RealReal Q1: GMV +24% to $606M, raises FY2026 guidance

TheRealReal, Inc.

2026-Q1 EPS reported -$0.07 revenue$189,715,000

Q1 GMV $606M (+24% YoY); Total Revenue $190M (+19% YoY); Gross Profit $141M (+$21M).
Adjusted EBITDA $13.1M (6.9% margin) vs $4.1M (2.6%) a year ago, a $9M improvement.
GAAP basic EPS $0.33; GAAP diluted EPS $(0.07); Non-GAAP diluted EPS $(0.01).
Active buyers (TTM) 1.083M (+10%); AOV $646 (+15%).
FY2026 guidance raised: GMV $2.42-2.47B, Revenue $770-784M, Adj EBITDA $59-67M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TheRealReal, Inc. reported first quarter ended March 31, 2026 results: revenue $190 million, net income $39 million, EPS $0.33. Guidance raised.

Period: first quarter ended March 31, 2026
Revenue: $190 million
Net income: $39 million
EPS: $0.33
Guidance: raised
Result: reported results

Exact text from the filing

as the operating system for luxury ownership.” First Quarter Highlights • GMV wa s $606 million, an increase of 24% compared to the same period in 2025 • Total Revenue was $190 million, an increase of 19% compared to the same period in 2025 • Gross Profit was $141 million, an increase of $21 million compared to the same period in 2025 • Gross Margin was 74.5%,

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Source: SEC EDGAR

accession 0001573221-26-000045

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