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REAL TheRealReal, Inc.

Trailing twelve months to 2026-06-30 · as filed 2026-08-06, not restated
Consumer Disc

Scale

Market cap
$1.4bn
Revenue TTM
$750m
Net income TTM
$-81m
Free cash flow
$36m
Composite score
Sector rank
#1860

Valuation

P / E
EV / EBITDA
46.5
EV / sales
1.6
FCF yield
2.68%
Earnings yield vs 10-yr
-10.73pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
-10.8%
EBITDA margin
3.5%
ROE
21.5%
ROIC
Revenue growth
17.7%

Insider activity, last 90 days

Net open-market
$-1.90m
Buyers
0
Sellers
5

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

The decrease in our take rate was due to sales mix into higher value items. When we accept out of policy returns from buyers, or when we make direct purchases from businesses and consignors, we take ownership of goods and retain 100% of the proceeds when the goods subsequently sell through our online marketplace or retail stores. • Shipping services revenue. Our growth has been driven in significant part by repeat sales by existing consignors concurrent with growth of our consignor base. …TheRealReal, Inc., 10-Q, period ended 2026-06-30, filed 2026-08-06

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