TheRealReal (REAL) Convertible Debt (2018 - 2026)

TheRealReal's (REAL) quarterly Convertible Debt came in at $231.2 million in Q1 2026, down 1.52% year-on-year from $234.7 million in Q1 2025, and little changed quarter-over-quarter from $230.8 million in Q4 2025.

TheRealReal (REAL) Convertible Debt (2018 - 2026) Analysis & Trends

TheRealReal has disclosed Convertible Debt across 8 years of filings, most recently posting $231.2 million for Q1 2026.

  • Convertible Debt for Q1 2026 came in at $231.2 million, down 1.52% year-over-year; the trailing twelve-month figure through Mar 2026 was $231.2 million (down 1.52% YoY), and the FY2025 annual result 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.
  • The 5-year median for Convertible Debt is $302.3 million (2024), against an average of $346.7 million.
  • Across the five-year window, Convertible Debt surged 33.19% in 2022 and sank 38.82% in 2024, its largest moves.
  • TheRealReal's Convertible Debt stood at $449.8 million in 2022, then increased by 0.57% to $452.4 million in 2023, then plunged by 38.82% to $276.8 million in 2024, then decreased by 16.61% to $230.8 million in 2025, then increased by 0.14% to $231.2 million in 2026.
  • The last three Convertible Debt figures came in at $231.2 million (Q1 2026), $230.8 million (Q4 2025), and $230.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Tapestry 29.56 Bn 28.49 Bn 1.48 Bn
2 Signet Jewelers 3.64 Bn 2.76 Bn 985.10 Mn
3 Capri Holdings 2.42 Bn 2.27 Bn 623.00 Mn
4 TheRealReal 1.48 Bn 1.36 Bn 141.33 Mn
5 Movado 851.68 Mn 622.56 Mn 103.63 Mn
6 Envela 711.92 Mn 673.30 Mn 20.62 Mn
7 LuxExperience B.V 18.43 Mn -337.64 Mn 329.37 Mn
8 Brilliant Earth 17.08 Mn 18.33 Mn 54.07 Mn
9 Lanvin Group Holdings 212,903.55 -35.02 Mn -
10 Birks - - -

Historic Data

Download Data
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