The RealReal, Inc. operates an online marketplace for authenticated resale luxury goods, connecting consignors and buyers through a full-service consignment model. Company news commonly covers gross merchandise value, revenue, consignment and direct revenue trends, Adjusted EBITDA, operating cash flow, and active buyer activity across its luxury resale platform.
Updates also address The RealReal's authentication process, proprietary technology for pricing and processing, service options such as virtual appointments, in-home pickup, drop-off and direct shipping, and categories including fashion, fine jewelry, watches, art and home. Additional recurring developments include retail location activity, brand and content initiatives, investor conference participation, and board or executive leadership changes.
The RealReal (Nasdaq: REAL) announced Board and executive leadership changes effective March 6 and March 9, 2026. Jennifer McKeehan joined the Board, replacing Niki Leondakis. The company also hired Tiffany Stevenson as Chief People Officer and Tom Hanrahan as Chief Revenue Officer to strengthen operations and revenue strategy.
Management said these moves aim to bolster governance, scaling capabilities, and commercial growth across the luxury resale marketplace.
The RealReal (Nasdaq: REAL) reported fourth quarter and full year 2025 results with FY GMV of $2.13B and total revenue of $693M, up 16% and 15% year-over-year respectively. Adjusted EBITDA improved to $42M for the year and Q4 Adjusted EBITDA was $22M.
Trailing 12-month active buyers reached 1,056,000, operating cash flow was $37M, and year-end cash totaled $166M. Company provided Q1 and full-year 2026 guidance for GMV, revenue, and Adjusted EBITDA.
The RealReal (Nasdaq: REAL) reopened its San Francisco Union Square flagship on February 26, 2026 at 11:00 a.m. PT, expanding to a reimagined two-story, >8,100 sq. ft. space.
The store is the company’s 17th U.S. retail location and adds larger consignor appointment areas, private high-value showings, authentication services, and a curated luxury assortment.
The RealReal (Nasdaq: REAL) will release fourth quarter and full year 2025 financial results for the period ended December 31, 2025, after market close on February 26, 2026.
The company will host a conference call at 2:00 p.m. Pacific / 5:00 p.m. Eastern with a live webcast and archived replay available at the investor website. Registration is required to access the live webcast.
Motorola Solutions (NYSE: MSI) deployed its AI-enabled video security suite at The RealReal (NYSE: REAL) to automate intake and asset protection across consignment facilities. The system converts multi-day manual searches into seconds using intelligent video search by physical description, identifies unusual motion or sound, and delivers granular operational visibility. The RealReal reported the technology helps secure millions of dollars in merchandise and cut asset-protection operating expenses by approximately 60%. Motorola will exhibit the solution at NRF: The Big Show, Jan. 11–13 at the Javits Center.
The RealReal (Nasdaq: REAL) will participate in three investor conferences in December 2025 and will provide live webcasts for two sessions.
Schedule:
- Barclays 11th Annual Eat, Sleep, Play, Shop — New York: Tue-Wed, Dec 2–3, 2025; webcast Wed, Dec 3, 2025 at 10:30 AM ET.
- KeyBanc Capital Markets Consumer Conference — Virtual: Thu, Dec 11, 2025; webcast Thu, Dec 11, 2025 at 1:40 PM ET.
- Northland Capital Growth Conference — Virtual: Tue, Dec 16, 2025; registration required.
The RealReal (Nasdaq: REAL) reported third quarter 2025 results on Nov 10, 2025 showing record GMV of $520M (+20% YoY) and total revenue $174M (+17% YoY).
Adjusted EBITDA was $9.3M (5.4% margin), up 380 bps YoY. GAAP net loss was $54M, which includes a $44M non-cash warrant liability adjustment. Trailing-12-month active buyers reached 1.024M (+7% YoY) and AOV was $584 (+12% YoY). The company raised full-year 2025 guidance and provided Q4 2025 ranges: GMV $585–595M, Revenue $188–191M, Adjusted EBITDA $17.5–18.5M.
The RealReal (Nasdaq: REAL) will release third quarter financial results for the period ended September 30, 2025 after market close on November 10, 2025. The company will host a conference call at 2:00 p.m. Pacific / 5:00 p.m. Eastern to review results, with a live webcast available at the investor website and an archived webcast posted shortly after the call. Investors can register to access the live webcast via the provided registration link.
The RealReal (NASDAQ: REAL), the leading online luxury resale marketplace, has released its comprehensive 2025 Resale Report, revealing significant trends in the secondary luxury market. The report, based on data from over 40 million members, shows strong performance in investment categories like fine jewelry and classic handbags.
Key findings highlight that nearly one-third of U.S. clothing purchases were secondhand, with 47% of consumers considering resale value before making new purchases. Notable investment pieces showed impressive value appreciation, including Rolex Datejusts (+17%), Van Cleef & Arpels Alhambra jewelry (+20%), and Hermès Birkin 30 (+15%). The report also reveals significant growth in vintage searches (+30% year-over-year) and the rising influence of American designers, with emerging brands like Diotima seeing substantial growth (+152%).
The RealReal (NASDAQ:REAL), the leading online marketplace for authenticated luxury resale goods, has announced strategic debt exchange transactions to strengthen its capital structure. The company is exchanging approximately $49.5 million of its 1.00% Convertible Senior Notes due 2028 for 4.00% Convertible Senior Notes due 2031.
This transaction reduces The RealReal's total debt by over $6 million and extends significant 2028 maturities to 2031. Following the exchange, less than $50 million of the 2028 Notes will remain outstanding. The new consolidated 2031 Notes will total $190.079 million. Since early 2024, the company has reduced its total indebtedness by over $86 million.