Therealreal, INC

Market Movers (8-K)

NASDAQ
The RealReal, Inc. announced the results of its 2026 annual meeting, confirming director elections and auditor ratification, but rejecting three key management-backed governance proposals.
Worse than expected
NASDAQ
The RealReal, Inc. announced strong fourth quarter and full year 2025 financial results, exceeding guidance with significant growth in GMV, revenue, and Adjusted EBITDA.
Better than expected
NASDAQ
The RealReal, Inc. announced the resignation of director Gilbert L. Baird III following the sale of all shares by pre-IPO investor GreyLion Partners LP.
Worse than expected
NASDAQ
The RealReal, Inc. reported strong third quarter 2025 financial results, achieving profitable growth with record high quarterly revenue and Gross Merchandise Value, and raising its full-year outlook.
Better than expected
NASDAQ
The RealReal, Inc. announced a strategic debt exchange, reducing total indebtedness by over $6 million and extending a significant portion of its 2028 maturities to 2031.
Better than expected
Capital raise
NASDAQ
The RealReal, Inc. announced record second quarter 2025 Gross Merchandise Value and Total Revenue, both up 14% year-over-year, alongside improved profitability and raised full-year guidance.
Better than expected

Quarterly Earnings (10-Q)

NASDAQ
The RealReal reports Q1 2026 results with a 18% increase in consignment revenue driven by higher GMV, though take rate decreased due to sales mix.
NASDAQ
The RealReal, Inc. reported a 17.5% increase in total revenue for Q3 2025, reaching $173.6 million, but a significant net loss of $54.1 million primarily due to warrant revaluation.
Capital raise
NASDAQ
The RealReal, Inc. reported a narrower net loss for the second quarter and a net profit for the first half of 2025, driven by revenue growth and non-cash gains from debt extinguishment and warrant revaluation.
Capital raise
Better than expected
NASDAQ
The RealReal, Inc. announces net income for Q1 2025, driven by debt extinguishment gains and increased revenue, while continuing to navigate the luxury resale market.
Better than expected
NASDAQ
The RealReal, Inc. saw an 11% increase in revenue in the third quarter of 2024, while also reducing its net losses compared to the same period last year.
Better than expected
NASDAQ
The RealReal, Inc. saw a significant increase in gross profit during the second quarter of 2024, driven by higher consignment revenue and improved take rates, though the company still reported a net loss.
Worse than expected
Capital raise

Annual Reports (10-K)

NASDAQ
The RealReal, Inc. reported a significant reduction in net loss for fiscal year 2025, alongside robust growth in Gross Merchandise Value and active buyers, driven by operational efficiencies and strategic debt management.
Capital raise
Better than expected
NASDAQ
The RealReal, Inc. reports revenue growth and a reduced net loss for the fiscal year ended December 31, 2024, driven by consignment revenue and improved gross margins.
Better than expected
NASDAQ
The RealReal has entered into an exchange agreement to swap existing convertible notes for new secured notes and warrants, aiming to strengthen its financial position.
Worse than expected
Capital raise

Insider Trading (Form 4)

NASDAQ
James R. Miller, a Director of TheRealReal, Inc., received 14,150 shares of common stock on July 27, 2026.
NASDAQ
Caretha Coleman, a Director of TheRealReal, Inc., received 14,150 shares of common stock on July 27, 2026.
NASDAQ
Jennifer Mckeehan, a Director of TheRealReal, Inc., received 14,150 shares of common stock on July 27, 2026.
NASDAQ
Robert J Krolik, a Director of TheRealReal, Inc., received 14,150 shares of common stock on July 27, 2026.
NASDAQ
Karen Katz, a Director of TheRealReal, Inc., received 14,150 shares of common stock on July 27, 2026.
NASDAQ
Mark Mccaffrey, a Director of TheRealReal, Inc., received 14,150 shares of common stock on July 27, 2026.

Proxy Statements (Def-14A)

NASDAQ
The RealReal, Inc. has announced its 2026 Annual Meeting of Stockholders, scheduled for June 10, 2026, and is proposing several amendments to its Certificate of Incorporation, including phasing out its classified board structure.
NASDAQ
The RealReal, Inc. has filed a definitive proxy statement with the SEC.
NASDAQ
The RealReal is seeking stockholder approval to declassify its board and limit officer liability, aligning with corporate governance best practices and Delaware law.
NASDAQ
The RealReal, Inc. has filed a definitive proxy statement with the SEC.
NASDAQ
The RealReal's 2024 proxy statement outlines proposals for board declassification and officer liability amendments to enhance corporate governance.
Better than expected

Schedule 13D - Activist Investments

NASDAQ
An investor group led by Kanen Wealth Management LLC has significantly reduced its beneficial ownership in TheRealReal, Inc., falling below the 5% threshold as of January 28, 2025.
NASDAQ
Kanen Wealth Management LLC and its affiliated funds, including Philotimo Fund, LP and Philotimo Focused Growth & Income Fund, have disclosed a reduction in their beneficial ownership of TheRealReal, Inc. common stock through a series of sales.
Worse than expected

Schedule 13G - Passive Investments

NASDAQ
FMR LLC and Abigail P. Johnson have disclosed a beneficial ownership of 5.2% of TheRealReal, Inc.'s common stock as of June 30, 2026.
NASDAQ
Divisadero Street Capital Management, LP and affiliated entities have reported beneficial ownership of 7.6% of TheRealReal, Inc.'s common stock.
NASDAQ
The Vanguard Group has reported a complete divestment of its beneficial ownership in The RealReal Inc. following an internal realignment.
Worse than expected
NASDAQ
Timothy and Angela Riley have reduced their beneficial ownership in The RealReal, Inc. to 4.9%, triggering an amendment to their Schedule 13G filing.
Worse than expected
NASDAQ
GreyLion Partners and affiliated entities have reported zero beneficial ownership in TheRealReal, Inc., indicating a full divestment of their previously held stake.
Worse than expected
NASDAQ
FMR LLC and Abigail P. Johnson have reported a beneficial ownership of 10.8% in TheRealReal, Inc., totaling over 12.5 million common shares as of December 31, 2025.