TheRealReal (REAL) Research & Development (2018 - 2026)

TheRealReal has disclosed Research & Development across 9 years of filings, most recently posting $72.7 million for Q1 2026.

• Research & Development for Q1 2026 came in at $72.7 million, up 8.57% year-over-year; the trailing twelve-month figure through Mar 2026 was $281.7 million (up 6.35% YoY), and the FY2025 annual result was $275.9 million, up 5.79% from the prior year.
• Research & Development came in at $72.7 million for Q1 2026 at TheRealReal, up from $69.2 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $72.7 million in Q1 2026 to a low of $61.0 million in Q3 2023.
• The 5-year median for Research & Development is $67.1 million (2022), against an average of $67.4 million.
• Across the five-year window, Research & Development gained 29.2% in 2022 and fell 13.77% in 2023, its largest moves.
• TheRealReal's Research & Development stood at $71.5 million in 2022, then slipped by 12.7% to $62.4 million in 2023, then gained by 6.15% to $66.2 million in 2024, then rose by 4.55% to $69.2 million in 2025, then advanced by 5.01% to $72.7 million in 2026.
• The last three Research & Development figures came in at $72.7 million (Q1 2026), $69.2 million (Q4 2025), and $70.7 million (Q3 2025), per Business Quant data.