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Rent the Runway, Inc.

RENT

Rent the Runway operates a premier shared designer closet platform that provides women with access to a vast assortment of high-end apparel and accessories.

Market cap
$111.84M+425%
Revenue$350.1M+16.4%
Net income$31.2M+142%
Free cash flow-$9.0M-154%
EPS (diluted)$7.57+141%
Trailing twelve months · change vs. prior year

Earnings

Next report

Sep 16, 2026 (in 2 months)

Financials

Q1 2026

Income statement

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Revenue$89.9M+29.2%
Gross profit$66.3M+34.8%
Operating income-$19.7M0.0%
Net income-$18.9M+27.6%
EPS (diluted)-$0.57+90.9%

Balance sheet

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Cash & equivalents$45.3M-42.9%
Total debt$198.0M-48.8%
Total equity-$53.3M+74.3%
Total assets$212.7M-13.3%

Cash flow

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Operating cash flow-$3.8M-146%
CapEx$200.0K
Free cash flow-$4.0M-148%

Valuation & ratios

Valuation

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Market cap$111.84M+425%
Enterprise value$264.54M-19.2%
P/E3.6×
P/S0.3×+0.3×

Profitability

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Gross margin73.8%+1.3pp
Operating margin-16.4%-0.4pp
Net margin8.9%+5.1pp
FCF margin-2.6%-8.2pp

Returns & leverage

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Current ratio0.8×-0.5×

Competitors

Profile

Rent the Runway operates a premier shared designer closet platform that provides women with access to a vast assortment of high-end apparel and accessories. The company leverages a proprietary reverse logistics and data-driven technology stack to offer a circular fashion economy through rental and resale models. Its core value proposition centers on providing a cost-effective, sustainable alternative to traditional ownership while serving as a discovery engine for designer brands.

Competitive position

A pioneer in the 'Closet in the Cloud' concept with a significant first-mover advantage in designer rental logistics and data insights.

GeographiesUnited States
Customer segmentsRetail consumers, Female professionals
Business modelSubscription, Direct-to-Consumer, Circular Economy, Marketplace
SuppliersDesigner brand partners, Garment manufacturers, Cleaning and repair supply providers, Shipping and logistics carriers
CustomersIndividual retail consumers, Subscribers
Listed2021
Employees1.1K
CEOJennifer Y. Hyman
FilingsSEC EDGAR

Questions, answered.

What is Rent the Runway, Inc.'s market cap?
Rent the Runway, Inc. (RENT) has a market capitalization of $111.8M and trades on NASDAQ.
What is Rent the Runway, Inc.'s revenue and profitability?
Rent the Runway, Inc. generated $350.1M in trailing twelve-month revenue with net income of $31.2M, representing a net margin of 8.9%. Gross margin stands at 73.8%, with free cash flow of -$9.0M. These figures are based on the Q2 2026 filing.
Who are Rent the Runway, Inc.'s competitors?
Rent the Runway, Inc.'s key competitors include Nuuly, Stitch Fix, ThredUp, and others. These companies compete in similar markets and product categories.
Who does Rent the Runway, Inc. partner with?
Rent the Runway, Inc.'s notable partners include United Parcel Service, FedEx.
Where is Rent the Runway, Inc. headquartered?
Rent the Runway, Inc. is headquartered in United States of America and employs approximately 1,104 people. It has been publicly traded since 2021.