# The RealReal (REAL) — Earnings

REAL · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/real/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | −$0.01 |
| EPS estimate | −$0.02 |
| EPS surprise | +43.18% |
| Revenue surprise | +2.37% |
| Revenue | $192.6M |
| Revenue estimate | $188.1M |
| Reported | Aug 6, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1573221/000157322126000053/real-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/f9df7e82-7ad8-3f30-7178-653ab602866c.html) |

RealReal reported Q2 2026 results on August 6, 2026, with a loss of $0.01 per share. That was narrower than the expected $0.02 loss, a 43.18% beat. Revenue was $192.6 million against a $188.1 million estimate. Compared with Q2 2025, the loss narrowed from $0.06 per share and revenue rose about 17% from $165.2 million.

The table shows losses shrinking steadily. Full-year losses were $1.54 per share in 2022, $0.88 in 2023, $0.35 in 2024 and $0.12 in 2025. Q4 2025 was the only profitable quarter of the 20 shown, at $0.06 per share, and set the table's revenue high at $194.1 million. Annual revenue dipped from $603.1 million in 2022 to $549.4 million in 2023, then rose to $692.9 million in 2025. First-half 2026 revenue was about 18% above the first half of 2025. RealReal beat the EPS estimate in 19 of the last 20 quarters. The only miss was Q4 2021.

Q3 results came out between November 4 and November 10 in each of the past five years, which points to early November 2026 for the next report. It will show whether results stay near break-even, as they have in the first two quarters of 2026.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 6, 2026 | −$0.02 | −$0.01 | 43.18% | $188.1M | $192.6M |
| Q1 2026 | May 7, 2026 | −$0.01 | −$0.01 | 32.89% | $188.4M | $189.7M |
| Q4 2025 | Feb 26, 2026 | $0.04 | $0.06 | 62.60% | $190.7M | $194.1M |
| Q3 2025 | Nov 10, 2025 | −$0.07 | −$0.04 | 39.67% | $170.3M | $173.6M |
| Q2 2025 | Aug 7, 2025 | −$0.09 | −$0.06 | 35.14% | $159.7M | $165.2M |
| Q1 2025 | May 8, 2025 | −$0.10 | −$0.08 | 17.18% | $159.8M | $160.0M |
| Q4 2024 | Feb 20, 2025 | −$0.04 | −$0.01 | 77.22% | $163.7M | $164.0M |
| Q3 2024 | Nov 4, 2024 | −$0.12 | −$0.09 | 22.21% | $143.6M | $147.8M |
| Q2 2024 | Aug 6, 2024 | −$0.17 | −$0.13 | 22.11% | $139.7M | $144.9M |
| Q1 2024 | May 7, 2024 | −$0.17 | −$0.12 | 29.29% | $140.4M | $143.8M |
| Q4 2023 | Feb 29, 2024 | −$0.13 | −$0.07 | 47.76% | $142.4M | $143.4M |
| Q3 2023 | Nov 7, 2023 | −$0.27 | −$0.15 | 44.53% | $127.1M | $133.2M |
| Q2 2023 | Aug 8, 2023 | −$0.39 | −$0.30 | 22.22% | $132.6M | $130.9M |
| Q1 2023 | May 9, 2023 | −$0.45 | −$0.36 | 20.86% | $142.5M | $141.9M |
| Q4 2022 | Feb 28, 2023 | −$0.38 | −$0.29 | 24.08% | $157.7M | $159.7M |
| Q3 2022 | Nov 8, 2022 | −$0.45 | −$0.38 | 14.68% | $149.2M | $142.7M |
| Q2 2022 | Aug 9, 2022 | −$0.47 | −$0.40 | 14.55% | $154.1M | $154.0M |
| Q1 2022 | May 10, 2022 | −$0.54 | −$0.47 | 13.09% | $136.4M | $146.7M |
| Q4 2021 | Feb 23, 2022 | −$0.42 | −$0.42 | -1.06% | $135.0M | $145.1M |
| Q3 2021 | Nov 8, 2021 | −$0.53 | −$0.47 | 11.70% | $113.4M | $118.8M |

## Frequently Asked Questions

### When did The RealReal (REAL) last report earnings?

The RealReal last reported on Aug 6, 2026, covering fiscal Q2 2026.

### Did REAL beat earnings estimates?

Yes. The RealReal reported EPS of −$0.01 for Q2 2026 against a −$0.02 estimate — a 43.18% beat.

### How much revenue did REAL report last quarter?

The RealReal reported $192.6M in revenue for Q2 2026, against a consensus estimate of $188.1M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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