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
DateValue
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