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Nasdaq · Consumer Discretionary

Rent the Runway, Inc. (RENT)

As-reported financials and SEC filings for Rent the Runway, Inc. The latest annual period is FY2025. The latest reported quarter is Q1 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Rent the Runway, Inc.

Rent the Runway, Inc. operates an online platform that offers women access to a wide range of designer clothing and accessories through subscription rentals, a-la-carte rentals, and resale purchases. The company serves customers by providing a rotating selection of styles for various occasions, sourced directly from numerous brand partners. Its services include monthly subscription plans, event-based rentals, and discounted sales of pre-owned items, supported by proprietary technology and logistics systems.

Snapshot

Revenue
$329.8M
Revenue growth (YoY)
7.7%
Net income
$22.6M
Diluted EPS
$1.88
Gross margin
73.2%
Operating margin
-17.4%
Net margin
6.9%
FCF margin
ROE
net income / fiscal-year-end equity
P/E
2.0×
trailing when available, otherwise FY EPS
Market cap
$124.3M
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended January 31, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Rent the Runway

  • Revenue grew 7.7% to $330M in FY2025, faster than the 2.7% the year before.
  • Operating margin is -17.4% in FY2025, +44.5 pp against -61.9% in FY2021.
  • Most recent quarter Q1 FY2026: revenue $90M, up 29.2% from Q1 FY2025.
  • Net income turned positive at $23M in FY2025, from a $70M loss in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Rent the Runway’s fundamentals sit among the 403 Consumer Discretionary companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin73.2%
96th percentile of 275
Operating margin-17.4%
10th percentile of 348
Net margin6.9%
71st percentile of 377
Revenue growth (YoY)+7.7%
68th percentile of 394
P/E2.0×
2nd percentile of 249
Short interest34.19d
99th percentile of 401

Rent the Runway’s P/E of 2.0 ranks in the 2nd percentile of the 249 peers with a meaningful P/E. Rent the Runway’s gross margin of 73.2% ranks in the 96th percentile of the 275 Consumer Discretionary companies reporting it. Rent the Runway’s operating margin of -17.4% ranks in the 10th percentile of the 348 Consumer Discretionary companies reporting it.

No reported insider purchases (code P) in the last 90 days; 1 insider sale totaling $103,220. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 quant / multi-strat book among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+1 quant / multi-strat
Initiated / added
0
0 new, 0 added
Reduced / exited
3
1 trimmed, 2 exited
Combined position
$91,520
reported long value
InvestorAs ofPosition valueSharesChange
Two Sigma InvestmentsquantQ2 2026$91,52029.1KReduced

No longer held by: Millennium Management (as of Q2 2026), Renaissance Technologies (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
1
$103K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-07-24
filed 2026-07-27
Fonseca Dhiren R.DirectorSell34.5K$2.99$103K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
1.2M
settled 2026-08-14
Change vs prior
-10.3%
vs previous settlement
Days to cover
34.19
at avg daily volume
Avg daily volume
36.3K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-141.2M-10.3%34.19
2026-07-311.4M+2.2%25.97
2026-07-151.4M-1.5%21.41
2026-06-301.4M+25.0%8.06
2026-06-151.1M-0.9%12.53
2026-05-291.1M+5.4%10.92
2026-05-151.1M+7.4%13.40
2026-04-30980.1K-8.0%11.77

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$329.8M$306.2M$298.2M$296.4M$203.3M
Gross profit$241.3M$223.4M$212.2M$204.2M$141.4M
Operating income$-57.5M$-47.5M$-80.0M$-103.6M$-125.9M
Net income$22.6M$-69.9M$-113.2M$-138.7M$-211.8M
Diluted EPS$1.88$-5.87$-10.51$-14.39$-56.77

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$3.5M$12.9M$-15.7M$-47.7M$-42.3M
Capital expenditure
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$89.9M29.2%$-18.9M$-0.57
Q4 FY2025$91.7M20.0%$-1.4M$-0.04
Q3 FY2025$87.6M15.4%$76.5M
Q2 FY2025$80.9M2.5%$-26.4M
Q1 FY2025$69.6M-7.2%$-26.1M
Q4 FY2024$76.4M0.8%$-13.4M
Q3 FY2024$75.9M4.7%$-18.9M
Q2 FY2024$78.9M4.2%$-15.6M

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorConsumer Discretionary
SIC industryRetail-Retail Stores, NEC
Latest annual periodFY2025 (ended January 31, 2026)
Latest reported quarterQ1 FY2026 (ended April 30, 2026)
Oldest indexed filing2009
SEC CIK1468327

Selected SEC filings

10-K2026-04-14
View on EDGAR →
10-Q2026-06-03
View on EDGAR →
10-Q2025-12-12
View on EDGAR →
8-K2026-09-01
View on EDGAR →
8-K2026-08-13
View on EDGAR →
8-K2026-07-16
View on EDGAR →
8-K2026-06-03
View on EDGAR →

Largest Consumer Discretionary peers

All Consumer Discretionary companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.