The RealReal, Inc. (REAL) quarterly income statement — complete revenue, gross profit & net income history
The RealReal, Inc. (REAL) annual income statement — 9-year revenue, gross profit & net income history
| 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 |
|---|
| Sales/Revenue | 206.12M | 192.57M | 189.72M | 194.05M | 173.57M | 165.19M | 160.03M | 164M | 147.75M | 144.93M | 143.8M | 143.37M | 133.17M | 130.85M | 141.9M | 159.66M | 142.7M | 154.44M | 146.7M | 145.13M |
| Revenue Growth % | 18.75% | 16.58% | 18.55% | 18.33% | 17.47% | 13.97% | 11.29% | 14.38% | 10.95% | 10.76% | 1.34% | -10.2% | -6.68% | -15.27% | -3.27% | 10.01% | 20.08% | 47.2% | 48.46% | 68.23% |
| Cost of Goods Sold | 51.71M | 49.37M | 56.48M | 57.01M | 44.65M | 42.51M | 40.01M | 41.93M | 37.04M | 45.57M | 36.52M | 37.32M | 39.1M | 44.68M | 51.92M | 63.05M | 56.93M | 66.75M | 68.08M | 64.5M |
| COGS % of Revenue | 25.09% | 25.64% | 29.77% | 29.38% | 25.73% | 25.74% | 25% | 25.57% | 25.07% | 31.44% | 25.4% | 26.03% | 29.36% | 34.15% | 36.59% | 39.49% | 39.89% | 43.22% | 46.41% | 44.44% |
| Gross Profit | 154.4M | 143.2M | 133.24M | 137.04M | 128.92M | 122.68M | 120.02M | 122.06M | 110.71M | 99.37M | 107.28M | 106.05M | 94.07M | 86.17M | 89.98M | 96.61M | 85.78M | 87.69M | 78.62M | 80.63M |
| Gross Margin % | 74.91% | 74.36% | 70.23% | 70.62% | 74.27% | 74.26% | 75% | 74.43% | 74.93% | 68.56% | 74.6% | 73.97% | 70.64% | 65.85% | 63.41% | 60.51% | 60.11% | 56.78% | 53.59% | 55.56% |
| Gross Profit Growth % | 19.77% | 16.73% | 11.01% | 12.27% | 16.45% | 23.46% | 11.88% | 15.1% | 17.69% | 15.31% | 19.22% | 9.77% | 9.67% | -1.73% | 14.46% | 19.82% | 20.64% | 38.28% | 34.76% | 52.65% |
| Operating Expenses | 152.93M | 145.49M | 135.51M | 130.77M | 136.47M | 132.56M | 132.79M | 127.22M | 125.31M | 118.16M | 125.22M | 127.11M | 116.56M | 127.12M | 171.78M | 134.56M | 131.31M | 138.67M | 133.32M | 126.81M |
| OpEx % of Revenue | 74.2% | 75.55% | 71.43% | 67.39% | 78.62% | 80.25% | 82.98% | 77.57% | 84.81% | 81.53% | 87.08% | 88.66% | 87.53% | 97.14% | 121.06% | 84.28% | 92.01% | 89.79% | 90.88% | 87.38% |
| Selling, General & Admin | 74.42M | 70.78M | 70.89M | 69.68M | 65.77M | 63.58M | 65.82M | 60.98M | 59.12M | 60.84M | 62.05M | 57.31M | 56.38M | 59.68M | 67.36M | 62.76M | 60.52M | 69.12M | 66.22M | 62.28M |
| SG&A % of Revenue | 36.11% | 36.75% | 37.37% | 35.91% | 37.89% | 38.49% | 41.13% | 37.19% | 40.01% | 41.98% | 43.15% | 39.97% | 42.34% | 45.61% | 47.47% | 39.31% | 42.41% | 44.76% | 45.14% | 42.92% |
| Research & Development | 70.44M | 0 | 64.63M | 61.09M | 62.49M | 60.73M | 58.6M | 57.53M | 58.1M | 57.32M | 0 | 54.23M | 53.29M | 57.61M | 60.53M | 64.39M | 0 | 0 | 0 | 57.23M |
| R&D % of Revenue | 34.17% | - | 34.06% | 31.48% | 36% | 36.76% | 36.62% | 35.08% | 39.32% | 39.55% | - | 37.83% | 40.02% | 44.03% | 42.66% | 40.33% | - | - | - | 39.44% |
| Other Operating Expenses | 1000K | 1000K | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 1.47M | -2.28M | -2.27M | 6.27M | -7.55M | -9.88M | -12.77M | -5.15M | -14.6M | -18.8M | -17.94M | -21.06M | -22.49M | -40.94M | -81.8M | -37.95M | -45.53M | -50.98M | -54.71M | -46.18M |
| Operating Margin % | 0.71% | -1.19% | -1.2% | 3.23% | -4.35% | -5.98% | -7.98% | -3.14% | -9.88% | -12.97% | -12.48% | -14.69% | -16.89% | -31.29% | -57.64% | -23.77% | -31.9% | -33.01% | -37.29% | -31.82% |
| Operating Income Growth % | 119.5% | 76.9% | 82.19% | 221.69% | 48.29% | 47.41% | 28.82% | 75.53% | 35.07% | 54.09% | 78.07% | 44.49% | 50.6% | 19.69% | -49.52% | 17.84% | 11% | 21.32% | -3.66% | 5.59% |
| EBITDA | 9.55M | 5.54M | 5.82M | 14.44M | 659K | 2.35M | -435K | 7.46M | -6.33M | -10.57M | -9.63M | -9.15M | -10.91M | -28.98M | -73.98M | -25.53M | -38.33M | -44.29M | -48.34M | -35.82M |
| EBITDA Margin % | 4.63% | 2.88% | 3.07% | 7.44% | 0.38% | 1.42% | -0.27% | 4.55% | -4.29% | -7.29% | -6.7% | -6.38% | -8.2% | -22.15% | -52.13% | -15.99% | -26.86% | -28.68% | -32.95% | -24.68% |
| EBITDA Growth % | 1348.56% | 135.44% | 1437.93% | 93.56% | 110.41% | 122.26% | 95.48% | 181.51% | 41.98% | 63.53% | 86.98% | 64.16% | 71.53% | 34.56% | -53.03% | 28.73% | 15.05% | 24.2% | -2.12% | 18.12% |
| D&A (Non-Cash Add-back) | 8.07M | 7.82M | 8.09M | 8.16M | 8.21M | 12.24M | 12.34M | 12.61M | 8.27M | 8.23M | 8.31M | 11.91M | 11.57M | 11.96M | 7.82M | 12.42M | 7.2M | 6.7M | 6.36M | 10.37M |
| EBIT | 23.6M | -19.81M | 46.27M | -31.37M | -46.94M | -4.24M | 68.81M | -62.44M | -11.92M | -10.9M | -27.28M | -18.97M | -20.23M | -38.54M | -79.75M | -36.08M | -44.52M | -50.46M | -54.75M | -46.06M |
| Net Interest Income | -6.64M | -6.42M | -6.22M | -6.3M | -6.27M | -5.93M | -4.95M | -4.25M | -4.01M | -3.51M | -1.68M | -595K | -413K | -274K | -614K | -627K | -1.67M | -2.42M | -2.57M | -6.04M |
| Interest Income | 846K | 902K | 1M | 956K | 818K | 1.11M | 1.37M | 1.67M | 1.94M | 2.26M | 2.07M | 2.09M | 2.26M | 2.4M | 2.05M | 1.83M | 1M | 260K | 98K | 116K |
| Interest Expense | 7.48M | 7.32M | 7.22M | 7.26M | 7.08M | 7.04M | 6.32M | 5.92M | 5.95M | 5.77M | 3.75M | 2.68M | 2.67M | 2.68M | 2.67M | 2.46M | 2.67M | 2.67M | 2.66M | 6.16M |
| Other Income/Expense | 14.64M | -24.85M | 41.32M | -44.9M | -46.48M | -1.39M | 75.27M | -63.2M | -3.26M | 2.12M | -13.09M | -595K | -413K | -274K | -614K | -589K | -1.67M | -2.15M | -2.71M | -6.04M |
| Pretax Income | 16.12M | -27.13M | 39.04M | -38.63M | -54.03M | -11.28M | 62.49M | -68.36M | -17.87M | -16.67M | -31.03M | -21.66M | -22.9M | -41.22M | -82.41M | -38.53M | -47.2M | -53.13M | -57.41M | -52.22M |
| Pretax Margin % | 7.82% | -14.09% | 20.58% | -19.91% | -31.13% | -6.83% | 39.05% | -41.68% | -12.09% | -11.5% | -21.58% | -15.11% | -17.2% | -31.5% | -58.08% | -24.14% | -33.07% | -34.4% | -39.14% | -35.98% |
| Income Tax | 111K | 101K | 108K | 155K | 24K | 89K | 95K | 98K | 72K | 35K | 71K | 36K | 47K | 114K | 86K | 76K | 63K | 33K | 0 | -27K |
| Effective Tax Rate % | 0.69% | -0.37% | 0.28% | -0.4% | -0.04% | -0.79% | 0.15% | -0.14% | -0.4% | -0.21% | -0.23% | -0.17% | -0.21% | -0.28% | -0.1% | -0.2% | -0.13% | -0.06% | 0% | 0.05% |
| 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 |
| Net Margin % | 7.77% | -14.14% | 20.52% | -19.99% | -31.14% | -6.88% | 38.99% | -41.74% | -12.14% | -11.53% | -21.63% | -15.13% | -17.23% | -31.58% | -58.14% | -24.18% | -33.12% | -34.43% | -39.14% | -35.97% |
| Net Income Growth % | 129.61% | -139.6% | -37.6% | 43.35% | -201.32% | 31.97% | 300.64% | -215.56% | 21.84% | 59.57% | 62.3% | 43.82% | 51.44% | 22.26% | -43.7% | 26.03% | 17.38% | 24.83% | -2.53% | -1.66% |
| Net Income (Continuing) | 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 |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.04 | -0.23 | -0.07 | -0.33 | -0.49 | -0.13 | 0.52 | -0.62 | -0.17 | -0.20 | -0.30 | -0.21 | -0.22 | -0.41 | -3.32 | -0.39 | -0.49 | -0.56 | -0.64 | -0.56 |
| EPS Growth % | 91.69% | -76.92% | -113.46% | 46.77% | -188.24% | 35% | 273.33% | -195.24% | 22.73% | 51.22% | 90.96% | 46.15% | 55.1% | 26.79% | -418.75% | 30.36% | 20.97% | 28.21% | -3.23% | 6.67% |
| EPS (Basic) | 0.13 | -0.23 | 0.33 | -0.33 | -0.47 | -0.10 | 0.56 | -0.62 | -0.16 | -0.16 | -0.30 | -0.21 | -0.22 | -0.41 | -3.32 | -0.39 | -0.49 | -0.56 | -0.64 | -0.56 |
| Diluted Shares Outstanding | 128.15M | 121.02M | 125.72M | 117.44M | 116.77M | 119.48M | 120.78M | 110.36M | 112.42M | 111.12M | 105.21M | 103.94M | 102.65M | 100.97M | 98.45M | 98.55M | 96.7M | 94.9M | 93.48M | 92.63M |
| Basic Shares Outstanding | 122.12M | 121.02M | 119.52M | 117.44M | 115.89M | 114.04M | 112.04M | 110.36M | 109.02M | 106.88M | 105.21M | 103.94M | 102.65M | 100.97M | 98.45M | 98.55M | 96.7M | 94.9M | 93.48M | 92.63M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |