TheRealReal (REAL) Accumulated Expenses (2018 - 2026)
TheRealReal (REAL) reported Accumulated Expenses of $108.89 million for Q3 2026, up 25.4% from $86.8 million a year earlier and up 14.5% from the prior quarter.
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Analysis
TheRealReal (REAL) Accumulated Expenses (2018 - 2026) Analysis & Trends
At the end of FY2025, TheRealReal posted Accumulated Expenses of $111.5 million, up 24.3% from FY2024.
- Accumulated Expenses has a five-year compound annual growth rate of 14.3% (FY2020 to FY2025).
- By year, Accumulated Expenses came in at $89.72 million in FY2024 (+16.3%), $77.12 million in FY2023 (-5.4%), $81.54 million in FY2022 (+14.8%) and $71.04 million in FY2021 (+24.5%).
- Five-year quarterly Accumulated Expenses spans a low of $61.84 million in Q2 2023 and a high of $111.5 million in Q4 2025.
- Year over year, Accumulated Expenses has now increased in each of the last 11 quarters, with growth averaging 19.8% over the last eight quarters.
- The high point for year-over-year Accumulated Expenses in five years was Q3 2026 (growth of 25.4%); the low point was Q3 2023 (a decline of 7.3%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $95.06 million (Q2 2026), $102.32 million (Q1 2026) and $111.5 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nike | 57.42 Bn | 23.62 Bn | 4.80 Bn |
| 2 | Tapestry | 26.82 Bn | 22.74 Bn | 1.49 Bn |
| 3 | Ralph Lauren | 24.00 Bn | 15.93 Bn | 1.63 Bn |
| 4 | Deckers Outdoor | 12.00 Bn | 5.20 Bn | 895.11 Mn |
| 5 | Lululemon Athletica | 11.76 Bn | 6.01 Bn | 1.46 Bn |
| 6 | Levi Strauss | 9.42 Bn | 6.00 Bn | 1.07 Bn |
| 7 | V F | 8.17 Bn | 4.76 Bn | 1.49 Bn |
| 8 | Crocs | 7.38 Bn | 6.78 Bn | 689.73 Mn |
| 9 | Birkenstock Holding | 6.85 Bn | 5.17 Bn | 493.89 Mn |
| 10 | TheRealReal | 1.83 Bn | 1.30 Bn | 154.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 108.89 Mn |
| Jun 30, 2026 | 95.06 Mn |
| Mar 31, 2026 | 102.32 Mn |
| Dec 31, 2025 | 111.50 Mn |
| Sep 30, 2025 | 86.80 Mn |
| Jun 30, 2025 | 76.01 Mn |
| Mar 31, 2025 | 82.28 Mn |
| Dec 31, 2024 | 89.72 Mn |
| Sep 30, 2024 | 73.24 Mn |
| Jun 30, 2024 | 65.47 Mn |
| Mar 31, 2024 | 75.80 Mn |
| Dec 31, 2023 | 77.12 Mn |
| Sep 30, 2023 | 66.53 Mn |
| Jun 30, 2023 | 61.84 Mn |
| Mar 31, 2023 | 72.11 Mn |
| Dec 31, 2022 | 81.54 Mn |
| Sep 30, 2022 | 71.77 Mn |
| Jun 30, 2022 | 64.44 Mn |
| Mar 31, 2022 | 68.65 Mn |
| Dec 31, 2021 | 71.04 Mn |
API Access
TheRealReal Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=REAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "REAL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=REAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();