Growth Metrics

TheRealReal (REAL) EBT (2018 - 2025)

TheRealReal (REAL) has disclosed EBT for 8 consecutive years, with -$38.6 million as the latest value for Q4 2025.

  • Quarterly EBT rose 43.49% to -$38.6 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was -$41.4 million through Dec 2025, up 69.06% year-over-year, with the annual reading at -$41.4 million for FY2025, 69.06% up from the prior year.
  • EBT hit -$38.6 million in Q4 2025 for TheRealReal, up from -$54.0 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.
  • Historically, EBT has averaged -$38.8 million across 5 years, with a median of -$44.2 million in 2022.
  • Biggest five-year swings in EBT: tumbled 215.63% in 2024 and later soared 301.4% in 2025.
  • Year by year, EBT stood at -$52.2 million in 2021, then grew by 26.21% to -$38.5 million in 2022, then soared by 43.8% to -$21.7 million in 2023, then crashed by 215.63% to -$68.4 million in 2024, then soared by 43.49% to -$38.6 million in 2025.
  • Business Quant data shows EBT for REAL at -$38.6 million in Q4 2025, -$54.0 million in Q3 2025, and -$11.3 million in Q2 2025.