TheRealReal, Inc.
Close on Oct 19, 2026
- Market cap
- $1.26B
- P/E (TTM)
- –
- Dividend yield
- –
About TheRealReal
Retail-Miscellaneous Retail, SIC 5900
The RealReal operates an online marketplace and retail locations for authenticated, pre-owned luxury merchandise. The platform offers products across categories such as women's and men's apparel, fine jewelry, and watches, sourcing items from individual and commercial consignors. Through its multi-channel model, the company provides authentication services, item pricing, and sales fulfillment, serving both buyers seeking curated designer goods and consignors monetizing secondary luxury assets.
In addition to its digital marketplace and mobile app, the company maintains retail operations comprising neighborhood stores and larger flagship locations in San Francisco, Los Angeles, and New York. Inventory authentication and processing occur through specialized authentication centers. The company is incorporated in Delaware and maintains its principal executive offices in San Francisco, California.
Summary of the business section of TheRealReal's latest annual report, written by StockData.
Company profile
Company
- Legal name
- TheRealReal, Inc.
- Founded
- 2011
- Headquarters
- San Francisco, CA
- Address
- 55 Francisco Street, Suite 400 94133
- Phone
- (800) 215-0566
- Website
- therealreal.com
- Employees
- 3,140, Dec 31, 2025
- Industry
- Retail-Miscellaneous Retail
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, San Francisco, CA
Stock & identifiers
- Ticker
- REAL
- Exchange
- Nasdaq
- IPO date
- Jun 28, 2019
- Shares outstanding
- 122M, Jul 31, 2026
- Public float
- $502.84M, Jun 30, 2025
- Filer category
- Accelerated filer
- SEC CIK
- 1573221
- CUSIP
- 88339P101
- ISIN
- US88339P1012
- LEI
- 549300O00VUGT4H1PE90
- EIN
- 45-1234222
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Levesque Rati Sahi | Chief Executive Officer | 1,573,205 |
| Todd A. Suko | Chief Legal Officer and Secret | 594,569 |
| Steve Ming Lo | Chief Accounting Officer | 187,302 |
| Gopal Ajay Madan | Chief Financial Officer | 1,132,441 |
| Luke Thomas Friang | Chief Product & Tech Officer | 519,677 |
| Chatelle Aileen Lynch | Chief People Officer | 613,577 |
| Karen Katz | Director | 253,883 |
| Robert J. Krolik | Director | 205,507 |
| Mark McCaffrey | Director | 27,755 |
| James R. Miller | Director | 198,066 |
| Jennifer McKeehan | Director | 18,397 |
| Caretha Coleman | Director | 265,933 |
| Niki Leondakis | Director | 207,489 |
| Gilbert L. Baird III | Director | 26,025 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 MS.Rati Sahi Levesque | $2.12M | $13.04M | $2.52M | $81 | $144 |
| FY2024 MR.John Koryl | $2.46M | -$1.67M | $2.42M | $56 | $133 |
| FY2024 MR.Robert Julian | $327.23K | $327.23K | $2.42M | $56 | $133 |
| FY2024 MS.Rati Sahi Levesque | $11.50M | $39.90M | $2.42M | $56 | $133 |
| FY2023 MR.John Koryl | $4.43M | $5.24M | $1.34M | $10 | $119 |
| FY2023 MR.Robert Julian | $2.05M | $1.45M | $1.34M | $10 | $119 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 3,140 full-time equivalent employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jun 22, 2020 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Jun 28, 2019 | IPO | Initial public offering priced (424B4 prospectus) |
| Jun 21, 2019 | Listing | Registration of securities on an exchange (Form 8-A) |