---
schema_version: "secwatch.filing_event.v1"
accession: "0001573221-24-000124"
form_type: "8-K"
ticker: "REAL"
cik: "0001573221"
company_name: "TheRealReal, Inc."
filed_at: "2024-11-04T23:59:59+00:00"
generated_at: "2026-05-30T06:03:25.221931+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# The RealReal Q3 revenue up 11% to $148M; first positive Adjusted EBITDA of $2.3M; raises FY guidance

## Summary
- Revenue $148M (+11% YoY); GMV $433M (+6% YoY).
- Net loss $(18)M improved from $(23)M; GAAP diluted EPS $(0.17) vs $(0.22).
- Adjusted EBITDA positive at $2.3M (1.6% margin) vs $(7.0M) loss in Q3 2023.
- Raises FY2024 guidance: revenue $595-602M, Adj. EBITDA $4.7-7.7M.
- Active buyers 389k (+7% YoY); orders 829k (+4% YoY).

## SEC filing metadata
- accession: 0001573221-24-000124
- form_type: 8-K
- ticker: REAL
- cik: 0001573221
- company_name: TheRealReal, Inc.
- filed_at: 2024-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1573221/000157322124000124/0001573221-24-000124-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1573221/000157322124000124/real-20241104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001573221-24-000124
- JSON: https://secwatch.observer/filing/0001573221-24-000124.json
- Plain text: https://secwatch.observer/filing/0001573221-24-000124.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.