Revenue PerformanceRent the Runway reported 2Q24 revenue and EBITDA above the high end of guidance while reiterating guidance for breakeven free cash flow for 2024.

Subscriber GrowthReserve and resale both grew 20%+, indicating positive trends for new subscriber growth.

Bears Say

Market PotentialThe lack of subscriber growth suggests a smaller total addressable market than initially believed at the IPO.

Financials

Income Statement >

Options Prices

Currently, No data available

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Ownership Overview

10.22% Insiders

3.45% Mutual Funds

26.34% Other Institutional Investors

57.39% Public Companies and

Individual Investors

Detailed Ownership Overview >

RENT FAQ

What was Rent the Runway’s price range in the past 12 months?

Rent the Runway lowest stock price was $3.69 and its highest was $17.00 in the past 12 months.

What is Rent the Runway’s market cap?

Rent the Runway’s market cap is $22.40M.

When is Rent the Runway’s upcoming earnings report date?

Rent the Runway’s upcoming earnings report date is Sep 05, 2025 which is in 43 days.

How were Rent the Runway’s earnings last quarter?

Rent the Runway released its earnings results on Jun 05, 2025. The company reported -$6.151 earnings per share for the quarter, beating the consensus estimate of -$7.43 by $1.279.

Is Rent the Runway overvalued?

According to Wall Street analysts Rent the Runway’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Rent the Runway pay dividends?

Rent the Runway does not currently pay dividends.

What is Rent the Runway’s EPS estimate?

Rent the Runway’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Rent the Runway have?

Rent the Runway has 3,866,254 shares outstanding.

What happened to Rent the Runway’s price movement after its last earnings report?

Rent the Runway reported an EPS of -$6.151 in its last earnings report, beating expectations of -$7.43. Following the earnings report the stock price went up 27.893%.

Which hedge fund is a major shareholder of Rent the Runway?

Currently, no hedge funds are holding shares in RENT

Rent the Runway Stock Smart Score

Underperform

Fundamentals

Return on Equity

47.49%

Trailing 12-Months

Asset Growth

-11.89%

Trailing 12-Months

Top Smart Score Stocks >

Company Description

Rent the Runway

Rent the Runway (RENT) is a pioneering fashion logistics platform that enables customers to rent, subscribe, or purchase designer apparel and accessories. Founded in 2009, the company operates in the retail and e-commerce sectors, catering to individuals seeking high-quality fashion without the commitment of ownership. Rent the Runway offers an extensive online inventory of garments and accessories, allowing customers to access a rotating wardrobe of designer items for various occasions.

RENT Company Deck

RENT Earnings Call

Q1 2025

0:00 / 0:00

Earnings Call Sentiment|Neutral

Rent the Runway, Inc. has experienced record subscriber growth and strong customer retention due to significant inventory expansion and the introduction of new features. However, revenue decline, increased fulfillment costs, decreased gross margins, and negative adjusted EBITDA highlight financial challenges. Despite these issues, the company is optimistic about its transformation strategy and future growth.Read More>