For the quarter ending 2025-09-30, REAL made $173,573K in revenue. -$54,051K in net income. Net profit margin of -31.14%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Total revenue | 173,573 | 165,188 | 160,033 | 147,755 |
| Service | 14,318 | 13,761 | - | - |
| Product | 18,130 | 17,185 | - | - |
| Shipping And Handling | 12,205 | 11,566 | - | - |
| Total cost of revenue | 44,653 | 42,512 | 40,010 | 37,042 |
| Gross profit | 128,920 | 122,676 | 120,023 | 110,713 |
| Marketing | 14,146 | 15,548 | 15,855 | 11,604 |
| Operations and technology | 70,703 | 68,986 | 66,978 | 66,199 |
| Selling, general and administrative | 51,621 | 48,027 | 49,961 | 47,512 |
| Restructuring charges | 0 | 0 | - | - |
| Total operating expenses | 136,470 | 132,561 | 132,794 | 125,315 |
| Loss from operations | -7,550 | -9,885 | -12,771 | -14,602 |
| Change in fair value of warrant liability | 43,928 | -4,537 | -42,503 | -744 |
| Gain on extinguishment of debt | 3,684 | 0 | 37,101 | - |
| Interest income | 818 | 1,109 | 1,374 | 1,940 |
| Interest expense | 7,085 | 7,038 | 6,320 | 5,948 |
| Other income, net | 34 | 0 | 608 | - |
| Loss before provision for income taxes | -54,027 | -11,277 | 62,495 | -17,866 |
| Provision for income taxes | 24 | 89 | 95 | 72 |
| Loss attributable to common stockholders | -54,051 | -11,366 | 62,400 | -17,938 |
| Loss per share attributable to common stockholders, basic (in dollars per share) | -0.47 | -0.1 | 0.56 | -0.16 |
| Loss per share attributable to common stockholders, diluted (in dollars per share) | -0.49 | -0.13 | -0.14 | -0.17 |
| Weighted-average shares used to compute net loss per share attributable to common stockholders, basic (in shares) | 115,893,232 | 114,044,057 | 112,038,075 | 109,016,060 |
| Weighted-average shares used to compute net loss per share attributable to common stockholders, diluted (in share) | 116,772,661 | 119,484,716 | 120,779,324 | 112,418,751 |
TheRealReal, Inc. (REAL)
TheRealReal, Inc. (REAL)