{"schema_version":"secwatch.filing_event.v1","accession":"0001573221-22-000114","form_type":"8-K","ticker":"REAL","cik":"0001573221","company_name":"TheRealReal, Inc.","filed_at":"2022-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.225914+00:00","generated_at":"2026-06-22T03:35:46.730704+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"REAL Q3 GMV $441M (+20%), revenue $143M, net loss $(47.3)M; guides Q4 rev $145-165M","bullets":["Q3 GMV $441M (+20% YoY), revenue $143M (+20% YoY); net loss $(47.3)M vs $(57.2)M prior year.","Adjusted EBITDA loss narrowed to $(28.2)M (19.7% of rev) from $(31.5)M (26.5%).","Active buyers 950k (+23% YoY), orders 952k (+26% YoY), AOV $463 (-5%).","Q4 2022 guidance: GMV $480-510M, revenue $145-165M, Adj EBITDA $(27)-(23)M.","Strategic initiatives: revamp consignor commission, optimize pricing, cost cuts, new revenue streams (warranty, ad tech, data); small workforce reduction in Q4."],"urls":{"canonical":"https://secwatch.observer/filing/0001573221-22-000114","json":"https://secwatch.observer/filing/0001573221-22-000114.json","markdown":"https://secwatch.observer/filing/0001573221-22-000114.md","text":"https://secwatch.observer/filing/0001573221-22-000114.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1573221/000157322122000114/0001573221-22-000114-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1573221/000157322122000114/real-20221108.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T03:35:46.730704+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":[{"claim_id":"e780db9aa3910b15f884e86fd7de0f62949cb042","claim":"TheRealReal, Inc. reported the third quarter ended September 30, 2022 results: revenue $143 million, net income $(47.3) million, EPS $(0.49). Guidance reaffirmed.","evidence_excerpt":"productivity and fixed cost leverage.” Third Quarter Financial Highlights • GMV wa s $441 million, an increase of 20% compared to the same period in 2021 • Total Revenue was $143 million, an increase of 20% compared to the same period in 2021 • Net Loss was $(47.3) million or (33.1)% of total revenue compared to $(57.2) million or (48.1)% in the same period in","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1573221/000157322122000114/0001573221-22-000114-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2022"},{"label":"Revenue","value":"$143 million"},{"label":"Net income","value":"$(47.3) million"},{"label":"EPS","value":"$(0.49)"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}