Rent The Runway, Inc. (RENT)
NASDAQ:RENT
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Earnings Data
Report Date
Sep 16, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-5.57Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call conveyed strong top-line momentum: nearly 30% revenue growth, meaningful add-on and retail strength, improving adjusted EBITDA, and promising early returns from AI-driven discovery and new revenue pilots. These positives are tempered by notable margin compression, worsening free cash flow in the quarter, a deceleration in ending subscriber growth versus prior periods, and exposure to transportation/fuel cost volatility and leadership transitions. Management reiterated full-year revenue and adjusted EBITDA guidance and outlined initiatives to improve discovery and diversify revenue, suggesting confidence in a continued recovery trajectory despite near-term operational headwinds.Company Guidance
Strong Revenue Growth and Guidance Beat
Total revenue of $89.9M in Q1'26, up 29.2% year-over-year, and above guidance ($85M-$87M). Company reiterates double-digit revenue growth guidance for fiscal year 2026.
Subscriber Base Expansion
Ending active subscribers of 155,692, up 5.8% year-over-year and up 8.3% quarter-over-quarter; average active subscribers 149,744, up 12.2% year-over-year.
Rapid Add-On Revenue Growth
Add-on revenue grew 70% year-over-year and 11% sequentially, driven by higher percentage of subscribers engaging with add-on products.
Other Revenue and Retail Strength
Other revenue increased $4.6M, or 60.5% year-over-year, primarily due to significantly higher retail revenue.
Improved Cost Efficiency in Fulfillment
Fulfillment costs as a percentage of revenue declined to 26.2% in Q1'26 from 29.4% in Q1'25, reflecting higher revenue per order and greater retail mix.
Adjusted EBITDA Improvement and Positive Outlook
Adjusted EBITDA improved to negative $0.8M (‑0.9% of revenue) in Q1'26 versus negative $1.3M (‑1.9%) in Q1'25. Company reiterates FY adjusted EBITDA guidance of 4%–7% of revenue and Q2 adjusted EBITDA of 5%–8%.
Product Discovery and AI Initiatives Showing Early Impact
Launched personalized carousel (11% increase in hearting behavior for active subscribers), AI imagery updates (129% increase in views on updated styles), and internal outfit generation testing; these improvements are positioned to boost discovery and engagement.
New Growth Streams and Pilots
Expanded and launched the RTR Marketplace to customers, seeing encouraging early signals; advertising/media business showing momentum with brand interest; B2B dry cleaning pilot launched with underlying tech investments to scale logistics as standalone revenue.
Strengthened Leadership Bench
Interim CEO Teri Bariquit (retail veteran) in place, Paige Thomas hired as Chief Commercial Officer, and Dave Loretta joining as Interim CFO, adding deep retail and finance experience to support commercialization and growth.
RENT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
RENT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 03, 2026 | $3.72 | $3.71 | -0.27% |
Apr 14, 2026 | $5.79 | $5.22 | -9.84% |
Dec 12, 2025 | $5.63 | $6.65 | +18.12% |
Sep 11, 2025 | $7.08 | $4.50 | -36.44% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Rent The Runway, Inc. (RENT) report earnings?
Rent The Runway, Inc. (RENT) is schdueled to report earning on Sep 16, 2026, After Close (Confirmed).
What is Rent The Runway, Inc. (RENT) earnings time?
Rent The Runway, Inc. (RENT) earnings time is at Sep 16, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RENT EPS forecast?
Currently, no data Available
