TheRealReal (REAL) Operating Income (2018 - 2026)
TheRealReal (REAL) posted Operating Income of -$2.3 million for Q1 2026, down 136.26% sequentially from $6.3 million in Q4 2025, and up 82.19% YoY from -$1.2 million in Q1 2025.
TheRealReal (REAL) Operating Income (2018 - 2026) Analysis & Trends
TheRealReal has reported Operating Income for 9 years, with the latest figure at -$2.3 million in Q1 2026.
- Quarterly Operating Income rose 82.19% year-over-year to -$2.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$13.4 million (up 73.82% YoY) and the FY2025 annual result came in at -$23.9 million, up 57.64% from the prior year.
- Operating Income retreated to -$2.3 million in Q1 2026 per REAL's latest filing, from $6.3 million in the prior quarter.
- Over five years, Operating Income peaked at $6.3 million in Q4 2025 and troughed at -$81.8 million in Q1 2023.
- A 5-year average of -$25.8 million and a median of -$18.8 million in 2024 frame the typical range for Operating Income.
- The sharpest annual moves came in 2023 and 2025: Operating Income tumbled 49.52% in 2023, then soared 221.69% in 2025.
- Over 5 years, Operating Income stood at -$37.9 million in 2022, then soared by 44.49% to -$21.1 million in 2023, then jumped by 75.53% to -$5.2 million in 2024, then jumped by 221.69% to $6.3 million in 2025, then sank by 136.26% to -$2.3 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered -$2.3 million, $6.3 million, and -$7.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Tapestry | 26.15 Bn | 24.99 Bn | 1.56 Bn | 442.30 Mn |
| 2 | Signet Jewelers | 3.73 Bn | 3.13 Bn | 556.50 Mn | 36.90 Mn |
| 3 | Capri Holdings | 1.87 Bn | 1.73 Bn | - | - |
| 4 | TheRealReal | 1.33 Bn | 1.22 Bn | 143.20 Mn | -2.28 Mn |
| 5 | LuxExperience B.V | 1.07 Bn | 703.47 Mn | 329.37 Mn | -34.80 Mn |
| 6 | Movado | 805.20 Mn | 574.66 Mn | 103.63 Mn | 13.81 Mn |
| 7 | Envela | 419.96 Mn | 376.52 Mn | 13.38 Mn | 5.10 Mn |
| 8 | Lanvin Group Holdings | 132.35 Mn | 94.30 Mn | - | - |
| 9 | AsiaStrategy | 67.74 Mn | 48.66 Mn | - | - |
| 10 | Brilliant Earth | 22.13 Mn | -52.95 Mn | 66.64 Mn | 446,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -2.28 Mn |
| Mar 31, 2026 | -2.27 Mn |
| Dec 31, 2025 | 6.27 Mn |
| Sep 30, 2025 | -7.55 Mn |
| Jun 30, 2025 | -9.89 Mn |
| Mar 31, 2025 | -12.77 Mn |
| Dec 31, 2024 | -5.15 Mn |
| Sep 30, 2024 | -14.60 Mn |
| Jun 30, 2024 | -18.80 Mn |
| Mar 31, 2024 | -17.94 Mn |
| Dec 31, 2023 | -21.06 Mn |
| Sep 30, 2023 | -22.49 Mn |
| Jun 30, 2023 | -40.94 Mn |
| Mar 31, 2023 | -81.80 Mn |
| Dec 31, 2022 | -37.95 Mn |
| Sep 30, 2022 | -45.53 Mn |
| Jun 30, 2022 | -50.98 Mn |
| Mar 31, 2022 | -54.71 Mn |
| Dec 31, 2021 | -46.18 Mn |
| Sep 30, 2021 | -51.16 Mn |