Filing Flows › Rent the Runway (RENT) › Q1 FY27
Rent the Runway (RENT) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jun 3, 2026
Rent the Runway (RENT) reported revenue of $89.9M for the first quarter fiscal 2027 (Q1 FY27), +29% from a year earlier and -2% from the quarter before. Operating margin was -21.9%, net loss $18.9M (21.0% of revenue).
Rent the Runway, Q1 FY27: revenue $89.9M (+29% year over year), operating margin -21.9%, net loss $18.9M, operating cash flow −$3.8M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $89.9M | -2% | +29% |
| Operating profit | −$19.7M | — | — |
| Net earnings | −$18.9M | — | — |
| Operating cash flow | −$3.8M | -154% | -146% |
What changed
Revenue was $89.9M in Q1 FY27, up 29% year over year and down 2% from the previous quarter.
Operating costs exceeded revenue by $19.7M, an operating margin of -21.9%. Total costs grew 23% against revenue growth of 29%. The fastest-growing cost line was Other operating costs (+30%). The quarter ended with a net loss of $18.9M, wider than the previous quarter's $1.4M loss.
Operating cash flow was −$3.8M. Non-cash charges added back $1.5M of share-based compensation. Working capital and other items added $13.6M.
Questions
What was Rent the Runway's revenue in the first quarter fiscal 2027?
Rent the Runway (RENT) reported revenue of $89.9M for the first quarter fiscal 2027 (Q1 FY27), +29% from a year earlier and -2% from the quarter before.
Was Rent the Runway profitable in the first quarter fiscal 2027?
Operating loss was $19.7M (-21.9% of revenue) and net loss $18.9M.
Source: Rent the Runway 10-Q on SEC EDGAR.