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The RealReal, Inc.(REAL)Earnings, Financials & Key Ratios
REAL•NASDAQ
$12.72
$3.69B mkt cap·Price updated May 6, 2026
AboutThe RealReal, Inc. operates an online marketplace for consigned luxury goods in the United State. It offers various product categories, including women's, men's, kids', jewelry and watches, and home and art products. The company was incorporated in 2011 and is headquartered in San Francisco, California.Show more
- Revenue$693M+15.4%
- EBITDA$9M+138.8%
- Net Income-$42M+68.9%
- EPS (Diluted)-0.68+45.2%
- Gross Margin69.83%-6.3%
- EBITDA Margin1.31%+133.6%
- Operating Margin-3.45%+63.3%
- Net Margin-6.03%+73.0%
- Interest Coverage-0.50+90.6%
REAL Key Insights
The RealReal, Inc. (REAL) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 25.0%
- ✓Strong 5Y sales CAGR of 18.2%
- ✓Efficient asset utilization: 1.7x turnover
✗Weaknesses
- ✗Shares diluted 100.0% in last year
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
REAL Price & Volume
The RealReal, Inc. (REAL) stock price & volume — 10-year historical chart
Loading chart...
REAL Growth Metrics
The RealReal, Inc. (REAL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years18.23%
3 Years4.71%
TTM15.38%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM68.85%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM70.77%
Return on Capital
10 Years-112.32%
5 Years-34.37%
3 Years-30.35%
Last Year-15%
REAL Recent Earnings
The RealReal, Inc. (REAL) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 6/12 qtrs (50%)
Q1 2026Latest
Feb 26, 2026EPS
$0.06
Est $0.04
+50.0%
Revenue
$194M
Est $189M
+2.8%
Q4 2025
Nov 10, 2025EPS
$0.49
Est $0.06
-708.2%
Revenue
$174M
Est $169M
+2.7%
Q3 2025
Aug 7, 2025EPS
$0.13
Est $0.15
+13.3%
Revenue
$165M
Est $169M
-2.5%
Q2 2025
May 8, 2025EPS
$0.14
Est $0.13
-7.7%
Revenue
$160M
Est $160M
+0.2%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 26, 2026 | $0.06vs $0.04+50.0% | $194Mvs $189M+2.8% |
| Q4 2025 | Nov 10, 2025 | $0.49vs $0.06-708.2% | $174Mvs $169M+2.7% |
| Q3 2025 | Aug 7, 2025 | $0.13vs $0.15+13.3% | $165Mvs $169M-2.5% |
| Q2 2025 | May 8, 2025 | $0.14vs $0.13-7.7% | $160Mvs $160M+0.2% |
Based on last 12 quarters of dataView full earnings history →
REAL Peer Comparison
The RealReal, Inc. (REAL) competitors in Luxury Retail and Marketplaces — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 EBAY | 48.11B | 105.27 | 24.26 | 7.95% | 17.58% | 44.12% | 3.45% | 1.60 |
 ETSY | 5.97B | 62.95 | 45.29 | 2.68% | 9.94% | 10.69% | ||
 UPS | 83.33B | 98.07 | 14.95 | -2.49% | 5.94% | 32.98% | 5.72% | 1.99 |
 FDX | 85.29B | 362.75 | 21.58 | 0.27% | 4.88% | 15.76% | 3.5% | 1.33 |
 SHOP | 139.72B | 107.62 | 114.48 | 30.14% | 14.48% | 10.52% | 1.44% | 0.01 |
 PYPL | 42.76B | 46.48 | 8.59 | 4.32% | 15.78% | 25.08% | 13.01% | 0.49 |
 AFRM | 22.26B | 66.81 | 445.40 | 38.8% | 7.6% | 8.83% | 2.7% | 2.56 |
 W | 8.32B | 63.20 | -26.12 | 5.11% | -2.41% | 5.58% |
Compare REAL vs Peers
The RealReal, Inc. (REAL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
REAL Income Statement
The RealReal, Inc. (REAL) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 137.52M | 207.38M | 316.35M | 299.95M | 467.69M | 603.49M | 549.3M | 600.48M | 692.85M |
| Revenue Growth % | - | 50.8% | 52.55% | -5.19% | 55.92% | 29.04% | -8.98% | 9.32% | 15.38% |
| Cost of Goods Sold | 49.88M | 70.46M | 114.83M | 112.38M | 194.22M | 254.8M | 173.03M | 152.96M | 209.03M |
| COGS % of Revenue | 36.27% | 33.98% | 36.3% | 37.47% | 41.53% | 42.22% | 31.5% | 25.47% | 30.17% |
| Gross Profit | 87.64M▲ 0% | 136.92M▲ 56.2% | 201.52M▲ 47.2% | 187.57M▼ 6.9% | 273.48M▲ 45.8% | 348.69M▲ 27.5% | 376.28M▲ 7.9% | 447.52M▲ 18.9% | 483.82M▲ 8.1% |
| Gross Margin % | 63.73% | 66.02% | 63.7% | 62.53% | 58.47% | 57.78% | 68.5% | 74.53% | 69.83% |
| Gross Profit Growth % | - | 56.22% | 47.19% | -6.93% | 45.8% | 27.5% | 7.91% | 18.93% | 8.11% |
| Operating Expenses | 139.43M | 210.82M | 301.63M | 360.38M | 488.38M | 537.85M | 542.57M | 504.02M | 507.75M |
| OpEx % of Revenue | 101.39% | 101.66% | 95.35% | 120.15% | 104.42% | 89.12% | 98.77% | 83.94% | 73.29% |
| Selling, General & Admin | 80.75M | 105.89M | 158.4M | 196.57M | 239.17M | 258.33M | 499.11M | 242.99M | 264.84M |
| SG&A % of Revenue | 58.72% | 51.06% | 50.07% | 65.54% | 51.14% | 42.81% | 90.86% | 40.47% | 38.22% |
| Research & Development | 58.68M | 104.93M | 0 | 144.96M | 212.3M | 0 | 225.35M | 227.73M | 242.91M |
| R&D % of Revenue | 42.67% | 50.6% | - | 48.33% | 45.39% | - | 41.02% | 37.92% | 35.06% |
| Other Operating Expenses | 0 | 0 | 143.23M | 18.84M | 36.92M | 279.52M | -181.88M | 33.3M | 0 |
| Operating Income | -51.78M▲ 0% | -73.9M▼ 42.7% | -100.11M▼ 35.5% | -172.82M▼ 72.6% | -214.91M▼ 24.4% | -189.16M▲ 12.0% | -166.29M▲ 12.1% | -56.49M▲ 66.0% | -23.93M▲ 57.6% |
| Operating Margin % | -37.66% | -35.64% | -31.64% | -57.62% | -45.95% | -31.34% | -30.27% | -9.41% | -3.45% |
| Operating Income Growth % | - | -42.72% | -35.45% | -72.63% | -24.36% | 11.98% | 12.09% | 66.03% | 57.64% |
| EBITDA | -46.15M | -64.61M | -86.7M | -137.91M | -171.94M | -161.49M | -134.6M | -23.39M | 9.07M |
| EBITDA Margin % | -33.56% | -31.16% | -27.41% | -45.98% | -36.76% | -26.76% | -24.5% | -3.9% | 1.31% |
| EBITDA Growth % | - | -40.01% | -34.18% | -59.07% | -24.68% | 6.07% | 16.65% | 82.62% | 138.77% |
| D&A (Non-Cash Add-back) | 5.63M | 9.29M | 13.41M | 34.91M | 42.97M | 27.67M | 31.7M | 33.1M | 33M |
| EBIT | -51.49M | -74.51M | -97.61M | -170.47M | -214.52M | -185.8M | -157.49M | -112.54M | -13.73M |
| Net Interest Income | -407K | -106K | 3.98M | -2.75M | -21.17M | -7.28M | -1.9M | -13.44M | -23.44M |
| Interest Income | 355K | 1.05M | 4.59M | 2.52M | 365K | 3.19M | 8.8M | 7.94M | 4.26M |
| Interest Expense | 762K | 1.15M | 616K | 5.26M | 21.53M | 10.47M | 10.7M | 21.38M | 27.7M |
| Other Income/Expense | -467K | -1.76M | 1.88M | -2.92M | -21.14M | -7.11M | -1.9M | -77.43M | -17.5M |
| Pretax Income | -52.25M▲ 0% | -75.67M▼ 44.8% | -98.23M▼ 29.8% | -175.73M▼ 78.9% | -236.05M▼ 34.3% | -196.27M▲ 16.9% | -168.19M▲ 14.3% | -133.93M▲ 20.4% | -41.44M▲ 69.1% |
| Pretax Margin % | -37.99% | -36.49% | -31.05% | -58.59% | -50.47% | -32.52% | -30.62% | -22.3% | -5.98% |
| Income Tax | 57K | 99K | 199K | 101K | 56K | 172K | 283K | 276K | 363K |
| Effective Tax Rate % | -0.11% | -0.13% | -0.2% | -0.06% | -0.02% | -0.09% | -0.17% | -0.21% | -0.88% |
| Net Income | -52.31M▲ 0% | -75.77M▼ 44.8% | -98.43M▼ 29.9% | -175.83M▼ 78.6% | -236.11M▼ 34.3% | -196.44M▲ 16.8% | -168.47M▲ 14.2% | -134.2M▲ 20.3% | -41.8M▲ 68.9% |
| Net Margin % | -38.04% | -36.54% | -31.11% | -58.62% | -50.48% | -32.55% | -30.67% | -22.35% | -6.03% |
| Net Income Growth % | - | -44.84% | -29.91% | -78.64% | -34.28% | 16.8% | 14.24% | 20.34% | 68.85% |
| Net Income (Continuing) | -52.31M | -75.77M | -98.43M | -175.83M | -236.11M | -196.44M | -168.47M | -134.2M | -41.8M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.84▲ 0% | -1.21▼ 44.0% | -1.12▲ 7.4% | -2.00▼ 78.6% | -2.60▼ 30.0% | -2.04▲ 21.5% | -1.64▲ 19.6% | -1.24▲ 24.4% | -0.68▲ 45.2% |
| EPS Growth % | - | -44.05% | 7.44% | -78.57% | -30% | 21.54% | 19.61% | 24.39% | 45.16% |
| EPS (Basic) | -0.84 | -1.21 | -1.12 | -2.00 | -2.60 | -2.04 | -1.64 | -1.24 | -0.36 |
| Diluted Shares Outstanding | 62.53M | 62.53M | 85.87M | 87.59M | 91.41M | 95.92M | 101.81M | 107.88M | 291.28M |
| Basic Shares Outstanding | 62.53M | 62.53M | 85.87M | 87.59M | 91.41M | 95.92M | 101.81M | 107.88M | 287.18M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
REAL Balance Sheet
The RealReal, Inc. (REAL) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 46.88M | 89.15M | 406.76M | 421.47M | 517.81M | 372.26M | 235.95M | 232.67M | 227.49M |
| Cash & Short-Term Investments | 28.91M | 61.52M | 363.26M | 354.86M | 418.17M | 293.79M | 175.71M | 172.21M | 151.23M |
| Cash Only | 16.49M | 34.39M | 154.45M | 350.85M | 418.17M | 293.79M | 175.71M | 172.21M | 151.23M |
| Short-Term Investments | 12.42M | 27.13M | 208.81M | 4.02M | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 7M | 7.57M | 7.78M | 7.21M | 7.77M | 12.21M | 17.23M | 13.96M | 23.82M |
| Days Sales Outstanding | 18.57 | 13.33 | 8.98 | 8.78 | 6.06 | 7.38 | 11.45 | 8.49 | 12.55 |
| Inventory | 6.61M | 10.36M | 21.92M | 42.32M | 71.02M | 42.97M | 22.25M | 23.58M | 30.84M |
| Days Inventory Outstanding | 48.4 | 53.64 | 69.66 | 137.45 | 133.46 | 61.55 | 46.93 | 56.27 | 53.86 |
| Other Current Assets | 0 | 0 | 0 | 0 | 20.86M | 23.29M | 20.77M | 22.91M | 21.59M |
| Total Non-Current Assets | 29.09M | 46.27M | 58.49M | 183.64M | 237.13M | 243.38M | 210.98M | 190.43M | 181.54M |
| Property, Plant & Equipment | 23.42M | 33.29M | 55.83M | 181.59M | 234.6M | 240.63M | 190.44M | 170.16M | 160.79M |
| Fixed Asset Turnover | 5.87x | 6.23x | 5.67x | 1.65x | 1.99x | 2.51x | 2.88x | 3.53x | 4.31x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 4.17M | 11.23M | 0 | 0 | 0 | 0 | 14.91M | 14.91M | 0 |
| Other Non-Current Assets | 1.49M | 1.75M | 2.66M | 2.05M | 2.54M | 2.75M | 5.63M | 5.36M | 20.75M |
| Total Assets | 75.97M▲ 0% | 135.42M▲ 78.3% | 465.25M▲ 243.6% | 605.11M▲ 30.1% | 754.94M▲ 24.8% | 615.64M▼ 18.5% | 446.92M▼ 27.4% | 423.1M▼ 5.3% | 409.03M▼ 3.3% |
| Asset Turnover | 1.81x | 1.53x | 0.68x | 0.50x | 0.62x | 0.98x | 1.23x | 1.42x | 1.69x |
| Asset Growth % | - | 78.26% | 243.57% | 30.06% | 24.76% | -18.45% | -27.41% | -5.33% | -3.32% |
| Total Current Liabilities | 65.37M | 88.35M | 118.55M | 148.26M | 187.99M | 207.51M | 188.86M | 248.68M | 264.24M |
| Accounts Payable | 7.57M | 5.15M | 11.16M | 14.35M | 4.5M | 11.9M | 8.96M | 11M | 14.56M |
| Days Payables Outstanding | 55.37 | 26.67 | 35.47 | 46.59 | 8.46 | 17.05 | 18.9 | 26.26 | 25.43 |
| Short-Term Debt | 2.98M | 5.99M | 0 | 0 | 0 | 0 | 0 | 26.65M | 24.64M |
| Deferred Revenue (Current) | 2.13M | 3.18M | 4.77M | 1.62M | 3.39M | 3.55M | 2.21M | 0 | 0 |
| Other Current Liabilities | 19.25M | 60.51M | 36.84M | 41.9M | 147.59M | 156.18M | 145.49M | 188.18M | 225.03M |
| Current Ratio | 0.72x | 1.01x | 3.43x | 2.84x | 2.75x | 1.79x | 1.25x | 0.94x | 0.86x |
| Quick Ratio | 0.62x | 0.89x | 3.25x | 2.56x | 2.38x | 1.59x | 1.13x | 0.84x | 0.74x |
| Cash Conversion Cycle | 11.61 | 40.29 | 43.17 | 99.64 | 131.06 | 51.88 | 39.47 | 38.5 | 40.97 |
| Total Non-Current Liabilities | 187.58M | 304.75M | 9.46M | 265.56M | 493.83M | 578.22M | 561.36M | 581.79M | 560.31M |
| Long-Term Debt | 10.74M | 3.25M | 0 | 149.19M | 348.38M | 449.85M | 452.42M | 411.28M | 438.61M |
| Capital Lease Obligations | 0 | 0 | 0 | 115.08M | 143.16M | 125.12M | 104.86M | 85.79M | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 176.84M | 301.5M | 9.46M | 1.28M | 2.29M | 3.25M | 4.08M | 84.73M | 121.7M |
| Total Liabilities | 252.95M | 393.11M | 128M | 413.82M | 681.82M | 785.73M | 750.22M | 830.47M | 824.55M |
| Total Debt | 13.72M | 9.24M | 0 | 279.27M | 509.79M | 595.74M | 577.37M | 546.55M | 463.25M |
| Net Debt | -2.77M | -25.15M | -154.45M | -71.58M | 91.62M | 301.95M | 401.66M | 374.34M | 312.02M |
| Debt / Equity | - | - | - | 1.46x | 6.97x | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | 51.08x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | 34.40x |
| Interest Coverage | -67.57x | -64.68x | -158.46x | -32.38x | -9.96x | -17.74x | -14.72x | -5.26x | -0.50x |
| Total Equity | -176.99M▲ 0% | -257.69M▼ 45.6% | 337.25M▲ 230.9% | 191.29M▼ 43.3% | 73.13M▼ 61.8% | -170.09M▼ 332.6% | -303.3M▼ 78.3% | -407.38M▼ 34.3% | -415.52M▼ 2.0% |
| Equity Growth % | - | -45.6% | 230.87% | -43.28% | -61.77% | -332.59% | -78.31% | -34.31% | -2% |
| Book Value per Share | -2.83 | -4.12 | 3.93 | 2.18 | 0.80 | -1.77 | -2.98 | -3.78 | -1.43 |
| Total Shareholders' Equity | -176.99M | -257.69M | 337.25M | 191.29M | 73.13M | -170.09M | -303.3M | -407.38M | -415.52M |
| Common Stock | 0 | 0 | 1K | 1K | 1K | 1K | 1K | 1K | 1K |
| Retained Earnings | -181.57M | -257.67M | -356.19M | -532.02M | -768.13M | -951.15M | -1.12B | -1.25B | -1.3B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -6K | -25K | 7K | 11K | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
REAL Cash Flow Statement
The RealReal, Inc. (REAL) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -38.57M | -47.2M | -54.49M | -134.42M | -142.15M | -91.56M | -61.27M | 21.55M | 37.01M |
| Operating CF Margin % | -28.05% | -22.76% | -17.22% | -44.81% | -30.39% | -15.17% | -11.15% | 3.59% | 5.34% |
| Operating CF Growth % | - | -22.35% | -15.46% | -146.69% | -5.75% | 35.59% | 33.08% | 135.17% | 71.76% |
| Net Income | -52.31M | -75.77M | -96.75M | -175.83M | -236.11M | -196.44M | -168.47M | -134.2M | -41.8M |
| Depreciation & Amortization | 5.63M | 9.29M | 13.41M | 18.84M | 23.53M | 30.04M | 34.27M | 48.29M | 33M |
| Stock-Based Compensation | 1.85M | 3.76M | 8.53M | 24.32M | 48.8M | 46.14M | 34.27M | 0 | 28.94M |
| Deferred Taxes | 933K | 2.98M | 3.15M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 70K | 445K | 105K | 19.77M | 36.48M | 31.01M | 67.29M | 104.62M | 26.13M |
| Working Capital Changes | 5.24M | 12.1M | 17.06M | -21.53M | -14.86M | -2.29M | -28.63M | 2.84M | -9.26M |
| Change in Receivables | -4.21M | -1.57M | -1.58M | -337K | -1.59M | -6.12M | -6.98M | 767K | -12.47M |
| Change in Inventory | -3.91M | -3.74M | -13.24M | -20.41M | -29.2M | 23.97M | 10.94M | -3.68M | -9.47M |
| Change in Payables | -88K | -2.58M | 6.01M | 2.8M | -9.99M | 0 | 0 | 910K | 1.61M |
| Cash from Investing | -11.3M | -33.92M | -215.36M | 178M | -43.44M | -36.92M | -42.13M | -25.59M | -29.22M |
| Capital Expenditures | -14.12M | -19.12M | -34.03M | -18.25M | -37.47M | -22.86M | -29.18M | -26.05M | -18.64M |
| CapEx % of Revenue | 10.27% | 9.22% | 10.76% | 6.09% | 8.01% | 3.79% | 5.31% | 4.34% | 2.69% |
| Acquisitions | 2.52M | 5.72M | 9.27M | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -2.52M | -5.72M | -9.27M | -8.68M | -9.97M | -14.06M | -12.95M | 461K | -10.58M |
| Cash from Financing | 46.72M | 106.08M | 378.67M | 152.81M | 252.91M | 4.1M | 226K | 539K | -28.87M |
| Debt Issued (Net) | -1.25M | 9.77M | -9.25M | 166.28M | 278.23M | 0 | 0 | 0 | -26.75M |
| Equity Issued (Net) | 47.76M | 96.27M | 385.32M | 0 | 0 | -205K | -679K | 1.79M | 2.68M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | -205K | -679K | 0 | 0 |
| Other Financing | 212K | 45K | 2.6M | -13.46M | -25.32M | 4.31M | 905K | -1.25M | -4.8M |
| Net Change in Cash | -3.16M▲ 0% | 24.97M▲ 890.6% | 108.82M▲ 335.9% | 196.4M▲ 80.5% | 67.33M▼ 65.7% | -124.38M▼ 284.7% | -103.17M▲ 17.1% | -3.5M▲ 96.6% | -21.08M▼ 502.9% |
| Free Cash Flow | -52.69M▲ 0% | -66.31M▼ 25.8% | -88.52M▼ 33.5% | -161.35M▼ 82.3% | -189.59M▼ 17.5% | -114.42M▲ 39.6% | -90.44M▲ 21.0% | -4.5M▲ 95.0% | 18.37M▲ 508.1% |
| FCF Margin % | -38.32% | -31.98% | -27.98% | -53.79% | -40.54% | -18.96% | -16.47% | -0.75% | 2.65% |
| FCF Growth % | - | -25.84% | -33.49% | -82.28% | -17.5% | 39.65% | 20.95% | 95.02% | 508.13% |
| FCF per Share | -0.84 | -1.06 | -1.03 | -1.84 | -2.07 | -1.19 | -0.89 | -0.04 | 0.06 |
| FCF Conversion (FCF/Net Income) | 0.74x | 0.62x | 0.55x | 0.76x | 0.60x | 0.47x | 0.36x | -0.16x | -0.89x |
| Interest Paid | 704K | 666K | 553K | 11K | 6.58M | 8.1M | 8.13M | 0 | 0 |
| Taxes Paid | 22K | 49K | 102K | 90K | 94K | 0 | 0 | 0 | 0 |
REAL Key Ratios
The RealReal, Inc. (REAL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | -247.45% | -66.54% | -178.58% | - | - | - | - |
| Return on Invested Capital (ROIC) | - | - | -41.07% | -85.69% | -113.32% | -95.66% | -108.35% | -129.71% | - |
| Gross Margin | 63.73% | 66.02% | 63.7% | 62.53% | 58.47% | 57.78% | 68.5% | 74.53% | 69.83% |
| Net Margin | -38.04% | -36.54% | -31.11% | -58.62% | -50.48% | -32.55% | -30.67% | -22.35% | -6.03% |
| Debt / Equity | - | - | - | 1.46x | 6.97x | - | - | - | - |
| Interest Coverage | -67.57x | -64.68x | -158.46x | -32.38x | -9.96x | -17.74x | -14.72x | -5.26x | -0.50x |
| FCF Conversion | 0.74x | 0.62x | 0.55x | 0.76x | 0.60x | 0.47x | 0.36x | -0.16x | -0.89x |
| Revenue Growth | - | 50.8% | 52.55% | -5.19% | 55.92% | 29.04% | -8.98% | 9.32% | 15.38% |
REAL SEC Filings & Documents
The RealReal, Inc. (REAL) SEC filings — annual & quarterly reports (10-K, 10-Q)
REAL Frequently Asked Questions
The RealReal, Inc. (REAL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
The RealReal, Inc. (REAL) reported $692.8M in revenue for fiscal year 2025. This represents a 404% increase from $137.5M in 2017.
The RealReal, Inc. (REAL) grew revenue by 15.4% over the past year. This is strong growth.
The RealReal, Inc. (REAL) reported a net loss of $41.8M for fiscal year 2025.
Dividend & Returns
The RealReal, Inc. (REAL) generated $0.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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