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The RealReal REAL Pre-Tax Income

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Other financials

Income statement

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Revenue$192.6M+16.6%
Gross profit$143.2M+16.7%
Operating income-$2.3M+76.9%
Net income-$27.2M-140%
EPS (diluted)-$0.23-76.9%

Balance sheet

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Cash & equivalents$133.9M+22.6%
Total debt$231.8M-2.6%
Total equity-$377.7M-11.7%
Total assets$378.3M+8.3%

Cash flow

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Operating cash flow-$16.6M+41.2%
CapEx$4.0M-48.4%
Free cash flow-$2.4M+78.8%

Valuation

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Market cap$1.45B+91.7%
Enterprise value$1.55B+74.9%
P/S1.9×+0.7×

Profitability

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Gross margin74.5%-0.1pp
Operating margin-5.3%-1.9pp
Net margin-10.8%+201pp
FCF margin4.8%+3.6pp

Returns & leverage

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

Where this comes from

Reported directly by The RealReal in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

The source filing: The RealReal’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:12 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001573221-26-000053
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Interest income9021,1091,9032,483
Interest expense(7,322)(7,038)(14,543)(13,358)
Other income, net154357608
Income (loss) before provision for income taxes(27,132)(11,277)11,91251,218
Provision for income taxes10189209184
Net income (loss) attributable to common stockholders$(27,233)$(11,366)$11,703$51,034
Net income (loss) per share attributable to common stockholders, basic$(0.23)$(0.10)$0.10$0.45
Net income (loss) per share attributable to common stockholders, diluted$(0.23)$(0.13)$(0.13)$(0.27)

Item 1. Financial Statements (Unaudited)

FAQ

What is The RealReal's pre-tax income?
The RealReal (REAL) reported pre-tax income of -$27.13M in Q2 2026.
How has The RealReal's pre-tax income changed year-over-year?
The RealReal's pre-tax income decreased by 140.6% year-over-year, from -$11.28M to -$27.13M.
What is the long-term trend for The RealReal's pre-tax income?
Over 4 years (2021 to 2025), The RealReal's pre-tax income has grown at a -35.3% compound annual growth rate (CAGR), from -$236.05M to -$41.44M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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