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The RealReal REAL Gross Profit

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Segments

By segment

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Reportable Segment$141.33M+17.8%

Other financials

Income statement

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Revenue$189.7M+18.5%
Operating income-$2.3M+82.2%
Net income$38.9M-37.6%
EPS (diluted)-$0.07+50.0%

Balance sheet

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Cash & equivalents$138.8M-10.2%
Total debt$233.4M-13.4%
Total equity-$359.4M-6.9%
Total assets$385.9M-3.6%

Cash flow

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Operating cash flow-$16.6M+41.2%
CapEx$7.5M+58.5%
Free cash flow-$24.1M+26.9%

Valuation

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Market cap$1.55B+80.2%
Enterprise value$1.64B+64.4%
P/S2.1×+0.7×

Profitability

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Gross margin74.5%-0.2pp
Operating margin-5.3%-1.9pp
Net margin-9%+5.3pp
FCF margin3.8%+2.7pp

Returns & leverage

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Return on equity-178.6%
Debt / equity2.2×
Current ratio0.8×0.0×

Where this comes from

Calculated from The RealReal’s reported figures.

The official record: The RealReal’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is The RealReal's gross profit?
The RealReal (REAL) reported gross profit of $141.33M in Q1 2026.
How has The RealReal's gross profit changed year-over-year?
The RealReal's gross profit increased by 17.8% year-over-year, from $120.02M to $141.33M.
What is the long-term trend for The RealReal's gross profit?
Over 4 years (2021 to 2025), The RealReal's gross profit has grown at a 17.2% compound annual growth rate (CAGR), from $273.48M to $516.82M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.