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The RealReal reports Q3 revenue of $206M, up 19%, and raises full-year outlook

REALTheRealReal, Inc.

The RealReal reported third-quarter 2026 total revenue of $206 million, a 19% increase year-over-year, driven by a 23% rise in gross merchandise value to $642 million. The company achieved net income of $16 million compared to a loss of $54 million in the prior year period, with adjusted EBITDA expanding to $17.0 million and an 8.3% margin. Management raised full-year guidance for GMV to $2.585–$2.600 billion and total revenue to $806–$810 million, citing accelerating active buyer growth and margin expansion. The RealReal operates the world’s largest online marketplace for authenticated resale luxury goods.

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