earnings
confidence high
sentiment positive
materiality 0.70
RealReal Q1 rev $160M (+11%), net income $62M, adj. EBITDA $4.1M
TheRealReal, Inc.
2025-Q1 EPS reported
-$0.14
revenue$160,033,000
- Revenue $160M (+11% YoY); GMV $490M (+9%). Gross margin 75.0%, up 40 bps.
- Net income $62M vs $(31)M loss prior year; includes $80M non-cash gains.
- Adj. EBITDA $4.1M (2.6% margin) vs $(2.3)M prior year; improved $6.4M YoY.
- GAAP basic EPS $0.56; non-GAAP diluted loss per share $(0.08) vs $(0.12).
- Reaffirmed FY2025 guidance: rev $645-$660M, adj. EBITDA $20-$30M. Active buyers 985k, AOV $564.