TheRealReal, Inc. (REAL)

9.86USD -1.99% (-0.20)

Over 1M: -19.8%

Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles and bars need the day’s open, high and low, and need room to be drawn in: past about a year of trading a body is thinner than a hairline, so those three offer the longest window that fits instead.

10 11 12
7 Aug 12 Aug 17 Aug 20 Aug 25 Aug 28 Aug 2 Sep

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '21 — Gross Profit: 71.1M Q3 '21 — Operating Income: -51.2M Q3 '21 — Free Cash Flow: -44.7M Q4 '21 — Gross Profit: 80.6M Q4 '21 — Operating Income: -46.2M Q4 '21 — Free Cash Flow: -25.9M Q1 '22 — Gross Profit: 78.6M Q1 '22 — Operating Income: -54.7M Q1 '22 — Free Cash Flow: -54.5M Q2 '22 — Gross Profit: 87.7M Q2 '22 — Operating Income: -51M Q2 '22 — Free Cash Flow: -43M Q3 '22 — Gross Profit: 85.8M Q3 '22 — Operating Income: -45.5M Q3 '22 — Free Cash Flow: -14.2M Q4 '22 — Gross Profit: 96.6M Q4 '22 — Operating Income: -37.9M Q4 '22 — Free Cash Flow: -2.8M Q1 '23 — Gross Profit: 90M Q1 '23 — Operating Income: -81.8M Q1 '23 — Free Cash Flow: -42.1M Q2 '23 — Gross Profit: 86.2M Q2 '23 — Operating Income: -40.9M Q2 '23 — Free Cash Flow: -38.5M Q3 '23 — Gross Profit: 94.1M Q3 '23 — Operating Income: -22.5M Q3 '23 — Free Cash Flow: -16.7M Q4 '23 — Gross Profit: 106M Q4 '23 — Operating Income: -21.1M Q4 '23 — Free Cash Flow: 6.9M Q1 '24 — Gross Profit: 107.3M Q1 '24 — Operating Income: -17.9M Q1 '24 — Free Cash Flow: -5.6M Q2 '24 — Gross Profit: 107.5M Q2 '24 — Operating Income: -18.8M Q2 '24 — Free Cash Flow: -9.8M Q3 '24 — Gross Profit: 110.7M Q3 '24 — Operating Income: -14.6M Q3 '24 — Free Cash Flow: 5M Q4 '24 — Gross Profit: 122.1M Q4 '24 — Operating Income: -5.2M Q4 '24 — Free Cash Flow: 22.9M Q1 '25 — Gross Profit: 120M Q1 '25 — Operating Income: -12.8M Q1 '25 — Free Cash Flow: -33M Q2 '25 — Gross Profit: 122.7M Q2 '25 — Operating Income: -9.9M Q2 '25 — Free Cash Flow: -11.4M Q3 '25 — Gross Profit: 128.9M Q3 '25 — Operating Income: -7.5M Q3 '25 — Free Cash Flow: 16.9M Q4 '25 — Gross Profit: 145.2M Q4 '25 — Operating Income: 6.3M Q4 '25 — Free Cash Flow: 45.8M Q1 '26 — Gross Profit: 141.3M Q1 '26 — Operating Income: -2.3M Q1 '26 — Free Cash Flow: -24.1M Q2 '26 — Gross Profit: 143.2M Q2 '26 — Operating Income: -2.3M Q2 '26 — Free Cash Flow: -2.4M -50M 0 50M 100M 150M
Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26
Gross Profit Operating Income Free Cash Flow

How it scores

For a valuation multiple, the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

3.2
OE margin 1.2%
Oper. margin -0.78%
Accruals -35.7%
Gross margin 74.5%
FCF margin 4.8%
OCF margin 7.2%
Profit margin -10.8%
ROA -21.4%
ROCE -4.0%
OCF / EBIT —
ROE —
ROIC —

4 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

6.0
EV/Sales 1.7×
EV/OE 145.9×
EV/GP 2.3×
P/C 10.1×
FCF yield 3.0%
Div. yield —
EV/EBIT —
Fwd P/E —
P/B —
P/E —
PEG —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

1.9
RPO / sales 0.0097×
RPO growth —
Segment HHI —

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

1.3
ND/EBITDA -0.086
Current ratio 0.85×
Cash / Debt 0.51×
Debt payback 3.1 yr
F-score 5.6 pts
Quick ratio 0.68×
Cash runway —
Debt / Eq —
Equity / Assets —
Net debt / Eq —
Payout —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

5.5
Sales CAGR 4Y +10.3%
Sales/sh Y/Y +9.0%
Sales Q/Q +16.6%
Div. growth —
EBIT CAGR —
EBIT Y/Y —
EPS CAGR 4Y —
EPS Y/Y —
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.