TheRealReal (REAL) Invested Capital (2018 - 2026)

TheRealReal's (REAL) quarterly Invested Capital came in at -$359.4 million in Q1 2026, down 16.16% year-on-year from -$428.7 million in Q1 2025, and up 13.51% quarter-over-quarter from -$415.5 million in Q4 2025.

TheRealReal (REAL) Invested Capital (2018 - 2026) Analysis & Trends

TheRealReal has disclosed Invested Capital across 9 years of filings, most recently posting -$359.4 million for Q1 2026.

  • Invested Capital for Q1 2026 came in at -$359.4 million, down 16.16% year-over-year; the trailing twelve-month figure through Mar 2026 was -$359.4 million (down 16.16% YoY), and the FY2025 annual result 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.
  • The 5-year median for Invested Capital is -$308.7 million (2024), against an average of -$279.0 million.
  • Across the five-year window, Invested Capital tumbled 332.59% in 2022 and increased 5.41% in 2025, its largest moves.
  • TheRealReal's Invested Capital stood at -$170.1 million in 2022, then sank by 78.31% to -$303.3 million in 2023, then fell by 25.53% to -$380.7 million in 2024, then retreated by 9.14% to -$415.5 million in 2025, then climbed by 13.51% to -$359.4 million in 2026.
  • The last three Invested Capital figures came in at -$359.4 million (Q1 2026), -$415.5 million (Q4 2025), and -$385.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Tapestry 29.56 Bn 28.49 Bn 1.48 Bn 3.06 Bn
2 Signet Jewelers 3.64 Bn 2.76 Bn 985.10 Mn 1.97 Bn
3 Capri Holdings 2.42 Bn 2.27 Bn 623.00 Mn 339.00 Mn
4 TheRealReal 1.48 Bn 1.36 Bn 141.33 Mn -359.37 Mn
5 Movado 851.68 Mn 622.56 Mn 103.63 Mn 508.84 Mn
6 Envela 711.92 Mn 673.30 Mn 20.62 Mn 75.90 Mn
7 LuxExperience B.V 18.43 Mn -337.64 Mn 329.37 Mn 1.46 Bn
8 Brilliant Earth 17.08 Mn 18.33 Mn 54.07 Mn 11.41 Mn
9 Lanvin Group Holdings 212,903.55 -35.02 Mn - 452.62 Mn
10 Birks - - - 4.96 Bn

Historic Data

Download Data
DateValue
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