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The RealReal REAL Total Cost of Revenue

Total Cost of Revenue at other companies

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Segments

By product

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Consignment revenue$16.08M+16.8%
Shipping services revenue$12.89M+11.4%

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$1.54B+137%
Enterprise value$1.64B+110%
P/S2.1×+1.0×

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:CostOfRevenue.

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
Cost of consignment revenue16,07513,76131,52226,715
Cost of direct revenue20,40717,18540,69132,420
Cost of shipping services revenue12,88711,56625,53723,387
Total cost of revenue49,36942,51297,75082,522
Gross profit143,202122,676284,536242,699
Operating expenses:
Marketing18,38215,54836,93931,403
Operations and technology74,70668,986147,425135,964

Item 1. Financial Statements (Unaudited)

FAQ

What is The RealReal's total cost of revenue?
The RealReal (REAL) reported total cost of revenue of $49.37M in Q2 2026.
How has The RealReal's total cost of revenue changed year-over-year?
The RealReal's total cost of revenue increased by 16.1% year-over-year, from $42.51M to $49.37M.
What is the long-term trend for The RealReal's total cost of revenue?
Over 4 years (2021 to 2025), The RealReal's total cost of revenue has grown at a -2.4% compound annual growth rate (CAGR), from $194.22M to $176.02M.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

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