Rent the Runway, Inc. (RENT) Financial Statements
Industry: Retail Stores (Other) (Retail)
In fiscal 2025, Rent the Runway reported revenue of $329.8M, up 7.7% from $306.2M the year before. Net income was $22.6M (a 6.9% net margin), or $1.88 per diluted share. Gross margin was 73.2% and operating margin was -17.4%. Operating activities generated $3.5M of cash. At fiscal year end, Rent the Runway held $221.0M in total assets against $257.1M in total liabilities, including $50.4M of cash and equivalents.
Open the full interactive Rent the Runway financials → Quarterly statements, key ratios, valuation history and price charts.
Rent the Runway Key Stats
| Share Price | $1.78 |
|---|---|
| Market Cap | $59.8M |
| P/E Ratio | 0.9 |
| Revenue YoY Growth | +7.7% |
| 52-Week Range | $1.55 – $9.39 |
| Shares Outstanding | 33.6 million (basic, 2026 Q2) |
Rent the Runway Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $203.3M | $296.4M | $298.2M | $306.2M | $329.8M |
| Cost of Goods Sold | $61.9M | $92.2M | $86.0M | $82.8M | $88.5M |
| Gross Profit | $141.4M | $204.2M | $212.2M | $223.4M | $241.3M |
| Operating Income | -$125.9M | -$103.6M | -$80.0M | -$47.5M | -$57.5M |
| Pre-Tax Income | -$212.1M | -$138.9M | -$113.0M | -$69.6M | $22.7M |
| Income Tax | -$300,000 | -$200,000 | $200,000 | $300,000 | $100,000 |
| Net Income | -$211.8M | -$138.7M | -$113.2M | -$69.9M | $22.6M |
| Diluted EPS | -$170.20 | -$43.20 | -$33.12 | -$18.51 | $1.88 |
Rent the Runway Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $87.6M | $91.7M | $89.9M | $97.7M |
| Net Income | $76.5M | -$1.4M | -$18.9M | -$12.9M |
| Diluted EPS | $13.65 | -$0.12 | -$0.57 | -$0.38 |
Rent the Runway Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $247.6M | $154.5M | $84.0M | $77.4M | $50.4M |
| Current Assets | $264.7M | $172.1M | $102.2M | $93.9M | $66.7M |
| Total Assets | $447.5M | $336.2M | $278.5M | $240.0M | $221.0M |
| Current Liabilities | $68.8M | $60.0M | $48.1M | $47.4M | $63.2M |
| Total Long-Term Debt | $260.8M | $272.5M | $306.7M | $333.7M | $156.6M |
| Total Liabilities | $376.4M | $371.5M | $400.8M | $422.5M | $257.1M |
| Shareholders' Equity | $71.1M | -$35.3M | -$122.3M | -$182.5M | -$36.1M |
Rent the Runway Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | -$42.3M | -$47.7M | -$15.7M | $12.9M | $3.5M |
| Cash From Investing | -$22.5M | -$44.3M | -$54.6M | -$20.1M | -$49.5M |
| Cash From Financing | $215.2M | -$4.0M | $700,000 | -$300,000 | $18.6M |
Figures from Rent the Runway's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Rent the Runway financials page for every line item.
Rent the Runway Company Profile
| Ticker | RENT |
|---|---|
| Exchange | Nasdaq |
| Industry | Retail Stores (Other) (Retail) |
| Headquarters | Brooklyn, New York |
| Incorporated in | Delaware |
| Fiscal Year End | January 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001468327 |
Frequently Asked Questions
What was Rent the Runway's revenue in fiscal 2025?
Rent the Runway (RENT) reported revenue of $329.8M for fiscal 2025.
What is Rent the Runway's annual revenue history?
Rent the Runway's annual revenue by fiscal year: 2021: $203.3M; 2022: $296.4M; 2023: $298.2M; 2024: $306.2M; 2025: $329.8M.
What was Rent the Runway's net income in fiscal 2025?
Rent the Runway reported net income of $22.6M for fiscal 2025.
What was Rent the Runway's earnings per share (EPS) in fiscal 2025?
Rent the Runway's diluted EPS was $1.88 for fiscal 2025 (adjusted for any later stock splits).
What was Rent the Runway's revenue last quarter?
In its most recent reported quarter (2026 Q2), Rent the Runway reported revenue of $97.7M.
How much debt does Rent the Runway have?
Rent the Runway reported $156.6M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Rent the Runway are outstanding?
Rent the Runway reported a weighted average of 33.6 million basic shares outstanding in 2026 Q2.
What is Rent the Runway's market cap?
Based on its latest closing price, Rent the Runway (RENT) has a market capitalization of about $59.8M.
When does Rent the Runway's fiscal year end?
Rent the Runway's fiscal year end, as registered with the SEC, is January 31.
Where is Rent the Runway headquartered?
Rent the Runway lists its business address in Brooklyn, New York in its SEC filings.