Rent the Runway, Inc. (RENT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 89.9M | 91.7M | 87.6M | 80.9M | 69.6M | 76.4M | 75.9M | 78.9M | 75M | 75.8M | 72.5M | 75.7M | 74.2M | 75.4M | 77.4M | 76.5M | 67.1M | 64.1M | 59M | 46.7M |
| Revenue Growth % | 29.17% | 20.03% | 15.42% | 2.53% | -7.2% | 0.79% | 4.69% | 4.23% | 1.08% | 0.53% | -6.33% | -1.05% | 10.58% | 17.63% | 31.19% | 63.81% | - | 91.34% | - | - |
| Cost of Goods Sold | 78.2M | -69.9M | 74.7M | 69M | 60M | 59.2M | 61.3M | 58.5M | 59.5M | 60.6M | 62.9M | 59.1M | 59.7M | 58.7M | 63.6M | 63.5M | 62.4M | 57.7M | 55.7M | 43.8M |
| COGS % of Revenue | 86.99% | -76.23% | 85.27% | 85.29% | 86.21% | 77.49% | 80.76% | 74.14% | 79.33% | 79.95% | 86.76% | 78.07% | 80.46% | 77.85% | 82.17% | 83.01% | 93% | 90.02% | 94.41% | 93.79% |
| Gross Profit | 11.7M | 161.6M | 12.9M | 11.9M | 9.6M | 17.2M | 14.6M | 20.4M | 15.5M | 15.2M | 9.6M | 16.6M | 14.5M | 16.7M | 13.8M | 13M | 4.7M | 6.4M | 3.3M | 2.9M |
| Gross Margin % | 13.01% | 176.23% | 14.73% | 14.71% | 13.79% | 22.51% | 19.24% | 25.86% | 20.67% | 20.05% | 13.24% | 21.93% | 19.54% | 22.15% | 17.83% | 16.99% | 7% | 9.98% | 5.59% | 6.21% |
| Gross Profit Growth % | 21.88% | 839.53% | -11.64% | -41.67% | -38.06% | 13.16% | 52.08% | 22.89% | 6.9% | -8.98% | -30.43% | 27.69% | 208.51% | 160.94% | 318.18% | 348.28% | - | 158.72% | - | - |
| Operating Expenses | 31.4M | 163.1M | 29.1M | 32M | 29.3M | 24.9M | 28.3M | 30M | 31.8M | 31.4M | 31.5M | 34.1M | 35.8M | 32.6M | 35M | 38.6M | 37.9M | 36.3M | 46.6M | 26.4M |
| OpEx % of Revenue | 34.93% | 177.86% | 33.22% | 39.55% | 42.1% | 32.59% | 37.29% | 38.02% | 42.4% | 41.42% | 43.45% | 45.05% | 48.25% | 43.24% | 45.22% | 50.46% | 56.48% | 56.63% | 78.98% | 56.53% |
| Selling, General & Admin | 31.4M | 25.4M | 29.1M | 32M | 29.3M | 24.9M | 28.3M | 30M | 31.8M | 31.4M | 31.5M | 34.1M | 35.8M | 32.6M | 35M | 38.6M | 37.9M | 36.3M | 46.6M | 26.4M |
| SG&A % of Revenue | 34.93% | 27.7% | 33.22% | 39.55% | 42.1% | 32.59% | 37.29% | 38.02% | 42.4% | 41.42% | 43.45% | 45.05% | 48.25% | 43.24% | 45.22% | 50.46% | 56.48% | 56.63% | 78.98% | 56.53% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -19.7M | -1.5M | -16.2M | -20.1M | -19.7M | -7.7M | -13.7M | -9.6M | -16.3M | -16.2M | -21.9M | -17.5M | -21.3M | -15.9M | -21.2M | -25.6M | -33.2M | -29.9M | -43.3M | -23.5M |
| Operating Margin % | -21.91% | -1.64% | -18.49% | -24.85% | -28.3% | -10.08% | -18.05% | -12.17% | -21.73% | -21.37% | -30.21% | -23.12% | -28.71% | -21.09% | -27.39% | -33.46% | -49.48% | -46.65% | -73.39% | -50.32% |
| Operating Income Growth % | 0% | 80.52% | -18.25% | -109.38% | -20.86% | 52.47% | 37.44% | 45.14% | 23.47% | -1.89% | -3.3% | 31.64% | 35.84% | 46.82% | 51.04% | -8.94% | - | -0.34% | - | - |
| EBITDA | 25.5M | -98.5M | 24M | 16.6M | 10.3M | 22.6M | 17.5M | 19.6M | 13M | 13.3M | 7.4M | 6.2M | 3.4M | 7.3M | 5.1M | -400K | -7.3M | -4.9M | -19.6M | -7.5M |
| EBITDA Margin % | 28.36% | -107.42% | 27.4% | 20.52% | 14.8% | 29.58% | 23.06% | 24.84% | 17.33% | 17.55% | 10.21% | 8.19% | 4.58% | 9.68% | 6.59% | -0.52% | -10.88% | -7.64% | -33.22% | -16.06% |
| EBITDA Growth % | 147.57% | -535.84% | 37.14% | -15.31% | -20.77% | 69.92% | 136.49% | 216.13% | 282.35% | 82.19% | 45.1% | 1650% | 146.58% | 248.98% | 126.02% | 94.67% | - | 46.74% | - | - |
| D&A (Non-Cash Add-back) | 45.2M | -97M | 40.2M | 36.7M | 30M | 30.3M | 31.2M | 29.2M | 29.3M | 29.5M | 29.3M | 23.7M | 24.7M | 23.2M | 26.3M | 25.2M | 25.9M | 25M | 23.7M | 16M |
| EBIT | -18.6M | -32M | 83.5M | -19.5M | -19.6M | -6.7M | -12.8M | -9.5M | -16.4M | -18.9M | -21.7M | -17.4M | -21.3M | -17.7M | -26.9M | -24.3M | -33.2M | -29.9M | -73.8M | -27.6M |
| Net Interest Income | -300K | -100K | -7M | -6.9M | -6.3M | -6.5M | -6.1M | -6M | -5.6M | -5.4M | -10M | -9.5M | -8.8M | -8.6M | -9.3M | -9.6M | -9.3M | -9.3M | -14.3M | -14.9M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 300K | 100K | 7M | 6.9M | 6.3M | 6.5M | 6.1M | 6M | 5.6M | 5.4M | 10M | 9.5M | 8.8M | 8.6M | 9.3M | 9.6M | 9.3M | 9.3M | 14.3M | 14.9M |
| Other Income/Expense | 800K | 0 | 92.7M | -6.3M | -6.2M | -5.5M | -5.2M | -5.9M | -5.7M | -8.1M | -9.8M | -9.4M | -8.8M | -10.4M | -15M | -8.3M | -9.3M | -9.3M | -44.8M | -19M |
| Pretax Income | -18.9M | -1.5M | 76.5M | -26.4M | -25.9M | -13.2M | -18.9M | -15.5M | -22M | -24.3M | -31.7M | -26.9M | -30.1M | -26.3M | -36.2M | -33.9M | -42.5M | -39.2M | -88.1M | -42.5M |
| Pretax Margin % | -21.02% | -1.64% | 87.33% | -32.63% | -37.21% | -17.28% | -24.9% | -19.65% | -29.33% | -32.06% | -43.72% | -35.53% | -40.57% | -34.88% | -46.77% | -44.31% | -63.34% | -61.15% | -149.32% | -91.01% |
| Income Tax | 0 | -300K | 0 | 0 | 200K | 200K | 0 | 100K | 0 | 500K | -200K | -100K | 0 | -100K | -100K | 0 | 0 | 100K | -300K | -100K |
| Effective Tax Rate % | 0% | 20% | 0% | 0% | -0.77% | -1.52% | 0% | -0.65% | 0% | -2.06% | 0.63% | 0.37% | 0% | 0.38% | 0.28% | 0% | 0% | -0.26% | 0.34% | 0.24% |
| Net Income | -18.9M | -1.4M | 76.5M | -26.4M | -26.1M | -13.4M | -18.9M | -15.6M | -22M | -24.8M | -31.5M | -26.8M | -30.1M | -26.2M | -36.1M | -33.9M | -42.5M | -39.3M | -87.8M | -42.4M |
| Net Margin % | -21.02% | -1.53% | 87.33% | -32.63% | -37.5% | -17.54% | -24.9% | -19.77% | -29.33% | -32.72% | -43.45% | -35.4% | -40.57% | -34.75% | -46.64% | -44.31% | -63.34% | -61.31% | -148.81% | -90.79% |
| Net Income Growth % | 27.59% | 89.55% | 504.76% | -69.23% | -18.64% | 45.97% | 40% | 41.79% | 26.91% | 5.34% | 12.74% | 20.94% | 29.18% | 33.33% | 58.88% | 20.05% | - | -1.29% | - | - |
| Net Income (Continuing) | -18.9M | -1.2M | 76.5M | -26.4M | -26.1M | -13.4M | -18.9M | -15.6M | -22M | -24.8M | -31.5M | -26.8M | -30.1M | -26.2M | -36.1M | -33.9M | -42.5M | -39.3M | -87.8M | -42.4M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.57 | -0.04 | 13.65 | -6.55 | -6.58 | -3.55 | -4.94 | -4.17 | -6.03 | -7.02 | -9.09 | -7.93 | -9.14 | -8.07 | -11.19 | -10.58 | -13.40 | -12.47 | -27.86 | -12.96 |
| EPS Growth % | 91.34% | 98.83% | 376.32% | -57.07% | -9.12% | 49.43% | 45.65% | 47.41% | 34.03% | 13.01% | 18.77% | 25.05% | 31.79% | 35.28% | 59.83% | 18.36% | - | -0.73% | - | - |
| EPS (Basic) | -0.57 | -0.04 | 13.69 | -6.55 | -6.58 | -3.55 | -4.94 | -4.17 | -6.03 | -7.02 | -9.09 | -7.93 | -9.14 | -8.07 | -11.19 | -10.58 | -13.40 | -12.47 | -27.86 | -12.96 |
| Diluted Shares Outstanding | 33.42M | 12M | 4.03M | 4.03M | 3.97M | 3.9M | 3.82M | 3.74M | 3.65M | 3.53M | 3.46M | 3.38M | 3.29M | 3.25M | 3.23M | 3.2M | 3.17M | 3.15M | 3.15M | 3.27M |
| Basic Shares Outstanding | 33.42M | 11.96M | 4.03M | 4.03M | 3.97M | 3.9M | 3.82M | 3.74M | 3.65M | 3.53M | 3.46M | 3.38M | 3.29M | 3.25M | 3.23M | 3.2M | 3.17M | 3.15M | 3.15M | 3.27M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |