Rent the Runway FY26 Q1 net loss narrows to $18.9 million; revenue rises 29.2% to $89.9 million

Rent the Runway

Rent the Runway

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  • Rent the Runway posted Q1 revenue of $89.9 million, up 29.2% year over year; net loss narrowed to $18.9 million.
  • Adjusted EBITDA improved to a loss of $0.8 million from a loss of $1.3 million; gross margin fell 5.6 percentage points to 25.9%.
  • Active subscribers ended at 155,692, up 5.8% year over year; add-on revenue climbed 70.4% year over year.
  • Jennifer Hyman stepped down; Teri Bariquit was named interim CEO and president, Paige Thomas joined as chief commercial officer, Dave Loretta became interim CFO.
  • Q2 revenue outlook is $91 million-$95 million; fiscal 2026 guidance calls for double-digit revenue growth and adjusted EBITDA margin of 4%-7%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rent The Runway Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606030800PRIMZONEFULLFEED9731067) on June 03, 2026, and is solely responsible for the information contained therein.

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