The RealReal Reports Strong Q2 2025 Growth

Realreal ( (REAL) ) has released its Q2 earnings. Here is a breakdown of the information Realreal presented to its investors.

The RealReal, Inc. is the world’s largest online marketplace for authenticated, resale luxury goods, offering a platform for buying and selling high-end items with a focus on sustainability and the circular economy.

In its second quarter of 2025, The RealReal reported a revenue of $165 million, marking a 14% increase year-over-year. The company also achieved a record high in gross merchandise value and total revenue, alongside a notable improvement in adjusted EBITDA, which rose to $6.8 million, an increase of $8.6 million from the previous year.

Key financial highlights include a gross merchandise value of $504 million, a gross profit of $123 million, and a gross margin of 74.3%. The net loss was reduced to $11 million, an improvement from the $17 million loss in the same period last year. The company also saw a rise in active buyers by 6% and an 8% increase in the average order value.

Looking forward, The RealReal is optimistic about its growth trajectory, with plans to leverage AI and automation for efficiency gains. The company has raised its full-year guidance, reflecting confidence in sustained growth and improved profitability. The recent addition of Mark McCaffrey to the Board of Directors is expected to further bolster its strategic initiatives.