Back to top

Image: Bigstock

The RealReal (REAL) Reports Q2 Earnings: What Key Metrics Have to Say

Read MoreHide Full Article

For the quarter ended June 2026, The RealReal (REAL - Free Report) reported revenue of $192.57 million, up 16.6% over the same period last year. EPS came in at -$0.01, compared to -$0.13 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $188.04 million, representing a surprise of +2.41%. The company delivered an EPS surprise of +50%, with the consensus EPS estimate being -$0.02.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

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): $659.00 compared to the $664.50 average estimate based on two analysts.
  • Number of Orders: 937 compared to the 900 average estimate based on two analysts.
  • GMV (Gross Merchandise Value): $617.26 million compared to the $597.5 million average estimate based on two analysts.
  • Revenue- Direct revenue: $25.79 million versus $22.3 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +25.8% change.
  • Revenue- Shipping services revenue: $18.57 million versus the two-analyst average estimate of $16.85 million. The reported number represents a year-over-year change of +15.5%.
  • Revenue- Consignment revenue: $148.22 million versus $147.25 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +15.2% change.

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

Shares of The RealReal have returned +20.8% over the past month versus the Zacks S&P 500 composite's +3.3% 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.

Published in