TheRealReal Inc Net Assets
TheRealReal Inc net assets. Based on the latest financial reports, TheRealReal Inc (REAL) has net assets worth $-377.73 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($378.29 Million) and total liabilities ($756.02 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore how fast is TheRealReal Inc growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-377.73 Million |
| % of Total Assets | -99.85% |
| Annual Growth Rate | N/A |
| 5-Year Change | -668.21% |
| 10-Year Change | N/A |
| Growth Volatility | 132.24 |
Net Assets of TheRealReal Inc (2017–2025)
Net assets of TheRealReal Inc from 2017 to 2025. This chart illustrates how TheRealReal Inc's net assets have evolved over time, based on quarterly financial data. See TheRealReal Inc (REAL) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for TheRealReal Inc (2017–2025)
The table below shows the annual net assets of TheRealReal Inc from 2017 to 2025. For live market cap and overall valuation, see how much is TheRealReal Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-415.52 Million | -2.00% |
| 2024-12-31 | $-407.38 Million | -34.31% |
| 2023-12-31 | $-303.30 Million | -78.31% |
| 2022-12-31 | $-170.09 Million | -332.59% |
| 2021-12-31 | $73.13 Million | -61.77% |
| 2020-12-31 | $191.29 Million | -43.28% |
| 2019-12-31 | $337.25 Million | +230.87% |
| 2018-12-31 | $-257.69 Million | -45.60% |
| 2017-12-31 | $-176.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TheRealReal Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 111405500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
TheRealReal Inc Net Assets Breakdown (December 2025)
TheRealReal Inc net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.00K | % |
| Other Components | $880.11 Million | % |
| Total Equity | $-415.52 Million | 100.00% |
TheRealReal Inc Competitors by Market Cap
The table below lists competitors of TheRealReal Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sichuan Furong Technology Co Ltd
SHG:603327
|
$1.20 Billion |
|
Sunvim Group Co Ltd
SHE:002083
|
$1.20 Billion |
|
Ujjivan Small Finance Bank Limited
NSE:UJJIVANSFB
|
$1.20 Billion |
|
Home First Finance Company India Limited
NSE:HOMEFIRST
|
$1.20 Billion |
|
Hyundai Green Food Co Ltd
KO:005440
|
$1.20 Billion |
|
Greenbrier Companies Inc
NYSE:GBX
|
$1.20 Billion |
|
Universal Technical Institute Inc
NYSE:UTI
|
$1.19 Billion |
|
Tibet Urban Development and Investment Co Ltd
SHG:600773
|
$1.19 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TheRealReal Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -407,376,000 to -415,518,000, a change of -8,142,000.
- Net loss of 41,799,000 reduced equity.
- Other factors increased equity by 33,657,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-41.80 Million | -10.06% |
| Other Changes | $33.66 Million | +8.1% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares TheRealReal Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $-2.83 | $12.70 | x |
| 2018-12-31 | $-4.12 | $12.70 | x |
| 2019-12-31 | $3.93 | $12.70 | x |
| 2020-12-31 | $2.18 | $12.70 | x |
| 2021-12-31 | $0.80 | $12.70 | x |
| 2022-12-31 | $-1.77 | $12.70 | x |
| 2023-12-31 | $-2.98 | $12.70 | x |
| 2024-12-31 | $-3.78 | $12.70 | x |
| 2025-12-31 | $-3.57 | $12.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TheRealReal Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.03%
- • Asset Turnover: 1.69x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-49.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | -38.04% | 1.81x | 0.00x | $-34.61 Million |
| 2018 | 0.00% | -36.54% | 1.53x | 0.00x | $-50.00 Million |
| 2019 | -29.19% | -31.11% | 0.68x | 1.38x | $-132.15 Million |
| 2020 | -91.92% | -58.62% | 0.50x | 3.16x | $-194.96 Million |
| 2021 | -322.87% | -50.48% | 0.62x | 10.32x | $-243.42 Million |
| 2022 | 0.00% | -32.55% | 0.98x | 0.00x | $-179.44 Million |
| 2023 | 0.00% | -30.67% | 1.23x | 0.00x | $-138.14 Million |
| 2024 | 0.00% | -22.35% | 1.42x | 0.00x | $-93.46 Million |
| 2025 | 0.00% | -6.03% | 1.69x | 0.00x | $-247.20K |
Industry Comparison
This section compares TheRealReal Inc's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $226,367,314
- Average return on equity (ROE) among peers: -92.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TheRealReal Inc (REAL) | $-377.73 Million | 0.00% | N/A | $1.20 Billion |
| Birks Group Inc (BGI) | $13.78 Million | -144.48% | 8.71x | $7.72 Million |
| Brilliant Earth Group Inc (BRLT) | $82.84 Million | 1.84% | 1.63x | $25.36 Million |
| Capri Holdings Ltd (CPRI) | $1.60 Billion | -73.88% | 3.18x | $2.07 Billion |
| Charles & Colvard Ltd (CTHR) | $52.05 Million | -11.82% | 0.11x | $1.41 Million |
| Envela Corp (ELA) | $1.80 Million | 11.11% | 1.00x | $619.23 Million |
| Adamas One Corp. Common Stock (JEWL) | $3.12 Million | -721.75% | 3.13x | $7.61K |
| Lanvin Group Holdings Limited (LANV) | $-32.91 Million | 0.00% | 0.00x | $88.89 Million |
| LuxExperience B.V. (LUXE) | $385.72 Million | -8.45% | 0.35x | $1.11 Billion |
| Movado Group Inc (MOV) | $92.90 Million | 14.96% | 1.01x | $499.96 Million |
| MYT Netherlands Parent BV (MYTE) | $64.38 Million | 9.86% | 4.99x | $1.04 Billion |
About TheRealReal Inc
The RealReal, Inc. operates an online marketplace for resale luxury goods worldwide. It provides a range of product categories, including women's fashion, men's fashion, jewelry, and watches. The company sells products through its website, online marketplace, mobile app, and retail stores. The RealReal, Inc. was incorporated in 2011 and is headquartered in San Francisco, California.