RealReal (REAL) Q1 2026 Earnings Report and Transcript Summary
The RealReal reported strong performance in its first quarter of fiscal year 2026, with GMV reaching $606 million (+24% YoY), total revenue at $190 million (+19%), and a trailing twelve-month active buyer increase of 10%. Despite a decline in take rate to 36.4%, the company achieved an adjusted EBITDA margin improvement of 430 basis points, reaching 6.9%.
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