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Side-by-side financial comparison of Airship AI Holdings, Inc. (AISP) and Rent the Runway, Inc. (RENT). Click either name above to swap in a different company.

Rent the Runway, Inc. is the larger business by last-quarter revenue ($10.6M vs $6.5M, roughly 1.6× Airship AI Holdings, Inc.). Rent the Runway, Inc. runs the higher net margin — 721.7% vs 353.6%, a 368.1% gap on every dollar of revenue. On growth, Airship AI Holdings, Inc. posted the faster year-over-year revenue change (102.5% vs 10.4%). Over the past eight quarters, Airship AI Holdings, Inc.'s revenue compounded faster (24.2% CAGR vs 1.0%).

Airship Industries was a British manufacturers of modern non-rigid airships (blimps) active under that name from 1980 to 1990 and controlled for part of that time by Alan Bond. The first company, Aerospace Developments, was founded in 1970, and a successor, Hybrid Air Vehicles, remains active as of 2022. Airship Industries itself was active between 1980 and 1990.

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.

AISP vs RENT — Head-to-Head

Bigger by revenue
RENT
RENT
1.6× larger
RENT
$10.6M
$6.5M
AISP
Growing faster (revenue YoY)
AISP
AISP
+92.1% gap
AISP
102.5%
10.4%
RENT
Higher net margin
RENT
RENT
368.1% more per $
RENT
721.7%
353.6%
AISP
Faster 2-yr revenue CAGR
AISP
AISP
Annualised
AISP
24.2%
1.0%
RENT

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
AISP
AISP
RENT
RENT
Revenue
$6.5M
$10.6M
Net Profit
$23.0M
$76.5M
Gross Margin
51.2%
-126.4%
Operating Margin
-9.4%
-152.8%
Net Margin
353.6%
721.7%
Revenue YoY
102.5%
10.4%
Net Profit YoY
145.8%
504.8%
EPS (diluted)
$0.75
$13.65

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AISP
AISP
RENT
RENT
Q4 25
$6.5M
$10.6M
Q3 25
$11.7M
Q2 25
$2.1M
$7.6M
Q1 25
$5.5M
$11.8M
Q4 24
$3.2M
$9.6M
Q3 24
$2.9M
$10.4M
Q2 24
$6.4M
$8.9M
Q1 24
$10.6M
$10.4M
Net Profit
AISP
AISP
RENT
RENT
Q4 25
$23.0M
$76.5M
Q3 25
$-26.4M
Q2 25
$-23.8M
$-26.1M
Q1 25
$23.7M
$-13.4M
Q4 24
$-50.2M
$-18.9M
Q3 24
$6.2M
$-15.6M
Q2 24
$18.5M
$-22.0M
Q1 24
$-32.0M
$-24.8M
Gross Margin
AISP
AISP
RENT
RENT
Q4 25
51.2%
-126.4%
Q3 25
-92.3%
Q2 25
71.4%
-168.4%
Q1 25
40.6%
-71.2%
Q4 24
38.6%
-122.9%
Q3 24
75.1%
-98.1%
Q2 24
70.4%
-131.5%
Q1 24
24.9%
-93.3%
Operating Margin
AISP
AISP
RENT
RENT
Q4 25
-9.4%
-152.8%
Q3 25
-171.8%
Q2 25
-94.2%
-259.2%
Q1 25
-31.2%
-65.3%
Q4 24
-46.5%
-142.7%
Q3 24
-55.4%
-92.3%
Q2 24
15.3%
-185.4%
Q1 24
-13.3%
-185.6%
Net Margin
AISP
AISP
RENT
RENT
Q4 25
353.6%
721.7%
Q3 25
-225.6%
Q2 25
-1106.6%
-343.4%
Q1 25
430.8%
-113.6%
Q4 24
-1564.8%
-196.9%
Q3 24
216.7%
-150.0%
Q2 24
288.4%
-247.2%
Q1 24
-302.3%
-238.5%
EPS (diluted)
AISP
AISP
RENT
RENT
Q4 25
$0.75
$13.65
Q3 25
$-6.55
Q2 25
$-0.75
$-6.58
Q1 25
$0.61
$-2.72
Q4 24
$-1.72
$-4.70
Q3 24
$0.17
$-4.17
Q2 24
$0.61
$-6.03
Q1 24
$-1.40
$-5.36

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AISP
AISP
RENT
RENT
Cash + ST InvestmentsLiquidity on hand
$11.8M
$50.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$-7.1M
$-35.1M
Total Assets
$19.5M
$231.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AISP
AISP
RENT
RENT
Q4 25
$11.8M
$50.7M
Q3 25
$43.6M
Q2 25
$6.3M
$70.4M
Q1 25
$8.8M
$77.4M
Q4 24
$11.4M
$74.1M
Q3 24
$6.5M
$76.6M
Q2 24
$226.8K
$82.0M
Q1 24
$1.7M
$84.0M
Total Debt
AISP
AISP
RENT
RENT
Q4 25
Q3 25
Q2 25
$340.6M
Q1 25
$333.7M
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AISP
AISP
RENT
RENT
Q4 25
$-7.1M
$-35.1M
Q3 25
$-232.1M
Q2 25
$-46.9M
$-207.1M
Q1 25
$-23.5M
$-182.5M
Q4 24
$-53.0M
$-171.2M
Q3 24
$-12.9M
$-154.5M
Q2 24
$-28.0M
$-141.3M
Q1 24
$-48.1M
$-122.3M
Total Assets
AISP
AISP
RENT
RENT
Q4 25
$19.5M
$231.0M
Q3 25
$219.0M
Q2 25
$10.1M
$245.3M
Q1 25
$12.9M
$240.0M
Q4 24
$13.7M
$251.6M
Q3 24
$9.1M
$257.4M
Q2 24
$5.3M
$278.4M
Q1 24
$4.7M
$278.5M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AISP
AISP
RENT
RENT
Operating Cash FlowLast quarter
$-3.5M
$-1.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.15×
-0.02×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AISP
AISP
RENT
RENT
Q4 25
$-3.5M
$-1.4M
Q3 25
$-10.5M
Q2 25
$-1.8M
$8.3M
Q1 25
$-2.1M
$1.4M
Q4 24
$-2.1M
$4.7M
Q3 24
$-251.4K
$2.2M
Q2 24
$-2.5M
$4.6M
Q1 24
$-1.7M
$-8.0M
Cash Conversion
AISP
AISP
RENT
RENT
Q4 25
-0.15×
-0.02×
Q3 25
Q2 25
Q1 25
-0.09×
Q4 24
Q3 24
-0.04×
Q2 24
-0.13×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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