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Side-by-side financial comparison of AVITA Medical, Inc. (RCEL) and Rent the Runway, Inc. (RENT). Click either name above to swap in a different company.

AVITA Medical, Inc. is the larger business by last-quarter revenue ($17.6M vs $10.6M, roughly 1.7× Rent the Runway, Inc.). Rent the Runway, Inc. runs the higher net margin — 721.7% vs -66.0%, a 787.7% gap on every dollar of revenue. On growth, Rent the Runway, Inc. posted the faster year-over-year revenue change (10.4% vs -4.3%). Over the past eight quarters, AVITA Medical, Inc.'s revenue compounded faster (26.0% CAGR vs 1.0%).

Avita Medical is a clinical and commercial company developing and marketing a range regenerative medicine products. The first regenerative medicine product brought to the market by Avita Medical was ReCell spray-on skin for the treatment of burns. The two latest products are ReNovaCell, for Aesthetics and Plastic applications including skin trauma, and ReGenerCell for the treatment of chronic wounds. The Avita Medical regenerative product range is currently marketed in Europe, the Middle East...

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.

RCEL vs RENT — Head-to-Head

Bigger by revenue
RCEL
RCEL
1.7× larger
RCEL
$17.6M
$10.6M
RENT
Growing faster (revenue YoY)
RENT
RENT
+14.7% gap
RENT
10.4%
-4.3%
RCEL
Higher net margin
RENT
RENT
787.7% more per $
RENT
721.7%
-66.0%
RCEL
Faster 2-yr revenue CAGR
RCEL
RCEL
Annualised
RCEL
26.0%
1.0%
RENT

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
RCEL
RCEL
RENT
RENT
Revenue
$17.6M
$10.6M
Net Profit
$-11.6M
$76.5M
Gross Margin
81.2%
-126.4%
Operating Margin
-59.1%
-152.8%
Net Margin
-66.0%
721.7%
Revenue YoY
-4.3%
10.4%
Net Profit YoY
-0.3%
504.8%
EPS (diluted)
$-0.37
$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
RCEL
RCEL
RENT
RENT
Q4 25
$17.6M
$10.6M
Q3 25
$17.1M
$11.7M
Q2 25
$18.4M
$7.6M
Q1 25
$18.5M
$11.8M
Q4 24
$18.4M
$9.6M
Q3 24
$19.5M
$10.4M
Q2 24
$15.2M
$8.9M
Q1 24
$11.1M
$10.4M
Net Profit
RCEL
RCEL
RENT
RENT
Q4 25
$-11.6M
$76.5M
Q3 25
$-13.2M
$-26.4M
Q2 25
$-9.9M
$-26.1M
Q1 25
$-13.9M
$-13.4M
Q4 24
$-11.6M
$-18.9M
Q3 24
$-16.2M
$-15.6M
Q2 24
$-15.4M
$-22.0M
Q1 24
$-18.7M
$-24.8M
Gross Margin
RCEL
RCEL
RENT
RENT
Q4 25
81.2%
-126.4%
Q3 25
81.3%
-92.3%
Q2 25
81.2%
-168.4%
Q1 25
84.7%
-71.2%
Q4 24
87.6%
-122.9%
Q3 24
83.7%
-98.1%
Q2 24
86.1%
-131.5%
Q1 24
86.4%
-93.3%
Operating Margin
RCEL
RCEL
RENT
RENT
Q4 25
-59.1%
-152.8%
Q3 25
-53.6%
-171.8%
Q2 25
-60.5%
-259.2%
Q1 25
-63.9%
-65.3%
Q4 24
-54.1%
-142.7%
Q3 24
-70.6%
-92.3%
Q2 24
-102.8%
-185.4%
Q1 24
-155.0%
-185.6%
Net Margin
RCEL
RCEL
RENT
RENT
Q4 25
-66.0%
721.7%
Q3 25
-77.3%
-225.6%
Q2 25
-53.9%
-343.4%
Q1 25
-74.9%
-113.6%
Q4 24
-63.0%
-196.9%
Q3 24
-82.9%
-150.0%
Q2 24
-101.3%
-247.2%
Q1 24
-168.0%
-238.5%
EPS (diluted)
RCEL
RCEL
RENT
RENT
Q4 25
$-0.37
$13.65
Q3 25
$-0.46
$-6.55
Q2 25
$-0.38
$-6.58
Q1 25
$-0.53
$-2.72
Q4 24
$-0.44
$-4.70
Q3 24
$-0.62
$-4.17
Q2 24
$-0.60
$-6.03
Q1 24
$-0.73
$-5.36

Balance Sheet & Financial Strength

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

Metric
RCEL
RCEL
RENT
RENT
Cash + ST InvestmentsLiquidity on hand
$18.2M
$50.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$-16.6M
$-35.1M
Total Assets
$56.4M
$231.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RCEL
RCEL
RENT
RENT
Q4 25
$18.2M
$50.7M
Q3 25
$23.3M
$43.6M
Q2 25
$15.7M
$70.4M
Q1 25
$25.8M
$77.4M
Q4 24
$35.9M
$74.1M
Q3 24
$44.4M
$76.6M
Q2 24
$54.1M
$82.0M
Q1 24
$68.2M
$84.0M
Total Debt
RCEL
RCEL
RENT
RENT
Q4 25
Q3 25
Q2 25
$340.6M
Q1 25
$333.7M
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
RCEL
RCEL
RENT
RENT
Q4 25
$-16.6M
$-35.1M
Q3 25
$-6.7M
$-232.1M
Q2 25
$-12.9M
$-207.1M
Q1 25
$-4.6M
$-182.5M
Q4 24
$4.5M
$-171.2M
Q3 24
$12.2M
$-154.5M
Q2 24
$23.9M
$-141.3M
Q1 24
$32.6M
$-122.3M
Total Assets
RCEL
RCEL
RENT
RENT
Q4 25
$56.4M
$231.0M
Q3 25
$63.7M
$219.0M
Q2 25
$58.1M
$245.3M
Q1 25
$69.6M
$240.0M
Q4 24
$79.7M
$251.6M
Q3 24
$81.1M
$257.4M
Q2 24
$87.8M
$278.4M
Q1 24
$97.4M
$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
RCEL
RCEL
RENT
RENT
Operating Cash FlowLast quarter
$-5.4M
$-1.4M
Free Cash FlowOCF − Capex
$-6.1M
FCF MarginFCF / Revenue
-34.7%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
-0.02×
TTM Free Cash FlowTrailing 4 quarters
$-33.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RCEL
RCEL
RENT
RENT
Q4 25
$-5.4M
$-1.4M
Q3 25
$-5.2M
$-10.5M
Q2 25
$-10.2M
$8.3M
Q1 25
$-10.3M
$1.4M
Q4 24
$-8.1M
$4.7M
Q3 24
$-7.2M
$2.2M
Q2 24
$-12.8M
$4.6M
Q1 24
$-20.9M
$-8.0M
Free Cash Flow
RCEL
RCEL
RENT
RENT
Q4 25
$-6.1M
Q3 25
$-6.2M
Q2 25
$-10.8M
Q1 25
$-10.5M
Q4 24
$-9.7M
Q3 24
$-11.0M
Q2 24
$-15.4M
Q1 24
$-22.0M
FCF Margin
RCEL
RCEL
RENT
RENT
Q4 25
-34.7%
Q3 25
-36.1%
Q2 25
-58.4%
Q1 25
-56.9%
Q4 24
-52.7%
Q3 24
-56.1%
Q2 24
-101.6%
Q1 24
-198.2%
Capex Intensity
RCEL
RCEL
RENT
RENT
Q4 25
3.8%
Q3 25
5.5%
Q2 25
2.8%
Q1 25
1.2%
Q4 24
8.8%
Q3 24
19.2%
Q2 24
17.5%
Q1 24
10.3%
Cash Conversion
RCEL
RCEL
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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