Filing Flows › Rent the Runway (RENT) › Q3 FY26
Rent the Runway (RENT) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Dec 12, 2025
Rent the Runway (RENT) reported revenue of $87.6M for the third quarter fiscal 2026 (Q3 FY26), +15% from a year earlier and +8% from the quarter before. Operating margin was -18.5%, net earnings $76.5M (87.3% of revenue).
Rent the Runway, Q3 FY26: revenue $87.6M (+15% year over year), operating margin -18.5%, net earnings $76.5M, operating cash flow −$1.4M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $87.6M | +8% | +15% |
| Operating profit | −$16.2M | — | — |
| Net earnings | $76.5M | — | — |
| Operating cash flow | −$1.4M | — | — |
What changed
Revenue was $87.6M in Q3 FY26, up 15% year over year and up 8% from the previous quarter.
Operating costs exceeded revenue by $16.2M, an operating margin of -18.5%. Total costs grew 16% against revenue growth of 15%. The fastest-growing cost line was Other operating costs (+21%). Net earnings were $76.5M. The effective tax rate was 0.0%. Non-operating items added $92.7M, 121% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$1.4M. Non-cash charges added back $900K of share-based compensation. Working capital and other items used $78.8M.
Questions
What was Rent the Runway's revenue in the third quarter fiscal 2026?
Rent the Runway (RENT) reported revenue of $87.6M for the third quarter fiscal 2026 (Q3 FY26), +15% from a year earlier and +8% from the quarter before.
Was Rent the Runway profitable in the third quarter fiscal 2026?
Operating loss was $16.2M (-18.5% of revenue) and net earnings $76.5M.
Source: Rent the Runway 10-Q on SEC EDGAR.