal reported a 67% increase in total revenue to $145 million and a 45% increase in GMV to $437 million for Q4 2021. The company's net loss was $52 million, and non-GAAP net loss per share was $(0.42).

The RealReal announced its Q3 2021 results, with GMV increasing by 50% year-over-year to $368 million and total revenue increasing by 53% year-over-year to $119 million. The company's gross profit per order also improved by $4 year-over-year to $94.

The RealReal announced strong second-quarter results, with GMV increasing by 91% year-over-year to $350 million and total revenue increasing by 83% year-over-year to $105 million. The company also achieved its highest quarterly additions of both new and repeat consignors to its marketplace.

The RealReal announced its Q1 2021 results, highlighting a return to growth with a 27% year-over-year increase in both GMV and total revenue. The company also saw a 34% year-over-year increase in new buyer growth and surpassed $2 billion in cumulative consignor commission payouts in April.

The RealReal announced Q4 2020 results, showing improving trends with December GMV increasing 6% year-over-year. Total supply units shipped increased 13% year-over-year, and new buyers reached a quarterly record, increasing 21% year-over-year.

The RealReal reported a 3% year-over-year decrease in GMV to $245.4 million and a 4% year-over-year decrease in total revenue to $78.1 million for Q3 2020. Despite these decreases, there was a significant improvement in both GMV and revenue compared to Q2 2020. The company's partnership with Gucci and focus on operational changes are expected to position them for future growth.

The RealReal reported a decrease in GMV and total revenue for Q2 2020 compared to the previous year. However, GMV trends improved throughout the quarter and into July. The company is focused on returning to sustained growth through supply acquisition and operational optimization.

The RealReal reported a 15% increase in GMV and an 11% increase in total revenue for Q1 2020. However, the company's operations were constrained by shelter-in-place directives, resulting in a significant GMV headwind. The company is focusing on reducing operating expenses and preserving liquidity.

The RealReal reported a strong Q4 2019 with a 39% increase in GMV and a 57% increase in total revenue year-over-year. The company also improved its adjusted EBITDA margin by 16.7 percentage points. Repeat buyers accounted for 82.9% of GMV, highlighting strong buyer loyalty.