{"schema_version":"secwatch.filing_event.v1","accession":"0001573221-23-000072","form_type":"8-K","ticker":"REAL","cik":"0001573221","company_name":"TheRealReal, Inc.","filed_at":"2023-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.391170+00:00","generated_at":"2026-06-12T01:56:04.913398+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"RealReal Q2 beats guidance; GMV $423M, revenue $131M, adj EBITDA -$22.3M; guides FY","bullets":["GMV $423M (-7% YoY), revenue $131M (-15% YoY); gross margin 65.9% (+908bps YoY).","GAAP net loss $41.3M ($0.41/sh) vs $53.2M ($0.56/sh) in Q2 2022; non-GAAP loss $0.30/sh.","Adjusted EBITDA loss $22.3M (17.1% of rev) vs $28.8M (18.7%) prior year; cash $206M.","Q3 guidance: GMV $385-415M, revenue $120-130M, adj EBITDA -$18 to -$15M.","Full year 2023: GMV $1.725-1.775B, revenue $540-560M, adj EBITDA -$72 to -$66M; on track for adj EBITDA profitability in 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001573221-23-000072","json":"https://secwatch.observer/filing/0001573221-23-000072.json","markdown":"https://secwatch.observer/filing/0001573221-23-000072.md","text":"https://secwatch.observer/filing/0001573221-23-000072.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1573221/000157322123000072/0001573221-23-000072-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1573221/000157322123000072/real-20230808.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T01:56:04.913398+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":"f7f5c9846e2610134692487acf50e208cdd89bf8","claim":"TheRealReal, Inc. reported the quarter ended June 30, 2023 results: revenue $131 million, net income $(41.3) million, EPS $(0.41). Guidance reaffirmed.","evidence_excerpt":"profitability on a full year basis in 2024.” Second Quarter Financial Highlights • GMV was $423 million, a decrease of 7% compared to the same period in 2022 • Total Revenue was $131 million, a decrease of 15% compared to the same period in 2022 • Gross Margin was 65.9%, an increase of 908 basis points compared to the same period in 2022 • Net Loss was $41.3 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1573221/000157322123000072/0001573221-23-000072-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"$131 million"},{"label":"Net income","value":"$(41.3) million"},{"label":"EPS","value":"$(0.41)"},{"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"}