TheRealReal (REAL) EBITDA (2018 - 2026)
TheRealReal's (REAL) quarterly EBITDA came in at -$2.3 million in Q2 2026, up 76.9% year-over-year from -$1.3 million in Q2 2025, and little changed quarter-over-quarter from -$2.3 million in Q1 2026.
Analysis
TheRealReal (REAL) EBITDA (2018 - 2026) Analysis & Trends
TheRealReal has disclosed EBITDA across 9 years of filings, most recently posting -$2.3 million for Q2 2026.
- In Q2 2026, EBITDA rose 76.9% year-over-year to -$2.3 million; the TTM figure through Jun 2026 stood at -$5.8 million (up 86.24% YoY), while the FY2025 annual figure was -$23.9 million, up 57.64% from the prior year.
- EBITDA came in at -$2.3 million for Q2 2026 at TheRealReal, roughly flat from -$2.3 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $6.3 million in Q4 2025 to a low of -$81.8 million in Q1 2023.
- Average EBITDA over 5 years is -$24.5 million, with a median of -$18.4 million recorded in 2024.
- Year-over-year, EBITDA slumped 49.52% in 2023 and surged 221.69% in 2025.
- Over 5 years, EBITDA stood at -$37.9 million in 2022, then jumped by 44.49% to -$21.1 million in 2023, then surged by 75.53% to -$5.2 million in 2024, then surged by 221.69% to $6.3 million in 2025, then plunged by 136.4% to -$2.3 million in 2026.
- Per Business Quant data, the three most recent EBITDA figures were -$2.3 million in Q2 2026, -$2.3 million in Q1 2026, and $6.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Tapestry | 23.21 Bn | 22.06 Bn | 1.56 Bn | 442.30 Mn |
| 2 | Ralph Lauren | 20.29 Bn | 18.35 Bn | 1.44 Bn | 342.40 Mn |
| 3 | Ermenegildo Zegna | 3.04 Bn | 2.69 Bn | - | - |
| 4 | Capri Holdings | 1.53 Bn | 1.40 Bn | - | - |
| 5 | TheRealReal | 1.15 Bn | 1.03 Bn | 143.20 Mn | -2.28 Mn |
| 6 | Lanvin Group Holdings | 117.13 Mn | 86.40 Mn | - | - |
| 7 | Vince Holding | 81.00 Mn | 80.24 Mn | 32.39 Mn | -2.65 Mn |
| 8 | Perfect Moment | 6.07 Mn | 5.37 Mn | 627,000.00 | -3.26 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.28 Mn |
| Mar 31, 2026 | -2.27 Mn |
| Dec 31, 2025 | 6.27 Mn |
| Sep 30, 2025 | -7.55 Mn |
| Jun 30, 2025 | -9.89 Mn |
| Mar 31, 2025 | -12.77 Mn |
| Dec 31, 2024 | -5.15 Mn |
| Sep 30, 2024 | -14.60 Mn |
| Jun 30, 2024 | -18.80 Mn |
| Mar 31, 2024 | -17.94 Mn |
| Dec 31, 2023 | -21.06 Mn |
| Sep 30, 2023 | -22.49 Mn |
| Jun 30, 2023 | -40.94 Mn |
| Mar 31, 2023 | -81.80 Mn |
| Dec 31, 2022 | -37.95 Mn |
| Sep 30, 2022 | -45.53 Mn |
| Jun 30, 2022 | -50.98 Mn |
| Mar 31, 2022 | -54.71 Mn |
| Dec 31, 2021 | -46.18 Mn |
| Sep 30, 2021 | -51.16 Mn |