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Here's What Key Metrics Tell Us About The RealReal (REAL) Q1 Earnings

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For the quarter ended March 2026, The RealReal (REAL - Free Report) reported revenue of $189.72 million, up 18.6% over the same period last year. EPS came in at -$0.01, compared to -$0.14 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $187.66 million, representing a surprise of +1.1%. The company has not delivered EPS surprise, with the consensus EPS estimate being -$0.01.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how The RealReal performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • AOV (Average Order Value): $646.00 versus $647.50 estimated by two analysts on average.
  • Number of Orders: 938 compared to the 919 average estimate based on two analysts.
  • GMV (Gross Merchandise Value): $606.36 million versus $593.75 million estimated by two analysts on average.
  • Revenue- Direct revenue: $25.81 million compared to the $23.87 million average estimate based on three analysts. The reported number represents a change of +26.2% year over year.
  • Revenue- Shipping services revenue: $18.01 million versus $17.25 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +14.3% change.
  • Revenue- Consignment revenue: $145.89 million versus the two-analyst average estimate of $144.5 million. The reported number represents a year-over-year change of +17.8%.

View all Key Company Metrics for The RealReal here>>>

Shares of The RealReal have returned +28% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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