{"schema_version":"secwatch.filing_event.v1","accession":"0001573221-26-000052","form_type":"8-K","ticker":"REAL","cik":"0001573221","company_name":"TheRealReal, Inc.","filed_at":"2026-08-06T20:10:35+00:00","discovered_at":"2026-08-06T20:11:31.330108+00:00","generated_at":"2026-08-06T20:14:05.294371+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"RealReal Q2 GMV $617M (+22% YoY), raises full-year guidance; Adj. EBITDA margin 7.0%","bullets":["Q2 GMV $617M (+22% YoY), total revenue $193M (+17% YoY); record quarterly GMV.","Adjusted EBITDA $13.5M (7.0% margin) vs $6.8M (4.1%) a year ago; 290 bps margin expansion.","Net loss $(27)M includes $(18.6)M non-cash warrant adjustment; GAAP EPS $(0.23), non-GAAP EPS $(0.01).","Raises FY2026 guidance: GMV $2.535-2.565B, revenue $788-797M, Adj. EBITDA $66-69M.","Trailing 12-month active buyers 1.107M (+11% YoY); AOV $659 (+13% YoY)."],"urls":{"canonical":"https://secwatch.observer/filing/0001573221-26-000052","json":"https://secwatch.observer/filing/0001573221-26-000052.json","markdown":"https://secwatch.observer/filing/0001573221-26-000052.md","text":"https://secwatch.observer/filing/0001573221-26-000052.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1573221/000157322126000052/0001573221-26-000052-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1573221/000157322126000052/real-20260806.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-06T20:14:05.294371+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}