TheRealReal (REAL) EBT (2018 - 2026)
TheRealReal's (REAL) quarterly EBT came in at $39.0 million in Q1 2026, down 37.52% year-on-year from $62.5 million in Q1 2025, and up 201.08% quarter-over-quarter from -$38.6 million in Q4 2025.
TheRealReal (REAL) EBT (2018 - 2026) Analysis & Trends
TheRealReal has disclosed EBT across 9 years of filings, most recently posting $39.0 million for Q1 2026.
- EBT for Q1 2026 came in at $39.0 million, down 37.52% year-over-year; the trailing twelve-month figure through Mar 2026 was -$64.9 million (down 60.61% YoY), and the FY2025 annual result was -$41.4 million, up 69.06% from the prior year.
- EBT came in at $39.0 million for Q1 2026 at TheRealReal, up from -$38.6 million in the prior quarter.
- In the past five years, EBT ranged from a high of $62.5 million in Q1 2025 to a low of -$82.4 million in Q1 2023.
- The 5-year median for EBT is -$38.5 million (2022), against an average of -$29.5 million.
- Across the five-year window, EBT slumped 215.63% in 2024 and jumped 301.4% in 2025, its largest moves.
- TheRealReal's EBT stood at -$38.5 million in 2022, then jumped by 43.8% to -$21.7 million in 2023, then plunged by 215.63% to -$68.4 million in 2024, then jumped by 43.49% to -$38.6 million in 2025, then soared by 201.08% to $39.0 million in 2026.
- The last three EBT figures came in at $39.0 million (Q1 2026), -$38.6 million (Q4 2025), and -$54.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Tapestry | 29.56 Bn | 28.49 Bn | 1.48 Bn | 416.00 Mn |
| 2 | Signet Jewelers | 3.64 Bn | 2.76 Bn | 985.10 Mn | 322.20 Mn |
| 3 | Capri Holdings | 2.42 Bn | 2.27 Bn | 623.00 Mn | 55.00 Mn |
| 4 | TheRealReal | 1.48 Bn | 1.36 Bn | 141.33 Mn | 39.04 Mn |
| 5 | Movado | 851.68 Mn | 622.56 Mn | 103.63 Mn | 8.76 Mn |
| 6 | Envela | 711.92 Mn | 673.30 Mn | 20.62 Mn | 11.30 Mn |
| 7 | LuxExperience B.V | 18.43 Mn | -337.64 Mn | 329.37 Mn | -34.85 Mn |
| 8 | Brilliant Earth | 17.08 Mn | 18.33 Mn | 54.07 Mn | -8.45 Mn |
| 9 | Lanvin Group Holdings | 212,903.55 | -35.02 Mn | - | - |
| 10 | Birks | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 39.04 Mn |
| Dec 31, 2025 | -38.63 Mn |
| Sep 30, 2025 | -54.03 Mn |
| Jun 30, 2025 | -11.28 Mn |
| Mar 31, 2025 | 62.50 Mn |
| Dec 31, 2024 | -68.36 Mn |
| Sep 30, 2024 | -17.87 Mn |
| Jun 30, 2024 | -16.67 Mn |
| Mar 31, 2024 | -31.03 Mn |
| Dec 31, 2023 | -21.66 Mn |
| Sep 30, 2023 | -22.90 Mn |
| Jun 30, 2023 | -41.22 Mn |
| Mar 31, 2023 | -82.41 Mn |
| Dec 31, 2022 | -38.53 Mn |
| Sep 30, 2022 | -47.20 Mn |
| Jun 30, 2022 | -53.13 Mn |
| Mar 31, 2022 | -57.41 Mn |
| Dec 31, 2021 | -52.22 Mn |
| Sep 30, 2021 | -57.17 Mn |
| Jun 30, 2021 | -70.70 Mn |