TheRealReal (REAL) EBITDA Margin (2018 - 2026)
TheRealReal (REAL) posted EBITDA Margin of 1.2% for Q1 2026, down 137.09% sequentially from 3.23% in Q4 2025, and up 678.0% YoY from 0.15% in Q1 2025.
TheRealReal (REAL) EBITDA Margin (2018 - 2026) Analysis & Trends
TheRealReal has reported EBITDA Margin for 9 years, with the latest figure at 1.2% in Q1 2026.
- Quarterly EBITDA Margin rose 678.0% year-over-year to 1.2% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.86% (up 646.0% YoY) and the FY2025 annual result came in at 3.45%, up 595.0% from the prior year.
- EBITDA Margin eased to 1.2% in Q1 2026 per REAL's latest filing, from 3.23% in the prior quarter.
- Over five years, EBITDA Margin peaked at 3.23% in Q4 2025 and troughed at 57.64% in Q1 2023.
- A 5-year average of 17.72% and a median of 12.97% in 2024 frame the typical range for EBITDA Margin.
- The sharpest annual moves came in 2023 and 2024: EBITDA Margin sank 2035 bps in 2023, then surged 4517 bps in 2024.
- Over 5 years, EBITDA Margin stood at 23.77% in 2022, then soared by 38 bps to 14.69% in 2023, then soared by 79 bps to 3.14% in 2024, then surged by 203 bps to 3.23% in 2025, then sank by 137 bps to 1.2% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 1.2%, 3.23%, and 4.35% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tapestry | 26.15 Bn | 24.99 Bn | 1.56 Bn | 23.57% |
| 2 | Signet Jewelers | 3.73 Bn | 3.13 Bn | 556.50 Mn | 2.38% |
| 3 | Capri Holdings | 1.87 Bn | 1.73 Bn | - | - |
| 4 | TheRealReal | 1.33 Bn | 1.22 Bn | 143.20 Mn | -1.19% |
| 5 | LuxExperience B.V | 1.07 Bn | 703.47 Mn | 329.37 Mn | -4.81% |
| 6 | Movado | 805.20 Mn | 574.66 Mn | 103.63 Mn | 7.21% |
| 7 | Envela | 419.96 Mn | 376.52 Mn | 13.38 Mn | 8.99% |
| 8 | Lanvin Group Holdings | 132.35 Mn | 94.30 Mn | - | - |
| 9 | AsiaStrategy | 67.74 Mn | 48.66 Mn | - | - |
| 10 | Brilliant Earth | 22.13 Mn | -52.95 Mn | 66.64 Mn | 0.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -1.19% |
| Mar 31, 2026 | -1.20% |
| Dec 31, 2025 | 3.23% |
| Sep 30, 2025 | -4.35% |
| Jun 30, 2025 | -5.98% |
| Mar 31, 2025 | -7.98% |
| Dec 31, 2024 | -3.14% |
| Sep 30, 2024 | -9.88% |
| Jun 30, 2024 | -12.97% |
| Mar 31, 2024 | -12.48% |
| Dec 31, 2023 | -14.69% |
| Sep 30, 2023 | -16.89% |
| Jun 30, 2023 | -31.29% |
| Mar 31, 2023 | -57.64% |
| Dec 31, 2022 | -23.77% |
| Sep 30, 2022 | -31.90% |
| Jun 30, 2022 | -33.01% |
| Mar 31, 2022 | -37.29% |
| Dec 31, 2021 | -31.82% |
| Sep 30, 2021 | -43.05% |