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The RealReal REAL Net Operating Loss Carryforwards

Net Operating Loss Carryforwards at other companies

Alignment Healthcare logo
Alignment HealthcareALHC
$95.33M-74.5%
The RealReal logo
The RealRealREAL
$3.25M+18.6%
PJT Partners logo
PJT PartnersPJT
$53.2M
Evolution Metals & Technologies Corp.
 logo
Evolution Metals & Technologies Corp. EMAT
$0
Celcuity logo
CelcuityCELC
$4.8M+500%
Moelis & Company logo
Moelis & CompanyMC
$103.08M-27.6%

Other financials

Income statement

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Revenue$189.7M+18.5%
Gross profit$141.3M+17.8%
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

Reported directly by The RealReal in its filing.

Tagged under the XBRL concept us-gaap:DeferredTaxAssetsTaxCreditCarryforwards.

The official record: The RealReal’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is The RealReal's net operating loss carryforwards?
The RealReal (REAL) reported net operating loss carryforwards of $3.25M in Q4 2025.
How has The RealReal's net operating loss carryforwards changed year-over-year?
The RealReal's net operating loss carryforwards increased by 18.6% year-over-year, from $2.74M to $3.25M.
What does net operating loss carryforwards mean?
These are tax assets representing losses that can be used to reduce taxable income in future periods. They provide a potential future tax shield, improving cash flow by lowering future tax payments. Investors monitor these to estimate the duration and magnitude of potential tax savings.