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 Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
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 |
Net Income | -11.07 | -41.8 | -134.2 | -168.47 | -196.45 | -236.11 |
Depreciation & Amortization | 32.16 | 33 | 33.1 | 31.7 | 27.67 | 23.53 |
Other Amortization | 2.12 | 2.21 | 2.13 | 2.57 | 2.37 | 13.99 |
Loss (Gain) From Sale of Assets | - | - | - | - | - | 0.55 |
Asset Writedown & Restructuring Costs | - | - | - | 39.74 | - | - |
Stock-Based Compensation | 27.79 | 28.94 | 29.08 | 34.27 | 46.14 | 48.8 |
Provision & Write-off of Bad Debts | 2.48 | 2.61 | 2.5 | 1.96 | 1.68 | 1.03 |
Other Operating Activities | 15.63 | 21.31 | 91.41 | 26.01 | 24.38 | 20.91 |
Change in Accounts Receivable | -6.01 | -12.47 | 0.77 | -6.98 | -6.12 | -1.59 |
Change in Inventory | -10.81 | -9.47 | -3.68 | 10.94 | 23.97 | -29.2 |
Change in Accounts Payable | 1.19 | 1.61 | 0.91 | -0.43 | 4.95 | -9.99 |
Change in Other Net Operating Assets | 6.02 | 11.07 | 4.84 | -32.58 | -20.15 | 25.93 |
Operating Cash Flow | 59.49 | 37.01 | 26.85 | -61.27 | -91.56 | -142.15 |
Operating Cash Flow Growth | 284.19% | 37.86% | - | - | - | - |
Investing Activities
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 |
Capital Expenditures | -24.85 | -18.64 | -14.25 | -29.18 | -22.86 | -37.47 |
Sale (Purchase) of Intangibles | -14.12 | -12.89 | -11.8 | -12.95 | -14.06 | -9.97 |
Investment in Securities | - | - | - | - | - | 4 |
Other Investing Activities | - | 2.31 | 0.46 | - | - | - |
Investing Cash Flow | -38.97 | -29.22 | -25.59 | -42.13 | -36.92 | -43.44 |
Financing Activities
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 |
Long-Term Debt Issued | - | - | - | - | - | 278.23 |
Long-Term Debt Repaid | - | -26.75 | - | - | - | - |
Net Debt Issued (Repaid) | - | -26.75 | - | - | - | 278.23 |
Issuance of Common Stock | 2.87 | 2.68 | 1.79 | 0.91 | 4.31 | 8.35 |
Repurchase of Common Stock | -0.16 | -0.16 | -1.65 | -0.68 | -0.21 | -0.01 |
Other Financing Activities | -1.34 | -4.64 | -4.9 | - | - | -33.67 |
Financing Cash Flow | 1.38 | -28.87 | -4.76 | 0.23 | 4.1 | 252.91 |
Net Cash Flow
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 |
Net Cash Flow | 21.9 | -21.08 | -3.5 | -103.17 | -124.38 | 67.33 |
Free Cash Flow
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 |
Free Cash Flow | 34.64 | 18.37 | 12.6 | -90.45 | -114.42 | -179.62 |
Free Cash Flow Growth | - | 45.78% | - | - | - | - |
Free Cash Flow Margin | 4.43% | 2.65% | 2.10% | -16.46% | -18.96% | -38.41% |
Free Cash Flow Per Share | 0.29 | 0.16 | 0.12 | -0.89 | -1.19 | -1.97 |
Levered Free Cash Flow | 28.65 | 24.89 | 20.35 | -56.79 | -46.15 | -95.64 |
Unlevered Free Cash Flow | 44.84 | 40 | 31.59 | -52.67 | -41.98 | -96.17 |
Additional Metrics
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 |
Cash Interest Paid | 20.89 | 17.46 | 10.68 | 8.13 | 8.1 | 6.58 |
Cash Income Tax Paid | 0.4 | 0.33 | 0.2 | 0.23 | 0.26 | 0.09 |
Change in Working Capital | -9.61 | -9.26 | 2.84 | -29.05 | 2.65 | -14.86 |