The RealReal posts record Q3 2026 GMV and revenue, raises full-year outlook
The RealReal reported third‑quarter 2026 gross merchandise value of $642 million, a 23% increase year‑over‑year, and total revenue of $206 million, up 19% YoY. Gross margin rose to 74.9% and adjusted EBITDA reached $17.0 million, an 8.3% margin, both improving substantially from the prior year. Net income was $16 million, representing 7.8% of revenue, and the company announced higher full‑year revenue guidance. CEO Rati Levesque credited strong buyer growth and operational improvements for the results.
Why it matters
The company’s raised full‑year outlook and higher margins suggest stronger profitability, which may support the stock price. Investors will watch whether the guidance of $806‑$810 million full‑year revenue is met.
Key facts
- 1Q3 2026 GMV was $642 million, up 23% versus Q3 2025. prnewswire.com
- 2Total revenue for Q3 2026 was $206 million, up 19% versus Q3 2025. prnewswire.com
- 3Gross margin was 74.9%, an increase of 64 basis points from the same quarter in 2025. prnewswire.com
- 4Adjusted EBITDA was $17.0 million, an 8.3% margin, up 290 basis points year‑over‑year. prnewswire.com
- 5Net income was $16 million, or 7.8% of total revenue, compared with a loss of $54 million in Q3 2025. prnewswire.com
- 6Full‑year 2026 revenue guidance was raised to $806 million‑$810 million. finance.yahoo.com
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.