Rent The Runway, Inc. income statement
In fiscal 2026, Rent The Runway, Inc. reported revenue of $330m, up 7.7% on the year before, operating income of −$57.5m (a -17.4% margin) and net income of $22.6m, or $1.88 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Jan 2020 | 2021Jan 2021 | 2022Jan 2022 | 2023Jan 2023 | 2024Jan 2024 | 2025Jan 2025 | 2026Jan 2026 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 257 | 158 | 203 | 296 | 298 | 306 | 330 | 367 |
| Cost of revenue | 118 | 53 | 62 | 92 | 86 | 83 | 89 | 93 |
| Gross profit | 139 | 105 | 141 | 204 | 212 | 223 | 241 | 274 |
| General and administrative | 99 | 77 | 104 | 109 | 102 | 87 | 89 | 91 |
| Operating income | −130 | −131 | −126 | −104 | −80 | −48 | −58 | −45 |
| Net interest income | −24 | −47 | −53 | −37 | −34 | — | — | — |
| Income before tax | −154 | −171 | −212 | −139 | −113 | −70 | 23 | 43 |
| Income tax | −0 | 0 | −0 | −0 | 0 | 0 | 0 | 0 |
| Net income | −154 | −171 | −212 | −139 | −113 | −70 | 23 | 43 |
| Diluted EPS | −$93.60 | −$102.40 | −$56.77 | −$14.39 | −$10.51 | −$5.87 | $1.88 | — |
| Diluted shares (average) | 2m | 2m | 4m | 10m | 11m | 12m | 12m | — |
| EBITDA | −114 | −112 | −111 | −91 | −68 | −37 | −49 | — |
| Quarter | 2025 Q3Oct 2024 | 2025 Q4Jan 2025 | 2026 Q1Apr 2025 | 2026 Q2Jul 2025 | 2026 Q3Oct 2025 | 2026 Q4Jan 2026 | 2027 Q1Apr 2026 | 2027 Q2Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 76 | 76 | 70 | 81 | 88 | 92 | 90 | 98 |
| Cost of revenue | 21 | 20 | 20 | 23 | 24 | 22 | 24 | 24 |
| Gross profit | 55 | 56 | 49 | 58 | 64 | 70 | 66 | 74 |
| General and administrative | 21 | 21 | 21 | 25 | 23 | 21 | 23 | 24 |
| Operating income | −14 | −8 | −20 | −20 | −16 | −2 | −20 | −8 |
| Net interest income | — | — | −6 | — | — | — | — | — |
| Income before tax | −19 | −13 | −26 | −26 | 77 | −2 | −19 | −13 |
| Income tax | 0 | 0 | 0 | 0 | 0 | −0 | 0 | 0 |
| Net income | −19 | −13 | −26 | −26 | 77 | −1 | −19 | −13 |
| Diluted EPS | −$4.70 | −$3.23 | −$6.26 | −$6.23 | $13.65 | −$3.22 | −$0.57 | −$0.38 |
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