The RealReal Announces Fourth Quarter and Full Year 2025 Results

About this update from The Realreal, Inc.

[{"type":"image","alt":"The RealReal","displaySize":"","headline":null,"caption":"The RealReal","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":300,"url":"https://media.zenfs.com/en/globenewswire.com/3fc7e9e8ee87f9bc13266cc60344f9ad"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/p0WfrEjV5IpUvTHZlTP0YQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTQyMDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/3fc7e9e8ee87f9bc13266cc60344f9ad","width":300,"height":300}},"lazy":false},{"type":"text","content":"Company surpassed $2 billion in GMV, accelerated active buyer growth, and exceeded 2025 financial guidance","length":106,"tagName":"p"},{"type":"text","content":"SAN FRANCISCO, Feb. 26, 2026 (GLOBE NEWSWIRE) -- The RealReal, Inc. (Nasdaq: REAL)—the world’s largest online marketplace for authenticated, resale luxury goods—today reported financial results for its fourth quarter and full year ended December 31, 2025. Fourth quarter 2025 gross merchandise value (GMV) and total revenue increased 22% and 18%, respectively, compared to the fourth quarter of 2024. Full year 2025 GMV and total revenue increased 16% and 15% respectively, compared to the full year for 2024.","length":509,"tagName":"p"},{"type":"text","content":"Fourth quarter Adjusted EBITDA was $22 million, or 11.3% of total revenue, which improved $11 million compared to the fourth quarter of 2024. Full year Adjusted EBITDA was $42 million, or 6.1% of total revenue, and improved $33 million compared to the full year for 2024. Full year Operating Cash Flow was $37 million, which increased $10 million compared to the full year for 2024. Free Cash Flow of positive $5 million increased $5 million compared to the full year for 2024.","length":477,"tagName":"p"},{"type":"text","content":"“2025 was a year of transformation for The RealReal,” said Rati Levesque, President and Chief Executive Officer of The RealReal. “We accelerated top line growth throughout the year, culminating in particularly strong fourth quarter performance. In 2025, we surpassed the $2B mark in GMV and delivered positive Adjusted EBITDA in every quarter for the first time. These defining milestones reinforce our confidence in our growth trajectory and our market leadership position.”","length":475,"tagName":"p"},{"type":"text","content":"Levesque continued, "We are leading a fundamental shift in...

More updates from The Realreal, Inc.