How much cash does The RealReal generate?

The RealReal (REAL) generated $48.7M in operating cash flow over the trailing twelve months.

What is The RealReal's free cash flow?

After $21.4M of capital expenditures, The RealReal's free cash flow was $27.3M over the trailing twelve months, up 284.4% year over year.

Where does The RealReal's cash flow data come from?

Every line is extracted from The RealReal's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

The RealReal REAL Cash Flow Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Net income	-$65.26M-60.3%	-$41.8M+68.9%	-$71.47M+18.3%	-$35.36M+61.8%	-$40.7M+65.2%
Depreciation and amortization	$32.72M-1.3%	$33M-0.3%	$33.13M+0.5%	$33.2M+2.3%	$33.17M+3.1%
Stock-based compensation	$27.86M-5.0%	$28.94M-0.5%	$28.67M-6.2%	$29.83M-4.8%	$29.32M-9.5%
Provision for credit losses	$2.67M-2.8%	$2.61M+4.4%	$2.7M+20.4%	$2.47M+13.2%	$2.75M+58.2%
Change in accounts receivable	——	——	——	——	$10.68M-15.4%
Change in inventories	$10.08M+42.6%	$9.47M+158%	$12.12M+877%	$9.73M+1,265%	$7.07M+315%
Change in accounts payable	——	——	——	——	——
Change in accrued liabilities	$15.01M+335%	$12.66M-3.3%	$10.26M—	-$696K—	$3.45M—
Change in other assets	——	——	——	——	——
Change in other liabilities	$496K+53.6%	$304K-20.4%	$561K+359%	$282K—	$323K—
Other working capital changes	——	——	——	——	——
Loss on extinguishment of debt	$3.68M-90.1%	$40.79M+876%	$40.79M+876%	$37.1M+788%	$37.1M+788%
Change in operating lease liabilities	-$22.73M-6.1%	-$22.18M-6.2%	-$21.99M-8.1%	-$21.87M+12.3%	-$21.42M+15.1%
Change in other current assets	$401K—	$703K—	——	——	——
Net cash from operating activities	$48.66M+2,282%	$37.01M+37.9%	$15.48M—	$5.23M—	$2.04M—
Capital expenditures	$21.4M+27.2%	$18.64M+30.9%	$20.04M+56.3%	$21.62M+48.6%	$16.82M-14.2%
Net cash from investing activities	-$34.01M-30.2%	-$29.22M-14.2%	-$31.13M-32.5%	-$32M-27.3%	-$26.13M+17.1%
Proceeds from issuance of common stock	$1.09M+177%	$1.03M+174%	$568K-42.3%	$378K-62.0%	$393K-56.0%
Taxes paid for net share settlement	$203K-85.4%	$160K-90.3%	$1.3M+101%	$1.37M+116%	$1.4M+102%
Payment of debt issuance costs	$6.55M+53.2%	$6.55M+23.6%	$5.21M-1.6%	$5.07M-3.1%	$4.27M+316%
Net cash from financing activities	——	——	——	-$29.68M-594%	-$2.36M-479%
Net increase (decrease) in cash	——	——	——	——	——
Interest paid	$21.29M+43.2%	$17.46M+63.5%	$17.96M+40.7%	$14.86M+118%	$14.86M+64.7%
Income taxes paid	——	——	——	$338K+67.3%	$199K-13.5%
Accretion of debt discounts and issuance costs	$2.17M+6.1%	$2.21M+3.7%	$2.18M-3.4%	$2.14M-8.4%	$2.04M-19.1%
Gain (Loss) on Condemnation	——	——	——	——	——
Accrued consignor payable	$20.05M+275%	$21.78M+89.9%	$13.56M—	$10.47M—	$5.35M—
Operating lease liabilities	-$22.73M-6.1%	-$22.18M-6.2%	-$21.99M-8.1%	-$21.87M+12.3%	-$21.42M+15.1%
Accrued liabilities	$15.01M+335%	$12.66M-3.3%	$10.26M—	-$696K—	$3.45M—
Increase (Decrease) in Other Current Assets	$401K—	$703K—	——	——	——
Other long-term liabilities	$496K+53.6%	$304K-20.4%	$561K+359%	$282K—	$323K—
Increase (Decrease) in Prepaid Expense and Other Assets	——	——	——	——	——
Inventory write-downs	$2.64M+36.2%	$2.23M-13.1%	$2.34M-31.2%	$2.24M-56.1%	$1.94M-74.1%
Non-Cash Interest Income (Expense)	——	——	——	——	——
Other Noncash Income (Expense)	——	——	——	——	——
Accounts Receivable, Credit Loss Expense (Reversal)	$2.67M-2.8%	$2.61M+4.4%	$2.7M+20.4%	$2.47M+13.2%	$2.75M+58.2%
Reduction of operating lease right-of-use assets	$16.34M+5.5%	$16.07M+5.8%	$15.87M+5.6%	$15.69M+4.5%	$15.49M+1.6%
Payments For Software	$13.19M+14.9%	$12.89M+9.2%	$13.41M+20.4%	$13.15M+24.3%	$11.48M-3.6%
Payments Of Debt Issuance Costs	$6.55M+53.2%	$6.55M+23.6%	$5.21M-1.6%	$5.07M-3.1%	$4.27M+316%
Proceeds From Derivative Instrument Financing Activities	——	——	——	——	——
Accrued payables for capital expenditures	——	——	——	——	——
Capitalized proprietary software development costs additions not yet paid in cash	——	——	——	——	——
Debt Conversion Original Debt Amount1	——	——	——	——	——
Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction	——	——	——	——	——
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount	$246K-43.4%	$318K-31.3%	$390K-23.4%	$419K-31.2%	$435K-38.6%
Fair Value Adjustment Of Warrants	$30.94M+207%	$35.77M-47.5%	$55.85M+506%	$11.17M+12.3%	$10.08M-35.3%
Increase Decrease In Operating Lease Liability	-$22.73M-6.1%	-$22.18M-6.2%	-$21.99M-8.1%	-$21.87M+12.3%	-$21.42M+15.1%
Proceeds from insurance settlements related to property and equipment	——	——	——	$2.77M—	$2.18M—
Issuance of common stock for the acquisition of Ansys	——	——	——	——	——
Income Taxes Paid, Net	——	——	——	$338K+67.3%	$199K-13.5%
Free cash flow	$27.26M+284%	$18.37M+45.8%	-$4.55M+55.9%	-$16.4M+48.9%	-$14.78M+75.7%
Free cash flow	$27.26M+284%	$18.37M+45.8%	-$4.55M+55.9%	-$16.4M+48.9%	-$14.78M+75.7%

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about The RealReal.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

How much cash does The RealReal generate?: The RealReal (REAL) generated $48.7M in operating cash flow over the trailing twelve months.
What is The RealReal's free cash flow?: After $21.4M of capital expenditures, The RealReal's free cash flow was $27.3M over the trailing twelve months, up 284.4% year over year.
Where does The RealReal's cash flow data come from?: Every line is extracted from The RealReal's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.