# TheRealReal, Inc.: financial statements, quarterly

REAL · Nasdaq · CIK 1573221 · [Consumer staples](/sectors/consumer-staples.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/real.md) · [Financials](/companies/real/financials.md) · [Filings](/companies/real/filings.md) · [Insiders](/companies/real/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/real/financials.md?period=annual).

## Income statement

| Line item | Unit | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [143 d](/filings/0001573221-26-000010.md) | [144](/filings/0001573221-25-000047.md) | [145](/filings/0001573221-25-000071.md) | [148](/filings/0001573221-25-000078.md) | [164 d](/filings/0001573221-26-000010.md) | [160](/filings/0001573221-26-000046.md) | [165](/filings/0001573221-26-000053.md) | [174](/filings/0001573221-26-000066.md) | [194 d](/filings/0001573221-26-000010.md) | [190](/filings/0001573221-26-000046.md) | [193](/filings/0001573221-26-000053.md) | [206](/filings/0001573221-26-000066.md) |
| Cost of revenue | $m | [37.3 d](/filings/0001573221-26-000010.md) | [36.5](/filings/0001573221-25-000047.md) | [37.5](/filings/0001573221-25-000071.md) | [37.0](/filings/0001573221-25-000078.md) | [41.9 d](/filings/0001573221-26-000010.md) | [40.0](/filings/0001573221-26-000046.md) | [42.5](/filings/0001573221-26-000053.md) | [44.7](/filings/0001573221-26-000066.md) | [48.8 d](/filings/0001573221-26-000010.md) | [48.4](/filings/0001573221-26-000046.md) | [49.4](/filings/0001573221-26-000053.md) | [51.7](/filings/0001573221-26-000066.md) |
| Gross profit | $m | [106 d](/filings/0001573221-26-000010.md) | [107](/filings/0001573221-25-000047.md) | [107](/filings/0001573221-25-000071.md) | [111](/filings/0001573221-25-000078.md) | [122 d](/filings/0001573221-26-000010.md) | [120](/filings/0001573221-26-000046.md) | [123](/filings/0001573221-26-000053.md) | [129](/filings/0001573221-26-000066.md) | [145 d](/filings/0001573221-26-000010.md) | [141](/filings/0001573221-26-000046.md) | [143](/filings/0001573221-26-000053.md) | [154](/filings/0001573221-26-000066.md) |
| Selling, general and administrative | $m | [44.8 d](/filings/0001573221-26-000010.md) | [46.8](/filings/0001573221-25-000047.md) | [47.1](/filings/0001573221-25-000071.md) | [47.5](/filings/0001573221-25-000078.md) | [46.4 d](/filings/0001573221-26-000010.md) | [50.0](/filings/0001573221-26-000046.md) | [48.0](/filings/0001573221-26-000053.md) | [51.6](/filings/0001573221-26-000066.md) | [52.0 d](/filings/0001573221-26-000010.md) | [52.3](/filings/0001573221-26-000046.md) | [52.4](/filings/0001573221-26-000053.md) | [56.2](/filings/0001573221-26-000066.md) |
| Operating income | $m | [(21.1) d](/filings/0001573221-26-000010.md) | [(17.9)](/filings/0001573221-25-000047.md) | [(18.8)](/filings/0001573221-25-000071.md) | [(14.6)](/filings/0001573221-25-000078.md) | [(5.2) d](/filings/0001573221-26-000010.md) | [(12.8)](/filings/0001573221-26-000046.md) | [(9.9)](/filings/0001573221-26-000053.md) | [(7.6)](/filings/0001573221-26-000066.md) | [6.3 d](/filings/0001573221-26-000010.md) | [(2.3)](/filings/0001573221-26-000046.md) | [(2.3)](/filings/0001573221-26-000053.md) | [1.5](/filings/0001573221-26-000066.md) |
| Interest expense | $m | [2.7 d](/filings/0001573221-24-000030.md) | [3.8](/filings/0001573221-24-000070.md) | [5.8](/filings/0001573221-25-000071.md) | [5.9](/filings/0001573221-25-000078.md) | [5.9 d](/filings/0001573221-26-000010.md) | [6.3](/filings/0001573221-26-000046.md) | [7.0](/filings/0001573221-26-000053.md) | [7.1](/filings/0001573221-26-000066.md) | [7.3 d](/filings/0001573221-26-000010.md) | [7.2](/filings/0001573221-26-000046.md) | [7.3](/filings/0001573221-26-000053.md) | [7.5](/filings/0001573221-26-000066.md) |
| Income tax | $m | [0.0 d](/filings/0001573221-26-000010.md) | [0.1](/filings/0001573221-25-000047.md) | [0.0](/filings/0001573221-25-000071.md) | [0.1](/filings/0001573221-25-000078.md) | [0.1 d](/filings/0001573221-26-000010.md) | [0.1](/filings/0001573221-26-000046.md) | [0.1](/filings/0001573221-26-000053.md) | [0.0](/filings/0001573221-26-000066.md) | [0.2 d](/filings/0001573221-26-000010.md) | [0.1](/filings/0001573221-26-000046.md) | [0.1](/filings/0001573221-26-000053.md) | [0.1](/filings/0001573221-26-000066.md) |
| Net income | $m | [(21.7) d](/filings/0001573221-26-000010.md) | [(31.1)](/filings/0001573221-25-000078.md) | [(16.7)](/filings/0001573221-25-000078.md) | [(17.9)](/filings/0001573221-25-000078.md) | [(68.5) d](/filings/0001573221-26-000010.md) | [62.4](/filings/0001573221-26-000066.md) | [(11.4)](/filings/0001573221-26-000066.md) | [(54.1)](/filings/0001573221-26-000066.md) | [(38.8) d](/filings/0001573221-26-000010.md) | [38.9](/filings/0001573221-26-000066.md) | [(27.2)](/filings/0001573221-26-000066.md) | [16.0](/filings/0001573221-26-000066.md) |
| Diluted EPS | $ per share | not reported | [(0.30)](/filings/0001573221-25-000047.md) | [(0.20)](/filings/0001573221-25-000071.md) | [(0.17)](/filings/0001573221-25-000078.md) | not reported | [(0.14)](/filings/0001573221-26-000046.md) | [(0.13)](/filings/0001573221-26-000053.md) | [(0.49)](/filings/0001573221-26-000066.md) | not reported | [(0.07)](/filings/0001573221-26-000046.md) | [(0.23)](/filings/0001573221-26-000053.md) | [(0.04)](/filings/0001573221-26-000066.md) |
| Basic EPS | $ per share | not reported | [(0.30)](/filings/0001573221-25-000047.md) | [(0.16)](/filings/0001573221-25-000071.md) | [(0.16)](/filings/0001573221-25-000078.md) | not reported | [0.56](/filings/0001573221-26-000046.md) | [(0.10)](/filings/0001573221-26-000053.md) | [(0.47)](/filings/0001573221-26-000066.md) | not reported | [0.33](/filings/0001573221-26-000046.md) | [(0.23)](/filings/0001573221-26-000053.md) | [0.13](/filings/0001573221-26-000066.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenue: us-gaap:CostOfRevenue
- Gross profit: us-gaap:GrossProfit
- Selling, general and administrative: us-gaap:SellingGeneralAndAdministrativeExpense
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense, us-gaap:InterestExpenseNonoperating
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [176](/filings/0001573221-26-000010.md) | [166](/filings/0001573221-25-000047.md) | [151](/filings/0001573221-25-000071.md) | [153](/filings/0001573221-25-000078.md) | [172](/filings/0001573221-26-000010.md) | [140](/filings/0001573221-26-000046.md) | [94.3](/filings/0001573221-26-000053.md) | [108](/filings/0001573221-26-000066.md) | [151](/filings/0001573221-26-000066.md) | [124](/filings/0001573221-26-000046.md) | [119](/filings/0001573221-26-000053.md) | [130](/filings/0001573221-26-000066.md) |
| Current assets | $m | [236](/filings/0001573221-25-000013.md) | [225](/filings/0001573221-24-000070.md) | [207](/filings/0001573221-24-000107.md) | [212](/filings/0001573221-24-000125.md) | [233](/filings/0001573221-26-000010.md) | [208](/filings/0001573221-25-000047.md) | [160](/filings/0001573221-25-000071.md) | [182](/filings/0001573221-25-000078.md) | [227](/filings/0001573221-26-000066.md) | [203](/filings/0001573221-26-000046.md) | [193](/filings/0001573221-26-000053.md) | [218](/filings/0001573221-26-000066.md) |
| Total assets | $m | [447](/filings/0001573221-25-000013.md) | [432](/filings/0001573221-24-000070.md) | [407](/filings/0001573221-24-000107.md) | [406](/filings/0001573221-24-000125.md) | [423](/filings/0001573221-26-000010.md) | [400](/filings/0001573221-25-000047.md) | [349](/filings/0001573221-25-000071.md) | [366](/filings/0001573221-25-000078.md) | [409](/filings/0001573221-26-000066.md) | [386](/filings/0001573221-26-000046.md) | [378](/filings/0001573221-26-000053.md) | [404](/filings/0001573221-26-000066.md) |
| Current liabilities | $m | [189](/filings/0001573221-25-000013.md) | [194](/filings/0001573221-24-000070.md) | [212](/filings/0001573221-24-000107.md) | [226](/filings/0001573221-24-000125.md) | [249](/filings/0001573221-26-000010.md) | [240](/filings/0001573221-25-000047.md) | [199](/filings/0001573221-25-000071.md) | [226](/filings/0001573221-25-000078.md) | [264](/filings/0001573221-26-000066.md) | [241](/filings/0001573221-26-000046.md) | [233](/filings/0001573221-26-000053.md) | [261](/filings/0001573221-26-000066.md) |
| Total liabilities | $m | [750](/filings/0001573221-25-000013.md) | [759](/filings/0001573221-24-000070.md) | [743](/filings/0001573221-24-000107.md) | [752](/filings/0001573221-24-000125.md) | [830](/filings/0001573221-26-000010.md) | [736](/filings/0001573221-25-000047.md) | [688](/filings/0001573221-25-000071.md) | [751](/filings/0001573221-25-000078.md) | [825](/filings/0001573221-26-000066.md) | [745](/filings/0001573221-26-000046.md) | [756](/filings/0001573221-26-000053.md) | [758](/filings/0001573221-26-000066.md) |
| Long-term debt | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Current portion of debt | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Shareholders' equity | $m | [(303)](/filings/0001573221-26-000010.md) | [(327)](/filings/0001573221-25-000078.md) | [(335)](/filings/0001573221-25-000078.md) | [(345)](/filings/0001573221-25-000078.md) | [(407)](/filings/0001573221-26-000066.md) | [(336)](/filings/0001573221-26-000066.md) | [(338)](/filings/0001573221-26-000066.md) | [(385)](/filings/0001573221-26-000066.md) | [(416)](/filings/0001573221-26-000066.md) | [(359)](/filings/0001573221-26-000066.md) | [(378)](/filings/0001573221-26-000066.md) | [(354)](/filings/0001573221-26-000066.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: not reported
- Current portion of debt: not reported
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [10.5 d](/filings/0001573221-26-000010.md) | [(3.5)](/filings/0001573221-25-000047.md) | [(6.8) d](/filings/0001573221-25-000071.md) | [9.1 d](/filings/0001573221-25-000078.md) | [28.0 d](/filings/0001573221-26-000010.md) | [(28.3)](/filings/0001573221-26-000046.md) | [(3.6) d](/filings/0001573221-26-000053.md) | [19.3 d](/filings/0001573221-26-000066.md) | [49.5 d](/filings/0001573221-26-000010.md) | [(16.6)](/filings/0001573221-26-000046.md) | [1.6 d](/filings/0001573221-26-000053.md) | [25.0 d](/filings/0001573221-26-000066.md) |
| Capital expenditure | $m | [3.6 d](/filings/0001573221-26-000010.md) | [2.1](/filings/0001573221-25-000047.md) | [3.0 d](/filings/0001573221-25-000071.md) | [4.0 d](/filings/0001573221-25-000078.md) | [5.1 d](/filings/0001573221-26-000010.md) | [4.7](/filings/0001573221-26-000046.md) | [7.8 d](/filings/0001573221-26-000053.md) | [2.4 d](/filings/0001573221-26-000066.md) | [3.7 d](/filings/0001573221-26-000010.md) | [7.5](/filings/0001573221-26-000046.md) | [4.0 d](/filings/0001573221-26-000053.md) | [9.7 d](/filings/0001573221-26-000066.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment

## Shares

| Line item | Unit | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [99.6](/filings/0001573221-24-000070.md) | [101](/filings/0001573221-24-000107.md) | [103](/filings/0001573221-24-000125.md) | [105](/filings/0001573221-25-000047.md) | [111](/filings/0001573221-25-000071.md) | [112](/filings/0001573221-25-000078.md) | [121](/filings/0001573221-26-000046.md) | [119](/filings/0001573221-26-000053.md) | [117](/filings/0001573221-26-000066.md) | [126](/filings/0001573221-26-000046.md) | [121](/filings/0001573221-26-000053.md) | [128](/filings/0001573221-26-000066.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 124,713,031 at 2026-10-22, from the cover of the [10-Q filed 2026-10-29](/filings/0001573221-26-000066.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 29, 2026, 18:22 ET. No prices; not investment advice.