NASDAQ$RENT

Rent the Runway · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Rent the Runway reported Q2 2025, revenue of $69.2M, net loss of $26.4M.

For Q2 2025, Rent the Runway reported revenue of $69.2M, a net loss of $26.4M. Management discusses segment performance, capital allocation, and sector risks in the quarterly filing.

  • Revenue $69.2M.
  • Net loss $26.4M.
  • Rent the Runway MD&A covers liquidity, credit, and operating priorities.

Headline financials

Total Revenue

$80.9M

Previous: $78.9M+2.5%
EPS (adj)

-$6.55

Previous: -$4.17-57.1%
Gross Margin

30.0%

No prior period
Adjusted EBITDA

$3.6M

No prior period
Ending Total Subscribers

185.1K

No prior period
Adjusted EBITDA Margin

4.4%

No prior period
Net Income Margin

-32.6%

No prior period
Active Subscribers ending

146.4K

No prior period
Average Active Subscribers

146.8K

No prior period
Free Cash Flow

-$26.4M

Previous: -$15.6M-69.2%
Net Income

-$26.4M

Previous: -$15.6M-69.2%
Operating Income

-$20.1M

Previous: -$9.6M-109.4%
Gross Profit

$58.4M

Previous: $58.3M+0.2%
Cash & Equivalents

$43.6M

Previous: $76.6M-43.1%
Total Assets

$219M

Previous: $257M-14.9%

Revenue & EPS history

Rent the Runway · Revenue · Quarterly

$80.9M

Q2 2025+2.5%vs Q2 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

Forward guidance

The quarterly filing discusses operating priorities, capital returns, and sector risks.

Tailwinds

  • MD&A highlights liquidity and core business trends.
  • Management commentary on segment performance.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items can affect YoY comparability.

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 Q2 2025

Historical avgQ2 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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