TheRealReal (REAL) director Mark McCaffrey receives 963 deferred stock units
TheRealReal director Mark McCaffrey has been granted 963 deferred restricted stock units (DRSUs) as an equity award, fully vested at a grant price of $0.00. These DRSUs are equivalent to common stock and will be settled generally upon his separation from service as a non-employee director or on an elected date. Following this transaction, McCaffrey directly holds 12,863 shares of TheRealReal common stock.
Karen Katz of TheRealReal (REAL) receives 1,988 deferred stock units
Karen Katz, a director at TheRealReal, Inc. (REAL), has been granted 1,988 deferred restricted stock units (DRSUs) under the company's 2019 Equity Incentive Plan. These units, economically equivalent to common stock shares, are fully vested but will be settled upon her separation from service as a non-employee director or a pre-elected future date. Following this award, Katz's directly held and deferred equity position in TheRealReal totals 238,355 shares.
Vanguard disaggregates holdings; REAL filing (NASDAQ: REAL)
Vanguard has filed an amended Schedule 13G/A for The RealReal, Inc. (NASDAQ: REAL), reporting 0 shares owned. This update follows an internal realignment on January 12, 2026, where Vanguard disaggregated beneficial ownership among its subsidiaries, which will now report separately. The filing clarifies reporting status and does not reflect an economic transaction or change in share ownership.
TheRealReal CFO Madan Gopal sells $479k in stock
TheRealReal (NASDAQ:REAL) CFO Madan Gopal sold 51,585 shares of common stock for $479,224 on March 19, 2026, at a price of $9.29 per share. This sale was to cover withholding taxes related to a performance award. Following this transaction, Gopal directly owns 1,179,307 shares, and while the stock appears overvalued by InvestingPro analysis, the company recently surpassed Q4 2025 earnings and revenue expectations.
TheRealReal (NASDAQ: REAL) CFO share sale to cover tax withholding
TheRealReal's CFO, Ajay Madan Gopal, reported an automatic sale of 51,585 shares of common stock at $9.29 per share. This sale was conducted by the company to cover tax withholding obligations that arose from the vesting of 100,000 shares from a performance award granted on May 8, 2024. Following this transaction, the CFO directly holds 1,179,307 shares of the company's common stock.
The RealReal, Inc. (NASDAQ:REAL) Q4 2025 earnings call transcript
This document is a transcript of The RealReal, Inc.'s Q4 2025 earnings call. It provides the full verbatim record of the discussions, presentations, and Q&A sessions that occurred during the call, offering detailed insights into the company's financial performance and strategic outlook for the fourth quarter of 2025.
World’s largest luxury resale site The RealReal slated for Roth talk
The RealReal (Nasdaq: REAL) announced that its CFO, Ajay Gopal, will participate in a fireside chat at the 38th Annual Roth Conference on March 23, 2026. The presentation will occur at 3:00 PM PT (6:00 PM ET), with registration available through the company's investor website and a replay accessible for 90 days. This event is part of The RealReal's ongoing investor engagement following recent operational updates and financial results.
TheRealReal (REAL) director Jennifer McKeehan files initial Form 3
Jennifer McKeehan, a director at TheRealReal, Inc. (REAL), has filed an initial Form 3 with the SEC, indicating her beneficial ownership. The filing specifies her role as a director but reports no current purchases, sales, or other transactions involving the company’s securities or any derivative holdings. This initial statement merely establishes her position and disclosures without any reported trading activity.
Divisadero Street Capital Management LP Purchases 2,254,300 Shares of The RealReal, Inc. $REAL
Divisadero Street Capital Management LP significantly increased its stake in The RealReal, Inc. (NASDAQ:REAL) by 652.5% in the third quarter, purchasing 2,254,300 additional shares. The fund now owns 2,599,801 shares, representing about 2.23% of the company, valued at approximately $27.6 million. Despite accumulation by some institutional investors, company insiders have sold 235,298 shares worth over $2.5 million recently, while Wall Street analysts maintain a "Moderate Buy" rating with an average target price of $18.06, suggesting substantial upside.
Cannell Capital LLC Sells 1,070,126 Shares of The RealReal, Inc. $REAL
Cannell Capital LLC significantly reduced its stake in The RealReal, Inc. (NASDAQ:REAL) by selling 1,070,126 shares, cutting its position by 74.9%. This sale leaves the fund with 359,081 shares, valued at $3.82 million. Concurrently, company insiders, including CEO Levesque Rati Sahi and Todd A. Suko, have also been selling shares, reflecting a pattern of insider selling.
Landscape Capital Management L.L.C. Boosts Holdings in The RealReal, Inc. $REAL
Landscape Capital Management L.L.C. increased its stake in The RealReal, Inc. (NASDAQ:REAL) by 23.0% in Q3, now holding 1,170,112 shares valued at approximately $12.44 million. Other institutional investors like Vanguard, Marshall Wace, Jupiter, and American Century also raised their positions, contributing to institutional ownership of 64.73%. Despite some insider selling totaling about $2.52 million in the last quarter, analysts maintain a "Moderate Buy" consensus rating for REAL with an average target price of $18.06.
Atika Capital Management LLC Takes Position in The RealReal, Inc. $REAL
Atika Capital Management LLC has purchased a new stake of 374,000 shares, valued at approximately $3.98 million, in The RealReal, Inc. This investment represents about 0.32% of the company's total shares. Following this, the company's insiders sold 235,298 shares, reducing insider ownership to 9.0%, while institutional investors now own about 64.73%.
Atika Capital Management LLC Takes Position in The RealReal, Inc.
Atika Capital Management LLC has acquired a new stake in The RealReal, Inc. by purchasing 374,000 shares valued at approximately $3,976,000. This investment suggests that Atika Capital sees potential in the luxury resale platform despite its recent challenges. The move highlights continued institutional interest in The RealReal's business model.
The RealReal strengthens its board and leadership team
The RealReal, a US-based luxury resale platform, has announced key appointments to its board and leadership team to support its next phase of growth. Jennifer McKeehan of Fanatics has joined its board of directors, while Tiffany Stevenson and Tom Hanrahan have been appointed as chief people officer and chief revenue officer, respectively. These strategic hires aim to bolster the company's governance, operational leadership, and drive sustainable growth in the luxury resale market.
The RealReal, Inc. Announces Leadership Changes to Enhance Governance and Operational Strength
The RealReal, Inc. has announced significant leadership changes to bolster its governance and operational strength as it enters a new growth phase. Jennifer McKeehan has been appointed to the Board of Directors, bringing extensive operational expertise, while Niki Leondakis has stepped down. Additionally, Tiffany Stevenson and Tom Hanrahan have joined the executive team as Chief People Officer and Chief Revenue Officer, respectively, to drive growth and innovation in the luxury resale market.
Fanatics and Square veterans join The RealReal leadership team
The RealReal (Nasdaq: REAL) announced significant leadership changes, including the appointment of Jennifer McKeehan (formerly of Fanatics) to its Board of Directors and the hiring of Tiffany Stevenson (formerly of Weight Watchers, Box, and Sephora) as Chief People Officer and Tom Hanrahan (formerly of Square) as Chief Revenue Officer. These moves aim to strengthen the company's governance, scaling capabilities, and commercial growth within the luxury resale marketplace. Niki Leondakis also departed the Board.
The RealReal Announces Board of Directors and Executive Leadership Updates
The RealReal announced significant changes to its Board of Directors and executive leadership team. Jennifer McKeehan was appointed to the Board, bringing extensive operational and supply chain experience, while Niki Leondakis departed. Additionally, Tiffany Stevenson joined as Chief People Officer and Tom Hanrahan as Chief Revenue Officer, both bringing considerable leadership experience to support the company's growth in luxury resale.
The RealReal (NASDAQ: REAL) tops $2.1B GMV and boosts EBITDA in 2025
The RealReal (NASDAQ: REAL) reported strong financial growth and narrowed losses in 2025, exceeding $2.1 billion in Gross Merchandise Value (GMV) and significantly boosting Adjusted EBITDA to $42.1 million. The company also achieved positive free cash flow of $5.5 million for the year. For 2026, The RealReal projects continued growth with GMV between $2.39 billion and $2.45 billion and Adjusted EBITDA ranging from $57 million to $65 million, signaling further confidence in its business model and market leadership.
The RealReal, Inc. (NASDAQ:REAL) Q4 2025 Earnings Call Transcript
The RealReal, Inc. reported its Q4 and full-year 2025 earnings, highlighting a transformative year with accelerated top-line growth and improved profitability. The company achieved $616 million in GMV for Q4, representing 22% growth, and its first year of positive adjusted EBITDA across all quarters, driven by strategic pillars like their growth playbook, operational excellence, and customer service. Looking ahead to 2026, RealReal projects continued GMV and revenue growth with further adjusted EBITDA margin expansion, largely powered by AI-driven efficiencies and expanding the reach of its Athena processing system.
The RealReal Announces Fourth Quarter and Full Year 2025 Results
The RealReal (REAL) has announced its financial results for the fourth quarter and full year ending December 31, 2025. The company reported significant growth in GMV and total revenue, surpassing $2 billion in GMV for the year, and achieved positive Adjusted EBITDA for the first time in every quarter of 2025. Looking ahead to 2026, The RealReal provided guidance for continued growth in GMV, total revenue, and Adjusted EBITDA.
Earnings Flash (REAL) The RealReal, Inc. Reports Q4 Revenue $194.1M, vs. FactSet Est of $190.7M
The RealReal, Inc. (REAL) reported Q4 revenue of $194.1 million, surpassing FactSet's estimate of $190.7 million. The article also mentions recent board and leadership updates, along with several insider share sales, and provides details about the company's business model as an online marketplace for luxury consignment goods.
Earnings call transcript: TheRealReal Q4 2025 beats expectations, stock gains
TheRealReal (REAL) reported Q4 2025 earnings that significantly surpassed expectations, with EPS doubling forecasts and revenue exceeding estimates. The company's stock rose over 3% on the news, driven by a 22% increase in Gross Merchandise Value (GMV) and improved operational efficiency, including advancements in AI-powered authentication. The luxury consignment retailer also provided an optimistic outlook for 2026, projecting continued revenue growth and EBITDA expansion.
TheRealReal (REAL) CFO reports tax-cover share sales and 106,181 RSUs
TheRealReal, Inc. CFO Ajay Madan Gopal reported automatic share sales to cover withholding taxes and a new grant of 106,181 restricted stock units (RSUs). On February 23, 2026, he sold 31,381 shares at $10.72 each and received the RSUs at a stated price of $0.00, which will vest in twelve equal quarterly installments. Following these transactions, the CFO directly held 1,230,892 shares of TheRealReal, Inc. common stock.
TheRealReal CFO Madan Gopal sells $336k in shares
TheRealReal's CFO, Ajay Madan Gopal, sold 31,381 shares of common stock for $336,404 on February 23, 2026, while also acquiring 106,181 shares through RSU vesting. Despite the sale, his direct ownership increased to over 1.2 million shares. This news follows analyst upgrades and increased price targets for TheRealReal, highlighting its strong position in the luxury resale market.
TheRealReal (REAL) CLO sells 45,947 shares, receives 63,708 RSUs
TheRealReal, Inc. Chief Legal Officer Todd A. Suko sold 45,947 shares of common stock at $10.72 per share on February 23, 2026, primarily to cover tax withholdings related to vesting equity awards. On the same date, Suko was granted 63,708 restricted stock units which will vest in twelve equal quarterly installments. Following these transactions, Suko directly holds 624,271 shares of common stock.
TheRealReal (REAL) CEO sells for taxes, gains 179,691 RSUs
TheRealReal, Inc.'s CEO, Rati Sahi Levesque, sold 121,399 shares of common stock on February 23, 2026, at $10.72 per share to cover tax withholdings on vesting equity awards. On the same day, she received a grant of 179,691 restricted stock units, which will vest in twelve equal quarterly installments. Following these transactions, her direct ownership in TheRealReal stood at 1,662,470 shares.
TheRealReal CFO Madan Gopal sells $336k in shares
TheRealReal CFO Madan Gopal sold 31,381 shares of common stock for $336,404 on February 23, 2026, while also acquiring 106,181 shares through restricted stock unit vesting. Following these transactions, Gopal directly owns 1,230,892 shares. The stock has shown a 72% gain over the past year and analysts from KeyBanc and William Blair have given positive outlooks, despite the stock appearing overvalued according to InvestingPro analysis.
After founder’s exit, The RealReal appoints CEO to lead turnaround
The RealReal, a luxury resale platform, has appointed John Koryl as its new CEO, seven months after founder Julie Wainwright stepped down. Koryl, with experience from Neiman Marcus and Ebay, is tasked with leading the company to profitability. The move comes as The RealReal, like many other fashion companies and resale platforms, faces the challenge of turning its business model profitable despite significant losses in previous years.
Here's What Analysts Think About The RealReal (REAL)
Northland Securities and Wells Fargo have reaffirmed bullish ratings for The RealReal, Inc. (NASDAQ: REAL), with price targets of $20.00 and $22.00, respectively. Analysts anticipate double-digit revenue expansion and improved profitability, driven by the company's strong consignment business and market leadership in authenticated luxury goods. The RealReal is positioned as a leading online marketplace for luxury resale items, benefiting from extensive proprietary data and brand trust.
GSA Capital Partners LLP Decreases Holdings in The RealReal, Inc. $REAL
GSA Capital Partners LLP significantly reduced its stake in The RealReal, Inc. (NASDAQ:REAL) by 60.4% in the third quarter of 2025, selling 273,552 shares to hold 179,592 shares valued at approximately $1.91 million. This comes amidst broader insider selling, with the CEO and CAO also offloading shares, totaling over $4.92 million in insider dispositions in the last 90 days. Despite the insider and institutional selling, analysts generally maintain a "Moderate Buy" rating for REAL with a consensus target price of $17.94.
The RealReal, Inc.'s (NASDAQ:REAL) Share Price Is Still Matching Investor Opinion Despite 29% Slump
The RealReal, Inc. (NASDAQ:REAL) has experienced a 29% share price drop recently, although it remains up 51% over the last year. Despite a high price-to-sales (P/S) ratio of 2.1x compared to the industry average of 0.5x, analysts believe the stock is priced appropriately due to strong forecasted revenue growth of 12%, which is higher than the broader Specialty Retail industry's 7.7%. The company's recent revenue growth of 14% also supports investor confidence in its future performance.
The RealReal, Inc.'s (NASDAQ:REAL) Share Price Is Still Matching Investor Opinion Despite 29% Slump
Despite a recent 29% drop in share price, The RealReal, Inc. (NASDAQ:REAL) maintains a high price-to-sales (P/S) ratio of 2.1x, which is above the industry average for Specialty Retail companies. This high P/S is supported by its superior revenue growth, with a 14% increase in the last year and analysts forecasting 12% growth for the next year, significantly higher than the broader industry's 7.7% projection. Investors appear to be comfortable with the current valuation, expecting strong future revenue performance to continue.
REAL SEC Filings - Therealreal 10-K, 10-Q, 8-K Forms
Stock Titan provides a dedicated page for The RealReal (REAL) SEC filings, including 10-K, 10-Q, 8-K forms, and insider trading reports. The platform integrates AI-powered summaries to help users quickly understand key points from these regulatory documents, such as financial performance, corporate events, and insider transactions. Recent filings cover director ownership reports, proposed share sales under Rule 144, and RSU vesting transactions, offering insights into the company's luxury resale business operations.
Luxury resale player The RealReal sets Feb. 26 call on 2025 results
The RealReal (REAL) has announced it will release its fourth quarter and full-year 2025 financial results on February 26, 2026, after the market closes. The company will host a conference call and live webcast at 2:00 p.m. Pacific / 5:00 p.m. Eastern to discuss these results, covering the period ended December 31, 2025. Registration is required for investors to access the live webcast.
The RealReal Announces Timing of Its Fourth Quarter and Full Year 2025 Earnings Conference Call
The RealReal announced it will release its financial results for the fourth quarter and full year, ended December 31, 2025, after market close on February 26, 2026. The company will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss these results, with a live webcast available online. The RealReal is described as the world’s largest online marketplace for authenticated, resale luxury goods.
The RealReal, Inc. $REAL Position Trimmed by Woodson Capital Management LP
Woodson Capital Management LP significantly reduced its stake in The RealReal, Inc. ($REAL) by 45.3%, selling 2.9 million shares, though it remains a top holding. The article highlights heavy insider selling totaling $209.3 million over 90 days, including a major sale by Director Gilbert Baird III. Despite RealReal missing EPS estimates but slightly beating revenue, analysts
TheRealReal stock hits 52-week high at 16.28 USD
TheRealReal Inc. (NASDAQ: REAL) stock reached a 52-week high of $16.28, reflecting strong market performance and investor confidence. This surge follows significant revenue and EBITDA growth, with analysts raising price targets due to successful strategies and expanding market presence in sustainable luxury goods. The company's stock has seen a 66.77% increase over the past year and impressive 220.16% surge over six months, despite being considered overvalued by InvestingPro data.
TheRealReal stock hits 52-week high at 16.28 USD By Investing.com
TheRealReal Inc. (REAL) stock achieved a 52-week high of $16.28, reflecting a strong market performance with a 66.77% increase over the past year and a 220.16% surge in six months. Despite being considered overvalued by InvestingPro's Fair Value model, the luxury consignment company's success is attributed to its 74.49% gross profit margins and growing consumer interest in sustainable luxury. Recent positive analyst ratings from UBS, BTIG, and KeyBanc, along with strong Q3 results, underscore investor confidence in its growth strategies.
Maverick Capital Ltd. Purchases Shares of 463,493 The RealReal, Inc. $REAL
Maverick Capital Ltd. has acquired 463,493 shares of The RealReal, Inc. (NASDAQ:REAL) for approximately $2.22 million, establishing a new position in the company. This move comes amidst significant insider selling, with over 15.8 million shares sold by insiders in the last 90 days. Analysts maintain a "Moderate Buy" rating for REAL, with a consensus target price of $14.57.
The RealReal, Inc.'s (NASDAQ:REAL) P/S Is Still On The Mark Following 27% Share Price Bounce
The RealReal, Inc. (NASDAQ:REAL) has seen its shares jump 27% in the last month, contributing to a 117% increase over the past year. Despite a P/S ratio of 2.5x, which is higher than most of its Specialty Retail industry peers, analysts anticipate strong future revenue growth for RealReal, estimated at 13% for the next year, exceeding the industry's 7.7% forecast. This expected growth is likely justifying the elevated P/S ratio and maintaining investor confidence in the company's future performance.
The RealReal, Inc.'s (NASDAQ:REAL) P/S Is Still On The Mark Following 27% Share Price Bounce
The RealReal, Inc. (NASDAQ:REAL) has seen a significant 27% share price increase in the last month, contributing to a 117% gain over the past year. While its Price-to-Sales (P/S) ratio of 2.5x is higher than the industry average, this is supported by strong historical revenue growth and analyst forecasts predicting 13% growth for the next year, outpacing the broader Specialty Retail industry's 7.7%. Investors are seemingly confident in RealReal's future revenue prospects, justifying its current valuation.
Insider Sell: Gopal Madan Sells Shares of The RealReal Inc (REAL)
Gopal Madan, CFO of The RealReal Inc (REAL), sold 28,520 shares on November 26, 2025, reducing his holdings to 1,156,092 shares. This transaction is part of a trend for Madan, who has sold 212,527 shares over the past year with no purchases. GuruFocus estimates REAL to be significantly overvalued at a price of $14.73 per share, with a price-to-GF-Value ratio of 4.38 against an estimated GF Value of $3.36.
TheRealReal CLO Suko sells $1m in shares
TheRealReal's Chief Legal Officer, Todd A. Suko, sold 72,933 shares of company stock for approximately $1.02 million on November 25, 2025. This sale occurred despite the company's shares experiencing significant returns and recent positive analyst revisions. The RealReal, Inc. (NASDAQ:REAL) is currently considered overvalued by InvestingPro analysis, though it reported strong Q3 2025 financial results.
TheRealReal CAO Lo sells $864,249 in stock By Investing.com
TheRealReal's Chief Accounting Officer, Steve Ming Lo, sold 59,789 shares of company stock for a total of $864,249 on November 25, 2025. This transaction was disclosed in a Form 4 filing with the SEC. Following the sale, Lo still directly holds 249,553 shares of TheRealReal.
TheRealReal CAO Lo sells $864,249 in stock
Steve Ming Lo, Chief Accounting Officer of TheRealReal, Inc. (NASDAQ:REAL), sold 59,789 shares of common stock for a total of $864,249 on November 25, 2025. This transaction leaves him with 249,553 shares directly owned. The sale follows a strong Q3 2025 report for TheRealReal, which saw revenue increase 17% and GMV rise 20% year-over-year, leading to reiterated "Overweight" ratings and increased price targets from KeyBanc, UBS, and BTIG.
TheRealReal CAO Lo sells $864,249 in stock By Investing.com
Steve Ming Lo, Chief Accounting Officer of TheRealReal, Inc. (NASDAQ:REAL), sold 59,789 shares of common stock on November 25, 2025, for a total value of $864,249. This transaction follows a strong third quarter for The RealReal in 2025, with increased revenue and gross merchandise value, leading to positive analyst reiterations and price target adjustments.
Earnings call transcript: TheRealReal sees strong Q3 2025 growth with 17% revenue rise
TheRealReal (REAL) reported a robust Q3 2025 with $174 million revenue, up 17% year-over-year, and a 20% rise in Gross Merchandise Value (GMV) to $520 million. The company raised its full-year GMV guidance to $2.10-$2.11 billion and achieved an adjusted EBITDA of $9.3 million, reflecting strong growth and operational efficiency driven by strategic initiatives like AI integration and expanded retail presence. Management, including CEO Rati Levesque and CFO Ajay Gopal, emphasized the company's leading market position in luxury resale, its "growth playbook" encompassing sales, marketing, and retail, and advancements in AI-driven processes like the Athena intake system.
The RealReal Announces Upcoming Investor Conference Schedule
The RealReal (Nasdaq: REAL) announced its participation in three upcoming investor conferences in December 2025. These include the Barclays 11th Annual Eat, Sleep, Play, Shop Conference, the KeyBanc Capital Markets Consumer Conference, and the Northland Capital Growth Conference. Webcasts for some events will be available on the company's investor website.
The RealReal Announces Upcoming Investor Conference Schedule
The RealReal (Nasdaq: REAL) announced its participation in several upcoming investor conferences in late 2025. These include the Barclays 11th Annual Eat, Sleep, Play, Shop Conference, the KeyBanc Capital Markets Consumer Conference, and the Northland Capital Growth Conference. The company, which operates the world's largest online marketplace for authenticated, resale luxury goods, will offer live webcasts for some of these events.
The RealReal (NASDAQ: REAL) to Join Three December 2025 Investor Conferences
The RealReal (NASDAQ: REAL) announced its participation in three investor conferences in December 2025: the Barclays 11th Annual Eat, Sleep, Play, Shop Conference, the KeyBanc Capital Markets Consumer Conference, and the Northland Capital Growth Conference. The company will provide live webcasts for two of these sessions, allowing investors to follow along virtually. Registration details and meeting requests are available through The RealReal's investor relations website.
