TheRealReal, Inc.
REALNasdaq
$11.21
↓ -1.7%Jul 17 close · end-of-day
Price
1Y↑ +114.8%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$1.4B
Enterprise Value
$1.3B
P/E
—
P/S
2.0
P/B
—
EV/EBITDA
66.6
PEG
—
FCF Yield
1.9%
Dividend Yield
—
Revenue (TTM)
$722.5M
Net Income (TTM)
$41.8B
Free Cash Flow (TTM)
$27.3M
Gross Margin
74.5%
Operating Margin
-1.9%
Net Margin
5781.9%
ROE
-11624.6%
ROIC
—
Debt / Equity
—
Net Cash
$124.0M
Return 1Y
+98.8%
Company profile
The RealReal, Inc. operates an online marketplace for consigned luxury goods in the United States. It offers various product categories, including women's, men's, kids' jewelry and watches. The company was incorporated in 2011 and is headquartered in San Francisco, California.
- CEO
- Robert K. Julian
- Sector
- Retail Trade
- Industry
- Retail
- Employees
- 3,470
- Headquarters
- California
- Website
- therealreal.com
Management & directors
- Friang Luke ThomasChief Product & Tech Officer
- Lo Steve MingChief Accounting Officer
- Madan Gopal AjayChief Financial Officer
- Sahi Levesque RatiChief Executive Officer
- Suko Todd AChief Legal Officer and Secret
- Lynch Chatelle AileenChief People Officer
Roles derived from SEC Form 4 filings.
Earnings
REAL Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$189.7M↑ +18.5%
Diluted EPS-$0.07↓ -50.0%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $299.9M | $467.7M | $603.5M | $549.3M | $600.5M | $692.8M |
| Gross profit | $187.6M | $273.5M | $348.7M | $376.3M | $447.5M | $516.8M |
| Operating income | -$172.8M | -$214.9M | -$189.2M | -$166.3M | -$56.5M | -$23.9M |
| Net income | -$175.8M | $236.1B | $196.4B | $168.5B | $134.2B | $41.8B |
| Diluted EPS | -$2.01 | -$2.58 | -$2.05 | -$1.65 | -$1.24 | -$0.70 |
| Operating cash flow | -$134.4M | -$142.2M | -$91.6M | -$61.3M | $26.8M | $37.0M |
| Free cash flow | -$152.7M | -$179.6M | -$114.4M | -$90.4M | $12.6M | $18.4M |
| Gross margin | 62.5% | 58.5% | 57.8% | 68.5% | 74.5% | 74.6% |
| Operating margin | -57.6% | -46.0% | -31.3% | -30.3% | -9.4% | -3.5% |
| Net margin | -58.6% | 50483.4% | 32551.3% | 30670.1% | 22349.0% | 6033.0% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $144.9M | $147.8M | $164.0M | $160.0M | $165.2M | $173.6M | $194.1M | $189.7M |
| Gross profit | $107.5M | $110.7M | $122.1M | $120.0M | $122.7M | $128.9M | $145.2M | $141.3M |
| Operating income | -$18.8M | -$14.6M | -$5.2M | -$12.8M | -$9.9M | -$7.5M | $6.3M | -$2.3M |
| Net income | -$16.7M | -$17.9M | $134.3B | $62.4M | -$11.4M | -$54.1M | $41.8B | $38.9M |
| Diluted EPS | -$0.20 | -$0.17 | -$0.57 | -$0.14 | -$0.13 | -$0.49 | $0.06 | -$0.07 |
| Operating cash flow | -$6.8M | $9.1M | $28.0M | -$28.3M | -$3.6M | $19.3M | $49.5M | -$16.6M |
| Free cash flow | -$9.8M | $5.0M | $22.9M | -$33.0M | -$11.4M | $16.9M | $45.8M | -$24.1M |
| Gross margin | 74.1% | 74.9% | 74.4% | 75.0% | 74.3% | 74.3% | 74.8% | 74.5% |
| Operating margin | -13.0% | -9.9% | -3.1% | -8.0% | -6.0% | -4.3% | 3.2% | -1.2% |
| Net margin | -11.5% | -12.1% | 81873.1% | 39.0% | -6.9% | -31.1% | 21541.8% | 20.5% |
Company news
Jul 16, 2026
May 30, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-30 | McCaffrey Mark | Award | 742 | $0.00 | $0.00 | filing |
| 2026-06-30 | KATZ KAREN | Award | 1,378 | $0.00 | $0.00 | filing |
| 2026-05-21 | Sahi Levesque Rati· Chief Executive Officer | Sale | 53,994 | $9.25 | $499,444.50 | filing |
| 2026-05-21 | Madan Gopal Ajay· Chief Financial Officer | Sale | 22,678 | $9.25 | $209,771.50 | filing |
| 2026-05-21 | Sahi Levesque Rati· Chief Executive Officer | Sale | 19,438 | $9.25 | $179,801.50 | filing |
| 2026-05-21 | Suko Todd A· Chief Legal Officer and Secret | Sale | 10,762 | $9.25 | $99,548.50 | filing |
| 2026-05-21 | Lo Steve Ming· Chief Accounting Officer | Sale | 8,640 | $9.25 | $79,920.00 | filing |
| 2026-05-21 | Friang Luke Thomas· Chief Product & Tech Officer | Sale | 8,202 | $9.25 | $75,868.50 | filing |
| 2026-05-21 | Friang Luke Thomas· Chief Product & Tech Officer | Sale | 8,202 | $9.25 | $75,868.50 | filing |
| 2026-05-21 | Friang Luke Thomas· Chief Product & Tech Officer | Sale | 8,159 | $9.25 | $75,470.75 | filing |
| 2026-05-21 | Friang Luke Thomas· Chief Product & Tech Officer | Sale | 8,159 | $9.25 | $75,470.75 | filing |
| 2026-05-21 | Sahi Levesque Rati· Chief Executive Officer | Sale | 7,762 | $9.25 | $71,798.50 | filing |
| 2026-05-21 | Madan Gopal Ajay· Chief Financial Officer | Sale | 7,758 | $9.25 | $71,761.50 | filing |
| 2026-05-21 | Madan Gopal Ajay· Chief Financial Officer | Sale | 4,587 | $9.25 | $42,429.75 | filing |
| 2026-05-21 | Suko Todd A· Chief Legal Officer and Secret | Sale | 4,142 | $9.25 | $38,313.50 | filing |
| 2026-05-21 | Suko Todd A· Chief Legal Officer and Secret | Sale | 2,449 | $9.25 | $22,653.25 | filing |
| 2026-05-21 | Friang Luke Thomas· Chief Product & Tech Officer | Sale | 2,417 | $9.25 | $22,357.25 | filing |
| 2026-05-21 | Friang Luke Thomas· Chief Product & Tech Officer | Sale | 2,417 | $9.25 | $22,357.25 | filing |
| 2026-05-21 | Friang Luke Thomas· Chief Product & Tech Officer | Sale | 2,405 | $9.25 | $22,246.25 | filing |
| 2026-05-21 | Friang Luke Thomas· Chief Product & Tech Officer | Sale | 2,405 | $9.25 | $22,246.25 | filing |
| 2026-05-21 | Lo Steve Ming· Chief Accounting Officer | Sale | 2,084 | $9.25 | $19,277.00 | filing |
| 2026-05-21 | Lo Steve Ming· Chief Accounting Officer | Sale | 1,353 | $9.25 | $12,515.25 | filing |
| 2026-04-13 | Lo Steve Ming· Chief Accounting Officer | Award | 31,310 | $0.00 | $0.00 | filing |
| 2026-04-13 | McKeehan Jennifer | Award | 4,247 | $0.00 | $0.00 | filing |
| 2026-03-31 | McCaffrey Mark | Award | 963 | $0.00 | $0.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.