REAL TheRealReal, Inc.

CIK 0001573221 50 ready 8-Ks latest August 6, 2026, 4:10 PM ET RSS · JSON

Activity: NORMAL 1 filings / 30d vs 1 baseline

Ready 8-Ks 50

Latest filing August 6, 2026, 4:10 PM ET

Top materiality 0.85

Event mix earnings ×22 · leadership ×11 · other_material ×10

Sentiment 25 pos · 5 neg · 20 neu

Latest earnings reported 2026-Q2

Executive change recent →

Recent 8-K filings for REAL

Highest-materiality recent filing

RealReal Q2 GMV $617M (+22% YoY), raises full-year guidance; Adj. EBITDA margin 7.0%

August 6, 2026, 4:10 PM ET earnings materiality 0.85 positive item 2.02 item 9.01

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.

Read filing →

August 6, 2026, 4:10 PM ET earnings materiality 0.85 positive item 2.02 item 9.01

RealReal Q2 GMV $617M (+22% YoY), raises full-year guidance; Adj. EBITDA margin 7.0%

Q2 GMV $617M (+22% YoY), total revenue $193M (+17% YoY); record quarterly GMV.
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 ◈ Debt Financings

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).
February 21, 2024, 6:59 PM ET leadership materiality 0.65 neutral item 5.02 item 7.01 item 8.01 item 9.01 ◈ executive_change

RealReal names Ajay Gopal CFO effective March 18; appoints Karen Katz as Board Chair

Ajay Gopal appointed CFO effective March 18, 2024; base salary $500K, target bonus 75%, sign-on bonus $300K.
November 7, 2023, 6:59 PM ET earnings materiality 0.75 positive item 2.02 item 7.01 item 9.01 ◈ Earnings Releases

RealReal Q3 adj EBITDA loss narrows to $7M; guides Q4 near breakeven

Q3 revenue $133M (-7% YoY); GMV $408M (-8%); gross margin 70.6% (+1053 bps).
September 29, 2023, 7:59 PM ET leadership materiality 0.65 neutral item 5.02 item 9.01 ◈ executive_change

The RealReal CFO Robert Julian to step down by Jan 31, 2024; board to search for successor

CFO Robert Julian will step down effective Jan 31, 2024 or earlier if a new CFO is hired.
August 8, 2023, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 7.01 item 9.01 ◈ Earnings Releases

RealReal Q2 beats guidance; GMV $423M, revenue $131M, adj EBITDA -$22.3M; guides FY

GMV $423M (-7% YoY), revenue $131M (-15% YoY); gross margin 65.9% (+908bps YoY).
May 9, 2023, 7:59 PM ET earnings materiality 0.65 neutral item 2.02 item 7.01 item 9.01 ◈ Earnings Releases

The RealReal Q1: consignment revenue +22%, Adj EBITDA loss narrows to $27.3M

Q1 GMV $444M (+4% YoY); total revenue $142M (-3% YoY); consignment revenue +22%, direct -49%.
February 28, 2023, 6:59 PM ET earnings materiality 0.70 neutral item 2.02 item 7.01 item 9.01 ◈ Earnings Releases ×3

RealReal Q4 revenue $160M (+10% YoY), net loss narrows to $39M; new CEO John Koryl appointed

Q4 GMV $493M (+13% YoY); total revenue $160M (+10% YoY); net loss $39M vs $52M loss in Q4 2021.
February 16, 2023, 6:59 PM ET other material materiality 0.65 negative item 2.05 item 2.06 item 9.01 ◈ Restructurings & Charges

The RealReal plans to cut ~230 jobs (7% of workforce) and close six stores

Will terminate ~230 employees (7% of workforce) and close six retail locations including flagship stores in San Francisco and Chicago.
January 25, 2023, 6:59 PM ET leadership materiality 0.75 neutral item 5.02 item 7.01 item 9.01 ◈ executive_change

The RealReal appoints John E. Koryl as CEO effective Feb 6, 2023; co-interim CEOs return to prior roles

John E. Koryl appointed CEO and Board member effective February 6, 2023.
November 8, 2022, 6:59 PM ET earnings materiality 0.75 neutral item 2.02 item 7.01 item 9.01 ◈ Earnings Releases

REAL Q3 GMV $441M (+20%), revenue $143M, net loss $(47.3)M; guides Q4 rev $145-165M

Q3 GMV $441M (+20% YoY), revenue $143M (+20% YoY); net loss $(47.3)M vs $(57.2)M prior year.
August 9, 2022, 7:59 PM ET earnings materiality 0.75 negative item 2.02 item 7.01 item 9.01

RealReal Q2 revenue up 47% to $154M, but net loss $(53.2)M; cuts full-year guidance

Q2 GMV $454M (+30% YoY); total revenue $154M (+47%); net loss $(53.2)M vs $(71)M a year ago.
June 7, 2022, 7:59 PM ET leadership materiality 0.75 negative item 5.02 item 7.01 item 9.01 ◈ executive_change ×3

Founder Julie Wainwright steps down as CEO of The RealReal; co-interim CEOs named

Julie Wainwright resigns as CEO, Chairperson, and director effective June 7, 2022; will serve as Founder advisor through Dec 31, 2022.
May 10, 2022, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 7.01 item 9.01

Q1 2022 GMV up 31% to $428M, revenue up 48% to $147M, beat guidance; FY2022 outlook reaffirmed

GMV $428M (+31% YoY); total revenue $147M (+48%); net loss $57M vs $56M in prior year.
March 22, 2022, 7:59 PM ET other material materiality 0.65 positive item 7.01 item 9.01

The RealReal targets $5B+ GMV, $1.5B+ revenue, $100M+ Adj. EBITDA by 2025

GMV target of $5+ billion for full year 2025.
February 23, 2022, 6:59 PM ET earnings materiality 0.80 neutral item 2.02 item 7.01 item 9.01

RealReal Q4 GMV +45% to $437M, revenue +67% to $145M; guides FY22 GMV $2.0-2.1B

Q4 net loss $52M ($0.56 GAAP EPS); adjusted EBITDA loss $26.9M (18.5% of revenue) vs 41.2% a year ago.
January 5, 2022, 6:59 PM ET other material materiality 0.60 positive item 2.02 item 9.01

RealReal reports Dec GMV $153M (+40% YoY); ends monthly updates

December GMV ~$153M, up 40% vs 2020 and 49% vs 2019.
December 17, 2021, 6:59 PM ET litigation materiality 0.65 neutral item 8.01 item 9.01

The RealReal settles derivative lawsuit; governance reforms and $500K fee award

Settlement resolves claims that IPO disclosures overstated authentication process; no admission of wrongdoing.
December 2, 2021, 6:59 PM ET other material materiality 0.60 positive item 8.01 item 9.01

RealReal November GMV $146M, +51% YoY; Black Friday record day

November GMV approximately $146M, up 51% vs 2020 and 46% vs 2019.
November 8, 2021, 6:59 PM ET earnings materiality 0.80 neutral item 2.02 item 7.01 item 9.01

The RealReal Q3 GMV up 50% to $368M, revenue +53% to $119M, net loss widens to $57M

GMV $368M (+50% YoY, +46% vs 2019); orders 757K (+38%); active buyers 772K (+25% TTM).
October 5, 2021, 7:59 PM ET other material materiality 0.70 positive item 2.02 item 9.01

RealReal Q3 GMV $367.9M, up 50% YoY; Sept GMV +44% YoY

September GMV $127.3M (+44% YoY, +44% vs 2019); AOV $481 (+9% YoY).
September 21, 2021, 7:59 PM ET leadership materiality 0.60 neutral item 5.02 item 9.01 ◈ executive_change

The RealReal appoints Robert Julian as CFO effective Oct 1, 2021; compensation detailed

Base salary $425,000; target bonus 50% of base; sign-on bonus $1M paid quarterly over 12 months.
September 2, 2021, 7:59 PM ET other material materiality 0.65 positive item 8.01 item 9.01

RealReal August GMV $124M (+50% Y/Y), Q3 guidance $365-368M

August GMV ~$124M, up 50% Y/Y and 41% vs August 2019.
August 9, 2021, 7:59 PM ET earnings materiality 0.70 neutral item 2.02 item 7.01 item 9.01

RealReal Q2 GMV +91% to $350M, net loss $70.7M; gross profit per order up $9 QoQ

GMV $350M (+91% YoY), revenue $104.9M (+83% YoY). Net loss $70.7M incl. $11M legal settlement charge.
August 4, 2021, 7:59 PM ET other material materiality 0.60 positive item 8.01 item 9.01

RealReal reports July GMV of $116.6M, up 56% YoY; AOV $502, up 13% YoY

July GMV ~$116.6M, +56% YoY and +53% vs July 2019.
July 6, 2021, 7:59 PM ET other material materiality 0.75 positive item 2.02 item 9.01

The RealReal Q2 GMV ~$350M beats guidance of $320-330M; +91% Y/Y

Q2 GMV ~$350M, up 91% YoY and 53% vs 2019, above prior outlook of $320-330M.

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.

Appointed

Ajay Gopal

Chief Financial Officer

REAL · TheRealReal, Inc.

Effective: 2024-03-18
Filed: February 21, 2024, 6:59 PM ET

On February 21, 2024, The RealReal, Inc. (the “Company”) announced that Ajay Gopal has been appointed by the Board of Directors (the “Board”) of the Company to serve as the Company’s Chief Financial Officer, effective March 18, 2024

Appointed (interim)

Todd Suko

Interim Chief Financial Officer

REAL · TheRealReal, Inc.

Effective: 2024-02-01
Filed: January 30, 2024, 6:59 PM ET

On January 29, 2024, the Board of Directors (the “Board”) of the Company appointed Todd Suko to serve as Interim Chief Financial Officer, effective February 1, 2024,

Departed

Robert Julian

Chief Financial Officer

REAL · TheRealReal, Inc.

Effective: 2024-01-31
Successor: Todd Suko
Filed: January 30, 2024, 6:59 PM ET

The RealReal, Inc. (the “Company”) previously announced the departure of Robert Julian, Chief Financial Officer, effective January 31, 2024.

Departed

Robert Julian

Chief Financial Officer

REAL · TheRealReal, Inc.

Effective: 2024-01-31
Filed: September 29, 2023, 7:59 PM ET

announced the departure of Robert Julian, Chief Financial Officer, effective January 31, 2024.

Appointed

John E. Koryl

Chief Executive Officer

REAL · TheRealReal, Inc.

Effective: 2023-02-06
Filed: January 25, 2023, 6:59 PM ET

John E. Koryl has been hired by the Company to serve as the Company’s Chief Executive Officer and as a member of the Company’s Board of Directors (the “Board”), effective as of February 6, 2023

Appointed (interim)

Rati Sahi Levesque

Co-Interim Chief Executive Officer

REAL · TheRealReal, Inc.

Effective: 2022-06-07
Filed: June 7, 2022, 7:59 PM ET

the Board appointed Rati Sahi Levesque and Robert Julian as Co-Interim Chief Executive Officers.

Departed (interim)

Julie Wainwright

Chief Executive Officer, Chairperson and Director

REAL · TheRealReal, Inc.

Effective: 2022-06-07
Successor: Rati Sahi Levesque and Robert Julian
Filed: June 7, 2022, 7:59 PM ET

On June 6, 2022, Founder of The RealReal, Inc. (the “Company”) Julie Wainwright resigned from her role as Chief Executive Officer, Chairperson and member of the board of directors (the “Board) of the Company, effective June 7, 2022.

Appointed (interim)

Robert Julian

Co-Interim Chief Executive Officer

REAL · TheRealReal, Inc.

Effective: 2022-06-07
Filed: June 7, 2022, 7:59 PM ET

the Board appointed Rati Sahi Levesque and Robert Julian as Co-Interim Chief Executive Officers.

Departed

Emma Grede

Director

REAL · TheRealReal, Inc.

Effective: 2022-02-08
Filed: February 11, 2022, 6:59 PM ET

On February 8, 2022, Emma Grede resigned from the Board of Directors (the “Board”) of The RealReal, Inc. (the “Company”).

Earnings & guidance

2026-Q2 EPS reported -$0.13 filing →

Materiality & sentiment trend

Max materiality 0.85 · Median 0.70 · Most common event earnings

25 positive 5 negative 20 neutral

source · REAL on sec.gov