TheRealReal, Inc.
REAL- Exchange
- Nasdaq
- Industry
- Retail-Miscellaneous Retail
- SEC CIK
- 0001573221
In the last 90 days, TheRealReal, Inc. insiders filed 0 open-market purchases and 5 sales; 253 institutions reported holding it in 13F filings for Q2 2026, worth $1.33B in total; no superinvestor holds it.
Key figures
- Market capClose on Nov 11, 2026
- $1.81B
- Insider buysOpen market, last 90 days
- 0
- Insider sellsLast 90 days, $1.90M in total
- 5
- 13F holdersQ2 2026, +7 vs. previous quarter
- 253
- 13F valueReported value at the end of Q2 2026
- $1.33B
- Superinvestors holdingAt the end of Q2 2026
- 0
Price chart
Financials
See financial statementsFrom SEC filings, in USD.
- Revenue, FY2025
- $692.8M
- +15.4% year over year
- Net income, FY2025
- -$41.8M
- No comparable prior period
- Free cash flow, FY2025
- $18.4M
- +45.8% year over year
- Revenue, Q3 FY2026
- $206.1M
- +18.7% year over year
Revenue flow, FY2025
Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue.
Net loss for FY2025: $41.8M (6.0% of revenue).
Short interest
See short dataFrom FINRA, settlement date Oct 30, 2026.
- Short interest
- 17.7M
- Shares sold short
- Change
- +181.8K
- +1.0% vs. previous
- Days to cover
- 3.99
- At average daily volume
Superinvestors holding REAL, Q2 2026
Go to the superinvestors tabNo superinvestor reported holding REAL at the end of Q2 2026.
Latest insider trades
See all insider tradesOpen-market purchases and sales by TheRealReal, Inc. insiders from Form 4, newest first.
| Filed (ET) | Trade date | Filing delay | Insider | Transaction | Shares | Avg price | Value | Holding change | Flags |
|---|---|---|---|---|---|---|---|---|---|
| Aug 24, 2026 (view filing)4:29 PM ET | Aug 21 | 3 days | Madan Gopal AjayChief Financial Officer | SSale | −36.4K | $10.98 | −$399.9K | −3.2%1.11M after | 3 lots |
| Aug 24, 2026 (view filing)4:28 PM ET | Aug 21 | 3 days | Friang Luke ThomasChief Product & Tech Officer | SSale | −22.0K | $10.98 | −$241.9K | −4.2%508.6K after | 4 lots |
| Aug 24, 2026 (view filing)4:28 PM ET | Aug 21 | 3 days | Lo Steve MingChief Accounting Officer | SSale | −12.6K | $10.97 | −$137.8K | −6.6%176.9K after | 3 lots |
| Aug 24, 2026 (view filing)4:26 PM ET | Aug 21 | 3 days | Suko Todd AChief Legal Officer and Secret | SSale | −17.6K | $10.97 | −$192.8K | −2.9%587.9K after | 3 lots |
| Aug 24, 2026 (view filing)4:25 PM ET | Aug 21 | 3 days | Sahi Levesque RatiChief Executive Officer | SSale | −84.4K | $10.98 | −$927.1K | −5.3%1.50M after | 3 lots |
| May 22, 2026 (view filing) | May 21 | 1 day | Madan Gopal AjayChief Financial Officer | SSale | −35.0K | $9.25 | −$324.0K | −3.0%1.15M after | 3 lots |
| May 22, 2026 (view filing) | May 21 | 1 day | Lo Steve MingChief Accounting Officer | SSale | −12.1K | $9.25 | −$111.7K | −6.0%189.5K after | 3 lots |
| May 22, 2026 (view filing) | May 21 | 1 day | Sahi Levesque RatiChief Executive Officer | SSale | −81.2K | $9.25 | −$751.0K | −4.9%1.58M after | 3 lots |
| May 22, 2026 (view filing) | May 21 | 1 day | Friang Luke ThomasChief Product & Tech Officer | SSale | −21.2K | $9.25 | −$195.9K | −3.8%530.7K after | 4 lots |
| May 22, 2026 (view filing) | May 21 | 1 day | Suko Todd AChief Legal Officer and Secret | SSale | −17.4K | $9.25 | −$160.5K | −2.8%605.4K after | 3 lots |
Top 10 13F holders, Q2 2026
See all 253 holdersThe largest institutional positions in TheRealReal, Inc. at the end of Q2 2026; share changes are against Q1 2026.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 11,408,817 | $134.5M | 0.00% | +2,297,559+25.2% | Added |
| Divisadero Street Capital Management, LP | 9,198,248 | $108.4M | 2.53% | +4,855,491+111.8% | Added |
| FMR LLC | 5,045,191 | $59.5M | 0.00% | −5,872,562−53.8% | Reduced |
| D. E. Shaw & Co., Inc. | 4,881,501 | $57.6M | 0.04% | +497,704+11.4% | Added |
| Vanguard Capital Management LLC | 4,713,711 | $55.6M | 0.00% | +171,161+3.8% | Added |
| Two Sigma Investments, LP | 3,996,366 | $47.1M | 0.04% | −472,981−10.6% | Reduced |
| Arrowstreet Capital, Limited Partnership | 3,936,756 | $46.4M | 0.02% | −112,286−2.8% | Reduced |
| American Century Companies Inc | 3,718,683 | $43.8M | 0.02% | +724,209+24.2% | Added |
| Woodson Capital Management, LP | 3,300,000 | $38.9M | 6.51% | +630,580+23.6% | Added |
| State Street Corp | 3,161,327 | $37.3M | 0.00% | +373,918+13.4% | Added |
Holders of 5% or more of REAL
See all 2 holders and filingsHolders whose latest Schedule 13D or 13G filing reports 5% or more of TheRealReal, Inc..
| Holder | Latest form | Stake | Change | First filed | Latest filing | Filing |
|---|---|---|---|---|---|---|
| BlackRock, Inc. | 13G/A | 7.90%9.48M shares | – | Oct 22, 20243 filings | Jul 30, 2026 | SEC |
| Divisadero Street Capital Management, LP | 13G | 7.60%9.20M shares | New | Jun 30, 20261 filing | Jun 30, 2026 | SEC |