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TheRealReal, Inc. (REAL) stock

REALNasdaqRetail-Miscellaneous RetailFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 5/30
$14.53+0.22 (+1.54%)

Close on Nov 13, 2026Market cap $1.81BP/E –Yield –

TheRealReal gross margin

Gross margin is gross profit as a percentage of revenue.

TheRealReal's gross margin for the twelve months ending Sep 30, 2026 was 74.7%. For fiscal 2025 it was 74.6%, against 74.5% the year before. The highest annual figure on record is 74.6% in fiscal 2025.

Annual gross margin

PeriodPeriod endValueChange (pts)
FY2025Dec 31, 202574.6%+0.1
FY2024Dec 31, 202474.5%+6.0
FY2023Dec 31, 202368.5%+10.7
FY2022Dec 31, 202257.8%−0.7
FY2021Dec 31, 202158.5%−4.1
FY2020Dec 31, 202062.5%−1.2
FY2019Dec 31, 201963.7%−0.4
FY2018Dec 31, 201864.1%+0.3
FY2017Dec 31, 201763.7%–

Quarterly gross margin

Change is against the same quarter a year earlier.

PeriodPeriod endValueChange (pts)
Q3 FY2026Sep 30, 202674.9%+0.6
Q2 FY2026Jun 30, 202674.4%+0.1
Q1 FY2026Mar 31, 202674.5%−0.5
Q4 FY2025Dec 31, 202574.8%+0.4
Q3 FY2025Sep 30, 202574.3%−0.7
Q2 FY2025Jun 30, 202574.3%+0.1
Q1 FY2025Mar 31, 202575.0%+0.4
Q4 FY2024Dec 31, 202474.4%+0.5
Q3 FY2024Sep 30, 202474.9%+4.3
Q2 FY2024Jun 30, 202474.1%+8.3
Q1 FY2024Mar 31, 202474.6%+11.2
Q4 FY2023Dec 31, 202374.0%+13.5
Q3 FY2023Sep 30, 202370.6%+10.5
Q2 FY2023Jun 30, 202365.9%+9.1
Q1 FY2023Mar 31, 202363.4%+9.8
Q4 FY2022Dec 31, 202260.5%+5.0
Q3 FY2022Sep 30, 202260.1%+0.3
Q2 FY2022Jun 30, 202256.8%−3.7
Q1 FY2022Mar 31, 202253.6%−5.4
Q4 FY2021Dec 31, 202155.6%−5.9
Q3 FY2021Sep 30, 202159.8%−3.8
Q2 FY2021Jun 30, 202160.4%−1.8
Q1 FY2021Mar 31, 202159.0%−3.7
Q4 FY2020Dec 31, 202061.5%−4.6
Q3 FY2020Sep 30, 202063.7%−0.4
Q2 FY2020Jun 30, 202062.3%−1.5
Q1 FY2020Mar 31, 202062.8%+2.7
Q4 FY2019Dec 31, 201966.1%+4.5
Q3 FY2019Sep 30, 201964.1%−0.2
Q2 FY2019Jun 30, 201963.8%−1.7
Q1 FY2019Mar 31, 201960.0%–
Q4 FY2018Dec 31, 201861.7%–
Q3 FY2018Sep 30, 201864.3%–
Q2 FY2018Jun 30, 201865.5%–

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