Growth Metrics

TheRealReal (REAL) Operating Expenses (2018 - 2025)

Historic Operating Expenses for TheRealReal (REAL) over the last 8 years, with Q3 2025 value amounting to $136.5 million.

  • TheRealReal's Operating Expenses rose 890.16% to $136.5 million in Q3 2025 from the same period last year, while for Sep 2025 it was $529.0 million, marking a year-over-year increase of 498.74%. This contributed to the annual value of $504.0 million for FY2024, which is 710.6% down from last year.
  • Per TheRealReal's latest filing, its Operating Expenses stood at $136.5 million for Q3 2025, which was up 890.16% from $132.6 million recorded in Q2 2025.
  • Over the past 5 years, TheRealReal's Operating Expenses peaked at $171.8 million during Q1 2023, and registered a low of $111.1 million during Q1 2021.
  • Moreover, its 5-year median value for Operating Expenses was $127.2 million (2024), whereas its average is $130.2 million.
  • Per our database at Business Quant, TheRealReal's Operating Expenses soared by 6282.5% in 2021 and then plummeted by 2710.51% in 2024.
  • TheRealReal's Operating Expenses (Quarter) stood at $126.8 million in 2021, then rose by 6.11% to $134.6 million in 2022, then fell by 5.53% to $127.1 million in 2023, then increased by 0.08% to $127.2 million in 2024, then rose by 7.27% to $136.5 million in 2025.
  • Its last three reported values are $136.5 million in Q3 2025, $132.6 million for Q2 2025, and $132.8 million during Q1 2025.