TheRealReal (REAL) Cost of Revenue (2018 - 2026)

TheRealReal has reported Cost of Revenue for 9 years, with the latest figure at $48.4 million in Q1 2026.

• Quarterly Cost of Revenue rose 205.15% year-over-year to $48.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $95.8 million (up 780.22% YoY) and the FY2025 annual result came in at $63.3 million, up 14.47% from the prior year.
• Cost of Revenue climbed to $48.4 million in Q1 2026 per REAL's latest filing, from $17.7 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $63.0 million in Q4 2022 and troughed at -$55.8 million in Q4 2024.
• A 5-year average of $23.5 million and a median of $17.0 million in 2022 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2022 and 2024: Cost of Revenue jumped 262.4% in 2022, then tumbled 503.73% in 2024.
• Over 5 years, Cost of Revenue stood at $63.0 million in 2022, then plunged by 78.09% to $13.8 million in 2023, then sank by 503.73% to -$55.8 million in 2024, then surged by 131.74% to $17.7 million in 2025, then jumped by 173.31% to $48.4 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $48.4 million, $17.7 million, and $14.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.