Q3 was another record quarter for The RealReal, with growth and profitability moving together. Thanks to our incredible team, we’re delivering strong results today while building for the future of luxury resale. Read more here: https://lnkd.in/eCZdS55b
Q3 was another record quarter for The RealReal. We delivered all-time highs across GMV, revenue, and orders, with GMV up 23% year-over-year, revenue up 19%, and Adjusted EBITDA margin expansion. Active buyers grew 13%, placing 15% more orders — our strongest order growth since 2022. We’re seeing growth and profitability move together, and we’re raising our full-year outlook. At the center of this progress is a customer who sees luxury not just as something to own, but as an asset to manage. Consumers are increasingly turning to The RealReal to discover exceptional pieces, track value, and sell when the time is right. As these behaviors evolve, our advantages continue to compound, through deeper customer relationships, stronger supply, and technology that helps us operate more efficiently and deliver a better experience. To our outstanding team, thank you for a quarter in which you delivered results while building for the future. That combination is what sets a first-class team apart. And to our consignors, buyers, and investor community, thank you for the trust you place in us every day. Proud of the progress we’re making and excited about the opportunity ahead!