TheRealReal (REAL) Enterprise Value (2019 - 2026)
TheRealReal's Enterprise Value came in at $953.82 million for Q3 2026, down 15.7% from $1.13 billion a year earlier and down 27.5% from the prior quarter.
TheRealReal (REAL) Enterprise Value (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, TheRealReal reported Enterprise Value of $559.51 million, down 22.9% year-over-year; for FY2025, it was $1.72 billion, up 64.4% from FY2024.
- Enterprise Value carries a five-year compound annual growth rate of 4.3% (FY2020 to FY2025).
- Going back by year, Enterprise Value was $1.04 billion in FY2024, $34.68 million in FY2023, -$169.93 million in FY2022 and $661.1 million in FY2021 (-52.4%).
- The Q3 2026 figure represents the lowest quarterly Enterprise Value since Q2 2025.
- Year-over-year, Enterprise Value increased in six of the last seven quarters, with growth averaging 151.1%.
- The fastest year-over-year change in Enterprise Value over five years came in Q3 2025 (growth of 491.8%), and the weakest in Q1 2022 (a decline of 78.5%).
- Business Quant data shows REAL's Enterprise Value at $1.32 billion (Q2 2026), $969.85 million (Q1 2026) and $1.72 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nike | 57.55 Bn | 23.75 Bn | 4.80 Bn |
| 2 | Tapestry | 27.52 Bn | 23.48 Bn | 1.56 Bn |
| 3 | Ralph Lauren | 23.85 Bn | 15.77 Bn | 1.63 Bn |
| 4 | Lululemon Athletica | 12.34 Bn | 6.60 Bn | 1.46 Bn |
| 5 | Deckers Outdoor | 12.04 Bn | 5.24 Bn | 895.11 Mn |
| 6 | Levi Strauss | 9.26 Bn | 5.84 Bn | 1.07 Bn |
| 7 | V F | 8.01 Bn | 4.61 Bn | 1.49 Bn |
| 8 | Crocs | 7.52 Bn | 6.93 Bn | 689.73 Mn |
| 9 | Birkenstock Holding | 6.90 Bn | 5.23 Bn | 493.89 Mn |
| 10 | TheRealReal | 1.77 Bn | 1.25 Bn | 154.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 953.82 Mn |
| Jun 30, 2026 | 1.32 Bn |
| Mar 31, 2026 | 969.85 Mn |
| Dec 31, 2025 | 1.72 Bn |
| Sep 30, 2025 | 1.13 Bn |
| Jun 30, 2025 | 457.64 Mn |
| Mar 31, 2025 | 469.98 Mn |
| Dec 31, 2024 | 1.04 Bn |
| Sep 30, 2024 | 191.25 Mn |
| Jun 30, 2024 | 195.36 Mn |
| Mar 31, 2024 | 248.14 Mn |
| Dec 31, 2023 | 34.68 Mn |
| Sep 30, 2023 | 47.17 Mn |
| Jun 30, 2023 | 37.85 Mn |
| Mar 31, 2023 | -120.95 Mn |
| Dec 31, 2022 | -169.93 Mn |
| Sep 30, 2022 | -153.55 Mn |
| Jun 30, 2022 | -78.03 Mn |
| Mar 31, 2022 | 323.61 Mn |
| Dec 31, 2021 | 661.10 Mn |
TheRealReal Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=REAL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "REAL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=REAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();