The RealReal, Inc. (REAL) — Financial statements
Income statement, balance sheet, and cash flow for The RealReal, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 693↑15.4% | 600↑9.3% | 549↓9.0% | 603↑29.0% | 468 | |
| Cost of Revenue | 209↑36.7% | 153↓11.6% | 173↓32.1% | 255↑31.2% | 194 | |
| Gross Profit | 484↑8.1% | 448↑18.9% | 376↑7.9% | 349↑27.5% | 273 | |
| Operating Expenses | ||||||
| R&D Expenses | 243↑6.7% | 228↑1.1% | 225 | 0.00↓100.0% | 212 | |
| General & Administrative Expenses | 202↑7.4% | 188↓57.4% | 441↑125.7% | 195↑10.7% | 176 | |
| Selling & Marketing Expenses | 63↑14.5% | 55↓5.2% | 58↓7.5% | 63↑0.4% | 63 | |
| SG&A Expenses | 265↑9.0% | 243↓51.3% | 499↑93.2% | 258↑8.0% | 239 | |
| Other Expenses | 0.00↓100.0% | 33↑118.3% | -182↓165.1% | 280↑657.1% | 37 | |
| Operating Expenses | 508↑0.7% | 504↓7.1% | 543↑0.9% | 538↑10.1% | 488 | |
| Total Costs & Expenses | 717↑9.1% | 657↓8.2% | 716↓9.7% | 793↑16.1% | 683 | |
| Operating Results | ||||||
| Operating Income | -24↑57.6% | -56↑66.0% | -166↑12.1% | -189↑12.0% | -215 | |
| Depreciation & Amortization | 33↓0.3% | 33↑4.4% | 32↑14.6% | 28↓35.6% | 43 | |
| EBITDA | 19↑124.3% | -79↑36.8% | -126↑20.5% | -158↑7.8% | -172 | |
| EBIT | -14↑87.8% | -113↑28.5% | -157↑15.2% | -186↑13.4% | -215 | |
| Interest & Other Income | ||||||
| Net Interest Income | -23↓74.4% | -13↓608.9% | -2↑74.0% | -7↑65.6% | -21 | |
| Interest Income | 4↓46.4% | 8↓9.8% | 9↑175.9% | 3↑774.2% | 0.37 | |
| Interest Expense | 28↑29.5% | 21↑99.8% | 11↑2.2% | 10↓51.4% | 22 | |
| Non-Operating Income | -10↓118.2% | 56↑736.5% | -9↓161.9% | -3↓766.5% | -0.39 | |
| Other Income / Expenses | -18↑77.4% | -77↓3983.9% | -2↑73.3% | -7↑66.4% | -21 | |
| Income Before Tax | -41↑69.1% | -134↑20.4% | -168↑14.3% | -196↑16.9% | -236 | |
| Income Tax Expense | 0.36↑31.5% | 0.28↓2.5% | 0.28↑64.5% | 0.17↑207.1% | 0.06 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -42↑68.9% | -134↑20.3% | -168↑14.2% | -196↑16.8% | -236 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -42↑68.9% | -134↑20.3% | -168↑14.2% | -196↑16.8% | -236 | |
| Bottom-Line Net Income | -82↑39.0% | -134↑20.3% | -168↑14.2% | -196↑16.8% | -236 | |
| EPS (Basic) | -0.36↑71.0% | -1.24↑24.4% | -1.64↑19.6% | -2.04↑21.5% | -2.60 | |
| EPS (Diluted) | -0.68↑45.2% | -1.24↑24.4% | -1.64↑19.6% | -2.04↑21.5% | -2.60 | |
| Weighted Average Shares | 287↑166.2% | 108↑6.0% | 102↑6.1% | 96↑4.9% | 91 | |
| Weighted Average Diluted Shares | 291↑170.0% | 108↑6.0% | 102↑6.1% | 96↑4.9% | 91 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.