Rent the Runway, Inc.RENTEarnings & Financial Report
Rent the Runway is an American e-commerce platform that allows users to rent, subscribe, or buy designer apparel and accessories. It was founded in November 2009 by Jennifer Hyman and Jennifer Fleiss and is based in New York City.
RENT Q3 2026 Key Financial Metrics
Revenue
$10.6M
Gross Profit
$-13.4M
Operating Profit
$-16.2M
Net Profit
$76.5M
Gross Margin
-126.4%
Operating Margin
-152.8%
Net Margin
721.7%
YoY Growth
10.4%
EPS
$13.65
Financial Flow
Rent the Runway, Inc. Q3 2026 Financial Summary
Rent the Runway, Inc. reported revenue of $10.6M for Q3 2026, with a net profit of $76.5M (721.7% margin). Cost of goods sold was $24.0M, operating expenses totaled $2.8M.
Key Financial Metrics
| Total Revenue | $10.6M |
|---|---|
| Net Profit | $76.5M |
| Gross Margin | -126.4% |
| Operating Margin | -152.8% |
| Report Period | Q3 2026 |
Rent the Runway, Inc. Annual Revenue by Year
Rent the Runway, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $40.7M).
| Year | Annual Revenue |
|---|---|
| 2025 | $40.7M |
| 2024 | $33.3M |
| 2023 | $27.8M |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $10.4M | $8.9M | $10.4M | $9.6M | $11.8M | $7.6M | $11.7M | $10.6M |
| YoY Growth | 48.6% | 20.3% | 35.1% | 23.1% | 13.5% | -14.6% | 12.5% | 10.4% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $278.5M | $278.4M | $257.4M | $251.6M | $240.0M | $245.3M | $219.0M | $231.0M |
| Liabilities | $400.8M | $419.7M | $411.9M | $422.8M | $422.5M | $452.4M | $451.1M | $266.1M |
| Equity | $-122.3M | $-141.3M | $-154.5M | $-171.2M | $-182.5M | $-207.1M | $-232.1M | $-35.1M |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-8.0M | $4.6M | $2.2M | $4.7M | $1.4M | $8.3M | $-10.5M | $-1.4M |
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