TheRealReal, Inc. Operating Income

Quick Answer

TheRealReal, Inc. reported Operating Income of -$23.93 million for fiscal year 2025.

TheRealReal, Inc. Operating Income — Annual History

Fiscal Year Operating Income YoY Change
2025 -$23.93M +57.6%
2024 -$56.49M +66.0%
2023 -$166.29M +12.1%
2022 -$189.16M +12.0%
2021 -$214.91M -24.4%
2020 -$172.82M -72.6%
2019 -$100.11M -35.5%
2018 -$73.90M -42.7%
2017 -$51.78M

Quarterly Operating Income

Quarter Ending Operating Income YoY QoQ
September 30, 2025 -$7.55M +48.3% +23.6%
June 30, 2025 -$9.88M +47.4% +22.6%
March 31, 2025 -$12.77M +28.8% +12.5%
September 30, 2024 -$14.60M +35.1% +22.3%
June 30, 2024 -$18.80M +54.1% -4.8%
March 31, 2024 -$17.94M +78.1% +20.2%
September 30, 2023 -$22.49M +50.6% +45.1%
June 30, 2023 -$40.94M +19.7% +49.9%
  • TheRealReal, Inc. showed an increase of +57.6% in Operating Income compared to the prior fiscal year.
  • Over the 2017–2025 period, TheRealReal, Inc.’s operating income has grown by 53.8% (from -$51.78 million to -$23.93 million).
  • The most recent figure is from TheRealReal, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 26, 2026.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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