NASDAQ$REAL
RealReal Inc · Q1 2026 earnings
Q1 2026 earnings · · Investor relations
Briefing
The RealReal reported Q1 2026 revenue of $189.7M (+19% YoY) with net income attributable to common stockholders of $38.9M.
For the quarter ended March 31, 2026, The RealReal generated revenue of $189.7 million versus $160.0 million a year ago from consignment and direct luxury resale. Net income attributable to common stockholders was $38.9 million, or $0.33 per basic share; diluted EPS was $(0.07) due to convertible instruments. Provision for income taxes was minimal at $0.1 million.
- Revenue $189.7M (+19% YoY) on consignment and direct sales.
- Net income attributable to common $38.9M; basic EPS $0.33.
- Diluted EPS $(0.07) reflects convertible share impact.
- Authenticated luxury resale marketplace model.
Headline financials
Revenue & EPS history
RealReal · Revenue · Quarterly
$190M
Revenue by segment
RealReal · $133M total across 3 segments · Q3 2023
- Consignment$103M+9.6%77.2%
- Direct$17.4M-49.0%13.0%
- Shipping Services$13M-12.5%9.7%
Forward guidance
Management discusses GMV, take rate, and authentication capacity; no quarterly EPS guide in 10-Q.
Tailwinds
- Revenue growth and return to net profitability.
- Consignment supply and buyer engagement improving.
Headwinds
- Diluted share count from convertibles creates loss per diluted share.
- Luxury macro and consignor supply remain variables.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2026
-2.0%
Avg return
Earnings day
+2.3%
Avg return
5 days after
-0.3%
Avg return
30 days after
33%
9 / 27 earnings
Positive
+61.4%
Q4 2023
Best reaction
-30.6%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -5.1% | -28.2% | -31.8% | |
| Q4 2025 | -1.5% | -2.1% | -30.8% | |
| Q3 2025 | +37.7% | +23.6% | +27.2% | |
| Q1 2025 | -30.6% | -21.8% | -21.7% | |
| Q4 2024 | -18.8% | -0.5% | -31.5% | |
| Q3 2024 | +22.4% | +25.8% | +105.7% | |
| Q2 2024 | -23.2% | -21.0% | -26.5% | |
| Q1 2024 | -3.1% | -1.9% | -10.0% | |
| Q4 2023 | +61.4% | +118.1% | +128.7% | |
| Q3 2023 | +25.8% | +30.8% | +43.4% | |
| Q2 2023 | +12.1% | +17.0% | +19.3% | |
| Q1 2023 | -10.6% | -18.2% | +24.1% | |
| Q4 2022 | +11.2% | +21.6% | -11.9% | |
| Q3 2022 | -15.8% | +18.0% | +9.4% | |
| Q2 2022 | -14.1% | -19.4% | -40.7% | |
| Q1 2022 | -25.4% | -18.7% | -33.4% | |
| Q4 2021 | -0.9% | +11.7% | -1.6% | |
| Q3 2021 | +19.4% | +21.1% | +3.4% | |
| Q2 2021 | -18.6% | -18.4% | -27.5% | |
| Q1 2021 | -27.9% | -36.6% | -17.2% | |
| Q4 2020 | -12.0% | -9.5% | -25.4% | |
| Q3 2020 | -9.1% | -14.9% | -4.5% | |
| Q2 2020 | +1.9% | +12.3% | +3.8% | |
| Q1 2020 | +5.7% | +5.7% | +19.1% | |
| Q4 2019 | +0.0% | -6.4% | -48.8% | |
| Q3 2019 | -15.5% | -23.0% | -24.4% | |
| Q2 2019 | -20.1% | -3.6% | -5.4% | |
| Q1 2019 | — | — | — | |
| Q4 2018 | — | — | — | |
| Q3 2018 | — | — | — | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — |
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