RealReal Q4 revenue beats estimates

Realreal

26/02/2026 21:11

Overview

Online luxury marketplace's Q4 revenue grew 18%, beating analyst expectations

Q4 GMV increased 22% yr/yr, reaching $616 mln

Q4 Adjusted EBITDA was $22 mln, up from $11 mln last year

Outlook

RealReal projects Q1 2026 GMV between $585 mln and $600 mln

RealReal expects full-year 2026 GMV between $2.39 bln and $2.45 bln

Company forecasts Q1 2026 revenue between $185 mln and $189 mln

Result Drivers

GMV GROWTH - Q4 GMV rose 22% yr/yr to $616 mln, driven by increased buyer activity and higher order values

STRATEGIC INITIATIVES - Growth driven by execution of growth playbook, operational excellence, and customer service focus

CONSUMER MINDSET SHIFT - 47% of luxury consumers now consider resale value, boosting market demand

Company press release: ID:nGNX7XNfhj

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$194 mln
$190.70 mln (9 Analysts)
Q4 EPS
-$0.33
Q4 Net Income
-$39 mln
Q4 GMV
$616 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the department stores peer group is "buy"

Wall Street's median 12-month price target for RealReal Inc is $18.00, about 49.8% above its February 25 closing price of $12.02

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)