Growth Metrics

TheRealReal (REAL) Cost of Revenue (2018 - 2025)

Historic Cost of Revenue for TheRealReal (REAL) over the last 8 years, with Q3 2025 value amounting to $44.7 million.

  • TheRealReal's Cost of Revenue rose 2054.69% to $44.7 million in Q3 2025 from the same period last year, while for Sep 2025 it was $169.1 million, marking a year-over-year increase of 1398.81%. This contributed to the annual value of $153.0 million for FY2024, which is 1159.54% down from last year.
  • As of Q3 2025, TheRealReal's Cost of Revenue stood at $44.7 million, which was up 2054.69% from $42.5 million recorded in Q2 2025.
  • TheRealReal's 5-year Cost of Revenue high stood at $68.1 million for Q1 2022, and its period low was $36.5 million during Q1 2024.
  • Its 5-year average for Cost of Revenue is $47.5 million, with a median of $42.5 million in 2025.
  • Per our database at Business Quant, TheRealReal's Cost of Revenue surged by 9281.34% in 2021 and then plummeted by 4079.78% in 2023.
  • Over the past 5 years, TheRealReal's Cost of Revenue (Quarter) stood at $64.5 million in 2021, then fell by 2.25% to $63.0 million in 2022, then tumbled by 40.8% to $37.3 million in 2023, then increased by 12.35% to $41.9 million in 2024, then increased by 6.49% to $44.7 million in 2025.
  • Its Cost of Revenue was $44.7 million in Q3 2025, compared to $42.5 million in Q2 2025 and $40.0 million in Q1 2025.