TheRealReal reported a gross margin of 74.36% and a net margin of -14.14% for the quarter ended Jun 2026. These financial ratios cover 33 quarters of results from Jun 2018 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | |||||||||||||||||||||||||||||||||
| Gross Margin | 59.83% | 55.56% | 53.59% | 56.78% | 60.11% | 60.51% | 63.41% | 65.85% | 70.64% | 73.97% | 74.60% | 74.15% | 74.93% | 74.43% | 75.00% | 74.26% | 74.27% | 74.83% | 74.50% | 74.36% | |||||||||||||
| EBT Margin | -48.11% | -35.98% | -39.14% | -34.40% | -33.07% | -24.14% | -58.08% | -31.50% | -17.20% | -15.11% | -21.58% | -11.50% | -12.09% | -41.68% | 39.05% | -6.83% | -31.13% | -19.91% | 20.58% | -14.09% | |||||||||||||
| EBIT Margin | -43.05% | -31.82% | -37.29% | -33.01% | -31.90% | -23.77% | -57.64% | -31.29% | -16.89% | -14.69% | -12.48% | -12.97% | -9.88% | -3.14% | -7.98% | -5.98% | -4.35% | 3.23% | -1.20% | -1.19% | |||||||||||||
| EBITDA Margin | -43.05% | -31.82% | -37.29% | -33.01% | -31.90% | -23.77% | -57.64% | -31.29% | -16.89% | -14.69% | -12.48% | -12.97% | -9.88% | -3.14% | -7.98% | -5.98% | -4.35% | 3.23% | -1.20% | -1.19% | |||||||||||||
| Operating Margin | -43.05% | -31.82% | -37.29% | -33.01% | -31.90% | -23.77% | -57.64% | -31.29% | -16.89% | -14.69% | -12.48% | -12.97% | -9.88% | -3.14% | -7.98% | -5.98% | -4.35% | 3.23% | -1.20% | -1.19% | |||||||||||||
| Net Margin | -48.13% | -35.97% | -39.14% | -34.43% | -33.12% | -24.18% | -58.14% | -31.58% | -17.23% | -15.13% | -21.63% | -11.53% | -12.14% | -41.74% | 38.99% | -6.88% | -31.14% | -19.99% | 20.52% | -14.14% | |||||||||||||
| FCF Margin | -37.64% | -17.87% | -37.15% | -27.85% | -9.92% | -1.73% | -29.70% | -29.41% | -12.54% | 4.79% | -4.62% | -6.01% | 3.42% | 13.97% | -20.61% | -6.89% | 9.73% | 23.62% | -12.70% | -1.25% | |||||||||||||
| Efficiency | |||||||||||||||||||||||||||||||||
| Inventory AverageInventory Avg. | 61.48M | 67.45M | 72.36M | 73.86M | 68.50M | 52.97M | 36.91M | 28.37M | 25.28M | 23.45M | 21.68M | 21.12M | 20.52M | 21.75M | 25.03M | 27.62M | 29.24M | 30.27M | 32.38M | 34.68M | |||||||||||||
| Assets AverageAssets Avg. | 783.96M | 763.18M | 726.69M | 673.42M | 641.41M | 625.03M | 563.70M | 485.24M | 455.70M | 449.80M | 439.25M | 419.50M | 406.84M | 414.67M | 411.73M | 374.88M | 357.80M | 387.62M | 397.47M | 382.10M | |||||||||||||
| Invested CapitalInvested Cap. | -303.30M | -195.85M | -177.43M | -187.39M | -246.25M | -171.87M | -200.65M | -244.25M | -274.54M | -215.21M | -233.44M | ||||||||||||||||||||||
| Asset Utilization RatioAsset Util. | 0.52 | 0.61 | 0.71 | 0.84 | 0.92 | 0.97 | 1.06 | 1.19 | 1.24 | 1.22 | 1.25 | 1.35 | 1.43 | 1.45 | 1.50 | 1.70 | 1.85 | 1.79 | 1.82 | 1.96 | |||||||||||||
| Leverage & Solvency | |||||||||||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | -8.42 | -7.50 | -20.54 | -19.06 | -17.02 | -15.44 | -30.67 | -15.29 | -8.41 | -7.85 | -4.78 | -3.26 | -2.45 | -0.87 | -2.02 | -1.40 | -1.07 | 0.86 | -0.31 | -0.31 | |||||||||||||
| Debt Ratio | 0.30 | 0.39 | 0.39 | 0.38 | 0.41 | 0.39 | 0.38 | 0.34 | 0.37 | 0.38 | |||||||||||||||||||||||
| Times Interest Earned | -8.42 | -7.50 | -20.54 | -19.06 | -17.02 | -15.44 | -30.67 | -15.29 | -8.41 | -7.85 | -4.78 | -3.26 | -2.45 | -0.87 | -2.02 | -1.40 | -1.07 | 0.86 | -0.31 | -0.31 | |||||||||||||
| Valuation | |||||||||||||||||||||||||||||||||
| Price to EarningsP/E | -21.27 | -20.68 | -11.92 | -4.47 | -3.11 | -3.21 | -1.53 | -5.49 | -9.50 | -9.70 | -13.32 | -20.71 | -19.20 | -17.76 | 9.77 | -48.56 | -22.95 | -48.14 | 28.09 | -52.67 | |||||||||||||
| Price to SalesP/S | 10.24 | 7.44 | 4.67 | 1.54 | 1.03 | 0.78 | 0.89 | 1.73 | 1.64 | 1.47 | 2.88 | 2.39 | 2.33 | 7.41 | 3.81 | 3.34 | 7.15 | 9.62 | 5.77 | 7.45 | |||||||||||||
| Price to BookP/B | 10.99 | 14.76 | -9.88 | -2.22 | -1.04 | -0.73 | -0.52 | -0.82 | -0.75 | -0.69 | -1.27 | -1.03 | -1.00 | -2.98 | -1.81 | -1.63 | -3.22 | -4.49 | -3.04 | -3.80 | |||||||||||||
| Enterprise Value | 771.57M | 661.10M | 323.61M | -78.03M | -153.55M | -169.93M | -120.95M | 37.85M | 47.17M | 34.68M | 248.14M | 195.36M | 191.25M | 1,043.67M | 469.98M | 457.64M | 1,131.83M | 1,715.84M | 969.85M | 1,315.31M | |||||||||||||
| EV to EBIT | -15.08 | -14.32 | -5.92 | 1.53 | 3.37 | 4.48 | 1.48 | -0.92 | -2.10 | -1.65 | -13.83 | -10.39 | -13.10 | -202.50 | -36.80 | -46.30 | -149.91 | 273.57 | -426.49 | -576.13 | |||||||||||||
| EV to EBITDA | -15.08 | -14.32 | -5.92 | 1.53 | 3.37 | 4.48 | 1.48 | -0.92 | -2.10 | -1.65 | -13.83 | -10.39 | -13.10 | -202.50 | -36.80 | -46.30 | -149.91 | 273.57 | -426.49 | -576.13 | |||||||||||||
| Market Capitalization | 1,216.38M | 1,079.27M | 684.62M | 237.86M | 146.89M | 123.86M | 126.19M | 226.74M | 217.99M | 210.39M | 414.14M | 346.10M | 344.43M | 1,215.88M | 609.58M | 551.98M | 1,240.25M | 1,867.07M | 1,093.80M | 1,434.45M | |||||||||||||
| Price to FCFP/FCF | -27.19 | -41.62 | -12.56 | -5.53 | -10.37 | -44.96 | -2.99 | -5.89 | -13.06 | 30.61 | -62.30 | -39.71 | 68.24 | 53.06 | -18.48 | -48.53 | 73.42 | 40.74 | -45.40 | -593.97 | |||||||||||||
| EV to FCF | -17.25 | -25.49 | -5.94 | 1.81 | 10.84 | 61.68 | 2.87 | -0.98 | -2.83 | 5.04 | -37.33 | -22.41 | 37.89 | 45.55 | -14.25 | -40.24 | 67.00 | 37.44 | -40.25 | -544.64 | |||||||||||||
| EV to CFO | -22.00 | -35.23 | -6.56 | 2.02 | 20.89 | -45.95 | 3.97 | -1.24 | -4.31 | 3.30 | -71.57 | -28.92 | 21.08 | 37.28 | -16.62 | -128.19 | 58.55 | 34.65 | -58.34 | 814.44 | |||||||||||||
| Return Ratios | |||||||||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | -43.05% | -31.82% | -37.29% | -33.01% | -31.90% | -23.77% | -57.64% | -31.29% | -16.89% | -14.69% | -12.48% | -12.97% | -9.88% | -3.14% | -7.98% | -5.98% | -4.35% | 3.23% | -1.20% | -1.19% | |||||||||||||
| Return on Capital Employed [ROCE]ROCE | -35.29% | -37.36% | -39.65% | -40.51% | -44.13% | -45.31% | -56.95% | -64.99% | -65.71% | -63.73% | -41.71% | -38.66% | -39.97% | -34.03% | -29.88% | -24.18% | -26.85% | -19.40% | -8.59% | -3.93% | |||||||||||||
| Return on Invested Capital [ROIC]ROIC | 41.14% | 43.11% | 39.79% | 26.11% | 24.73% | 23.00% | 15.96% | 9.31% | 5.52% | 2.61% | |||||||||||||||||||||||
| Return on Assets [ROA]ROA | -29.94% | -30.94% | -32.69% | -32.66% | -32.74% | -31.43% | -39.30% | -43.22% | -40.68% | -37.45% | -26.65% | -22.04% | -21.49% | -32.36% | -9.89% | -9.43% | -19.98% | -10.78% | -16.42% | -21.23% |