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Side-by-side financial comparison of Maase Inc. (MAAS) 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 $9.9M, roughly 1.1× Maase Inc.).

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.

MAAS vs RENT — Head-to-Head

Bigger by revenue
RENT
RENT
1.1× larger
RENT
$10.6M
$9.9M
MAAS

Income Statement — Q2 FY2023 vs Q3 FY2026

Metric
MAAS
MAAS
RENT
RENT
Revenue
$9.9M
$10.6M
Net Profit
$76.5M
Gross Margin
78.7%
-126.4%
Operating Margin
-55.9%
-152.8%
Net Margin
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
MAAS
MAAS
RENT
RENT
Q4 25
$10.6M
Q3 25
$11.7M
Q2 25
$7.6M
Q1 25
$11.8M
Q4 24
$9.6M
Q3 24
$10.4M
Q2 24
$8.9M
Q1 24
$10.4M
Net Profit
MAAS
MAAS
RENT
RENT
Q4 25
$76.5M
Q3 25
$-26.4M
Q2 25
$-26.1M
Q1 25
$-13.4M
Q4 24
$-18.9M
Q3 24
$-15.6M
Q2 24
$-22.0M
Q1 24
$-24.8M
Gross Margin
MAAS
MAAS
RENT
RENT
Q4 25
-126.4%
Q3 25
-92.3%
Q2 25
-168.4%
Q1 25
-71.2%
Q4 24
-122.9%
Q3 24
-98.1%
Q2 24
-131.5%
Q1 24
-93.3%
Operating Margin
MAAS
MAAS
RENT
RENT
Q4 25
-152.8%
Q3 25
-171.8%
Q2 25
-259.2%
Q1 25
-65.3%
Q4 24
-142.7%
Q3 24
-92.3%
Q2 24
-185.4%
Q1 24
-185.6%
Net Margin
MAAS
MAAS
RENT
RENT
Q4 25
721.7%
Q3 25
-225.6%
Q2 25
-343.4%
Q1 25
-113.6%
Q4 24
-196.9%
Q3 24
-150.0%
Q2 24
-247.2%
Q1 24
-238.5%
EPS (diluted)
MAAS
MAAS
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
MAAS
MAAS
RENT
RENT
Cash + ST InvestmentsLiquidity on hand
$10.9M
$50.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$31.6M
$-35.1M
Total Assets
$47.0M
$231.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAAS
MAAS
RENT
RENT
Q4 25
$50.7M
Q3 25
$43.6M
Q2 25
$70.4M
Q1 25
$77.4M
Q4 24
$74.1M
Q3 24
$76.6M
Q2 24
$82.0M
Q1 24
$84.0M
Total Debt
MAAS
MAAS
RENT
RENT
Q4 25
Q3 25
Q2 25
$340.6M
Q1 25
$333.7M
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
MAAS
MAAS
RENT
RENT
Q4 25
$-35.1M
Q3 25
$-232.1M
Q2 25
$-207.1M
Q1 25
$-182.5M
Q4 24
$-171.2M
Q3 24
$-154.5M
Q2 24
$-141.3M
Q1 24
$-122.3M
Total Assets
MAAS
MAAS
RENT
RENT
Q4 25
$231.0M
Q3 25
$219.0M
Q2 25
$245.3M
Q1 25
$240.0M
Q4 24
$251.6M
Q3 24
$257.4M
Q2 24
$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
MAAS
MAAS
RENT
RENT
Operating Cash FlowLast quarter
$-18.2M
$-1.4M
Free Cash FlowOCF − Capex
$-18.3M
FCF MarginFCF / Revenue
-184.4%
Capex IntensityCapex / Revenue
1.0%
Cash ConversionOCF / Net Profit
-0.02×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAAS
MAAS
RENT
RENT
Q4 25
$-1.4M
Q3 25
$-10.5M
Q2 25
$8.3M
Q1 25
$1.4M
Q4 24
$4.7M
Q3 24
$2.2M
Q2 24
$4.6M
Q1 24
$-8.0M
Cash Conversion
MAAS
MAAS
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.

Revenue Breakdown by Segment

MAAS
MAAS

Wealth management$7.8M78%
Insurance consulting$1.0M10%
Other$975.0K10%
Asset management$168.0K2%

RENT
RENT

Segment breakdown not available.

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