The RealReal’s First Half: 12% Sales Rise and Solid Profit Gains
The company, the largest online platform for authenticated second-hand luxury goods, has closed the second quarter with record sales figures to date, raising its forecasts for the year.
The RealReal consolidates its business. The U.S.-based online retailer of authenticated pre-owned luxury goods reaches the halfway point of the year on the upswing. The company has raised both its revenue and profit to double digits at the end of the first half of the year, driven by record sales in its second quarter.
Specifically, the company closed the half-year (period ended June 30th) with a turnover of $325.2 million, 12.8% more than in the same period of 2024. Gross profit, meanwhile, increased by a further 13% to $242.7 million.
“We are registering a key moment, not only as a company, but as an industry leader,“ celebrated Rati Levesque, CEO of The RealReal at the presentation of the company’s results. The executive has deepened this idea, assuring that the company is “leading” a cultural change towards greater acceptance of the luxury second-hand goods market.
The RealReal has posted a record turnover in a quarter in its history
The U.S. platform, in fact, has scored its best turnover in a quarter since its founding in 2011. Specifically, at the close of the second quarter of the fiscal year, The RealReal has accumulated sales of $165 million, 14% more than the same period in 2024.
These good results have kept the company in profit for the second consecutive quarter. At the close of the first half, the platform had earned $51 million, compared to the $47 million it lost in the previous year to June. These gains consolidate those already posted by The RealReal in the first quarter, when the company went from losing $31.1 million to a profit of $62.4 million.
Looking ahead to year-end, The RealReal has raised its growth outlook for 2025 to between $667 million and $674 million in revenues. In the third quarter alone, the company expects to post a turnover of between $167 million and $170 million.