For the quarter ending 2026-03-31, REAL made $189,715K in revenue. $38,936K in net income. Net profit margin of 20.52%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total revenue | 189,715 | 194,051 | 173,573 | 165,188 |
| Service | 15,447 | 14,464* | 14,318 | 13,761 |
| Product | 20,284 | 21,282* | 18,130 | 17,185 |
| Shipping And Handling | 12,650 | 13,103* | 12,205 | 11,566 |
| Total cost of revenue | 48,381 | 48,848 | 44,653 | 42,512 |
| Restructuring charges | - | 0 | 0 | 0 |
| Gross profit | 141,334 | 145,203 | 128,920 | 122,676 |
| Marketing | 18,557 | 17,702 | 14,146 | 15,548 |
| Operations and technology | 72,719 | 69,249 | 70,703 | 68,986 |
| Selling, general and administrative | 52,332 | 51,980 | 51,621 | 48,027 |
| Total operating expenses | 143,608 | 138,931 | 136,470 | 132,561 |
| Gain from operations | -2,274 | 6,272 | -7,550 | -9,885 |
| Change in fair value of warrant liability | -47,335 | 38,881 | 43,928 | -4,537 |
| Gain on extinguishment of debt | 0 | 0 | 3,684 | 0 |
| Interest income | 1,001 | 956 | 818 | 1,109 |
| Interest expense | 7,221 | 7,258 | 7,085 | 7,038 |
| Other income, net | 203 | 284 | 34 | 0 |
| Income before provision for income taxes | 39,044 | -38,627 | -54,027 | -11,277 |
| Provision for income taxes | 108 | 155 | 24 | 89 |
| Net income attributable to common stockholders | 38,936 | -38,782 | -54,051 | -11,366 |
| Basic EPS | 0.33 | -0.33 | -0.47 | -0.1 |
| Diluted EPS | -0.07 | -0.356 | -0.49 | -0.13 |
| Basic Average Shares | 119,523,593 | 117,510,292 | 115,893,232 | 114,044,057 |
| Diluted Average Shares | 125,720,093 | 109,012,359 | 116,772,661 | 119,484,716 |
TheRealReal, Inc. (REAL)
TheRealReal, Inc. (REAL)