The RealReal, Inc. (REAL) Revenue History
Annual and quarterly revenue from 2017 to 2025
Compound Annual Growth Rate (CAGR)
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REAL Revenue Growth
Revenue Breakdown (FY 2025)
REAL's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
REAL Revenue Analysis (2017–2025)
As of May 8, 2026, The RealReal, Inc. (REAL) generated trailing twelve-month (TTM) revenue of $722.5 million, reflecting strong growth of +18.5% year-over-year. The most recent quarter (Q1 2026) recorded $189.7 million in revenue, down 2.2% sequentially.
Looking at the longer-term picture, REAL's 5-year compound annual growth rate (CAGR) stands at +18.2%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $692.8 million in 2025, representing a new all-time high.
Revenue diversification analysis shows REAL's business is primarily driven by Service (77%), Product (13%), and Shipping and Handling (10%). With over half of revenue concentrated in Service, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Cyclical sector peers including EBAY (+12.5% YoY), ETSY (+3.2% YoY), and UPS (-2.7% YoY), REAL has underperformed the peer group in terms of revenue growth. Compare REAL vs EBAY →
REAL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| REALCurrent | $723M | +18.5% | +18.2% | -3.5% | |
 EBAY | $11.1B | +12.5% | +4.5% | 20.5% | |
 ETSY | $2.9B | +3.2% | +10.8% | 12.8% | |
 UPS | $88.6B | -2.7% | +1.0% | 9.6% | |
 FDX | $87.9B | +4.7% | +4.9% | 6.9% | |
 SHOP | $11.6B | +31.8% | +31.6% | 12.7% |
REAL Historical Revenue Data (2017–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $692.8M | +15.4% | $483.8M | 69.8% | $-23,934,000 | -3.5% |
| 2024 | $600.5M | +9.3% | $447.5M | 74.5% | $-56,495,000 | -9.4% |
| 2023 | $549.3M | -9.0% | $376.3M | 68.5% | $-166,293,000 | -30.3% |
| 2022 | $603.5M | +29.0% | $348.7M | 57.8% | $-189,163,000 | -31.3% |
| 2021 | $467.7M | +55.9% | $273.5M | 58.5% | $-214,908,000 | -46.0% |
| 2020 | $299.9M | -5.2% | $187.6M | 62.5% | $-172,816,000 | -57.6% |
| 2019 | $316.4M | +52.6% | $201.5M | 63.7% | $-100,105,000 | -31.6% |
| 2018 | $207.4M | +50.8% | $136.9M | 66.0% | $-73,904,000 | -35.6% |
| 2017 | $137.5M | - | $87.6M | 63.7% | $-51,784,000 | -37.7% |
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Start ComparisonREAL — Frequently Asked Questions
Quick answers to the most common questions about buying REAL stock.
Is REAL's revenue growth accelerating or slowing?
REAL revenue is accelerating at +18.5% year-over-year, exceeding the 5-year CAGR of +18.2%. TTM revenue reached $723M. Growth momentum has increased versus prior periods.
What is REAL's long-term revenue growth rate?
The RealReal, Inc.'s 5-year revenue CAGR of +18.2% reflects the sustained expansion pattern. Current YoY growth of +18.5% is above this long-term average.
How is REAL's revenue distributed by segment?
REAL reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2017-2025 are available for download. Segment mix reveals concentration and diversification trends.