Growth Metrics

TheRealReal (REAL) Leases (2020 - 2025)

TheRealReal (REAL) has disclosed Leases for 6 consecutive years, with $64.6 million as the latest value for Q4 2025.

  • Quarterly Leases fell 14.62% to $64.6 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $64.6 million through Dec 2025, down 14.62% year-over-year, with the annual reading at $64.6 million for FY2025, 14.62% down from the prior year.
  • Leases hit $64.6 million in Q4 2025 for TheRealReal, down from $68.5 million in the prior quarter.
  • In the past five years, Leases ranged from a high of $146.9 million in Q3 2021 to a low of $64.6 million in Q4 2025.
  • Historically, Leases has averaged $104.1 million across 5 years, with a median of $92.8 million in 2023.
  • Biggest five-year swings in Leases: rose 27.68% in 2021 and later tumbled 32.89% in 2023.
  • Year by year, Leases stood at $145.3 million in 2021, then dropped by 11.94% to $128.0 million in 2022, then plummeted by 32.52% to $86.3 million in 2023, then decreased by 12.32% to $75.7 million in 2024, then dropped by 14.62% to $64.6 million in 2025.
  • Business Quant data shows Leases for REAL at $64.6 million in Q4 2025, $68.5 million in Q3 2025, and $70.4 million in Q2 2025.