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Research & education only — not financial advice. EDGAR is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates — see Disclosures. Do your own research.

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Home›Stocks›REAL

REAL

TheRealReal, Inc.

Next earnings Aug 5, 2026 · consensus $-0.02 EPS, $192M rev

Last earnings -4.6% on 2026-05-07

Avoid
$12.16
▼ -2.17%
$12.16▲ +138.90%
over 1Y
L $4.79EODHDH $16.90
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today-2.2%
1W-1.5%
1M+26.4%
3M+41.9%
YTD-23.0%
1Y+138.9%
OverviewFinancialsValuationQualityTimelineFilings
Rating
Avoid
Quality
D
Valuation
Fair value
Filings
Watch
Avoid
Conviction
Horizon
Medium (3–12mo)
Street · 15 analysts
Buy

Revenue grew 15.4% YoY; but unprofitable (net margin -6.0%).

TheRealReal, Inc. shows $693M in FY2025 revenue (+15.4% YoY), a -6.0% net margin.

Financials · annual, by fiscal year

Line itemFY21FY22FY23FY24FY25
Revenue$468M$603M$549M$600M$693M
Gross profit$273M$349M$376M$448M$517M
Operating income-$215M-$189M-$166M-$56.5M-$23.9M
Net income-$236M-$196M-$168M-$134M-$41.8M
Diluted EPS-$2.58-$2.05-$1.65-$1.24-$0.70
Net margin-50.5%-32.6%-30.7%-22.3%-6.0%

Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.

Key statistics

Valuation

Enterprise value$1.30B
EV / EBITDA143.9
EV / Sales1.9
EV / FCF71.0
P / FCF78.8
PEG (trailing)—
Earnings yield-2.9%
FCF yield1.3%

Quality & risk

ROIC (est.)—
Free cash flow$18.4M
Total debt$9.24M
Net cash$142M
Altman Z-Score-1.99 distress
Piotroski F-Score5/8

Capital returns

Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Shares Δ YoY+7.0%

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Disclosure timeline

SEC · 8-Ks + reports
Some governance/structural items recently, but no outright red flags.
  1. 8-K Shareholder vote2026-06-12
  2. 8-K Earnings results2026-05-07
  3. 10-Q Quarterly report2026-05-07
  4. DEF 14A Proxy statement2026-04-27
  5. 8-K Officer / director change2026-03-09
  6. 8-K Earnings results2026-02-26
  7. 10-K Annual report2026-02-26
  8. 8-K Officer / director change2025-11-18
  9. 8-K Earnings results2025-11-10

Recent filings

all on EDGAR ↗
8-KPeriod ending 2026-06-102026-06-12open ↗4Period ending 2026-05-212026-05-22open ↗4Period ending 2026-05-212026-05-22open ↗4Period ending 2026-05-212026-05-22open ↗4Period ending 2026-05-212026-05-22open ↗4Period ending 2026-05-212026-05-22open ↗S-3ASRFiling2026-05-08open ↗10-QPeriod ending 2026-03-312026-05-07open ↗8-KPeriod ending 2026-05-072026-05-07open ↗144Filing2026-04-27open ↗DEFA14AFiling2026-04-27open ↗DEF 14APeriod ending 2025-12-312026-04-27open ↗

Quality score

D
ValueGrowthProfitHealthMom.
ValueB
GrowthA
ProfitabilityF
Financial healthF
Momentum—
  • ✓Revenue growing year-over-year
  • ✗Profitable (positive net income)
  • ✗Net margin above 10%
  • ✓Liabilities below 2× equity
Revenue
$693M
+15.4% YoY
Net margin
-6.0%
ROE
—
P/E
—

SEC fundamentals · FY 2025

'21'22'23'24'25

■ revenue · ■ net income, by fiscal year

Revenue$693M+15.4%
Net income-$41.8M+68.9%
Gross profit$517M+15.5%
Operating income-$23.9M+57.6%
Diluted EPS-$0.70+43.5%
Cash & equivalents$151M-12.2%
Total assets$409M-3.3%
Total liabilities$825M-0.7%
Stockholders' equity-$416M-2.0%
Gross: 74.6%Op.: -3.5%L/E: -1.98x

Frequently asked

Is TheRealReal, Inc. (REAL) a buy?
REAL currently carries a Avoid rating with 2/5 conviction, derived from its latest SEC filings. Revenue grew 15.4% YoY; but unprofitable (net margin -6.0%).
What is TheRealReal, Inc.'s quality score?
REAL scores 47.05882352941176/100 (grade D) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0001573221, latest 10-Q filed 2026-05-07) · EODHD · as of 6/26/2026, 1:21:05 AM.

Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Insider activity

Form 4 · SEC

Last 90 days: 0 open-market buys · 16 sales

2026-05-21
Madan Gopal Ajay
Chief Financial Officer
Sell22.7K @ $9.25$210K
2026-05-21
Madan Gopal Ajay
Chief Financial Officer
Sell7.76K @ $9.25$71.8K
2026-05-21
Madan Gopal Ajay
Chief Financial Officer
Sell4.59K @ $9.25$42.4K
2026-05-21
Lo Steve Ming
Chief Accounting Officer
Sell8.64K @ $9.25$79.9K
2026-05-21
Lo Steve Ming
Chief Accounting Officer
Sell2.08K @ $9.25$19.3K
2026-05-21
Lo Steve Ming
Chief Accounting Officer
Sell1.35K @ $9.25$12.5K
2026-05-21
Suko Todd A
Chief Legal Officer and Secret
Sell10.8K @ $9.25$99.5K
2026-05-21
Suko Todd A
Chief Legal Officer and Secret
Sell4.14K @ $9.25$38.3K
2026-05-21
Suko Todd A
Chief Legal Officer and Secret
Sell2.45K @ $9.25$22.7K
2026-05-21
Friang Luke Thomas
Chief Product & Tech Officer
Sell8.16K @ $9.25$75.5K
2026-05-21
Friang Luke Thomas
Chief Product & Tech Officer
Sell8.20K @ $9.25$75.9K
2026-05-21
Friang Luke Thomas
Chief Product & Tech Officer
Sell2.40K @ $9.25$22.2K

Earnings history

beat/miss · move
2026-05-07Beat +31.5% est▼ -4.62%8-K ↗
2026-02-26Beat +58.3% est▲ +3.08%8-K ↗
2025-11-10Beat +31.4% est▲ +2.00%8-K ↗
2025-08-07Beat +29.4% est▼ -4.17%8-K ↗
2025-05-08—▲ +3.40%8-K ↗
2025-02-20—▼ -0.13%8-K ↗

Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.

Recent news

market news →
The RealReal vs. RH: Which Consumer Stock Is a Better Buy in 2026?Bullish
finance.yahoo.com· 2026-06-18
The RealReal vs. RH: Which Consumer Stock Is a Better Buy in 2026?Bullish
nasdaq.com· 2026-06-18
Stocks Rally on U.S.-Iran Deal to Open the Strait of HormuzBullish
finance.yahoo.com· 2026-06-15
The RealReal's CFO Sold Over 35,000 Company Shares. Here's What That Means for Investors.Bullish
finance.yahoo.com· 2026-05-30
The RealReal's CFO Sold Over 35,000 Company Shares. Here's What That Means for Investors.Bullish
nasdaq.com· 2026-05-30
Investment Advisor Sells $5.9 Million Worth of REAL, According to Latest SEC FilingBullish
finance.yahoo.com· 2026-05-19

Vs tracked universe

compare →

1044 tracked peers · median

EDGAR Score47 vs 67
Revenue growth15.4% vs 7.1%
Net margin-6.0% vs 10.5%
Return on equity— vs 12.3%
P/E— vs 25.5

News sentiment

EODHD · 7d
Bullish
+0.16
vs typical · 11 articles
↑ improving

Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.

Retail buzz

Reddit · ApeWisdom
#71
most mentioned
4
mentions · 24h
+300% vs prior day

Crowd attention, not a quality signal — weigh it against the figures above. All trending →