REAL TheRealReal, Inc.

CIK 0001573221 19 ready 8-Ks latest May 7, 2026, 7:59 PM ET RSS · JSON

Activity: NORMAL 1 filings / 30d vs 1 baseline

Ready 8-Ks 19

Latest filing May 7, 2026, 7:59 PM ET

Top materiality 0.85

Event mix earnings ×11 · leadership ×4 · debt ×2

Sentiment 13 pos · 0 neg · 6 neu

Latest earnings reported 2026-Q1

Executive change recent →

Recent 8-K filings for REAL

Highest-materiality recent filing

RealReal Q3 GMV +20% to $520M, Adj. EBITDA margin 5.4%; raises FY guide

November 10, 2025, 6:59 PM ET earnings materiality 0.85 positive item 2.02 item 9.01

Q3 GMV $520M (+20% YoY), total revenue $174M (+17% YoY); consignment rev +15%, direct rev +47%.
Adjusted EBITDA $9.3M (5.4% margin) vs $2.3M (1.6%) a year ago; non-GAAP EPS loss $(0.04) vs $(0.09).

Read filing →

May 7, 2026, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01 ◈ Earnings Releases

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

Q1 GMV $606M (+24% YoY); Total Revenue $190M (+19% YoY); Gross Profit $141M (+$21M).
February 26, 2026, 6:59 PM ET earnings materiality 0.80 positive item 2.02 item 9.01

The RealReal Q4 2025 GMV +22% to $616M; Adj EBITDA $22M, guides FY 2026 GMV $2.39-2.45B

Q4 total revenue $194M (+18% YoY); full-year revenue $693M (+15% YoY).
November 10, 2025, 6:59 PM ET earnings materiality 0.85 positive item 2.02 item 9.01

RealReal Q3 GMV +20% to $520M, Adj. EBITDA margin 5.4%; raises FY guide

Q3 GMV $520M (+20% YoY), total revenue $174M (+17% YoY); consignment rev +15%, direct rev +47%.
August 21, 2025, 7:59 PM ET debt materiality 0.65 positive item 2.03 item 1.01 item 3.02 item 9.01 ◈ Debt Financings

RealReal exchanges $49.5M 1% 2028 notes for $43.4M 4% 2031 notes; reduces debt by $6M

Exchanged $49.5M of 1% convertible notes due 2028 for $43.4M of new 4% notes due 2031; no cash proceeds.
August 7, 2025, 7:59 PM ET earnings materiality 0.80 positive item 2.02 item 9.01

RealReal Q2 revenue $165M (+14%), net loss narrows to $11M; raises FY guidance

Q2 revenue $165M (+14% YoY); GMV $504M (+14%); consignment revenue +14%, direct revenue +23%.
May 8, 2025, 7:59 PM ET earnings materiality 0.70 positive item 2.02 item 9.01

RealReal Q1 rev $160M (+11%), net income $62M, adj. EBITDA $4.1M

Revenue $160M (+11% YoY); GMV $490M (+9%). Gross margin 75.0%, up 40 bps.
February 20, 2025, 6:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

The RealReal Q4 revenue up 14% to $164M; FY Adj EBITDA positive $9M; guides FY 2025 Adj EBITDA $20-30M

Q4 revenue $164M (record high, +14% YoY); GMV $504M (+12%).
February 10, 2025, 6:59 PM ET earnings materiality 0.85 positive item 1.01 item 2.02 item 2.03 item 3.02 item 7.01 item 9.01

RealReal reports preliminary Q4 GMV $503.5M, Adj. EBITDA above guidance; completes debt exchange reducing debt by $37M

Preliminary Q4 GMV $503.5M (guidance $484-500M), total revenue ~$163.5M, Adj. EBITDA $10.7-11.2M (guidance $6.5-9.5M).
November 4, 2024, 6:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

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

Revenue $148M (+11% YoY); GMV $433M (+6% YoY).
October 28, 2024, 7:59 PM ET leadership materiality 0.85 positive item 2.02 item 5.02 item 9.01 ◈ executive_change ×3

The RealReal appoints new CEO; preliminary Q3 GMV, revenue, EBITDA exceed guidance

Rati Sahi Levesque, formerly President and COO, appointed CEO effective Oct 28, 2024; John Koryl departed.
August 6, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 7.01 item 9.01

The RealReal Q2 revenue up 11% to $145M; net loss narrows to $17M; FY Adj EBITDA guidance raised to $0-6M

Q2 revenue of $145M, up 11% YoY; GMV of $441M, up 4%.
May 7, 2024, 7:59 PM ET debt materiality 0.75 neutral item 2.03 item 3.02 item 1.01 item 2.02 item 7.01 item 9.01 ◈ Material Agreements ×2◈ Debt Financings◈ Earnings Releases

The RealReal exchanges $152M in convertible notes for $135M new secured notes and warrants

Exchanged $145.75M of 3% convertible notes due 2025 and $6.48M of 1% notes due 2028 for $135M of 4.25%/8.75% PIK/Cash Senior Secured Notes due 2029.
May 7, 2024, 7:59 PM ET earnings materiality 0.80 positive item 2.02 item 7.01 item 9.01 ◈ Earnings Releases

RealReal beats Q1 guidance; GMV $452M +2%, Adj EBITDA loss narrows to $2.3M

GMV $452M (+2% YoY), revenue $144M (+1%); consignment revenue up 13%.
February 29, 2024, 6:59 PM ET earnings materiality 0.85 positive item 1.01 item 2.02 item 7.01 item 9.01 ◈ Earnings Releases ×2◈ Material Agreements ×2

RealReal posts Q4 positive Adj. EBITDA $1.4M; debt exchange cuts debt by $17M

Q4 2023 net loss $22M (vs $39M Q4 2022); revenue $143M (-10% YoY); GMV $451M (-9% YoY).

Executive changes

Appointed

Rati Sahi Levesque

Class III Director

REAL · TheRealReal, Inc.

Effective: 2024-10-28
Filed: October 28, 2024, 7:59 PM ET

the Board appointed Ms. Levesque as a member of the Board

Departed

John Koryl

Chief Executive Officer

REAL · TheRealReal, Inc.

Effective: 2024-10-28
Successor: Rati Sahi Levesque
Filed: October 28, 2024, 7:59 PM ET

John Koryl ceased to serve as Chief Executive Officer of the Company and resigned as a member of the Board on the same day.

Role change

Rati Sahi Levesque

President and Chief Executive Officer

REAL · TheRealReal, Inc.

Effective: 2024-10-28
Filed: October 28, 2024, 7:59 PM ET

the Board of Directors (the “Board”) of the Company appointed Rati Sahi Levesque, formerly the Company’s President and Chief Operating Officer, as President and Chief Executive Officer of the Company, effective as of October 28, 2024.

Earnings & guidance

2026-Q1 EPS reported -$0.07 filing →

Materiality & sentiment trend

Max materiality 0.85 · Median 0.75 · Most common event earnings

13 positive 0 negative 6 neutral

source · REAL on sec.gov