NASDAQ : RENT
Rent the Runway, Inc. — Financial statements
Consumer Discretionary · Apparel Retail · United States
Last price 2.43 USD (Oct 30, 2026, 2:59 PM EDT) · Market cap 82.07M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Rent the Runway, Inc. (RENT) reported revenue of 366.90M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 316.30M | 286.00M | 265.50M | 264.90M | 268.60M | 185.80M |
| Other Revenue | 50.60M | 43.80M | 40.70M | 33.30M | 27.80M | 17.50M |
| Revenue | 366.90M | 329.80M | 306.20M | 298.20M | 296.40M | 203.30M |
| Cost of Revenue | 92.70M | 88.50M | 82.80M | 86.00M | 92.20M | 61.90M |
| Gross Profit | 274.20M | 241.30M | 223.40M | 212.20M | 204.20M | 141.40M |
| Selling, General & Admin | 117.10M | 115.80M | 115.00M | 132.80M | 144.10M | 130.90M |
| Research & Development | 39.10M | 39.30M | 35.70M | 49.10M | 55.40M | 45.30M |
| Operating Expenses | 315.90M | 293.70M | 265.00M | 284.20M | 293.20M | 263.40M |
| Operating Income | -41.70M | -52.40M | -41.60M | -72.00M | -89.00M | -122.00M |
| Interest Expense | -12.50M | -20.30M | -24.20M | -33.70M | -36.80M | -53.00M |
| Other Non Operating Income (Expenses) | 10.40M | 4.20M | 2.10M | 700.00K | 1.50M | -21.00M |
| EBT Excluding Unusual Items | -43.40M | -68.50M | -63.70M | -105.00M | -124.30M | -196.00M |
| Merger & Restructuring Charges | -200.00K | -3.10M | -7.70M | |||
| Asset Writedown | -3.50M | -5.10M | -5.70M | -4.90M | -6.90M | -3.90M |
| Other Unusual Items | 96.30M | 96.30M | -12.20M | |||
| Pretax Income | 43.30M | 22.70M | -69.60M | -113.00M | -138.90M | -212.10M |
| Income Tax Expense | 100.00K | 300.00K | 200.00K | -200.00K | -300.00K | |
| Net Income | 43.30M | 22.60M | -69.90M | -113.20M | -138.70M | -211.80M |
| Net Income to Common | 43.30M | 22.60M | -69.90M | -113.20M | -138.70M | -211.80M |
| Shares Outstanding (Basic) | 26.61M | 11.96M | 3.97M | 3.59M | 3.21M | 1.24M |
| Shares Outstanding (Diluted) | 26.65M | 12.00M | 3.97M | 3.59M | 3.21M | 1.24M |
| EPS (Basic) | 1.63 | 1.89 | -17.62 | -31.52 | -43.17 | -170.30 |
| EPS (Diluted) | 1.62 | 1.88 | -17.62 | -31.52 | -43.17 | -170.30 |
| Free Cash Flow | -66.40M | -77.00M | -40.70M | -98.20M | -118.70M | -83.40M |
| Free Cash Flow Per Share | -2.49 | -6.42 | -10.26 | -27.34 | -36.95 | -67.06 |
| Gross Margin | 74.73% | 73.17% | 72.96% | 71.16% | 68.89% | 69.55% |
| Operating Margin | -11.37% | -15.89% | -13.59% | -24.14% | -30.03% | -60.01% |
| Profit Margin | 11.80% | 6.85% | -22.83% | -37.96% | -46.79% | -104.18% |
| Free Cash Flow Margin | -18.10% | -23.35% | -13.29% | -32.93% | -40.05% | -41.02% |
| EBITDA | 9.80M | 900.00K | 17.10M | -13.30M | -30.10M | -61.60M |
| EBITDA Margin | 2.67% | 0.27% | 5.58% | -4.46% | -10.15% | -30.30% |
| D&A For EBITDA | 51.50M | 53.30M | 58.70M | 58.70M | 58.90M | 60.40M |
| EBIT | -41.70M | -52.40M | -41.60M | -72.00M | -89.00M | -122.00M |
| EBIT Margin | -11.37% | -15.89% | -13.59% | -24.14% | -30.03% | -60.01% |
| Effective Tax Rate | 0.44% | |||||
| Revenue as Reported | 366.90M | 329.80M | 306.20M | 298.20M | 296.40M | 203.30M |
| Advertising Expenses | 24.00M | 25.40M | 28.50M | 30.70M | 20.60M |
Balance sheet
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 29.00M | 50.40M | 77.40M | 84.00M | 154.50M | 247.60M |
| Cash & Short-Term Investments | 29.00M | 50.40M | 77.40M | 84.00M | 154.50M | 247.60M |
| Receivables | 4.00M | 1.10M | ||||
| Prepaid Expenses | 11.50M | 11.80M | 11.80M | 13.00M | 10.50M | 10.60M |
| Restricted Cash | 4.00M | 4.50M | 4.70M | 5.20M | 3.10M | 5.40M |
| Total Current Assets | 44.50M | 66.70M | 93.90M | 102.20M | 172.10M | 264.70M |
| Property, Plant & Equipment | 50.40M | 53.30M | 60.40M | 69.60M | 71.40M | 88.70M |
| Other Intangible Assets | 1.90M | 2.00M | 2.40M | 3.40M | 4.10M | 6.40M |
| Long-Term Deferred Tax Assets | 600.00K | 300.00K | ||||
| Other Long-Term Assets | 95.60M | 99.00M | 83.30M | 103.30M | 88.00M | 87.40M |
| Total Assets | 192.40M | 221.00M | 240.00M | 278.50M | 336.20M | 447.50M |
| Accounts Payable | 4.40M | 9.90M | 6.20M | 5.80M | 12.40M | 15.90M |
| Accrued Expenses | 22.80M | 17.00M | 11.30M | 14.00M | 18.50M | 19.20M |
| Short-Term Debt | 400.00K | 1.40M | 1.20M | 3.50M | ||
| Current Portion of Leases | 5.80M | 5.80M | 4.70M | 3.40M | 4.40M | 5.60M |
| Current Unearned Revenue | 13.00M | 12.00M | 10.20M | 11.40M | 12.60M | 11.00M |
| Other Current Liabilities | 20.20M | 18.10M | 13.60M | 12.30M | 12.10M | 13.60M |
| Total Current Liabilities | 66.20M | 63.20M | 47.40M | 48.10M | 60.00M | 68.80M |
| Long-Term Debt | 157.50M | 156.60M | 333.70M | 306.70M | 272.50M | 260.80M |
| Long-Term Leases | 33.40M | 36.30M | 41.00M | 45.30M | 38.30M | 46.40M |
| Other Long-Term Liabilities | 800.00K | 1.00M | 400.00K | 700.00K | 700.00K | 400.00K |
| Total Liabilities | 257.90M | 257.10M | 422.50M | 400.80M | 371.50M | 376.40M |
| Common Stock | 100.00K | |||||
| Additional Paid-In Capital | 1.07B | 1.06B | 940.50M | 930.80M | 904.60M | 872.20M |
| Retained Earnings | -1.13B | -1.10B | -1.12B | -1.05B | -939.90M | -801.20M |
| Total Common Equity | -65.50M | -36.10M | -182.50M | -122.30M | -35.30M | 71.10M |
| Shareholders' Equity | -65.50M | -36.10M | -182.50M | -122.30M | -35.30M | 71.10M |
| Total Liabilities & Equity | 192.40M | 221.00M | 240.00M | 278.50M | 336.20M | 447.50M |
| Total Debt | 196.70M | 199.10M | 380.80M | 356.60M | 315.20M | 316.30M |
| Net Cash (Debt) | -167.70M | -148.70M | -303.40M | -272.60M | -160.70M | -68.70M |
| Net Cash Per Share | -6.29 | -12.39 | -76.46 | -75.90 | -50.02 | -55.24 |
| Filing Date Shares Outstanding | 33.77M | 33.42M | 3.98M | 3.67M | 3.32M | 3.20M |
| Total Common Shares Outstanding | 33.76M | 33.39M | 3.92M | 3.55M | 3.25M | 3.15M |
| Working Capital | -21.70M | 3.50M | 46.50M | 54.10M | 112.10M | 195.90M |
| Book Value Per Share | -1.94 | -1.08 | -46.59 | -34.49 | -10.86 | 22.56 |
| Tangible Book Value | -67.40M | -38.10M | -184.90M | -125.70M | -39.40M | 64.70M |
| Tangible Book Value Per Share | -2.00 | -1.14 | -47.21 | -35.45 | -12.12 | 20.53 |
| Machinery | 56.30M | 55.30M | 55.30M | 54.30M | 57.70M | |
| Leasehold Improvements | 55.60M | 55.20M | 54.50M | 53.80M | 55.40M |
Cash flow statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 43.30M | 22.60M | -69.90M | -113.20M | -138.70M | -211.80M |
| Depreciation & Amortization | 51.50M | 53.30M | 58.70M | 58.70M | 58.90M | 60.40M |
| Other Amortization | 8.00M | 10.60M | ||||
| Loss (Gain) From Sale of Assets | 16.80M | 16.10M | 19.70M | 12.10M | 4.00M | 4.10M |
| Asset Writedown & Restructuring Costs | 300.00K | 1.30M | 4.90M | |||
| Stock-Based Compensation | 3.50M | 4.20M | 9.70M | 26.20M | 25.40M | 26.60M |
| Other Operating Activities | -116.60M | -105.80M | -1.10M | 10.90M | -3.00M | 56.70M |
| Change in Accounts Payable | -900.00K | 15.30M | -2.00M | -8.40M | -3.90M | 18.40M |
| Change in Unearned Revenue | 1.30M | 1.70M | -1.00M | -1.60M | 1.50M | 4.70M |
| Change in Other Net Operating Assets | 1.80M | -3.90M | -1.50M | -1.70M | -4.80M | -12.00M |
| Operating Cash Flow | 700.00K | 3.50M | 12.90M | -15.70M | -47.70M | -42.30M |
| Capital Expenditures | -67.10M | -80.50M | -53.60M | -82.50M | -71.00M | -41.10M |
| Sale of Property, Plant & Equipment | 31.70M | 31.00M | 33.50M | 27.90M | 26.70M | 18.60M |
| Investing Cash Flow | -35.40M | -49.50M | -20.10M | -54.60M | -44.30M | -22.50M |
| Short-Term Debt Issued | 1.10M | 2.00M | 1.60M | 5.00M | ||
| Long-Term Debt Issued | 20.00M | |||||
| Total Debt Issued | 21.10M | 21.10M | 2.00M | 1.60M | 5.00M | |
| Long-Term Debt Repaid | -135.00M | |||||
| Net Debt Issued (Repaid) | 21.10M | 21.10M | 2.00M | 1.60M | -130.00M | |
| Issuance of Common Stock | 12.70M | 12.50M | 330.60M | |||
| Other Financing Activities | -14.10M | -15.00M | -2.30M | -900.00K | -4.00M | -6.60M |
| Financing Cash Flow | 19.70M | 18.60M | -300.00K | 700.00K | -4.00M | 215.20M |
| Net Cash Flow | -15.00M | -27.40M | -7.50M | -69.60M | -96.00M | 150.40M |
| Free Cash Flow | -66.40M | -77.00M | -40.70M | -98.20M | -118.70M | -83.40M |
| Free Cash Flow Margin | -18.10% | -23.35% | -13.29% | -32.93% | -40.05% | -41.02% |
| Free Cash Flow Per Share | -2.49 | -6.42 | -10.26 | -27.34 | -36.95 | -67.06 |
| Levered Free Cash Flow | -44.17M | -52.54M | -26.82M | -73.96M | -61.92M | -35.17M |
| Unlevered Free Cash Flow | -36.36M | -39.85M | -11.70M | -52.90M | -43.23M | -7.95M |
| Cash Interest Paid | 2.90M | 100.00K | 100.00K | 9.80M | 19.90M | 10.30M |
| Change in Working Capital | 2.20M | 13.10M | -4.50M | -11.70M | -7.20M | 11.10M |
Ratios
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 81.56M | 235.74M | 31.37M | 43.55M | 278.95M | 363.72M |
| Enterprise Value | 249.26M | 388.14M | 330.97M | 288.85M | 422.45M | 394.72M |
| Last Close Price | 2.42 | 7.06 | 8.08 | 12.28 | 85.80 | 115.40 |
| PE Ratio | 1.49 | 10.43 | ||||
| PS Ratio | 0.22 | 0.71 | 0.10 | 0.15 | 0.94 | 1.79 |
| PB Ratio | -6.53 | -0.17 | -0.36 | -7.90 | 5.12 | |
| P/TBV Ratio | 5.62 | |||||
| P/OCF Ratio | 116.52 | 67.35 | 2.43 | |||
| EV/Sales Ratio | 0.68 | 1.18 | 1.08 | 0.97 | 1.43 | 1.94 |
| EV/EBITDA Ratio | 25.44 | 431.27 | 19.36 | |||
| Debt / Equity Ratio | -3.00 | -5.51 | -2.09 | -2.92 | -8.93 | 4.45 |
| Debt / EBITDA Ratio | 1.90 | 2.50 | 5.76 | 12.78 | 36.23 | |
| Net Debt / Equity Ratio | -2.56 | -4.12 | -1.66 | -2.23 | -4.55 | 0.97 |
| Net Debt / EBITDA Ratio | 17.11 | 165.22 | 17.74 | -20.50 | -5.34 | -1.11 |
| Net Debt / FCF Ratio | -2.53 | -1.93 | -7.46 | -2.78 | -1.35 | -0.82 |
| Asset Turnover | 1.78 | 1.43 | 1.18 | 0.97 | 0.76 | 0.53 |
| Quick Ratio | 0.44 | 0.80 | 1.63 | 1.75 | 2.64 | 3.62 |
| Current Ratio | 0.67 | 1.05 | 1.98 | 2.12 | 2.87 | 3.85 |
| Return on Equity (ROE) | -774.86% | |||||
| Return on Assets (ROA) | -12.67% | -14.21% | -10.03% | -14.64% | -14.19% | -19.85% |
| Return on Invested Capital (ROIC) | -31.34% | -29.78% | -19.67% | -28.43% | -42.79% | -58.11% |
| Return on Capital Employed (ROCE) | -33.00% | -33.20% | -21.60% | -31.20% | -32.20% | -32.20% |
| Earnings Yield | 67.22% | 9.59% | -222.84% | -259.91% | -49.72% | -58.23% |
| FCF Yield | -81.41% | -32.66% | -129.75% | -225.47% | -42.55% | -22.93% |
| Buyback Yield / Dilution | -530.88% | -202.36% | -10.48% | -11.79% | -158.32% | -123.31% |