Financials in USD. Standardized financial statements.
A compact view of how The RealReal, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $692.85M | $600.48M | $549.30M | $603.49M | $467.69M | $299.95M | $316.35M | $207.38M | $137.52M |
| Revenue Growth? | +15.4% | +9.3% | -9.0% | +29.0% | +55.9% | -5.2% | +52.6% | +50.8% | 0.0% |
| Cost of Revenue? | $209.03M | $152.96M | $173.03M | $254.80M | $194.22M | $112.38M | $114.83M | $70.46M | $49.88M |
| Gross Profit? | $483.82M | $447.52M | $376.28M | $348.69M | $273.48M | $187.57M | $201.52M | $136.92M | $87.64M |
| Gross Margin? | +69.8% | +74.5% | +68.5% | +57.8% | +58.5% | +62.5% | +63.7% | +66.0% | +63.7% |
| Operating Expenses? | $507.75M | $504.02M | $542.57M | $537.85M | $488.38M | $360.38M | $301.63M | $210.82M | $139.43M |
| Operating Income? | -$23.93M | -$56.49M | -$166.29M | -$189.16M | -$214.91M | -$172.82M | -$100.11M | -$73.90M | -$51.78M |
| EBITDA? | $19.27M | -$79.44M | -$125.79M | -$158.13M | -$171.55M | -$135.56M | -$84.21M | -$65.22M | -$45.85M |
| Income Before Tax | -$41.44M | -$133.93M | -$168.19M | -$196.27M | -$236.05M | -$175.73M | -$98.23M | -$75.67M | -$52.25M |
| Income Tax Expense | $363,000 | $276,000 | $283,000 | $172,000 | $56,000 | $101,000 | $199,000 | $99,000 | $57,000 |
| Net Income? | -$41.80M | -$134.20M | -$168.47M | -$196.44M | -$236.11M | -$175.83M | -$98.43M | -$75.77M | -$52.31M |
| EPS? | $-0.36 | $-1.24 | $-1.64 | $-2.04 | $-2.60 | $-2.00 | $-1.12 | $-1.21 | $-0.84 |
| Diluted EPS? | $-0.68 | $-1.24 | $-1.64 | $-2.04 | $-2.60 | $-2.00 | $-1.12 | $-1.21 | $-0.84 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality