The RealReal, Inc. (REAL)

The RealReal Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-65.26	-41.8	-134.2	-168.47	-196.45	-236.11
Depreciation & Amortization	32.72	33	33.1	31.7	27.67	23.53
Stock-Based Compensation	27.86	28.94	29.08	34.27	46.14	48.8
Other Adjustments	56.28	26.13	96.03	70.29	28.43	36.48
Change in Receivables	0.2	-12.47	0.77	-6.98	-6.12	-1.59
Changes in Inventories	-10.08	-9.47	-3.68	10.94	23.97	-29.2
Changes in Accounts Payable	0.96	1.61	0.91	-0.43	4.95	-9.99
Changes in Accrued Expenses	35.06	34.44	24.56	-4.89	0.68	44.91
Changes in Other Operating Activities	-29.34	-23.38	-19.72	-27.7	-20.82	-18.99
Operating Cash Flow	48.66	37.01	26.85	-61.27	-91.56	-142.15
Operating Cash Flow Growth	2281.64%	37.86%	-	-	-	-
Capital Expenditures	-21.4	-18.64	-14.25	-29.18	-22.86	-37.47
Purchases of Intangible Assets	-13.19	-12.89	-11.8	-12.95	-14.06	-9.97
Proceeds from Sale of Investments	-	-	-	-	-	4
Other Investing Activities	0.59	2.31	0.46	-	-	-
Investing Cash Flow	-34.01	-29.22	-25.59	-42.13	-36.92	-43.44
Long-Term Debt Issued	-	-	-	-	-	278.23
Long-Term Debt Repaid	-13.37	-26.75	-	-	-	-
Net Long-Term Debt Issued (Repaid)	-13.37	-26.75	-	-	-	278.23
Issuance of Common Stock	2.32	2.68	1.79	0.91	4.31	8.35
Repurchase of Common Stock	-0.2	-0.16	-1.65	-0.68	-0.21	-0.01
Net Common Stock Issued (Repurchased)	2.12	2.52	0.14	0.23	4.1	8.35
Other Financing Activities	-6.14	-4.64	-4.9	-	-	-33.67
Financing Cash Flow	-30.35	-28.87	-4.76	0.23	4.1	252.91
Net Cash Flow	-15.7	-21.08	-3.5	-103.17	-124.38	67.33
Free Cash Flow	27.26	18.37	12.6	-90.45	-114.42	-179.62
Free Cash Flow Growth	48.40%	45.78%	-	-	-	-
FCF Margin	3.77%	2.65%	2.10%	-16.47%	-18.96%	-38.41%
Free Cash Flow Per Share	0.23	0.16	0.12	-0.89	-1.19	-1.97
Levered Free Cash Flow	-70.72	-50.98	-113.28	-188.03	-182.87	14.92
Unlevered Free Cash Flow	-5.59	-6.58	-35.69	-186.13	-175.75	-242.17

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q