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The RealReal REAL Business Segments — Gross Profit

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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:GrossProfit.

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 business segments — gross profit?
The RealReal (REAL) reported business segments — gross profit of $141.33M in Q1 2026.
How has The RealReal's business segments — gross profit changed year-over-year?
The RealReal's business segments — 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 business segments — gross profit?
Over 3 years (2022 to 2025), The RealReal's business segments — gross profit has grown at a 14.0% compound annual growth rate (CAGR), from $348.69M to $516.82M.
What does business segments — gross profit mean?
Calculated as the difference between total segment revenue and the direct costs of revenue. It measures the fundamental profitability of the segment's core operations before accounting for operating expenses.