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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

TheRealReal (REAL) Operating Margin (2018 - 2025)

Historic Operating Margin for TheRealReal (REAL) over the last 8 years, with Q3 2025 value amounting to 4.35%.

  • TheRealReal's Operating Margin rose 55300.0% to 4.35% in Q3 2025 from the same period last year, while for Sep 2025 it was 5.34%, marking a year-over-year increase of 71500.0%. This contributed to the annual value of 9.41% for FY2024, which is 208700.0% up from last year.
  • Per TheRealReal's latest filing, its Operating Margin stood at 4.35% for Q3 2025, which was up 55300.0% from 5.98% recorded in Q2 2025.
  • Over the past 5 years, TheRealReal's Operating Margin peaked at 3.14% during Q4 2024, and registered a low of 61.76% during Q2 2021.
  • Its 5-year average for Operating Margin is 25.96%, with a median of 23.77% in 2022.
  • Per our database at Business Quant, TheRealReal's Operating Margin tumbled by -203500bps in 2023 and then surged by 451700bps in 2024.
  • Quarter analysis of 5 years shows TheRealReal's Operating Margin stood at 31.82% in 2021, then grew by 25bps to 23.77% in 2022, then soared by 38bps to 14.69% in 2023, then surged by 79bps to 3.14% in 2024, then plummeted by -38bps to 4.35% in 2025.
  • Its Operating Margin stands at 4.35% for Q3 2025, versus 5.98% for Q2 2025 and 7.98% for Q1 2025.