REAL (The RealReal) EBITDA Margin %: -6.22% (As of Jun. 2026)

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REAL The RealReal Inc REAL
54 GF Score
Price $11.91
GF Value $6.12
Valuation Significantly Overvalued
! 4 Warning Signs
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What is The RealReal EBITDA Margin %?

The RealReal REAL -3.17% 54 EBITDA Margin % is -6.22% as of Jun. 2026. GuruFocus rates REAL with a GF Score™ of 54/100 and a GF Value™ of $6.12 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,132 Retail - Cyclical companies, The RealReal ranks worse than 86.93% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. The RealReal's EBITDA for the three months ended in Jun. 2026 was $-12.0 Mil. The RealReal's Revenue for the three months ended in Jun. 2026 was $192.6 Mil. Therefore, The RealReal's EBITDA margin for the quarter that ended in Jun. 2026 was -6.22%.


The RealReal  (NAS:REAL) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


The RealReal EBITDA Margin % Related Terms


The RealReal EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for The RealReal's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The RealReal EBITDA Margin % Chart

The RealReal Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only -40.84 -26.20 -22.90 -13.23 2.78

The RealReal Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.43 -22.32 -11.96 28.65 -6.22

REAL vs CPRI, MOV, ELA: EBITDA Margin % Comparison

For the Luxury Goods subindustry, The RealReal's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The RealReal EBITDA Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, The RealReal's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where The RealReal's EBITDA Margin % falls into.


REAL
54GF Score
The RealReal Inc REAL
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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The RealReal EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

The RealReal's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=19.269/692.845
=2.78 %

The RealReal's EBITDA Margin % for the quarter that ended in Jun. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=-11.987/192.571
=-6.22 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of -6.22% mean?
The RealReal (REAL) has a EBITDA Margin % of -6.22% as of Jun. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on The RealReal and its competitors. According to the industry distribution chart, The RealReal ranks #984 out of 1132 companies in the Retail - Cyclical industry, placing it in the top 86.9%.
Is The RealReal's EBITDA Margin % too high?
The RealReal's current EBITDA Margin % is -6.22%. Based on the distribution chart, The RealReal ranks #984 out of 1132 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, The RealReal has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The RealReal's EBITDA Margin % compare to CPRI and MOV?
According to the Retail - Cyclical industry distribution chart, The RealReal ranks #984 out of 1132 companies for EBITDA Margin %. This places The RealReal in the lower half of its industry. The industry median EBITDA Margin % is 7.51. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Retail - Cyclical company?
The median EBITDA Margin % among Retail - Cyclical companies is 7.51, based on 1,132 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on The RealReal and its competitors. For the Retail - Cyclical industry, the median EBITDA Margin % is 7.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The RealReal's current EBITDA Margin % is -6.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The RealReal stock overvalued right now?
Based on GuruFocus' analysis, The RealReal (REAL) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.12, compared to a current price of $11.91 — trading 94.5% above its estimated fair value. The current EBITDA Margin % is -6.22%. The RealReal's overall GF Score™ is 54/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For The RealReal (REAL), the current EBITDA Margin % is -6.22% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The RealReal (REAL) Overvalued in 2026?

Based on GuruFocus' analysis, The RealReal stock appears to be overvalued. The current stock price of $11.91 is trading 94.5% above its estimated GF Value™ of $6.12. GuruFocus considers The RealReal to be Significantly Overvalued.

Key valuation signals for REAL:

  • EBITDA Margin %: -6.22%
  • GF Value™: $6.12 vs. price of $11.91 (94.5% above fair value)
  • GF Score™: 54/100 with 4 warning signs

No single metric tells the full story. See the REAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The RealReal Business Description

Other Exchanges 6RR:Germany
Address 55 Francisco Street, Suite 150, San Francisco, CA, USA, 94133
The RealReal Inc is an online marketplace for authenticated, resale luxury goods, providing an end-to-end service that unlocks supply and creates a trusted, curated marketplace for buyers globally. Since its inception, the company has cultivated a loyal and engaged consignor and buyer base through continuous investment in its technology platform, logistics infrastructure, brand and people. It offers a wide selection of authenticated, mainly pre-owned luxury goods bearing the brands of thousands of luxury and premium designers, including Cartier, Chanel, Christian Dior, Gucci, Hermes, Louis Vuitton and Rolex. The company offers products across women's fashion, men's fashion, jewelry, and watches, promoting the recirculation of luxury goods and contributing to a more sustainable world.
54GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.91
Price
$6.12
GF Value