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Side-by-side financial comparison of Blue Hat Interactive Entertainment Technology (BHAT) and Rent the Runway, Inc. (RENT). Click either name above to swap in a different company.

Blue Hat Interactive Entertainment Technology is the larger business by last-quarter revenue ($13.1M vs $10.6M, roughly 1.2× Rent the Runway, Inc.). Rent the Runway, Inc. runs the higher net margin — 721.7% vs -9.9%, a 731.6% gap on every dollar of revenue.

Blue Hat Interactive Entertainment Technology develops and produces interactive entertainment products including AR games, smart interactive toys, and immersive leisure content. It primarily serves mainland China's consumer market, with expanding distribution across Southeast Asia, focusing on family and youth entertainment segments.

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.

BHAT vs RENT — Head-to-Head

Bigger by revenue
BHAT
BHAT
1.2× larger
BHAT
$13.1M
$10.6M
RENT
Higher net margin
RENT
RENT
731.6% more per $
RENT
721.7%
-9.9%
BHAT

Income Statement — Q2 FY2025 vs Q3 FY2026

Metric
BHAT
BHAT
RENT
RENT
Revenue
$13.1M
$10.6M
Net Profit
$-1.3M
$76.5M
Gross Margin
8.3%
-126.4%
Operating Margin
-9.4%
-152.8%
Net Margin
-9.9%
721.7%
Revenue YoY
10.4%
Net Profit YoY
504.8%
EPS (diluted)
$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
BHAT
BHAT
RENT
RENT
Q4 25
$10.6M
Q3 25
$11.7M
Q2 25
$13.1M
$7.6M
Q1 25
$11.8M
Q4 24
$9.6M
Q3 24
$10.4M
Q2 24
$46.3M
$8.9M
Q1 24
$10.4M
Net Profit
BHAT
BHAT
RENT
RENT
Q4 25
$76.5M
Q3 25
$-26.4M
Q2 25
$-1.3M
$-26.1M
Q1 25
$-13.4M
Q4 24
$-18.9M
Q3 24
$-15.6M
Q2 24
$-4.4M
$-22.0M
Q1 24
$-24.8M
Gross Margin
BHAT
BHAT
RENT
RENT
Q4 25
-126.4%
Q3 25
-92.3%
Q2 25
8.3%
-168.4%
Q1 25
-71.2%
Q4 24
-122.9%
Q3 24
-98.1%
Q2 24
0.2%
-131.5%
Q1 24
-93.3%
Operating Margin
BHAT
BHAT
RENT
RENT
Q4 25
-152.8%
Q3 25
-171.8%
Q2 25
-9.4%
-259.2%
Q1 25
-65.3%
Q4 24
-142.7%
Q3 24
-92.3%
Q2 24
-8.8%
-185.4%
Q1 24
-185.6%
Net Margin
BHAT
BHAT
RENT
RENT
Q4 25
721.7%
Q3 25
-225.6%
Q2 25
-9.9%
-343.4%
Q1 25
-113.6%
Q4 24
-196.9%
Q3 24
-150.0%
Q2 24
-9.4%
-247.2%
Q1 24
-238.5%
EPS (diluted)
BHAT
BHAT
RENT
RENT
Q4 25
$13.65
Q3 25
$-6.55
Q2 25
$-6.58
Q1 25
$-2.72
Q4 24
$-4.70
Q3 24
$-4.17
Q2 24
$-6.03
Q1 24
$-5.36

Balance Sheet & Financial Strength

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

Metric
BHAT
BHAT
RENT
RENT
Cash + ST InvestmentsLiquidity on hand
$14.3K
$50.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$32.1M
$-35.1M
Total Assets
$75.2M
$231.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BHAT
BHAT
RENT
RENT
Q4 25
$50.7M
Q3 25
$43.6M
Q2 25
$14.3K
$70.4M
Q1 25
$77.4M
Q4 24
$74.1M
Q3 24
$76.6M
Q2 24
$407.6K
$82.0M
Q1 24
$84.0M
Total Debt
BHAT
BHAT
RENT
RENT
Q4 25
Q3 25
Q2 25
$340.6M
Q1 25
$333.7M
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BHAT
BHAT
RENT
RENT
Q4 25
$-35.1M
Q3 25
$-232.1M
Q2 25
$32.1M
$-207.1M
Q1 25
$-182.5M
Q4 24
$-171.2M
Q3 24
$-154.5M
Q2 24
$40.6M
$-141.3M
Q1 24
$-122.3M
Total Assets
BHAT
BHAT
RENT
RENT
Q4 25
$231.0M
Q3 25
$219.0M
Q2 25
$75.2M
$245.3M
Q1 25
$240.0M
Q4 24
$251.6M
Q3 24
$257.4M
Q2 24
$49.3M
$278.4M
Q1 24
$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
BHAT
BHAT
RENT
RENT
Operating Cash FlowLast quarter
$2.6M
$-1.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.02×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BHAT
BHAT
RENT
RENT
Q4 25
$-1.4M
Q3 25
$-10.5M
Q2 25
$2.6M
$8.3M
Q1 25
$1.4M
Q4 24
$4.7M
Q3 24
$2.2M
Q2 24
$4.6M
Q1 24
$-8.0M
Cash Conversion
BHAT
BHAT
RENT
RENT
Q4 25
-0.02×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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