{"schema_version":"secwatch.filing_event.v1","accession":"0001573221-22-000033","form_type":"8-K","ticker":"REAL","cik":"0001573221","company_name":"TheRealReal, Inc.","filed_at":"2022-02-23T23:59:59+00:00","discovered_at":"2026-05-14T18:04:07.121446+00:00","generated_at":"2026-06-27T05:28:51.869138+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"RealReal Q4 GMV +45% to $437M, revenue +67% to $145M; guides FY22 GMV $2.0-2.1B","bullets":["Q4 net loss $52M ($0.56 GAAP EPS); adjusted EBITDA loss $26.9M (18.5% of revenue) vs 41.2% a year ago.","FY 2021 GMV $1.48B (+50% YoY), revenue $468M (+56%); adjusted EBITDA loss $126.9M (27.1% of revenue).","Active buyers 797k (+23%), orders 861k (+28%), AOV $508 (+13%); repeat buyers 84% of GMV.","Q1 2022 guidance: GMV $410-425M, revenue $130-140M; FY22 GMV $2.0-2.1B, adjusted EBITDA loss $(100-80)M.","Targets full-year adjusted EBITDA profitability in 2024; investor day set for March 22, 2022 for Vision 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001573221-22-000033","json":"https://secwatch.observer/filing/0001573221-22-000033.json","markdown":"https://secwatch.observer/filing/0001573221-22-000033.md","text":"https://secwatch.observer/filing/0001573221-22-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1573221/000157322122000033/0001573221-22-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1573221/000157322122000033/real-20220223.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T05:28:51.869138+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}