Rent the Runway (RENT) Financial Statements & Analysis

Rent the Runway (RENT) Income Statement

Rent the Runway reported revenue of $329.80M in fiscal 2026 (fiscal year ended Jan 31, 2026), up 7.7% from $306.20M a year earlier. Net income was $22.60M, a net margin of 6.9%. Gross margin was 59.4% and operating margin -17.4%. In the most recent quarter, Q2 fiscal 2027 (ended Jul 31, 2026), revenue was $97.70M, up 20.8% from the same quarter a year earlier.

Rent the Runway Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Rent the Runway, Inc. income statement - Annual data in millions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2020	FY 2019
Period ending	Jan 2026	Jan 2025	Jan 2024	Jan 2023	Jan 2022	Jan 2021	Jan 2020
Revenue & Gross Profit
Revenue	329.80	306.20	298.20	296.40	203.30	157.50	256.90
Cost of Revenue	133.80	238.50	86.00	92.20	194.40	288.00	236.30
Gross Profit	196.00	67.70	212.20	-80.00	8.90	-23.50	20.60
Operating Expenses
Research & Development	39.30	0.00	49.10	55.40	0.00	0.00	0.00
Selling, General & Administrative	115.80	115.00	132.80	144.10	130.90	85.30	121.80
Operating Expenses	253.50	115.00	289.10	0.00	130.90	85.30	121.80
Operating Income	-57.50	-47.30	-76.90	-80.00	-122.00	-108.80	-101.20
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	20.30	24.20	33.70	-36.80	53.00	46.60	24.00
Other Income/Expense	80.20	-22.30	-2.40	-33.00	-90.10	-62.30	-52.90
Income
Income Before Tax	22.70	-69.60	-113.00	-138.90	-212.10	-171.10	-154.10
Income Tax Expense	-0.10	0.30	0.20	0.20	-0.30	0.00	-0.20
Net Income	22.60	-69.90	-113.20	-113.20	-211.80	-171.10	-153.90
Net Income - Continuous Operations	22.60	-69.90	-113.20	-138.70	-211.80	-171.10	-153.90
Net Income - Discontinued Operations	-	-	-	-	-	-	-
EBITDA	22.30	76.80	30.30	-30.10	-67.20	-50.50	-61.60
EBIT	-52.40	-41.60	-76.90	-89.00	-122.00	-130.50	-
Depreciation & Amortization	9.90	122.20	107.20	58.90	91.90	72.30	68.50
Earnings Per Share
Basic EPS	2.00	-19.00	-30.00	-43.00	-67.00	-307.00	-47.00
Diluted EPS	2.00	-19.00	-30.00	-32.00	-67.00	-52.00	-47.00
Basic Shares Outstanding	11.96	3.78	3.81	3.21	3.15	0.56	3.27
Diluted Shares Outstanding	12.00	3.78	3.81	3.21	3.15	0.56	3.27

Source: Company financial statements from annual and quarterly filings. Data as of Jul 31, 2026. Data sources and methodology

Frequently Asked Questions About Rent the Runway Financial Statements

What was Rent the Runway's revenue in fiscal 2026?

Rent the Runway reported revenue of $329.80M in fiscal 2026 (fiscal year ended Jan 31, 2026). That was up 7.7% from $306.20M a year earlier.

Is Rent the Runway profitable?

Yes. Rent the Runway earned net income of $22.60M in fiscal 2026, a net margin of 6.9%. In fiscal 2025 it lost $69.90M.

What is Rent the Runway's operating margin?

Rent the Runway's operating income was −$57.50M on revenue of $329.80M in fiscal 2026, an operating margin of -17.4%, compared with -15.4% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition