TheRealReal (REAL) Convertible Debt (2018 - 2026)
TheRealReal's Convertible Debt came in at $231.52 million for Q2 2026, down 1.5% from $235.1 million a year earlier but up 0.2% from the prior quarter.
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Analysis
TheRealReal (REAL) Convertible Debt (2018 - 2026) Analysis & Trends
At the end of FY2025, TheRealReal's Convertible Debt was $230.83 million, down 16.6% from FY2024.
- Convertible Debt carries a five-year compound annual growth rate of 9.1% (FY2020 to FY2025).
- Going back by year, Convertible Debt was $276.81 million in FY2024 (-38.8%), $452.42 million in FY2023 (+0.6%), $449.85 million in FY2022 (+29.1%) and $348.38 million in FY2021 (+133.5%).
- The five-year range for quarterly Convertible Debt is $230.46 million (Q3 2025) to $452.42 million (Q4 2023).
- Year-over-year, Convertible Debt has declined for ten consecutive quarters, with an average decline of 18.9% over the last eight quarters.
- The fastest year-over-year change in Convertible Debt over five years came in Q4 2021 (growth of 133.5%), and the weakest in Q4 2024 (a decline of 38.8%).
- Business Quant data shows REAL's Convertible Debt at $231.16 million (Q1 2026), $230.83 million (Q4 2025) and $230.46 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nike | 53.14 Bn | 19.13 Bn | 5.39 Bn |
| 2 | Tapestry | 22.87 Bn | 18.83 Bn | 1.56 Bn |
| 3 | Ralph Lauren | 21.39 Bn | 13.49 Bn | 1.44 Bn |
| 4 | Deckers Outdoor | 11.06 Bn | 3.93 Bn | - |
| 5 | Lululemon Athletica | 10.32 Bn | 4.58 Bn | 1.46 Bn |
| 6 | Levi Strauss | 7.62 Bn | 4.28 Bn | 979.10 Mn |
| 7 | Gildan Activewear | 6.55 Bn | 5.54 Bn | 459.76 Mn |
| 8 | Birkenstock Holding | 6.07 Bn | 4.38 Bn | 493.89 Mn |
| 9 | Crocs | 5.90 Bn | 5.31 Bn | 700.71 Mn |
| 10 | TheRealReal | 1.07 Bn | 566.71 Mn | 143.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 231.52 Mn |
| 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 |
API Access
TheRealReal Convertible Debt 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=convertible-debt&ticker=REAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "convertible-debt", "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=convertible-debt&ticker=REAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();