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The RealReal REAL Other operating expenses

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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:OperatingExpenses.

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
Marketing18,38215,54836,93931,403
Operations and technology74,70668,986147,425135,964
Selling, general and administrative52,39748,027104,72997,988
Total operating expenses145,485132,561289,093265,355
Loss from operations(2,283)(9,885)(4,557)(22,656)
Change in fair value of warrant liability(18,583)4,53728,75247,040
Gain on extinguishment of debt37,101
Interest income9021,1091,9032,483

Item 1. Financial Statements (Unaudited)

FAQ

What is The RealReal's other operating expenses?
The RealReal (REAL) reported other operating expenses of $145.49M in Q2 2026.
How has The RealReal's other operating expenses changed year-over-year?
The RealReal's other operating expenses increased by 9.7% year-over-year, from $132.56M to $145.49M.
What is the long-term trend for The RealReal's other operating expenses?
Over 4 years (2021 to 2025), The RealReal's other operating expenses has grown at a 2.6% compound annual growth rate (CAGR), from $488.39M to $540.76M.
What does other operating expenses mean?
Residual operating expenses not classified into specific categories, serving as a catch-all for miscellaneous operating costs.

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