Evidence method
Level · gp.fundamentals.capex_revenue_ratio
2.69% · OPTIONAL · NOT_ENOUGH_HISTORY
GROSSPATTERN / FUNDAMENTAL STATE / POINT IN TIME
REAL · Dec 31, 2025
TheRealReal, Inc.. A multidimensional configuration derived from the filing available at this observation—never a composite score or recommendation.
STATE CAPABILITYLEVEL 3[email protected]
Inspectable configuration
State dimensions
Filing0001573221-26-000010General Corporate
Evidence method
Ratio · gp.fundamentals.operating_cash_flow + gp.fundamentals.revenue
5.34% · OPTIONAL · NOT_ENOUGH_HISTORY
Evidence method
Yoy · gp.fundamentals.revenue
15.38% · CORE · NOT_ENOUGH_HISTORY
Evidence method
Level · gp.fundamentals.inventory_revenue_ratio
4.45% · OPTIONAL · NOT_ENOUGH_HISTORY
Evidence method
Level · gp.fundamentals.gross_margin
74.59% · CORE · NOT_ENOUGH_HISTORY
Evidence method
Level · gp.fundamentals.operating_margin
-3.45% · CORE · NOT_ENOUGH_HISTORY
Evidence method
Level · gp.fundamentals.sbc_revenue_ratio
4.18% · OPTIONAL · NOT_ENOUGH_HISTORY
As-filed lineage
Fundamental state history
Each observation is tied to the filing and facts available at that report date. Amendments remain separate.
History8 statesHistory building
Period transition
What moved in the state?
- Previous
- 1.40%
- Current
- 2.69%
- Delta
- 1.29%
- Previous
- 11.14%
- Current
- 5.34%
- Delta
- -5.79%
- Previous
- 17.47%
- Current
- 15.38%
- Delta
- -2.09%
- Previous
- 17.11%
- Current
- 4.45%
- Delta
- -12.66%
- Previous
- 74.27%
- Current
- 74.59%
- Delta
- 0.32%
- Previous
- -4.35%
- Current
- -3.45%
- Delta
- 0.90%
- Previous
- 3.81%
- Current
- 4.18%
- Delta
- 0.37%
Self-history only
Previous similar states
Similarity compares compatible valid dimensions from this issuer's own point-in-time history. No market-return claim is attached.
Not enough compatible prior states for a transparent self-history match.
Research Graph
Related governed research
Transitioned To · REAL Fundamental State →Has State · TheRealReal, Inc. →Transitioned To · REAL Fundamental State →Transitioned To · REAL CAPEX_INTENSITY_INCREASED →Transitioned To · REAL CASH_GENERATION_DECREASED →Transitioned To · REAL GROWTH_DECREASED →Transitioned To · REAL INVENTORY_PRESSURE_DECREASED →Transitioned To · REAL MARGIN_INCREASED →Transitioned To · REAL PROFITABILITY_INCREASED →Transitioned To · REAL SBC_INTENSITY_INCREASED →
Method Percentiles and historical matches use only observations available at each point in time. Missing dimensions remain missing. Public price outcomes and cross-market analogues are deliberately absent.