Symbols / REAL Stock $12.24 +5.43% The RealReal, Inc.

Consumer Cyclical • Luxury Goods • United States • NMS
REAL (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: SMA 50: SMA 200:
About

The RealReal, Inc. operates an online marketplace for resale luxury goods worldwide. It provides a range of product categories, including women's fashion, men's fashion, jewelry, and watches. The company sells products through its website, online marketplace, mobile app, and retail stores. The RealReal, Inc. was incorporated in 2011 and is headquartered in San Francisco, California.

Stock Fundamentals
Scroll to Statements
Market Cap 1.46B Enterprise Value 1.77B Income -41.80M Sales 692.84M Book/sh -3.51 Cash/sh 1.27
Dividend Yield Payout 0.00% Employees 3140 IPO P/E Forward P/E 59.81
PEG P/S 2.10 P/B -3.49 P/C EV/EBITDA 197.14 EV/Sales 2.55
Quick Ratio 0.66 Current Ratio 0.86 Debt/Eq LT Debt/Eq EPS (ttm) -0.70 EPS next Y 0.20
EPS Growth Revenue Growth 18.30% Earnings 2026-05-07 ROA -3.61% ROE ROIC
Gross Margin 74.59% Oper. Margin 3.18% Profit Margin -6.03% Shs Outstand 118.98M Shs Float 108.57M Short Float 17.09%
Short Ratio 5.70 Short Interest 52W High 17.39 52W Low 4.70 Beta 2.81 Avg Volume 3.35M
Volume 2.44M Target Price $18.19 Recom Strong_buy Prev Close $11.61 Price $12.24 Change 5.43%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$18.19
Mean price target
2. Current target
$12.24
Latest analyst target
3. DCF / Fair value
$3.77
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$12.24
Low
$16.00
High
$20.00
Mean
$18.19

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-27 main Baird Neutral → Neutral $16
2026-02-27 reit BTIG Buy → Buy $18
2026-01-22 main Keybanc Overweight → Overweight $20
2026-01-08 main UBS Neutral → Neutral $16
2025-12-30 main BTIG Buy → Buy $18
2025-12-16 main Wells Fargo Overweight → Overweight $20
2025-12-15 init William Blair — → Outperform
2025-12-12 main B. Riley Securities Buy → Buy $17
2025-11-11 main UBS Neutral → Neutral $14
2025-11-11 reit B. Riley Securities Buy → Buy $14
2025-11-11 main Baird Neutral → Neutral $13
2025-11-11 main BTIG Buy → Buy $15
2025-11-05 up Keybanc Sector Weight → Overweight $16
2025-10-15 main UBS Neutral → Neutral $11
2025-09-15 main B. Riley Securities Buy → Buy $12
2025-09-10 main BTIG Buy → Buy $11
2025-08-08 main UBS Neutral → Neutral $8
2025-08-08 main B. Riley Securities Buy → Buy $9
2025-07-17 init B. Riley Securities — → Buy $8
2025-05-09 main UBS Neutral → Neutral $7
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-13 MCKEEHAN JENNIFER Director 4,247 $0.00 $0
2026-04-13 LO STEVE MING Officer 31,310 $0.00 $0
2026-03-31 MCCAFFREY MARK D. Director 963 $0.00 $0
2026-03-31 KATZ KAREN W. Director 1,988 $0.00 $0
2026-03-19 MADAN GOPAL AJAY Chief Financial Officer 51,585 $9.29 $479,225
2026-02-23 MADAN GOPAL AJAY Chief Financial Officer 106,181 $0.00 $0
2026-02-23 MADAN GOPAL AJAY Chief Financial Officer 31,381 $10.72 $336,404
2026-02-23 SUKO TODD ANDREW Officer 63,708 $0.00 $0
2026-02-23 SUKO TODD ANDREW Officer 45,947 $10.72 $492,552
2026-02-23 FRIANG LUKE THOMAS Chief Technology Officer 72,203 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
692.85
+15.38%
600.48
+9.32%
549.30
-8.98%
603.49
Operating Revenue
692.85
+15.38%
600.48
+9.32%
549.30
-8.98%
603.49
Cost Of Revenue
176.02
+15.08%
152.96
-11.60%
173.03
-32.09%
254.80
Reconciled Cost Of Revenue
176.02
+15.08%
152.96
-11.60%
173.03
-32.09%
254.80
Gross Profit
516.82
+15.49%
447.52
+18.93%
376.28
+7.91%
348.69
Operating Expense
540.76
+7.33%
503.82
+0.94%
499.11
-7.05%
536.96
Selling General And Administration
264.84
+8.99%
242.99
+0.38%
242.07
-6.30%
258.33
Selling And Marketing Expense
63.25
+14.47%
55.26
-5.18%
58.27
-7.48%
62.99
General And Administrative Expense
201.59
+7.38%
187.74
+2.15%
183.79
-5.91%
195.34
Other Gand A
201.59
+7.38%
187.74
+2.15%
183.79
-5.91%
195.34
Other Operating Expenses
275.92
+5.79%
260.83
+1.47%
257.04
-7.75%
278.63
Total Expenses
716.78
+9.13%
656.78
-2.28%
672.13
-15.11%
791.76
Operating Income
-23.93
+57.49%
-56.30
+54.17%
-122.83
+34.76%
-188.27
Total Operating Income As Reported
-23.93
+57.64%
-56.49
+66.03%
-166.29
+12.09%
-189.16
EBITDA
19.27
+124.26%
-79.44
+36.85%
-125.79
+20.45%
-158.13
Normalized EBITDA
14.25
+193.43%
-15.26
+81.47%
-82.33
+47.64%
-157.24
Reconciled Depreciation
33.00
-0.29%
33.10
+4.43%
31.70
+14.55%
27.67
EBIT
-13.73
+87.80%
-112.54
+28.54%
-157.49
+15.24%
-185.80
Total Unusual Items
5.02
+107.81%
-64.19
-47.68%
-43.46
-4750.67%
-0.90
Total Unusual Items Excluding Goodwill
5.02
+107.81%
-64.19
-47.68%
-43.46
-4750.67%
-0.90
Special Income Charges
40.78
+924.49%
3.98
+109.16%
-43.46
-4750.67%
-0.90
Other Special Charges
-40.78
-876.42%
-4.18
-411.72%
1.34
+193.86%
0.46
Restructuring And Mergern Acquisition
0.00
-100.00%
0.20
-99.55%
43.46
+4750.67%
0.90
Net Income
-41.80
+68.85%
-134.20
+20.34%
-168.47
+14.24%
-196.44
Pretax Income
-41.44
+69.06%
-133.93
+20.37%
-168.19
+14.31%
-196.27
Net Non Operating Interest Income Expense
-23.44
-74.42%
-13.44
-608.91%
-1.90
+73.96%
-7.28
Interest Expense Non Operating
27.70
+29.54%
21.38
+99.83%
10.70
+2.19%
10.47
Net Interest Income
-23.44
-74.42%
-13.44
-608.91%
-1.90
+73.96%
-7.28
Interest Expense
27.70
+29.54%
21.38
+99.83%
10.70
+2.19%
10.47
Interest Income Non Operating
4.26
-46.41%
7.94
-9.79%
8.80
+175.93%
3.19
Interest Income
4.26
-46.41%
7.94
-9.79%
8.80
+175.93%
3.19
Other Income Expense
5.94
+109.26%
-64.19
-47.68%
-43.46
-5894.76%
-0.72
Other Non Operating Income Expenses
0.93
0.17
Gain On Sale Of Security
-35.77
+47.53%
-68.17
Tax Provision
0.36
+31.52%
0.28
-2.47%
0.28
+64.53%
0.17
Tax Rate For Calcs
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
1.05
+107.81%
-13.48
-47.68%
-9.13
-4750.67%
-0.19
Net Income Including Noncontrolling Interests
-41.80
+68.85%
-134.20
+20.34%
-168.47
+14.24%
-196.44
Net Income From Continuing Operation Net Minority Interest
-41.80
+68.85%
-134.20
+20.34%
-168.47
+14.24%
-196.44
Net Income From Continuing And Discontinued Operation
-41.80
+68.85%
-134.20
+20.34%
-168.47
+14.24%
-196.44
Net Income Continuous Operations
-41.80
+68.85%
-134.20
+20.34%
-168.47
+14.24%
-196.44
Normalized Income
-45.76
+45.19%
-83.50
+37.75%
-134.14
+31.47%
-195.74
Net Income Common Stockholders
-41.80
+68.85%
-134.20
+20.34%
-168.47
+14.24%
-196.44
Otherunder Preferred Stock Dividend
Diluted EPS
-1.24
+24.85%
-1.65
+19.51%
-2.05
Basic EPS
-1.24
+24.85%
-1.65
+19.51%
-2.05
Basic Average Shares
107.88
+5.96%
101.81
+6.13%
95.92
Diluted Average Shares
107.88
+5.96%
101.81
+6.13%
95.92
Diluted NI Availto Com Stockholders
-41.80
+68.85%
-134.20
+20.34%
-168.47
+14.24%
-196.44
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
409.03
-3.32%
423.10
-5.33%
446.92
-27.41%
615.64
Current Assets
227.49
-2.23%
232.67
-1.39%
235.95
-36.62%
372.26
Cash Cash Equivalents And Short Term Investments
151.23
-12.18%
172.21
-1.99%
175.71
-40.19%
293.79
Cash And Cash Equivalents
151.23
-12.18%
172.21
-1.99%
175.71
-40.19%
293.79
Cash Equivalents
125.55
-14.79%
147.34
+18.10%
124.76
+591.16%
18.05
Cash Financial
25.68
+3.27%
24.87
-51.18%
50.95
-81.52%
275.74
Other Short Term Investments
Receivables
23.82
+70.63%
13.96
-18.95%
17.23
+41.12%
12.21
Accounts Receivable
23.82
+70.63%
13.96
-18.95%
17.23
+41.12%
12.21
Inventory
30.84
+30.78%
23.58
+6.01%
22.25
-48.23%
42.97
Prepaid Assets
Other Current Assets
21.59
-5.75%
22.91
+10.34%
20.77
-10.84%
23.29
Total Non Current Assets
181.54
-4.67%
190.43
-9.74%
210.98
-13.32%
243.38
Net PPE
160.79
-5.51%
170.16
-10.65%
190.44
-20.86%
240.63
Gross PPE
269.94
+1.50%
265.96
+0.40%
264.91
-12.79%
303.77
Accumulated Depreciation
-109.16
-13.93%
-95.81
-28.65%
-74.47
-17.96%
-63.13
Properties
0.00
0.00
0.00
0.00
Machinery Furniture Equipment
111.58
+10.03%
101.41
+7.40%
94.42
+6.30%
88.83
Other Properties
64.64
-14.62%
75.71
-12.32%
86.35
-32.52%
127.95
Leases
93.72
+5.50%
88.84
+5.59%
84.14
-3.27%
86.99
Other Non Current Assets
20.75
+2.39%
20.27
-1.32%
20.54
+647.22%
2.75
Total Liabilities Net Minority Interest
824.55
-0.71%
830.47
+10.70%
750.22
-4.52%
785.73
Current Liabilities
264.24
+6.26%
248.68
+31.67%
188.86
-8.99%
207.51
Payables And Accrued Expenses
155.02
+23.90%
125.12
+19.59%
104.62
-19.20%
129.49
Payables
135.99
+23.13%
110.45
+17.25%
94.20
-7.62%
101.98
Accounts Payable
14.56
+32.36%
11.00
+22.80%
8.96
-24.71%
11.90
Other Payable
111.50
+24.27%
89.72
+16.33%
77.12
-5.42%
81.54
Current Accrued Expenses
19.03
+29.73%
14.67
+40.75%
10.42
-62.12%
27.51
Pensionand Other Post Retirement Benefit Plans Current
28.17
+13.83%
24.75
+23.22%
20.09
+32.92%
15.11
Total Tax Payable
9.93
+2.08%
9.73
+19.82%
8.12
-4.84%
8.53
Current Debt And Capital Lease Obligation
24.64
-50.20%
49.49
+146.28%
20.09
-3.28%
20.78
Current Debt
26.65
Other Current Borrowings
26.65
Current Capital Lease Obligation
24.64
+7.93%
22.84
+13.64%
20.09
-3.28%
20.78
Current Deferred Liabilities
3.11
+27.32%
2.44
+10.25%
2.21
-37.62%
3.55
Current Deferred Revenue
3.11
+27.32%
2.44
+10.25%
2.21
-37.62%
3.55
Other Current Liabilities
25.18
+2.88%
24.47
+24.59%
19.64
+20.08%
16.36
Total Non Current Liabilities Net Minority Interest
560.31
-3.69%
581.79
+3.64%
561.36
-2.92%
578.22
Long Term Debt And Capital Lease Obligation
438.61
-11.76%
497.07
-10.80%
557.28
-3.08%
574.97
Long Term Debt
371.81
-9.60%
411.28
-9.09%
452.42
+0.57%
449.85
Long Term Capital Lease Obligation
66.79
-22.14%
85.79
-18.18%
104.86
-16.19%
125.12
Other Non Current Liabilities
7.35
+19.66%
6.14
+50.48%
4.08
+25.48%
3.25
Stockholders Equity
-415.52
-2.00%
-407.38
-34.31%
-303.30
-78.31%
-170.09
Common Stock Equity
-415.52
-2.00%
-407.38
-34.31%
-303.30
-78.31%
-170.09
Capital Stock
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Common Stock
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Share Issued
118.32
+6.36%
111.24
+6.28%
104.67
+5.63%
99.09
Ordinary Shares Number
118.32
+6.36%
111.24
+6.28%
104.67
+5.63%
99.09
Additional Paid In Capital
880.11
+3.98%
846.45
+3.69%
816.33
+4.52%
781.06
Retained Earnings
-1,295.63
-3.33%
-1,253.83
-11.99%
-1,119.62
-17.71%
-951.15
Gains Losses Not Affecting Retained Earnings
Total Equity Gross Minority Interest
-415.52
-2.00%
-407.38
-34.31%
-303.30
-78.31%
-170.09
Total Capitalization
-43.70
-1220.35%
3.90
-97.38%
149.12
-46.70%
279.76
Working Capital
-36.75
-129.58%
-16.01
-134.00%
47.09
-71.42%
164.75
Invested Capital
-43.70
-243.04%
30.55
-79.51%
149.12
-46.70%
279.76
Total Debt
463.25
-15.24%
546.55
-5.34%
577.37
-3.08%
595.74
Net Debt
220.58
-16.99%
265.72
-3.97%
276.71
+77.32%
156.06
Capital Lease Obligations
91.44
-15.82%
108.62
-13.07%
124.95
-14.36%
145.89
Net Tangible Assets
-415.52
-2.00%
-407.38
-34.31%
-303.30
-78.31%
-170.09
Tangible Book Value
-415.52
-2.00%
-407.38
-34.31%
-303.30
-78.31%
-170.09
Current Provisions
28.12
+25.47%
22.41
+0.92%
22.20
-0.13%
22.23
Derivative Product Liabilities
114.35
+45.52%
78.58
0.00
Interest Payable
7.17
+43.47%
5.00
+328.47%
1.17
+0.00%
1.17
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
37.01
+37.86%
26.85
+143.82%
-61.27
+33.08%
-91.56
Cash Flow From Continuing Operating Activities
37.01
+37.86%
26.85
+143.82%
-61.27
+33.08%
-91.56
Net Income From Continuing Operations
-41.80
+68.85%
-134.20
+20.34%
-168.47
+14.24%
-196.44
Depreciation Amortization Depletion
33.00
-0.29%
33.10
+4.43%
31.70
+14.55%
27.67
Depreciation And Amortization
33.00
-0.29%
33.10
+4.43%
31.70
+14.55%
27.67
Other Non Cash Items
26.32
-0.97%
26.58
+41.34%
18.80
-17.06%
22.67
Stock Based Compensation
28.94
-0.48%
29.08
-15.15%
34.27
-25.72%
46.14
Asset Impairment Charge
4.82
-5.25%
5.09
-90.12%
51.48
+794.29%
5.76
Operating Gains Losses
-5.02
-107.79%
64.36
+28762.78%
0.22
-68.23%
0.70
Gain Loss On Investment Securities
35.77
-47.81%
68.54
Gain Loss On Sale Of PPE
0.22
-68.23%
0.70
Change In Working Capital
-9.26
-426.66%
2.84
+109.76%
-29.05
-1195.48%
2.65
Change In Receivables
-12.47
-1725.55%
0.77
+110.99%
-6.98
-14.07%
-6.12
Changes In Account Receivables
-12.47
-1725.55%
0.77
+110.99%
-6.98
-14.07%
-6.12
Change In Inventory
-9.47
-157.66%
-3.68
-133.62%
10.94
-54.37%
23.97
Change In Prepaid Assets
-0.80
-213.55%
0.70
-64.97%
2.00
+167.78%
-2.95
Change In Payables And Accrued Expense
36.05
+41.56%
25.47
+579.66%
-5.31
-194.40%
5.62
Change In Accrued Expense
12.66
-3.26%
13.09
+2921.12%
-0.46
+95.28%
-9.82
Change In Payable
23.39
+88.95%
12.38
+355.47%
-4.85
-131.37%
15.45
Change In Account Payable
1.61
+77.25%
0.91
+314.12%
-0.42
-108.59%
4.95
Change In Other Current Assets
-0.70
-1022.37%
0.08
+102.49%
-3.05
-645.72%
-0.41
Change In Other Current Liabilities
-21.88
-6.73%
-20.50
+23.07%
-26.65
-52.61%
-17.46
Investing Cash Flow
-29.22
-14.21%
-25.59
+39.26%
-42.13
-14.10%
-36.92
Cash Flow From Continuing Investing Activities
-29.22
-14.21%
-25.59
+39.26%
-42.13
-14.10%
-36.92
Net PPE Purchase And Sale
-18.64
-30.85%
-14.25
+51.17%
-29.18
-27.63%
-22.86
Purchase Of PPE
-18.64
-30.85%
-14.25
+51.17%
-29.18
-27.63%
-22.86
Capital Expenditure
-31.53
-21.06%
-26.05
+38.17%
-42.13
-14.10%
-36.92
Capital Expenditure Reported
-12.89
-9.23%
-11.80
+8.89%
-12.95
+7.89%
-14.06
Net Investment Purchase And Sale
0.00
0.00
Purchase Of Investment
0.00
Sale Of Investment
0.00
0.00
Net Other Investing Changes
2.31
+400.87%
0.46
Financing Cash Flow
-28.87
-506.64%
-4.76
-2205.75%
0.23
-94.49%
4.10
Cash Flow From Continuing Financing Activities
-28.87
-506.64%
-4.76
-2205.75%
0.23
-94.49%
4.10
Net Issuance Payments Of Debt
-26.75
0.00
0.00
0.00
Issuance Of Debt
0.00
0.00
Repayment Of Debt
-26.75
0.00
0.00
Long Term Debt Issuance
0.00
0.00
Long Term Debt Payments
-26.75
0.00
0.00
Net Long Term Debt Issuance
-26.75
0.00
0.00
0.00
Net Common Stock Issuance
Proceeds From Stock Option Exercised
2.68
+49.92%
1.79
+97.68%
0.91
-78.98%
4.31
Net Other Financing Charges
-4.80
+26.65%
-6.55
-864.36%
-0.68
-231.22%
-0.20
Changes In Cash
-21.08
-502.40%
-3.50
+96.61%
-103.17
+17.05%
-124.38
Beginning Cash Position
187.12
-1.84%
190.62
-35.12%
293.79
-29.74%
418.17
End Cash Position
166.04
-11.27%
187.12
-1.84%
190.62
-35.12%
293.79
Free Cash Flow
5.48
+586.34%
0.80
+100.77%
-103.40
+19.52%
-128.48
Interest Paid Supplemental Data
17.46
+63.51%
10.68
+31.41%
8.13
+0.28%
8.10
Income Tax Paid Supplemental Data
0.33
+65.50%
0.20
-11.89%
0.23
-11.33%
0.26
Common Stock Issuance
Issuance Of Capital Stock
Net Preferred Stock Issuance
Preferred Stock Issuance
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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