RENT · Rent the Runway, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Revenue | $329.80M | $306.20M | $298.20M | $296.40M | $157.50M |
| Cost of Revenue | $88.50M | $82.80M | $86.00M | $92.20M | $53.00M |
| Gross Profit | $241.30M | $223.40M | $212.20M | $204.20M | $104.50M |
| R&D | - | - | - | - | - |
| SG&A | $88.80M | $86.80M | $101.60M | $109.00M | $77.20M |
| Total Operating Expenses | $387.30M | $353.70M | $378.20M | $400.00M | $288.00M |
| D&A | $8.40M | $10.30M | $12.00M | $12.70M | $18.40M |
| Operating Income | ($57.50M) | ($47.50M) | ($80.00M) | ($103.60M) | ($130.50M) |
| Interest Expense | - | - | - | - | - |
| Income Tax | $100.0K | $300.0K | $200.0K | ($200.0K) | $0 |
| Net Income | $22.60M | ($69.90M) | ($113.20M) | ($138.70M) | ($171.10M) |
| EPS - Basic | $1.89 | ($18.51) | ($33.12) | ($43.20) | ($307.20) |
| EPS - Diluted | $1.88 | ($18.51) | ($33.12) | ($43.20) | ($307.20) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Cash & Equivalents | $50.40M | $77.40M | $84.00M | $154.50M | $31.40M |
| Accounts Receivable | - | - | - | - | - |
| Inventory | - | - | - | - | - |
| Accounts Payable | $9.90M | $6.20M | $5.80M | $12.40M | $15.90M |
| Current Assets | $66.70M | $93.90M | $102.20M | $172.10M | $264.70M |
| Total Assets | $221.00M | $240.00M | $278.50M | $336.20M | $447.50M |
| Current Liabilities | $63.20M | $47.40M | $48.10M | $60.00M | $68.80M |
| Long-term Debt | $156.60M | $333.70M | $306.70M | $272.50M | $260.80M |
| Total Liabilities | $257.10M | $422.50M | $400.80M | $371.50M | $376.40M |
| Stockholders' Equity | ($36.10M) | ($182.50M) | ($122.30M) | ($35.30M) | ($221.60M) |
| Retained Earnings | ($1.10B) | ($1.12B) | ($1.05B) | ($939.90M) | ($801.20M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | $3.50M | $12.90M | ($15.70M) | ($47.70M) | ($42.80M) |
| Investing Cash Flow | ($49.50M) | ($20.10M) | ($54.60M) | ($44.30M) | ($58.40M) |
| Financing Cash Flow | $18.60M | ($300.0K) | $700.0K | ($4.00M) | $168.50M |
| CapEx | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 73.2% | 73.0% | 71.2% | 68.9% | 66.3% |
| Operating margin | -17.4% | -15.5% | -26.8% | -35.0% | -82.9% |
| EBITDA margin | -14.9% | -12.1% | -22.8% | -30.7% | -71.2% |
| Net margin | 6.9% | -22.8% | -38.0% | -46.8% | -108.6% |
| Free cash flow margin | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - |
| SG&A / Revenue | 26.9% | 28.3% | 34.1% | 36.8% | 49.0% |
| Effective tax rate | 0.4% | - | - | - | - |
| Return on assets | 10.2% | -29.1% | -40.6% | -41.3% | -38.2% |
| Return on equity | -62.6% | 38.3% | 92.6% | 392.9% | 77.2% |
| Return on invested capital | -47.5% | -24.8% | -34.3% | -34.5% | -263.0% |
| Liquidity | |||||
| Current ratio | 1.06 | 1.98 | 2.12 | 2.87 | 3.85 |
| Quick ratio | 1.06 | 1.98 | 2.12 | 2.87 | 3.85 |
| Cash ratio | 0.80 | 1.63 | 1.75 | 2.58 | 0.46 |
| Leverage | |||||
| Debt / Equity | -4.34 | -1.83 | -2.51 | -7.72 | -1.18 |
| Debt / Assets | 0.71 | 1.39 | 1.10 | 0.81 | 0.58 |
| Debt / EBITDA | - | - | - | - | - |
| Interest coverage | - | - | - | - | - |
| Equity multiplier | -6.12 | -1.32 | -2.28 | -9.52 | -2.02 |
| Liabilities / Assets | 1.16 | 1.76 | 1.44 | 1.10 | 0.84 |
| Efficiency | |||||
| Asset turnover | 1.49 | 1.28 | 1.07 | 0.88 | 0.35 |
| Inventory turnover | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - |
| Days payable outstanding | 41d | 27d | 25d | 49d | 110d |
| Cash conversion cycle | - | - | - | - | - |
| Valuation | |||||
| P / E | 3.8x | - | - | - | - |
| P / B | - | - | - | - | - |
| P / S | 0.3x | 0.1x | 0.1x | 18.6x | 8.2x |
| EV / EBITDA | - | - | - | - | - |
| Growth | |||||
| Revenue growth (YoY) | 7.7% | 2.7% | 0.6% | 88.2% | - |
| Revenue CAGR (3y) | 3.6% | 24.8% | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - |
| Gross profit growth (YoY) | 8.0% | 5.3% | 3.9% | 95.4% | - |
| Operating income growth (YoY) | -21.1% | 40.6% | 22.8% | 20.6% | - |
| Net income growth (YoY) | - | 38.3% | 18.4% | 18.9% | - |
| EPS growth (YoY) | - | 44.1% | 23.3% | 85.9% | - |
| EPS CAGR (3y) | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - |
| Book value growth (YoY) | 80.2% | -49.2% | -246.5% | 84.1% | - |
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
-3.58
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- ✓Long-term debt decreased
- ✗Current ratio improved
- ✗No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Retail-Retail Stores, NEC
Comparing Rent the Runway against the 5 most active filers in the same SIC group.