TheRealReal (REAL) Operating Leases (2020 - 2026)

TheRealReal has disclosed Operating Leases across 7 years of filings, most recently posting $66.8 million for Q1 2026.

• Operating Leases for Q1 2026 came in at $66.8 million, down 19.07% year-over-year; the trailing twelve-month figure through Mar 2026 was $66.8 million (down 19.07% YoY), and the FY2025 annual result was $66.8 million, down 22.14% from the prior year.
• Operating Leases came in at $66.8 million for Q1 2026 at TheRealReal, roughly flat from $66.8 million in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $153.0 million in Q2 2022 to a low of $66.8 million in Q1 2026.
• The 5-year median for Operating Leases is $113.8 million (2024), against an average of $109.6 million.
• Across the five-year window, Operating Leases rose 9.75% in 2022 and plunged 35.45% in 2025, its largest moves.
• TheRealReal's Operating Leases stood at $125.1 million in 2022, then retreated by 16.19% to $104.9 million in 2023, then dropped by 18.18% to $85.8 million in 2024, then dropped by 22.14% to $66.8 million in 2025, then slipped by 0.0% to $66.8 million in 2026.
• The last three Operating Leases figures came in at $66.8 million (Q1 2026), $66.8 million (Q4 2025), and $97.0 million (Q3 2025), per Business Quant data.