Luxury resale used to be a secondary consideration. The numbers say it isn't anymore.
The RealReal (REAL) came out with a quarterly loss of $0.01 per share in line with the Zacks Consensus Estimate. This compares to a loss of $0.14 per share a year ago.
TheRealReal continues to outperform, driven by accelerating GMV and strong Q4 results, prompting a reiterated "Buy" rating. REAL benefits from a large $200 billion TAM, with current GMV only ~1% penetrated, supporting significant long-term growth potential. The shift to a consignment-first, capital-light model has lifted gross margins to the mid-70%s, enabling substantial economies of scale.
The RealReal, Inc. (REAL) Q4 2025 Earnings Call Transcript
The RealReal's latest earnings message is less about a single quarter's sales tally and more about how the luxury reseller thinks artificial intelligence can rewire the work behind every listing, from deciding which sellers to pursue to getting more items authenticated, described and priced fast enough to meet demand.
The headline numbers for The RealReal (REAL) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
The RealReal (REAL) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to a loss of $0.62 per share a year ago.
RealReal Inc (NASDAQ:REAL) stock was last seen up 2.3% to trade at $16.84 at last check.
The RealReal is benefiting from shifting consumer spending, with strong Q3 results and accelerating revenue. REAL's stock surged nearly 20% post-earnings, and I reiterate a "Buy" rating, expecting the rally to continue as the company grows. At a $1.64 billion enterprise value and 26x FY26 adjusted EBITDA, REAL is a compelling growth play, not a value stock, with improving margins.
The RealReal reported third-quarter results on Monday (Nov. 10) showing stronger sales and improved efficiency as the luxury resale market continues to attract cost-conscious consumers.
The RealReal (REAL) came out with a quarterly loss of $0.49 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to a loss of $0.09 per share a year ago.
The headline numbers for The RealReal (REAL) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.