TheRealReal (REAL) revenue breakdown
By product, Consignment revenue is the largest at 77% of fiscal 2025 revenue; Direct revenue grew fastest, 22% a year over 8 years.
Revenue by product
Fiscal years, as TheRealReal reports them in its 10-K filings; fiscal 2025 total $693M.
| Products | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| Consignment revenue | $119M | $181M | $266M | $213M | $302M | $385M | $416M | $473M | $536M | 77% |
| Direct revenue | $18M | $33M | $51M | $53M | $121M | $159M | $79M | $65M | $91M | 13% |
| Shipping services revenue | — | — | — | $34M | $45M | $60M | $55M | $63M | $66M | 10% |
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Where does TheRealReal make its money?
In fiscal 2025, by product: Consignment revenue $536M, Direct revenue $91M, Shipping services revenue $66M.
From TheRealReal's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.