Filing Flows › Rent the Runway (RENT) › Q1 FY26
Rent the Runway (RENT) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jun 6, 2025
Rent the Runway (RENT) reported revenue of $69.6M for the first quarter fiscal 2026 (Q1 FY26), -7% from a year earlier and -9% from the quarter before. Operating margin was -28.3%, net loss $26.1M (37.5% of revenue).
Rent the Runway, Q1 FY26: revenue $69.6M (-7% year over year), operating margin -28.3%, net loss $26.1M, operating cash flow $8.3M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $69.6M | -9% | -7% |
| Operating profit | −$19.7M | — | — |
| Net earnings | −$26.1M | — | — |
| Operating cash flow | $8.3M | +493% | +80% |
What changed
Revenue was $69.6M in Q1 FY26, down 7% year over year and down 9% from the previous quarter.
Operating costs exceeded revenue by $19.7M, an operating margin of -28.3%. Total costs fell 2% while revenue fell 7%. The quarter ended with a net loss of $26.1M, wider than the previous quarter's $13.4M loss.
Operating cash flow was $8.3M (up 80% year over year). Non-cash charges added back $1.5M of share-based compensation. Working capital and other items added $32.9M.
Questions
What was Rent the Runway's revenue in the first quarter fiscal 2026?
Rent the Runway (RENT) reported revenue of $69.6M for the first quarter fiscal 2026 (Q1 FY26), -7% from a year earlier and -9% from the quarter before.
Was Rent the Runway profitable in the first quarter fiscal 2026?
Operating loss was $19.7M (-28.3% of revenue) and net loss $26.1M.
Source: Rent the Runway 10-Q on SEC EDGAR.