REAL · TheRealReal, Inc.
$9.17
+0.22 (+2.46%)
At close · Oct 2
Return incl. dividend (before tax)
Market Cap
$1.07B
Shares
121.67M
Volume · Oct 1
3.79M
Avg daily vol (3M)
2.94M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$8.95
Open$8.90
Day$8.70–9.09
52W close$8.12–16.90
Avg vol 30d2.6M
Short int16.7M · 13.8% float · 8.1d
Short vol31%
Last earningsAug 6, 2026
DataJan 2020–Oct 2026
Filing10-Q · Aug 6
Up next
Next earnings call
Nov 7, 2026
Est · unconfirmed
· in 5 wks
filed Aug 6, 2026
call held Aug 6, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$749.91M
Trailing 12 months
Net income (TTM)
−$81.13M
Trailing 12 months
Revenue growth YoY
+16.6%
Year over year
Operating margin
-0.8%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
3.4%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+1.3%
Year over year · more shares
Price change (1Y)
-16.8%
Trailing year
Short interest
13.8%
Latest settlement · 8.1 days to cover
AI Brief
Q2 FY26 earnings call · Aug 6, 2026
Q2 FY26
TL;DR. The RealReal reported Q2 2026 record GMV of $617 million (+22% YoY) and revenue of $193 million (+17% YoY), with Adjusted EBITDA margin expanding 290 bps to 7.0%, and raised its full-year 2026 outlook. However, GAAP net loss widened to $(27) million, including an $(18.6) million non-cash warrant liability adjustment, and take rate declined 200 bps to 35.9%.
Bullish
- + Record GMV of $617 million, up 22% YoY, marking a fourth consecutive quarter of GMV growth above 20%
- + Revenue grew 17% to $193 million with Adjusted EBITDA margin of 7.0%, expanding 290 bps YoY
- + Raised full-year 2026 guidance: GMV $2.535–$2.565B, revenue $788–$797M, Adjusted EBITDA $66–$69M
- + Trailing 12-month active buyers grew 11% YoY to 1,107,000 with AOV up 13% to $659
- + Direct revenue grew 26% YoY and 44% of new consignors came from the active buyer base, up from 40% two quarters ago
- + Free cash flow improved $9 million YoY in Q2 and is expected to outpace Adjusted EBITDA in the second half
Bearish
- − GAAP net loss widened to $(27) million, or (14.1)% of revenue, including an $(18.6) million non-cash warrant liability adjustment
- − Take rate declined 200 bps YoY to 35.9% due to a favorable shift toward higher-value items
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Strong Sell
Momentum
Very Weak
Sentiment
Neutral
Fundamentals
Excellent
Quant / Vol
Very High
Market backdrop
VIX 16.4 · calm
Equity put/call 0.57
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−23%
below
Price vs 50-day avg
−16%
below
RSI (14)
34
neutral
MACD trend
Negative
52-week position
9%
near low
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
−11%
trailing
6-month return
−8%
trailing
YTD return
−43%
this year
Relative strength
−20%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $11 › 200d $12 — 200d above 50d
Institutional flow
Accumulating
+2% holders QoQ · +50 funds added
Insider flow
Distributing
Net -$1.9M over 90 days · 100% sells
Short interest
Rising
13.76% of float · ▲ +2.8% MoM · 8.1 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
255 holders — near 3-yr high, broad support
Squeeze score
72
high risk · 0–100
Fundamentals
Revenue growth
+15%
Y/Y
Gross margin
75%
expanding
EPS growth
+44%
Y/Y
Free cash flow
$18.4M
Balance sheet
$25.2M
net cash
Quant / Vol
risk profile
Volatility
72%
annualized · 1-yr
Max drawdown
−52%
past year
ATR
5.1%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the Earnings Call filed Aug 6, 2026
third quarter
GMV
$610M – $620M
Revenue
$194M – $198M
prior qtr $192.57M
midpoint +1.8% QoQ
medium term
Adjusted EBITDA margin
Non-GAAP
15% – 20%
Guided vs delivered
· last 7 settled
Total Revenue
Q3 2024
guided $135M – $142M
$147.76M
Beat +6.7%
Total Revenue
Full Year 2024
guided $580M – $595M
$600.48M
Beat +2.2%
Total Revenue
Q2 2024
guided $135M – $145M
$144.93M
In line
Total Revenue
Q1 2024
guided $135M – $145M
$143.8M
In line
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−23%
Bearish
Price vs 50-day avg
−16%
Bearish
RSI (14)
34
Neutral
MACD trend
Negative
Bearish
52-week position
9%
Bearish
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Mixed
Trend (MA cross)
No cross
50d $11 › 200d $12 — 200d above 50d
Institutional flow
Accumulating
+2% holders QoQ · +50 funds added
Insider flow
Distributing
Net -$1.9M over 90 days · 100% sells
Short interest
Rising
13.76% of float · ▲ +2.8% MoM · 8.1 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
255 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $8
Now $9 · 9%
Range high $17
vs 200-day avg -23%
vs 50-day avg -16%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Active buyers | 1.11M | the three months ended June 30, 2026 filing | — |
| Adjusted EBITDA non-GAAP | 13.53M | Three Months Ended June 30, 2026 filing | — |
| Consignment revenue gross margin change | 15 | the three months ended June 30, 2026 filing | — |
| Direct revenue gross margin change | 471 | the three months ended June 30, 2026 filing | — |
| Number of orders change | 8% | the three months ended June 30, 2026 filing | — |
| Shipping services revenue gross margin change | 255 | the three months ended June 30, 2026 filing | — |
| Take rate | 35.9% | the three months ended June 30, 2026 filing | -5.3% |
|
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Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Luxury Goods — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
REAL
this stock
TheRealReal, Inc.
|
$1.07B | -43.3% | +15.4% | — | 13.8% |
|
PPRUF
Kering
|
$31.87B | -26.0% | — | — | 0.3% |
|
TPR
Tapestry, Inc.
|
$22.71B | -6.7% | +31.0% | 15.7 | 8.0% |
|
PNDRY
Pandora A/S / ADR
|
$9.57B | +9.4% | — | — | 0.0% |
|
LPGCY
Laopu Gold Co. Ltd./ADR
|
$7.46B | -45.4% | — | — | 0.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| REAL | +0.7% | -11.4% | -7.6% | +1.2% | -43.3% |
| SPY | -0.4% | -0.2% | +12.4% | +0.2% | +12.0% |
| vs SPY | +1.1% | -11.2% | -20.1% | +1.1% | -55.3% |