Growth Metrics

TheRealReal (REAL) Convertible Debt (2018 - 2026)

TheRealReal recorded quarterly Convertible Debt of $231.2 million in Q1 2026, little changed quarter-over-quarter from $230.8 million in Q4 2025, and down 1.52% year-over-year from $234.7 million in Q1 2025.

TheRealReal's Convertible Debt history runs 8 years deep, the most recent figure standing at $231.2 million for Q1 2026.

  • In Q1 2026, Convertible Debt fell 1.52% year-over-year to $231.2 million; the TTM figure through Mar 2026 stood at $231.2 million (down 1.52% YoY), while the FY2025 annual figure was $230.8 million, down 16.61% from the prior year.
  • Convertible Debt came in at $231.2 million for Q1 2026 at TheRealReal, roughly flat from $230.8 million in the prior quarter.
  • In the past five years, Convertible Debt ranged from a high of $452.4 million in Q4 2023 to a low of $230.5 million in Q3 2025.
  • A 5-year average of $346.7 million and a median of $302.3 million in 2024 frame the typical range for Convertible Debt.
  • Across the five-year window, Convertible Debt soared 33.19% in 2022 and plunged 38.82% in 2024, its largest moves.
  • TheRealReal's Convertible Debt stood at $449.8 million in 2022, then rose by 0.57% to $452.4 million in 2023, then tumbled by 38.82% to $276.8 million in 2024, then slipped by 16.61% to $230.8 million in 2025, then rose by 0.14% to $231.2 million in 2026.
  • According to Business Quant data, Convertible Debt over the past three periods registered $231.2 million, $230.8 million, and $230.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Tapestry 28.43 Bn 27.36 Bn 1.48 Bn
2 Signet Jewelers 3.51 Bn 2.64 Bn 985.10 Mn
3 Capri Holdings 2.21 Bn 2.06 Bn 623.00 Mn
4 TheRealReal 1.15 Bn 1.03 Bn 141.33 Mn
5 Movado 835.22 Mn 606.10 Mn 103.63 Mn
6 Envela 620.27 Mn 581.65 Mn 20.62 Mn
7 Brilliant Earth 19.84 Mn 21.09 Mn 54.07 Mn
8 Lanvin Group Holdings 223,892.13 -35.01 Mn -
9 LuxExperience B.V 16,823.61 -364.20 Mn 329.37 Mn
10 AsiaStrategy - - -

Historic Data

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DateValue
Mar 31, 2026 231.16 Mn
Dec 31, 2025 230.83 Mn
Sep 30, 2025 230.46 Mn
Jun 30, 2025 235.10 Mn
Mar 31, 2025 234.72 Mn
Dec 31, 2024 276.81 Mn
Sep 30, 2024 276.48 Mn
Jun 30, 2024 276.16 Mn
Mar 31, 2024 302.32 Mn
Dec 31, 2023 452.42 Mn
Sep 30, 2023 451.77 Mn
Jun 30, 2023 451.13 Mn
Mar 31, 2023 450.48 Mn
Dec 31, 2022 449.85 Mn
Sep 30, 2022 448.95 Mn
Jun 30, 2022 448.31 Mn
Mar 31, 2022 447.65 Mn
Dec 31, 2021 348.38 Mn
Sep 30, 2021 344.25 Mn
Jun 30, 2021 340.19 Mn
Mar 31, 2021 336.11 Mn
Dec 31, 2020 149.19 Mn
Sep 30, 2020 148.06 Mn
Jun 30, 2018 14.60 Mn