NASDAQ$RENT

Rent the Runway · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

Rent the Runway reported Q1 2025 results with revenue of $69.6 million and a net loss of $26.1 million.

Rent the Runway's Q1 2025 revenue declined 7.2% year-over-year to $69.6 million, driven by lower revenue per subscriber and Average Active Subscribers. The company reported a net loss of $26.1 million and ended the quarter with 147,157 Active Subscribers. Gross profit was $21.9 million, reflecting higher fulfillment and revenue share costs as a percentage of revenue.

  • Total revenue decreased to $69.6 million from $75.0 million in Q1 2024.
  • Active Subscribers increased 1% year-over-year to 147,157, while Average Active Subscribers declined 2%.
  • Net loss widened to $26.1 million from $22.0 million, with Adjusted EBITDA at $(1.3) million.
  • Cash and cash equivalents stood at $70.4 million, with net cash provided by operating activities of $8.3 million.

Headline financials

Total Revenue

$69.6M

Previous: $75M-7.2%
EPS (adj)

-$6.58

Previous: -$6.03-9.1%
Active Subscribers ending

147.2K

No prior period
Average Active Subscribers

133.5K

No prior period
Free Cash Flow

-$26.1M

Previous: -$22M-18.6%
Net Income

-$26.1M

Previous: -$22M-18.6%
Operating Income

-$19.7M

Previous: -$16.5M-19.4%
Gross Profit

$49.2M

Previous: $54.4M-9.6%
Cash & Equivalents

$70.4M

Previous: $82M-14.1%
Total Assets

$245M

Previous: $278M-11.9%

Revenue & EPS history

Rent the Runway · Revenue · Quarterly

$69.6M

Q1 2025-7.2%vs Q1 2024
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Rent the Runway · $69.6M total across 2 segments · Q1 2025

  • Subscription and Reserve rental revenue
    $62M
  • Other revenue
    $7.6M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+10.5%

Avg return

Earnings day

+5.1%

Avg return

5 days after

+1.1%

Avg return

30 days after

32%

6 / 19 earnings

Positive

+256.9%

Q4 2023

Best reaction

-36.1%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.8%-9.4%
Q3 2025+33.8%+55.2%+60.2%
Q2 2025-36.1%-35.2%-41.6%
Q1 2025+27.9%-11.0%-23.7%
Q4 2024-18.2%-24.9%+21.9%
Q3 2024-25.5%-29.5%-32.4%
Q2 2024-22.0%-29.3%-33.1%
Q1 2024-7.1%+3.8%-39.7%
Q4 2023+256.9%+171.1%+226.9%
Q3 2023+1.5%+2.4%-29.4%
Q2 2023-30.1%-34.6%-50.0%
Q1 2023-1.4%-14.3%-24.2%
Q4 2022-5.2%-11.0%-28.4%
Q3 2022+75.6%+128.1%+165.2%
Q2 2022-32.6%-35.3%-55.4%
Q1 2022-9.1%-13.7%+4.8%
Q4 2020-1.2%+3.1%-28.8%
Q4 2021+6.7%+5.4%-24.1%
Q3 2021-14.0%-24.4%-48.3%
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010
Q2 2010
Q1 2010

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