REALThe RealReal, Inc.

$9.75-10% 1Y

The financials

The RealReal, Inc. by the numbers

The RealReal, Inc. (REAL) reported revenue of $193M in Q2 2026 (quarter ended Jun 30, 2026), up 17% from the same quarter a year earlier. That came with a gross margin of 74% and net loss of $27M. For the full year FY2025, revenue was $693M (+15% year on year) and net income −$42M. Its largest product in Q2 2026 was Service at $148M, 89% of the disclosed total, well ahead of Shipping And Handling at 11%. The next results filing is expected around Nov 9, 2026, the same week as a year ago.

The RealReal, Inc. income statement, Q2 2026 against the same quarter a year earlier
Income statementQ2 2026Q2 2025Change
Revenue$193M$165M+17%
Gross profit$143M$123M+17%
Operating income−$2.3M−$9.9Mn/a
Net income−$27M−$11Mn/a
Diluted EPS−$0.23−$0.13n/a
Revenue by product, Q2 2026, as reported to the SEC
ProductRevenueShare
Service$148M89%
Shipping And Handling$19M11%

Business segments

Revenue split by product segment, from SEC XBRL filings.

Latest period: Jun 2026Total $166.8M (+1.8%)
Shipping And Handling grew +16% year on yearService +15% year on year
  • Service$148.2Mquarter on quarter +1.6%year on year +15%
  • Shipping And Handling$18.6Mquarter on quarter +3.1%year on year +16%
Segment sum = 87% of reported consolidated revenue (partial disaggregation) · Latest source: 10-Q filed Aug 6, 2026, SEC EDGAR
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