- The RealReal reported a record Q2 2026 with gross merchandise value of $617 million, up 22% year over year, and total revenue of $193 million, reflecting an increase of 17%.
- Adjusted EBITDA reached $13.5 million with a 7% margin, supported by disciplined inventory management, operational automation through the Athena AI intake system, and strategic supply initiatives.
- The company raised its full year 2026 guidance, projecting a gross merchandise value range of $2.535 billion to $2.565 billion and total revenue between $788 million and $797 million.
