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Rent the Runway (RENT) is a Consumer Discretionary company in the Russell 2000. Latest news and coverage below.
| FY2019Jan 2020 | FY2020Jan 2021 | FY2021Jan 2022 | FY2022Jan 2023 | FY2023Jan 2024 | FY2024Jan 2025 | FY2025Jan 2026 | |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | $256.9M | $157.5M | $203.3M | $296.4M | $298.2M | $306.2M | $329.8M |
| Growth (year over year) | — | −38.7% | +29.1% | +45.8% | +0.6% | +2.7% | +7.7% |
| Gross profit | $138.8M | $104.5M | $141.4M | $204.2M | $212.2M | $223.4M | $241.3M |
| Gross margin | 54.0% | 66.3% | 69.6% | 68.9% | 71.2% | 73.0% | 73.2% |
| Operating income | −$130.0M | −$130.5M | −$125.9M | −$103.6M | −$80.0M | −$47.5M | −$57.5M |
| Operating margin | −50.6% | −82.9% | −61.9% | −35.0% | −26.8% | −15.5% | −17.4% |
| Net income | −$153.9M | −$171.1M | −$211.8M | −$138.7M | −$113.2M | −$69.9M | $22.6M |
| Net margin | −59.9% | −108.6% | −104.2% | −46.8% | −38.0% | −22.8% | 6.9% |
| EPS (diluted) | −$280.80 | −$307.20 | −$170.30 | −$43.17 | −$31.52 | −$17.62 | $1.88 |
| Balance sheet | |||||||
| Cash and equivalents | $31.4M | $95.3M | $247.6M | $154.5M | $84.0M | $77.4M | $50.4M |
| Total assets | — | $320.7M | $447.5M | $336.2M | $278.5M | $240.0M | $221.0M |
| Total liabilities | — | $459.3M | $376.4M | $371.5M | $400.8M | $422.5M | $257.1M |
| Long-term debt | — | $355.1M | $260.8M | $272.5M | $306.7M | $333.7M | $156.6M |
| Shareholders' equity | −$364.3M | −$526.7M | $71.1M | −$35.3M | −$122.3M | −$182.5M | −$36.1M |
| Cash flow | |||||||
| Operating cash flow | −$37.6M | −$42.8M | −$42.3M | −$47.7M | −$15.7M | $12.9M | $3.50M |
| Q3 FY24Oct 2024 | Q4 FY24†Jan 2025 | Q1 FY25Apr 2025 | Q2 FY25Jul 2025 | Q3 FY25Oct 2025 | Q4 FY25†Jan 2026 | Q1 FY26Apr 2026 | Q2 FY26Jul 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $75.9M | $76.4M | $69.6M | $80.9M | $87.6M | $91.7M | $89.9M | $97.7M |
| Growth (year over year) | +4.7% | +0.8% | −7.2% | +2.5% | +15.4% | +20.0% | +29.2% | +20.8% |
| Gross profit | $54.5M | $56.2M | $49.2M | $58.4M | $63.6M | $70.1M | $66.3M | $74.2M |
| Gross margin | 71.8% | 73.6% | 70.7% | 72.2% | 72.6% | 76.4% | 73.7% | 75.9% |
| Operating income | −$13.7M | −$7.70M | −$19.7M | −$20.1M | −$16.2M | −$1.50M | −$19.7M | −$7.80M |
| Operating margin | −18.1% | −10.1% | −28.3% | −24.8% | −18.5% | −1.6% | −21.9% | −8.0% |
| Net income | −$18.9M | −$13.4M | −$26.1M | −$26.4M | $76.5M | −$1.40M | −$18.9M | −$12.9M |
| Net margin | −24.9% | −17.5% | −37.5% | −32.6% | 87.3% | −1.5% | −21.0% | −13.2% |
| EPS (diluted) | −$4.70 | −$2.72 | −$6.26 | −$6.23 | $13.65 | $0.72 | −$0.57 | −$0.38 |
| Balance sheet | ||||||||
| Cash and equivalents | $74.1M | $77.4M | $70.4M | $43.6M | $50.7M | $50.4M | $37.1M | $29.0M |
| Total assets | $251.6M | $240.0M | $245.3M | $219.0M | $231.0M | $221.0M | $212.7M | $192.4M |
| Total liabilities | $422.8M | $422.5M | $452.4M | $451.1M | $266.1M | $257.1M | $266.0M | $257.9M |
| Long-term debt | $326.7M | $333.7M | $340.6M | $343.9M | $159.1M | $156.6M | $157.1M | $157.5M |
| Shareholders' equity | −$171.2M | −$182.5M | −$207.1M | −$232.1M | −$35.1M | −$36.1M | −$53.3M | −$65.5M |
| Cash flow | ||||||||
| Operating cash flow | $4.70M | $1.40M | $8.30M | −$10.5M | −$1.40M | $7.10M | −$3.80M | −$1.20M |
From Rent the Runway's 10-K and 10-Q filings with the SEC; its fiscal year ends in January. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →