TheRealReal (REAL) Invested Capital (2018 - 2026)
TheRealReal recorded quarterly Invested Capital of -$359.4 million in Q1 2026, up 13.51% quarter-over-quarter from -$415.5 million in Q4 2025, and down 16.16% year-over-year from -$428.7 million in Q1 2025.
TheRealReal's Invested Capital history runs 9 years deep, the most recent figure standing at -$359.4 million for Q1 2026.
- In Q1 2026, Invested Capital fell 16.16% year-over-year to -$359.4 million; the TTM figure through Mar 2026 stood at -$359.4 million (down 16.16% YoY), while the FY2025 annual figure was -$415.5 million, down 9.14% from the prior year.
- Invested Capital came in at -$359.4 million for Q1 2026 at TheRealReal, up from -$415.5 million in the prior quarter.
- In the past five years, Invested Capital ranged from a high of -$69.3 million in Q1 2022 to a low of -$415.5 million in Q4 2025.
- A 5-year average of -$279.0 million and a median of -$308.7 million in 2024 frame the typical range for Invested Capital.
- Across the five-year window, Invested Capital slumped 332.59% in 2022 and rose 5.41% in 2025, its largest moves.
- TheRealReal's Invested Capital stood at -$170.1 million in 2022, then plunged by 78.31% to -$303.3 million in 2023, then retreated by 25.53% to -$380.7 million in 2024, then decreased by 9.14% to -$415.5 million in 2025, then grew by 13.51% to -$359.4 million in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered -$359.4 million, -$415.5 million, and -$385.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Tapestry | 28.43 Bn | 27.36 Bn | 1.48 Bn | 3.06 Bn |
| 2 | Signet Jewelers | 3.51 Bn | 2.64 Bn | 985.10 Mn | 1.97 Bn |
| 3 | Capri Holdings | 2.21 Bn | 2.06 Bn | 623.00 Mn | 339.00 Mn |
| 4 | TheRealReal | 1.15 Bn | 1.03 Bn | 141.33 Mn | -359.37 Mn |
| 5 | Movado | 835.22 Mn | 606.10 Mn | 103.63 Mn | 508.84 Mn |
| 6 | Envela | 620.27 Mn | 581.65 Mn | 20.62 Mn | 75.90 Mn |
| 7 | Brilliant Earth | 19.84 Mn | 21.09 Mn | 54.07 Mn | 11.41 Mn |
| 8 | Lanvin Group Holdings | 223,892.13 | -35.01 Mn | - | 452.62 Mn |
| 9 | LuxExperience B.V | 16,823.61 | -364.20 Mn | 329.37 Mn | - |
| 10 | AsiaStrategy | - | - | - | 22.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -359.37 Mn |
| Dec 31, 2025 | -415.52 Mn |
| Sep 30, 2025 | -385.05 Mn |
| Jun 30, 2025 | -338.24 Mn |
| Mar 31, 2025 | -309.37 Mn |
| Dec 31, 2024 | -380.72 Mn |
| Sep 30, 2024 | -318.81 Mn |
| Jun 30, 2024 | -308.70 Mn |
| Mar 31, 2024 | -327.05 Mn |
| Dec 31, 2023 | -303.30 Mn |
| Sep 30, 2023 | -290.02 Mn |
| Jun 30, 2023 | -275.58 Mn |
| Mar 31, 2023 | -243.52 Mn |
| Dec 31, 2022 | -170.09 Mn |
| Sep 30, 2022 | -141.26 Mn |
| Jun 30, 2022 | -107.11 Mn |
| Mar 31, 2022 | -69.32 Mn |
| Dec 31, 2021 | 73.13 Mn |
| Sep 30, 2021 | 110.72 Mn |
| Jun 30, 2021 | 154.28 Mn |
| Mar 31, 2021 | 209.91 Mn |
| Dec 31, 2020 | 191.29 Mn |
| Sep 30, 2020 | 232.06 Mn |
| Jun 30, 2020 | 265.91 Mn |
| Mar 31, 2020 | 304.88 Mn |
| Dec 31, 2019 | 337.25 Mn |
| Sep 30, 2019 | 357.24 Mn |
| Jun 30, 2019 | -299.62 Mn |
| Mar 31, 2019 | -280.98 Mn |
| Dec 31, 2018 | -251.70 Mn |
| Sep 30, 2018 | -233.53 Mn |
| Jun 30, 2018 | -210.21 Mn |