The RealReal, Inc. (REAL)
NASDAQ: REAL · Real-Time Price · USD
12.28
-0.02 (-0.16%)
Aug 10, 2026, 2:22 PM EDT - Market open

The RealReal Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
749.91692.85600.48549.3603.49467.69
Revenue Growth
17.73%15.38%9.32%-8.98%29.04%55.92%
Gross Profit
558.66516.82447.52376.28348.69273.48
Operating Income
-5.84-23.93-56.5-166.29-189.16-214.91
Net Income
-81.13-41.8-134.2-168.47-196.45-236.11
Earnings Per Share
-1.12-0.70-1.24-1.65-2.05-2.58
EPS Growth
------

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Consignment
577.55535.88473.4415.57384.98302.22
Direct
101.7491.0964.5879.16158.73120.84
Shipping Services
70.6265.8862.5154.5759.7944.63
Revenue (Total)
749.91692.85600.48549.3603.49467.69

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
119.13151.23172.21175.71293.79418.17
Total Debt
463.31463.25546.56577.37595.74509.79
Net Cash (Debt)
-344.18-312.02-374.34-401.66-301.95-91.62
Net Cash Growth
------
Net Cash Per Share
-2.86-2.68-3.47-3.95-3.15-1.00

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
53.8437.0126.85-61.27-91.56-142.15
Capital Expenditures
-17.63-18.64-14.25-29.18-22.86-37.47
Free Cash Flow
36.2118.3712.6-90.45-114.42-179.62
Free Cash Flow Growth
-45.78%----

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
74.50%74.59%74.53%68.50%57.78%58.47%
Operating Margin
-0.78%-3.45%-9.41%-30.27%-31.34%-45.95%
Pretax Margin
-10.77%-5.98%-22.30%-30.62%-32.52%-50.47%
Profit Margin
-10.82%-6.03%-22.35%-30.67%-32.55%-50.48%
FCF Margin
4.83%2.65%2.10%-16.47%-18.96%-38.41%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
P/FCF Ratio
41.29101.6696.51---
PS Ratio
1.992.692.020.380.212.31