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Side-by-side financial comparison of Excelerate Energy, Inc. (EE) and TheRealReal, Inc. (REAL). Click either name above to swap in a different company.

Excelerate Energy, Inc. is the larger business by last-quarter revenue ($317.6M vs $194.1M, roughly 1.6× TheRealReal, Inc.). On growth, TheRealReal, Inc. posted the faster year-over-year revenue change (18.3% vs 15.7%). Over the past eight quarters, Excelerate Energy, Inc.'s revenue compounded faster (26.0% CAGR vs 16.2%).

Excelerate Energy, Inc. is a global leading provider of flexible liquefied natural gas (LNG) solutions, offering floating storage and regasification units, LNG delivery services and integrated infrastructure projects. It serves utility and industrial clients across Europe, Asia, Latin America and the Middle East, supporting markets to achieve accessible low-carbon energy transitions.

The RealReal, Inc. is an online marketplace for users to buy and sell luxury goods that are authenticated by experts. It has more than 38 million members, and has sold nearly 40 million items as of Sept. 30, 2023.

EE vs REAL — Head-to-Head

Bigger by revenue
EE
EE
1.6× larger
EE
$317.6M
$194.1M
REAL
Growing faster (revenue YoY)
REAL
REAL
+2.7% gap
REAL
18.3%
15.7%
EE
Faster 2-yr revenue CAGR
EE
EE
Annualised
EE
26.0%
16.2%
REAL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EE
EE
REAL
REAL
Revenue
$317.6M
$194.1M
Net Profit
Gross Margin
74.8%
Operating Margin
22.2%
3.2%
Net Margin
Revenue YoY
15.7%
18.3%
Net Profit YoY
EPS (diluted)
$0.24
$0.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EE
EE
REAL
REAL
Q4 25
$317.6M
$194.1M
Q3 25
$391.0M
$173.6M
Q2 25
$204.6M
$165.2M
Q1 25
$315.1M
$160.0M
Q4 24
$274.6M
$164.0M
Q3 24
$193.4M
$147.8M
Q2 24
$183.3M
$144.9M
Q1 24
$200.1M
$143.8M
Net Profit
EE
EE
REAL
REAL
Q4 25
Q3 25
$-54.1M
Q2 25
$-11.4M
Q1 25
$62.4M
Q4 24
Q3 24
$-17.9M
Q2 24
$-16.7M
Q1 24
$-31.1M
Gross Margin
EE
EE
REAL
REAL
Q4 25
74.8%
Q3 25
74.3%
Q2 25
74.3%
Q1 25
75.0%
Q4 24
74.4%
Q3 24
74.9%
Q2 24
74.1%
Q1 24
74.6%
Operating Margin
EE
EE
REAL
REAL
Q4 25
22.2%
3.2%
Q3 25
22.3%
-4.3%
Q2 25
21.2%
-6.0%
Q1 25
20.9%
-8.0%
Q4 24
21.9%
-3.1%
Q3 24
30.9%
-9.9%
Q2 24
27.2%
-13.0%
Q1 24
22.6%
-12.5%
Net Margin
EE
EE
REAL
REAL
Q4 25
Q3 25
-31.1%
Q2 25
-6.9%
Q1 25
39.0%
Q4 24
Q3 24
-12.1%
Q2 24
-11.5%
Q1 24
-21.6%
EPS (diluted)
EE
EE
REAL
REAL
Q4 25
$0.24
$0.06
Q3 25
$0.43
$-0.49
Q2 25
$0.15
$-0.13
Q1 25
$0.46
$-0.14
Q4 24
$0.42
$-0.57
Q3 24
$0.35
$-0.17
Q2 24
$0.26
$-0.20
Q1 24
$0.24
$-0.30

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EE
EE
REAL
REAL
Cash + ST InvestmentsLiquidity on hand
$538.2M
$151.2M
Total DebtLower is stronger
$936.3M
Stockholders' EquityBook value
$2.2B
$-415.5M
Total Assets
$4.1B
$409.0M
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EE
EE
REAL
REAL
Q4 25
$538.2M
$151.2M
Q3 25
$462.6M
$108.4M
Q2 25
$426.0M
$94.3M
Q1 25
$619.5M
$139.6M
Q4 24
$537.5M
$172.2M
Q3 24
$608.4M
$153.2M
Q2 24
$609.1M
$150.7M
Q1 24
$578.9M
$166.0M
Total Debt
EE
EE
REAL
REAL
Q4 25
$936.3M
Q3 25
$942.0M
Q2 25
$946.2M
Q1 25
$322.6M
Q4 24
$333.6M
Q3 24
$345.7M
Q2 24
$356.4M
Q1 24
$366.9M
Stockholders' Equity
EE
EE
REAL
REAL
Q4 25
$2.2B
$-415.5M
Q3 25
$2.2B
$-385.1M
Q2 25
$2.1B
$-338.2M
Q1 25
$1.9B
$-336.1M
Q4 24
$1.9B
$-407.4M
Q3 24
$1.9B
$-345.4M
Q2 24
$1.8B
$-335.3M
Q1 24
$1.8B
$-327.1M
Total Assets
EE
EE
REAL
REAL
Q4 25
$4.1B
$409.0M
Q3 25
$4.1B
$366.2M
Q2 25
$4.0B
$349.4M
Q1 25
$2.9B
$400.4M
Q4 24
$2.9B
$423.1M
Q3 24
$2.9B
$406.3M
Q2 24
$2.9B
$407.4M
Q1 24
$2.9B
$431.6M
Debt / Equity
EE
EE
REAL
REAL
Q4 25
0.42×
Q3 25
0.43×
Q2 25
0.44×
Q1 25
0.17×
Q4 24
0.18×
Q3 24
0.18×
Q2 24
0.19×
Q1 24
0.20×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EE
EE
REAL
REAL
Operating Cash FlowLast quarter
$104.4M
$49.5M
Free Cash FlowOCF − Capex
$45.8M
FCF MarginFCF / Revenue
23.6%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$18.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EE
EE
REAL
REAL
Q4 25
$104.4M
$49.5M
Q3 25
$114.9M
$19.3M
Q2 25
$87.1M
$-3.6M
Q1 25
$154.8M
$-28.3M
Q4 24
$49.6M
$28.0M
Q3 24
$39.8M
$9.1M
Q2 24
$90.4M
$-6.8M
Q1 24
$64.7M
$-3.5M
Free Cash Flow
EE
EE
REAL
REAL
Q4 25
$45.8M
Q3 25
$16.9M
Q2 25
$-11.4M
Q1 25
$-33.0M
Q4 24
$22.9M
Q3 24
$5.0M
Q2 24
$-9.8M
Q1 24
$-5.6M
FCF Margin
EE
EE
REAL
REAL
Q4 25
23.6%
Q3 25
9.7%
Q2 25
-6.9%
Q1 25
-20.6%
Q4 24
14.0%
Q3 24
3.4%
Q2 24
-6.7%
Q1 24
-3.9%
Capex Intensity
EE
EE
REAL
REAL
Q4 25
1.9%
Q3 25
1.4%
Q2 25
4.7%
Q1 25
2.9%
Q4 24
3.1%
Q3 24
2.7%
Q2 24
2.1%
Q1 24
1.5%
Cash Conversion
EE
EE
REAL
REAL
Q4 25
Q3 25
Q2 25
Q1 25
-0.45×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EE
EE

Other$179.4M57%
Revenue From Leases$138.1M43%

REAL
REAL

Services$149.0M77%
Products$27.2M14%
Shipping And Handling$17.8M9%

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