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The RealReal REAL Q3 2026 earnings

Reported October 29, 2026 · After market close

Revenue$206.1MBeat by $9.2M
EPS$0.02Beat by $0.02
Revenue estimate$196.9M
EPS estimate$0.00
“Q3 was another record quarter for The RealReal, with quarterly all-time highs in GMV, revenue and orders, with our strongest quarterly order growth since 2022, up 15% versus last year. Alongside that growth we expanded adjusted EBITDA margin by 290 basis points, and earlier this month we completed a key refinancing extending our debt maturity profile and positioning the business to continue deleveraging in the years ahead.”
Rati Levesque

Next report

Date not yet announced

Financials

Q3 2026

Income statement

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Revenue$206.1M+18.7%
Gross profit$154.4M+19.8%
Operating income$1.5M+119%
Net income$16.0M+130%
EPS (diluted)-$0.04+91.8%

Balance sheet

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Cash & equivalents$130.4M+5.8%
Total debt$231.0M-2.9%
Total equity-$354.4M+8.0%
Total assets$403.7M+10.2%

Cash flow

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Operating cash flow$25.0M+29.2%
CapEx$9.7M+296%

Valuation & ratios

Valuation

as of 10/30/26
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Market cap$1.38B-1.6%
Enterprise value$1.48B-2.4%
P/S1.8×-0.4×

Profitability

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Gross margin74.7%+0.2pp
Net margin-1.4%-0.7pp

Returns & leverage

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Current ratio0.8×0.0×

Segments

By product

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Consignment revenue$159.1M+18.4%
Shipping services revenue$19.6M+20.8%

FAQ

When did The RealReal report Q3 2026 earnings?
The RealReal (REAL) reported Q3 2026 earnings on October 29, 2026 after market close.
What were The RealReal's Q3 2026 revenue and EPS?
The RealReal reported revenue of $206.1M and eps of $0.02 for Q3 2026.
Did The RealReal beat estimates in Q3 2026?
Revenue beat the consensus estimate of $196.9M by $9.2M. EPS beat the consensus estimate of $0.00 by $0.02.
How did The RealReal's Q3 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 18.7% from $173.6M a year earlier.
Where can I find The RealReal's Q3 2026 SEC filings?
You can read the 8-K earnings release (0001573221-26-000064) and the 10-Q periodic report (0001573221-26-000066) directly on SEC EDGAR. The filing index links above go to sec.gov.