RealReal Q2 FY26 net loss widens to $27 million; revenue rises 17% to $193 million - REAL News | RalliesRealReal Q2 FY26 net loss widens to $27 million; revenue rises 17% to $193 million
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REAL• The RealReal reports higher revenue, wider net loss and raised guidance
- The RealReal posted Q2 revenue of USD 193 million, up 17% year-over-year, as GMV rose 22% to USD 617 million.
- Net loss widened to USD 27 million from USD 11 million, reflecting a USD 18.6 million non-cash warrant-liability fair-value adjustment.
- Adjusted EBITDA climbed to USD 13.5 million from USD 6.8 million, lifting the adjusted EBITDA margin to 7% from 4.1%.
- Trailing 12-month active buyers increased 11% to 1,107,000, while average order value rose 13% to USD 659.
- Full-year guidance was raised, with GMV seen at USD 2.535 billion-USD 2.565 billion and adjusted EBITDA at USD 66 million-USD 69 million.
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