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.
GMV increased 91% year-over-year to $350.0 million.
Total revenue increased 83% year-over-year to $104.9 million.
Gross profit per order improved $9 quarter-over-quarter to $94 per order.
The company resumed at-home concierge appointments, with overall units per appointment exceeding pre-COVID levels.
The company believes the strength of the current trends in the business will continue for the balance of this year and into next year.
Visualization of income flow from segment revenue to net income