TheRealReal (REAL) FCF Margin (2018 - 2026)
TheRealReal's (REAL) quarterly FCF Margin came in at 10.12% in Q1 2026, up 934.0% year-on-year from 0.98% in Q1 2025, and down 142.42% quarter-over-quarter from 23.85% in Q4 2025.
TheRealReal (REAL) FCF Margin (2018 - 2026) Analysis & Trends
TheRealReal has disclosed FCF Margin across 9 years of filings, most recently posting 10.12% for Q1 2026.
- FCF Margin for Q1 2026 came in at 10.12%, up 934.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.99% (up 669.0% YoY), and the FY2025 annual result was 3.48%, up 98.0% from the prior year.
- FCF Margin came in at 10.12% for Q1 2026 at TheRealReal, down from 23.85% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 23.85% in Q4 2025 to a low of 35.13% in Q2 2023.
- The 5-year median for FCF Margin is 6.72% (2024), against an average of 7.02%.
- Across the five-year window, FCF Margin soared 2841 bps in 2024 and tumbled 1555 bps in 2025, its largest moves.
- TheRealReal's FCF Margin stood at 0.2% in 2022, then jumped by 8266 bps to 16.11% in 2023, then retreated by 4 bps to 15.47% in 2024, then jumped by 54 bps to 23.85% in 2025, then slumped by 142 bps to 10.12% in 2026.
- The last three FCF Margin figures came in at 10.12% (Q1 2026), 23.85% (Q4 2025), and 9.31% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tapestry | 29.56 Bn | 28.49 Bn | 1.48 Bn | 9.37% |
| 2 | Signet Jewelers | 3.64 Bn | 2.76 Bn | 985.10 Mn | 28.84% |
| 3 | Capri Holdings | 2.42 Bn | 2.27 Bn | 623.00 Mn | 20.29% |
| 4 | TheRealReal | 1.48 Bn | 1.36 Bn | 141.33 Mn | -10.12% |
| 5 | Movado | 851.68 Mn | 622.56 Mn | 103.63 Mn | 29.05% |
| 6 | Envela | 711.92 Mn | 673.30 Mn | 20.62 Mn | 20.93% |
| 7 | LuxExperience B.V | 18.43 Mn | -337.64 Mn | 329.37 Mn | -14.33% |
| 8 | Brilliant Earth | 17.08 Mn | 18.33 Mn | 54.07 Mn | -19.03% |
| 9 | Lanvin Group Holdings | 212,903.55 | -35.02 Mn | - | - |
| 10 | Birks | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -10.12% |
| Dec 31, 2025 | 23.85% |
| Sep 30, 2025 | 9.31% |
| Jun 30, 2025 | -4.35% |
| Mar 31, 2025 | -19.45% |
| Dec 31, 2024 | 15.47% |
| Sep 30, 2024 | 3.42% |
| Jun 30, 2024 | -6.72% |
| Mar 31, 2024 | -3.91% |
| Dec 31, 2023 | 16.11% |
| Sep 30, 2023 | -12.54% |
| Jun 30, 2023 | -35.13% |
| Mar 31, 2023 | -24.42% |
| Dec 31, 2022 | -0.20% |
| Sep 30, 2022 | -11.11% |
| Jun 30, 2022 | -25.37% |
| Mar 31, 2022 | -34.13% |
| Dec 31, 2021 | -14.66% |
| Sep 30, 2021 | -18.41% |
| Jun 30, 2021 | -52.64% |