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Saturday 17 October 2026 Export REAL’s income statement to Excel — free account

The RealReal, Inc.

REAL Consumer Cyclical Luxury Goods

The RealReal, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $692.8 million, up 15.4% from fiscal 2024. In the quarter to June 2026, revenue grew 16.6%, EPS fell 130.0%, free cash flow grew 59.4% and total debt was flat, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years.

10.39 0.15 −1.42%
Market cap
$1.3B
P/E
0.0×
Fwd P/E
35.9×
Dividend yield
—
F-score
6/9
Altman Z
−1.72
Beneish M
−2.83
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 115.06
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 11 1 — 5 1 — 5 — — 5 — —
Insider Ownership 8.55%

Capital & Financial Ratios $m

Market Cap 1,280.00
Revenue 749.91
Net Income (81.13)
Free Cash Flow 22.97
Net Debt 256.68
Current Ratio 0.83 (below 1: weak)
Debt/Equity (0.99) (negative: negative equity)
P/E ratio 0.00
Fwd P/E 35.90 (above 35: high)
P/S ratio 1.68
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth 181.62% (at or above 15%: strong)
Next Y EPS Growth 151.27% (at or above 15%: strong)
Next Y revenue growth 14.82% (at or above 10%: strong)
Next 5Y EPS Growth 53.50% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 2.1×, against a ten-year median of 1.6×; over the ten years it ranged from 0.3× in 2019 to 6.8× in 2021.
P/S against its own 10 years 55.97%
10-year low 10-year high
EV/Sales against its own 10 years 59.81%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2018 Powerpack
2017 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 176 172 151 119
Receivables 17 14 24 20
Inventory 22 24 31 35
Other — — — —
236 233 227 193
2023 2024 2025 Q'26
Payables 9 11 15 15
ST’ Debt — 27 — —
Other — — — —
189 249 264 233

Compound Annual Growth %

10y 5y 3y
Sales — 18.23% 4.71%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 0.00%

Revenue $m

Mar Jun Sep Dec Year
’26 190 193 — — —
’25 160 165 174 194 693
’24 144 145 148 164 600
’23 142 131 133 143 549
’22 147 154 143 160 603
’21 99 105 119 145 468
’20 78 57 78 87 300
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (17) 2 — — —
’25 (28) (4) 19 50 37
’24 (3) (7) 9 28 27
’23 (30) (30) (11) 11 (61)
’22 (49) (39) (7) 4 (92)
’21 (48) (41) (35) (19) (142)
’20 (55) (32) (9) (38) (134)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (27) (6) — — —
’25 (36) (15) 14 43 5
’24 (9) (12) 2 19 1
’23 (46) (42) (19) 4 (103)
’22 (58) (46) (17) (7) (128)
’21 (56) (58) (47) (28) (190)
’20 (63) (38) (17) (43) (161)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.31 (0.23) — — —
’25 0.52 (0.10) (0.49) (0.33) (0.36)
’24 (0.30) (0.15) (0.17) (0.62) (1.24)
’23 (0.83) (0.41) (0.22) (0.21) (1.65)
’22 (0.61) (0.56) (0.49) (0.39) (2.05)
’21 (0.62) (0.78) (0.62) (0.56) (2.58)
’20 (0.44) (0.49) (0.49) (0.60) (2.03)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.4
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — 12.58 5.00 9.75 1.04 1.00 1.52 4.61

Analyst estimates 2026–2028

Powerpack
High — — — 30.05 22.03 30.22 12.91 2.94 11.38 16.74
People
People Employees — — 1,700 2,353 2,604 3,355 3,468 3,032 3,011 3,140
Revenue/emp, $m — 0.00 0.13 0.13 0.12 0.14 0.17 0.18 0.20 0.22
Income, $m
Income, $m Revenue — 138 214 316 300 468 603 549 600 693
Gross margin, % — 63.73 64.06 63.70 62.53 58.47 57.78 68.50 74.53 74.59
EBT — (52) (76) (98) (176) (236) (196) (168) (134) (41)
EBT margin, % — (37.99) (35.40) (31.05) (58.59) (50.47) (32.52) (30.62) (22.30) (5.98)
Net income — (52) (76) (98) (176) (236) (196) (168) (134) (42)
Depreciation — 6 9 13 37 57 50 51 50 51
Per share, $
Per share, $ Revenue — 16.88 25.55 6.66 3.42 5.12 6.29 5.40 5.57 6.03
Earnings — (6.42) (9.06) (2.11) (2.03) (2.58) (2.05) (1.65) (1.24) (0.36)
Cash flow — (4.74) (5.64) (1.15) (1.53) (1.56) (0.95) (0.60) 0.25 0.32
Capex — (1.73) (2.29) (0.72) (0.31) (0.52) (0.38) (0.41) (0.24) (0.27)
Free cash flow — (6.47) (7.93) (1.86) (1.84) (2.07) (1.34) (1.02) 0.01 0.05
Book value — 0.00 (30.81) 7.10 2.18 0.80 (1.77) (2.98) (3.78) (3.62)
Shares, m — 8 8 47 88 91 96 102 108 115
Valuation, ×
Valuation, × P/E — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
P/S — 0.00 0.00 2.83 5.71 2.27 0.17 0.37 1.96 2.62
P/B — 0.00 0.00 2.65 8.95 14.51 0.00 0.00 0.00 0.00
EV/Sales — 0.00 0.00 1.71 5.07 2.16 0.47 0.91 2.41 2.97
EV/FCF — (2.11) (2.11) (6.12) (9.43) (5.33) (2.19) (4.81) 1,810.56 376.11
Cash, $m
Cash, $m Operating cash flow — (39) (47) (54) (134) (142) (92) (61) 27 37
Capex — (14) (19) (34) (27) (47) (37) (42) (26) (32)
Free cash flow — (53) (66) (89) (161) (190) (128) (103) 1 5
Balance, $m
Balance, $m Working capital — (18) 1 288 273 330 165 47 (16) (37)
Total debt — 14 9 — 164 367 471 452 438 372
Net debt — (15) (52) (363) (191) (52) 177 277 266 221
Shareholders’ equity — — (258) 337 191 73 (170) (303) (407) (416)
Returns, %
Returns, % ROA — (51.96) (125.08) (33.89) (32.85) (34.72) (28.67) (31.71) (30.85) (10.05)
ROIC — 0.00 0.00 0.00 (17,505.67) (622.13) (1,754.37) 0.00 0.00 0.00
ROE — 25.27 38.97 (255.88) (66.54) (178.58) 405.19 71.18 37.77 10.16
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

The RealReal, Inc. vs peers in Luxury Goods (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
TPR Tapestry, Inc. $23.8B 15.9× 18.6× +8.90% (above 0%: growing) n/m −12.54% (below 0%: shrinking) 83.32% 23.57% Compare
SIG Signet Jewelers Limited $4.4B 13.4× 8.8× −0.46% (below 0%: shrinking) n/m −50.56% (below 0%: shrinking) 39.42% 5.73% Compare
CPRI Capri Holdings Limited $1.8B 12.3× 9.2× −3.51% (below 0%: shrinking) +36.36% (above 0%: growing) +328.57% (above 0%: growing) 65.02% 2.21% Compare
LUXE LuxExperience B.V. - Sponsored ADR $1.3B — (loss-making) — (loss-making) +17.13% (above 0%: growing) n/m +115.02% (above 0%: growing) 48.18% (5.10%) Compare
REAL The RealReal, Inc. $1.3B — (loss-making) 35.9× +16.58% (above 0%: growing) n/m +59.42% (above 0%: growing) 74.36% (1.19%)
MOV Movado Group Inc. $529.3M 18.3× 20.4× +4.90% (above 0%: growing) +307.69% (above 0%: growing) +67.92% (above 0%: growing) 59.40% 8.76% Compare
ELA Envela Corporation $312.6M 14.0× 32.5× +3.46% (above 0%: growing) +45.45% (above 0%: growing) +136.50% (above 0%: growing) 23.56% 8.99% Compare
BRLT Brilliant Earth Group, Inc. $147.7M — (loss-making) — (loss-making) +5.67% (above 0%: growing) n/m +108.96% (above 0%: growing) 57.90% 0.39% Compare
LANV Lanvin Group Holdings Limited $105.7M — (loss-making) — (loss-making) — n/m +34.01% (above 0%: growing) 56.34% 0.00% Compare
Median of peers $929.6M 14.0× 18.6× +4.90% +45.45% +88.44% 57.12% 3.97%

All 12 Luxury Goods stocks →

The RealReal, Inc. (REAL) key facts

  • Strength: The RealReal, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $692.8 million, up 15.4% from fiscal 2024.
  • The RealReal, Inc. (REAL) is a Luxury Goods company in the Consumer Cyclical sector, listed on Nasdaq.
  • As of October 16, 2026, REAL traded at $10.39, a market capitalization of $1.3 billion.
  • Return on equity was 10.2% and debt-to-equity -0.99.
  • Its Piotroski F-score is 6 out of 9 and its Altman Z-score is −1.72 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

The RealReal, Inc. (REAL) Latest News

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stockrow.com/REAL · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com