# Rent the Runway, Inc. (RENT)

**Exchange:** NASDAQ  
**Sector:** Consumer Cyclical  
**Market cap:** $43M  
**Price:** $3.60 (+4.05%)

> Rent the Runway, Inc. is a pioneering fashion technology company that revolutionizes the way consumers access designer apparel and accessories. By offering subscription services and event-based rentals, the company enables customers to rent a vast array of clothing, from everyday wear to special occasion outfits. This business model not only promotes sustainable consumerism by giving users access to high-quality fashion without the commitment of ownership but also connects a wide demographic to premium brands they might not otherwise afford. Rent the Runway partners with a broad range of fashion designers and labels, further integrating itself into the retail and fashion industries. The company operates primarily through its digital platform, supported by a network of physical locations that facilitate garment pickup and return, providing flexibility and convenience to its users. Rent the Runway, Inc. holds a significant role in the circular economy fashion movement, highlighting a shift towards more environmentally conscious consumer habits in the fashion market.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $44M | -$45M | -$58M | $23M | — |
| 2025 | $41M | -$42M | -$48M | -$70M | — |
| 2024 | $33M | -$53M | -$80M | -$113M | — |
| 2023 | $28M | -$64M | -$104M | -$139M | — |
| 2022 | $18M | -$44M | -$126M | -$212M | — |
| 2021 | $22M | -$31M | -$131M | -$171M | — |
| 2020 | $22M | -$97M | -$130M | -$154M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2026 | $221M | $257M | -$36M | $50M | $157M |
| 2025 | $240M | $423M | -$183M | $77M | $334M |
| 2024 | $279M | $401M | -$122M | $84M | $307M |
| 2023 | $336M | $372M | -$35M | $155M | $273M |
| 2022 | $448M | $376M | $71M | $248M | $261M |
| 2021 | $321M | $459M | -$527M | $95M | $356M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2026 | $4M | — | — |
| 2025 | $13M | — | — |
| 2024 | -$16M | — | — |
| 2023 | -$48M | — | — |
| 2022 | -$42M | — | — |
| 2021 | -$43M | — | — |
| 2020 | -$38M | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/RENT)