REAL (The RealReal) Gross Profit: $558.7 Mil (TTM As of Jun. 2026)

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REAL The RealReal Inc REAL
58 GF Score
Price $11.41
GF Value $6.18
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is The RealReal Gross Profit?

The RealReal REAL +4.25% 58 Gross Profit is $558.7 Mil as of Jun. 2026. GuruFocus rates REAL with a GF Score™ of 58/100 and a GF Value™ of $6.18 (Significantly Overvalued). The stock has 4 warning signs investors should review.

The RealReal's gross profit for the three months ended in Jun. 2026 was $143.2 Mil. The RealReal's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was $558.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. The RealReal's gross profit for the three months ended in Jun. 2026 was $143.2 Mil. The RealReal's Revenue for the three months ended in Jun. 2026 was $192.6 Mil. Therefore, The RealReal's Gross Margin % for the quarter that ended in Jun. 2026 was 74.36%.

The RealReal had a gross margin of 74.36% for the quarter that ended in Jun. 2026 => Durable competitive advantage

During the past 9 years, the highest Gross Margin % of The RealReal was 74.59%. The lowest was 57.78%. And the median was 63.73%.


The RealReal  (NAS:REAL) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

The RealReal had a gross margin of 74.36% for the quarter that ended in Jun. 2026 => Durable competitive advantage


The RealReal Gross Profit Related Terms


The RealReal Gross Profit Historical Data

* Premium members only.

The historical data trend for The RealReal's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The RealReal Gross Profit Chart

The RealReal Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only 273.48 348.69 376.28 447.52 516.82

The RealReal Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 122.68 128.92 145.20 141.33 143.20

REAL vs CPRI, MOV, ELA: Gross Profit Comparison

For the Luxury Goods subindustry, The RealReal's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The RealReal Gross Profit vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, The RealReal's Gross Profit distribution charts can be found below:

* The bar in red indicates where The RealReal's Gross Profit falls into.


REAL
58GF Score
The RealReal Inc REAL
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The RealReal Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

The RealReal's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=692.845 - 176.023
=516.8

The RealReal's Gross Profit for the quarter that ended in Jun. 2026 is calculated as

Gross Profit (Q: Jun. 2026 )=Revenue - Cost of Goods Sold
=192.571 - 49.369
=143.2

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $558.7 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

The RealReal's Gross Margin % for the quarter that ended in Jun. 2026 is calculated as

Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=143.2 / 192.571
=74.36 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $558.7 Mil mean?
The RealReal (REAL) has a Gross Profit of $558.7 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on The RealReal and its competitors.
Is The RealReal's Gross Profit too high?
The RealReal's current Gross Profit is $558.7 Mil. Overall, The RealReal has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The RealReal's Gross Profit compare to CPRI and MOV?
The RealReal's Gross Profit of $558.7 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Retail - Cyclical company?
A good Gross Profit depends on the Retail - Cyclical industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on The RealReal and its competitors. The RealReal's current Gross Profit is $558.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The RealReal stock overvalued right now?
Based on GuruFocus' analysis, The RealReal (REAL) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.18, compared to a current price of $11.41 — trading 84.5% above its estimated fair value. The current Gross Profit is $558.7 Mil. The RealReal's overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For The RealReal (REAL), the current Gross Profit is $558.7 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The RealReal (REAL) Overvalued in 2026?

Based on GuruFocus' analysis, The RealReal stock appears to be overvalued. The current stock price of $11.41 is trading 84.5% above its estimated GF Value™ of $6.18. GuruFocus considers The RealReal to be Significantly Overvalued.

Key valuation signals for REAL:

  • Gross Profit: $558.7 Mil
  • GF Value™: $6.18 vs. price of $11.41 (84.5% above fair value)
  • GF Score™: 58/100 with 4 warning signs

No single metric tells the full story. See the REAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The RealReal Business Description

Other Exchanges 6RR:Germany
Address 55 Francisco Street, Suite 150, San Francisco, CA, USA, 94133
The RealReal Inc is an online marketplace for authenticated, resale luxury goods, providing an end-to-end service that unlocks supply and creates a trusted, curated marketplace for buyers globally. Since its inception, the company has cultivated a loyal and engaged consignor and buyer base through continuous investment in its technology platform, logistics infrastructure, brand and people. It offers a wide selection of authenticated, mainly pre-owned luxury goods bearing the brands of thousands of luxury and premium designers, including Cartier, Chanel, Christian Dior, Gucci, Hermes, Louis Vuitton and Rolex. The company offers products across women's fashion, men's fashion, jewelry, and watches, promoting the recirculation of luxury goods and contributing to a more sustainable world.
58GF Score

Get the complete analysis for REAL

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.41
Price
$6.18
GF Value