The RealReal, Inc. (REAL) quarterly cash flow statement — complete operating, investing & financing history
The RealReal, Inc. (REAL) cash flow statement — 9-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 24.98M | 1.61M | -16.62M | 49.52M | 19.33M | -8.57M | -28.27M | 27.99M | 9.07M | -6.75M | -3.47M | 10.52M | -10.93M | -30.43M | -30.43M | 3.7M | -7.35M | -38.55M | -49.35M | -18.76M |
| Operating CF Margin % | 12.12% | 0.84% | -8.76% | 25.52% | 11.14% | -5.19% | -17.67% | 17.07% | 6.14% | -4.66% | -2.41% | 7.34% | -8.21% | -23.25% | -21.45% | 2.32% | -5.15% | -24.96% | -33.64% | -12.93% |
| Operating CF Growth % | 29.21% | 118.84% | 41.2% | 76.89% | 113.05% | -26.95% | -715.46% | 166.03% | 182.99% | 77.8% | 88.61% | 184.56% | -48.73% | 21.08% | 38.34% | 119.71% | 79.04% | 4.83% | -3.23% | 51.14% |
| Net Income | 16.01M | -27.23M | 38.94M | -38.78M | -54.05M | -11.37M | 62.4M | -68.45M | -17.94M | -16.71M | -31.1M | -21.69M | -22.95M | -41.33M | -82.5M | -38.61M | -47.26M | -53.16M | -57.41M | -52.2M |
| Depreciation & Amortization | 8.07M | 7.82M | 8.09M | 8.16M | 8.21M | 12.24M | 12.34M | 12.61M | 8.27M | 8.23M | 8.89M | 8.82M | 7.74M | 8.61M | 7.82M | 7.84M | 7.84M | 7.35M | 6.36M | 5.69M |
| Stock-Based Compensation | 7.17M | 7.58M | 6.27M | 6.77M | 6.61M | 0 | 0 | 6.5M | 7.76M | 7.7M | 7.12M | 7.98M | 8.54M | 8.77M | 8.99M | 9.12M | 10.84M | 13.66M | 12.51M | 12.48M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -18.02M | 31.73M | -44.52M | 51.04M | 42.43M | 6.81M | -71.54M | 65.76M | 910K | 5.42M | 17.27M | 11.6M | 7.59M | 10.67M | 43.4M | 8.4M | 7.51M | 5.52M | 8.19M | 8.77M |
| Working Capital Changes | 11.74M | -18.28M | -25.41M | 22.33M | 16.13M | -16.26M | -31.47M | 11.58M | 10.07M | -11.4M | -5.65M | 3.81M | -11.85M | -17.14M | -8.15M | 16.95M | 13.71M | -11.91M | -19.01M | 6.49M |
| Change in Receivables | -8.38M | 4.2M | -1.79M | -42K | -2.41M | 4.44M | -14.46M | 1.34M | -101K | 2.55M | -3.02M | -4.06M | -8.11M | 2.57M | 2.62M | -4M | -2.84M | 1.32M | -602K | -1.39M |
| Change in Inventory | -3.28M | -2.38M | -4.02M | -1.13M | -1.67M | -3.26M | -3.41M | -3.77M | 725K | -606K | -23K | 1.46M | -1.06M | 1.85M | 8.68M | 17.73M | 10.21M | 527K | -4.49M | -7.14M |
| Change in Payables | 501K | -1.39M | 1.13M | 950K | -1.69M | 574K | 1.78M | 0 | 0 | 2.68M | 0 | 0 | -3.31M | 0 | -1.39M | 0 | 0 | 0 | 2.03M | -3.77M |
| Cash from Investing | -13.71M | -7.7M | -10.64M | -6.92M | -5.61M | -10.83M | -5.86M | -8.83M | -6.48M | -4.96M | -5.32M | -6.73M | -8.12M | -11.36M | -15.92M | -10.67M | -10.04M | -7.77M | -8.45M | -9.68M |
| Capital Expenditures | -13.71M | -4.03M | -7.47M | -3.69M | -2.44M | -11.42M | -7.58M | -5.08M | -4.03M | -3M | -2.14M | -3.65M | -5.76M | -8.06M | -11.71M | -6.45M | -6.81M | -4.46M | -5.14M | -7.17M |
| CapEx % of Revenue | 6.65% | 2.09% | 3.94% | 1.9% | 1.4% | 6.92% | 4.74% | 3.1% | 2.72% | 2.07% | 1.49% | 2.55% | 4.33% | 6.16% | 8.25% | 4.04% | 4.77% | 2.89% | 3.51% | 4.94% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -3.67M | -3.17M | -3.23M | -3.17M | 590K | 1.72M | -3.75M | -2.45M | -1.96M | -3.18M | -3.08M | -2.36M | -3.3M | -4.21M | -4.21M | -3.23M | -3.32M | -3.3M | -2.51M |
| Cash from Financing | 5K | 1.23M | -16K | 158K | 359K | -25.85M | 1.47M | -132K | -162K | -3.54M | -929K | 262K | -74K | 333K | -295K | 323K | 1.94M | 1.21M | 637K | 1.8M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | -26.75M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 14K | 227K | 81K | 1.53M | 0 | 928K | 24K | -1.18M | -103K | 0 | -305K | -178K | 0 | -116K | 0 | -177K | -5K | -23K | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.18M | -103K | 0 | -305K | -178K | 0 | -116K | 0 | -177K | -5K | -23K | 0 | 0 |
| Other Financing | -9K | 1.01M | -97K | -1.38M | 359K | -29K | 1.45M | 1.05M | -59K | -3.54M | -624K | 440K | -74K | 449K | -295K | 500K | 1.94M | 1.23M | 637K | 1.8M |
| Net Change in Cash | 11.27M | -4.85M | -27.28M | 42.76M | 14.08M | -45.26M | -32.61M | 19.03M | 2.43M | -15.25M | -9.72M | 4.05M | -19.13M | -41.45M | -46.65M | -6.65M | -15.45M | -45.12M | -57.16M | -26.64M |
| Free Cash Flow | 11.27M | -2.42M | -24.09M | 42.97M | 13.72M | -20M | -35.85M | 22.91M | 5.05M | -11.71M | -5.61M | 6.87M | -19.05M | -38.48M | -46.35M | -2.75M | -14.16M | -43.01M | -57.8M | -28.44M |
| FCF Margin % | 5.47% | -1.25% | -12.7% | 22.14% | 7.9% | -12.11% | -22.4% | 13.97% | 3.42% | -8.08% | -3.9% | 4.79% | -14.31% | -29.41% | -32.66% | -1.73% | -9.92% | -27.85% | -39.4% | -19.6% |
| FCF Growth % | -17.86% | 87.92% | 32.79% | 87.51% | 171.81% | -70.72% | -539.27% | 233.34% | 126.49% | 69.56% | 87.9% | 349.51% | -34.56% | 10.52% | 19.81% | 90.31% | 68.34% | 25.39% | -2.96% | 33.87% |
| FCF per Share | 0.09 | -0.02 | -0.19 | 0.37 | 0.12 | -0.17 | -0.30 | 0.21 | 0.04 | -0.11 | -0.05 | 0.07 | -0.19 | -0.38 | -0.47 | -0.03 | -0.15 | -0.45 | -0.62 | -0.31 |
| FCF Conversion (FCF/Net Income) | 1.56x | -0.06x | -0.43x | -1.28x | -0.36x | 0.75x | -0.45x | -0.41x | -0.51x | 0.40x | 0.11x | -0.49x | 0.48x | 0.74x | 0.37x | -0.10x | 0.16x | 0.73x | 0.86x | 0.36x |
| Interest Paid | 10.49M | -10.36M | 10.36M | 20K | 10.49M | 0 | 6.53M | 520K | 7.39M | 417K | 2.35M | 2.6M | 1.46M | 2.61M | 1.46M | 2.61M | 1.45M | 2.6M | 1.45M | 2.6M |
| Taxes Paid | 0 | -9K | 9K | 0 | -4K | 0 | 6K | 0 | 0 | 190K | 0 | 0 | 5K | 0 | 4K | 0 | 0 | 0 | 3K | 0 |