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Therealreal, Inc. revenue

Therealreal, Inc.'s revenue was $693m in fiscal 2025, up 15.4% on the year before. Since fiscal 2017 ($138m) it has grown at a compound 22.4% a year. Over the last twelve months it was $782m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Therealreal, Inc.: revenue history, annual
Fiscal year2017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue138214316300468603549600693782
Growth on the year before—+55.4%+48.0%−5.2%+55.9%+29.0%−9.0%+9.3%+15.4%—
Gross profit88137202188273349376448517584
Gross margin63.7%64.1%63.7%62.5%58.5%57.8%68.5%74.5%74.6%74.7%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Services $536M 77.3% ▲ 13.2%
Products $91.1M 13.1% ▲ 41.1%
Shipping and Handling $65.9M 9.5% ▲ 5.4%

From Therealreal, Inc.'s 10-K filed February 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Other Specialty Retail: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Therealreal, Inc. $782m 18.1% 11.4%
Betterware DE Mexico, S.a.p.i. DE C.v $743m -4.1% —
Warby Parker Inc. $912m 11.0% 12.9%
Build-a-bear Workshop Inc $518m -0.9% 2.6%
Sportsman's Warehouse Holdings, Inc. $1.22bn 0.8% -2.6%
Live Ventures Inc $434m -2.2% 10.1%

Compare with peers

Head to head: BWMX vs REALREAL vs WRBYBBW vs REAL

More: Other Specialty Retail stocks compared, Consumer Discretionary sector, rankings of US companies

Figures from Therealreal, Inc.'s SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Therealreal, Inc.