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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