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REAL · NASDAQ · Luxury Goods

The RealReal (ADR) (REAL)

Authenticates and consigns pre-owned luxury fashion, jewelry, and watches online and in stores.

$9.90

After hours0.00 (0.00%)

At close$9.90(+2.54%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	133	143	144	145	148	164	160	165	174	194	190	193
Cost of revenue	39	37	37	46	37	42	40	43	45	57	56	49
Gross profit	94	106	107	99	111	122	120	123	129	137	133	143
	117	127	125	118	125	127	133	133	136	131	136	145
Research & development	53	54	0	57	58	58	59	61	62	61	65	0
	56	57	62	61	59	61	66	64	66	70	71	71
Selling & marketing	12	14	15	14	12	15	16	16	14	18	19	18
General & administrative	45	43	47	47	48	46	50	48	52	52	52	52
Other expenses	7	16	63	0	8	9	8	8	8	0	0	75
Operating income	−22	−21	−18	−19	−15	−5	−13	−10	−8	6	−2	−2
	0	−1	−13	2	−3	−63	75	−1	−46	−45	41	−25
Interest income	2	2	2	2	2	2	1	1	1	1	1	1
Interest expense	3	3	4	6	6	6	6	7	7	7	7	7
Other non-operating income	−2	−2	9	−8	−3	57	−82	−6	39	38	−49	18
Income before tax	−23	−22	−31	−17	−18	−68	62	−11	−54	−39	39	−27
Income tax expense	0	0	0	0	0	0	0	0	0	0	0	0
Net income from continuing operations	−23	−22	−31	−17	−18	−68	62	−11	−54	−39	39	−27
Net income	−23	−22	−31	−17	−18	−68	62	−11	−54	−39	39	−27
EPS, basic	−$0.22	−$0.21	−$0.30	−$0.16	−$0.16	−$0.62	$0.56	−$0.10	−$0.47	−$0.33	$0.33	−$0.23
EPS, diluted	−$0.22	−$0.21	−$0.30	−$0.20	−$0.17	−$0.62	$0.52	−$0.13	−$0.49	−$0.33	−$0.07	−$0.23
Weighted average shares, basic	103	104	105	107	109	110	112	114	116	117	120	121
Weighted average shares, diluted	103	104	105	111	112	110	121	119	117	117	126	121
EBITDA	−9	−7	−19	1	−4	−50	81	4	−39	−23	54	−4
Depreciation & amortization	12	12	8	12	8	13	12	8	8	8	8	16
EBIT	−20	−19	−27	−11	−12	−62	69	−4	−47	−31	46	−20