Growth Metrics

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 🔒
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
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