The RealReal, Inc. (REAL)

NASDAQ: REAL · Real-Time Price · USD

13.02

+1.06 (8.86%)

At close: Nov 2, 2026, 4:00 PM EST

13.06

+0.04 (0.31%)

After-hours: Nov 2, 2026, 7:59 PM EST

The RealReal Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	782.45	692.85	600.48	549.3	603.49	467.69
Revenue Growth	18.05%	15.38%	9.32%	-8.98%	29.04%	55.92%
Gross Profit	584.14	516.82	447.52	376.28	348.69	273.48
Operating Income	3.09	-24.03	-55.6	-122.83	-187.27	-199.21
Net Income	-11.07	-41.8	-134.2	-168.47	-196.45	-236.11
Earnings Per Share	-0.48	-0.70	-1.24	-1.65	-2.05	-2.58
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Consignment	602.27	535.88	473.4	415.57	384.98	302.22
Direct	106.19	91.09	64.58	79.16	158.73	120.84
Shipping Services	74	65.88	62.51	54.57	59.79	44.63
Revenue (Total)	782.45	692.85	600.48	549.3	603.49	467.69

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	130.41	151.23	172.21	175.71	293.79	418.17
Total Debt	462.86	463.25	546.56	577.37	595.74	509.79
Net Cash (Debt)	-332.45	-312.02	-374.34	-401.66	-301.95	-91.62
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.77	-2.68	-3.47	-3.95	-3.15	-1.00

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	59.49	37.01	26.85	-61.27	-91.56	-142.15
Capital Expenditures	-24.85	-18.64	-14.25	-29.18	-22.86	-37.47
Free Cash Flow	34.64	18.37	12.6	-90.45	-114.42	-179.62
Free Cash Flow Growth	-	45.78%	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	74.66%	74.59%	74.53%	68.50%	57.78%	58.47%
Operating Margin	0.40%	-3.47%	-9.26%	-22.36%	-31.03%	-42.59%
Pretax Margin	-1.35%	-5.98%	-22.30%	-30.62%	-32.52%	-50.47%
Profit Margin	-1.42%	-6.03%	-22.35%	-30.67%	-32.55%	-50.48%
FCF Margin	4.43%	2.65%	2.10%	-16.46%	-18.96%	-38.41%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 3, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
P/FCF Ratio	46.87	100.25	95.17	-	-	-
PS Ratio	2.08	2.66	2.00	0.38	0.20	2.29