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TheRealReal, Inc. (REAL) — benchmarks from SEC filings

Latest fiscal year 2025 · computed deterministically from XBRL 10-K data · coverage 100%

$693MRevenue FY2025
15.4%Revenue growth
-3.5%Operating margin
-6.0%Net margin
2.7%FCF margin

In fiscal 2025, TheRealReal, Inc. reported revenue of $693M, up 15.4% year over year. Operating margin was -3.5% and net margin -6.0%, on a free-cash-flow margin of 2.7% with capital expenditure at 2.7% of revenue. Every figure is computed directly from REAL's SEC XBRL 10-K filing — deterministic, with no estimates.

Fiscal yearRevenueOp marginNet margin
FY2025$693M-3.5%-6.0%
FY2024$600M-9.4%-22.3%
FY2023$549M-30.3%-30.7%
FY2022$603M-31.3%-32.6%
FY2021$468M-46.0%-50.5%

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Source: SEC EDGAR XBRL (10-K filings), latest filed values. "n/a" = not disclosed under mapped tags — never estimated. Informational benchmarking, not investment advice. © CompsDesk / Sam Arora.