Invesaro

Stocks Comparison

TheRealReal vs Winmark: revenue, profit, margins and growth compared

TheRealReal brought in $692.8M of revenue in fiscal 2025, Winmark $86.1M in fiscal 2025. Revenue changed by +15.4% at TheRealReal and +5.9% at Winmark on the year before, so TheRealReal grew faster. TheRealReal kept -6.0% of its revenue as net profit, Winmark 48.4%. Free cash flow was $18.4M at TheRealReal and $44.7M at Winmark.

Side by side, latest fiscal year

REALWINA
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 27, 2025)
Revenue$692.8M$86.1M
Revenue growth+15.4%+5.9%
Net income-$41.8M$41.7M
Net margin-6.0%48.4%
Free cash flow$18.4M$44.7M
Free cash flow margin2.7%51.9%
Earnings per share (diluted)-$0.70$11.30
Cash$151.2M$10.3M
Debtn/an/a
Price to earningsn/a26.2
Market value$1.1B$1.1B
Dividend yieldn/an/a
Rank by revenue in sector#519 of 778 · Consumer discretionary#697 of 778 · Consumer discretionary

Over the years

Revenue
REAL FY2019: $213.7MREAL FY2019: $316.4MREAL FY2020: $299.9MREAL FY2021: $467.7MREAL FY2022: $603.5MREAL FY2023: $549.3MREAL FY2024: $600.5MREAL FY2025: $692.8MWINA FY2018: $72.5MWINA FY2019: $73.3MWINA FY2020: $66.1MWINA FY2021: $78.2MWINA FY2022: $81.4MWINA FY2023: $83.2MWINA FY2024: $81.3MWINA FY2025: $86.1MFY18FY19FY20FY21FY22FY23FY24FY25
REAL $692.8MWINA $86.1M
Net income
REAL FY2019: -$75.8MREAL FY2019: -$98.4MREAL FY2020: -$175.8MREAL FY2021: -$236.1MREAL FY2022: -$196.4MREAL FY2023: -$168.5MREAL FY2024: -$134.2MREAL FY2025: -$41.8MWINA FY2018: $30.1MWINA FY2019: $32.1MWINA FY2020: $29.8MWINA FY2021: $39.9MWINA FY2022: $39.4MWINA FY2023: $40.2MWINA FY2024: $40MWINA FY2025: $41.7MFY18FY19FY20FY21FY22FY23FY24FY25
REAL -$41.8MWINA $41.7M
Net margin
REAL FY2019: -35.4%REAL FY2019: -31.1%REAL FY2020: -58.6%REAL FY2021: -50.5%REAL FY2022: -32.6%REAL FY2023: -30.7%REAL FY2024: -22.3%REAL FY2025: -6.0%WINA FY2018: 41.5%WINA FY2019: 43.9%WINA FY2020: 45.1%WINA FY2021: 51.0%WINA FY2022: 48.4%WINA FY2023: 48.3%WINA FY2024: 49.2%WINA FY2025: 48.4%FY18FY19FY20FY21FY22FY23FY24FY25
REAL -6.0%WINA 48.4%
Revenue growth
REAL FY2019: +48.0%REAL FY2020: -5.2%REAL FY2021: +55.9%REAL FY2022: +29.0%REAL FY2023: -9.0%REAL FY2024: +9.3%REAL FY2025: +15.4%WINA FY2019: +1.1%WINA FY2020: -9.9%WINA FY2021: +18.4%WINA FY2022: +4.1%WINA FY2023: +2.3%WINA FY2024: -2.3%WINA FY2025: +5.9%FY19FY20FY21FY22FY23FY24FY25
REAL +15.4%WINA +5.9%
Free cash flow
REAL FY2019: -$60.6MREAL FY2019: -$79.3MREAL FY2020: -$152.7MREAL FY2021: -$179.6MREAL FY2022: -$114.4MREAL FY2023: -$90.4MREAL FY2024: $12.6MREAL FY2025: $18.4MWINA FY2018: $34.2MWINA FY2019: $50.5MWINA FY2020: $43.2MWINA FY2021: $48.3MWINA FY2022: $43.7MWINA FY2023: $43.6MWINA FY2024: $42MWINA FY2025: $44.7MFY18FY19FY20FY21FY22FY23FY24FY25
REAL $18.4MWINA $44.7M

Fiscal years as each company reports them; the two may end in different months.

Questions about TheRealReal and Winmark

Which is bigger by revenue, TheRealReal or Winmark?

TheRealReal is bigger by revenue: $692.8M in fiscal 2025, against $86.1M for Winmark in fiscal 2025.

Which keeps more of its revenue as profit, TheRealReal or Winmark?

TheRealReal had a net margin of -6.0% in fiscal 2025; Winmark had 48.4% in fiscal 2025.

Which grew revenue faster, TheRealReal or Winmark?

In their latest fiscal years revenue changed by +15.4% at TheRealReal and +5.9% at Winmark.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

Compare more companies