{"schema_version":"secwatch.filing_event.v1","accession":"0001573221-24-000068","form_type":"8-K","ticker":"REAL","cik":"0001573221","company_name":"TheRealReal, Inc.","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.032840+00:00","generated_at":"2026-06-02T18:23:47.665972+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"RealReal beats Q1 guidance; GMV $452M +2%, Adj EBITDA loss narrows to $2.3M","bullets":["GMV $452M (+2% YoY), revenue $144M (+1%); consignment revenue up 13%.","Gross margin 74.6% (all-time high), +1,100 bps YoY; net loss improved $51M to $(31.1)M.","GAAP EPS $(0.30) vs $(0.83); Non-GAAP EPS $(0.12) vs $(0.36).","Q2 2024 guidance: GMV $420-$450M, revenue $135-$145M, Adj EBITDA $(6)-$(3)M.","Full-year Adj EBITDA midpoint raised $1.5M to $(5)-$8M; cash $181M."],"urls":{"canonical":"https://secwatch.observer/filing/0001573221-24-000068","json":"https://secwatch.observer/filing/0001573221-24-000068.json","markdown":"https://secwatch.observer/filing/0001573221-24-000068.md","text":"https://secwatch.observer/filing/0001573221-24-000068.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1573221/000157322124000068/0001573221-24-000068-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1573221/000157322124000068/real-20240507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T18:23:47.665972+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":"67a270b2115b73b7ddabbf2489a893506df5b28e","claim":"TheRealReal, Inc. reported first quarter ended March 31, 2024 results: revenue $144 million, net income $(31.1) million, EPS $(0.30). Guidance raised.","evidence_excerpt":"outstanding luxury goods to our buyers. ” First Quarter Financial Highlights • GMV wa s $452 million, an increase of 2% compared to the same period in 2023 • Total Revenue was $144 million, an increase of 1% compared to the same period in 2023 • Gross Profit was $107 million, an increase of $17 million compared to the same period in 2023 • Gross Margin was $74.6% ,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1573221/000157322124000068/0001573221-24-000068-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$144 million"},{"label":"Net income","value":"$(31.1) million"},{"label":"EPS","value":"$(0.30)"},{"label":"Guidance","value":"raised"},{"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"}