Rent the Runway, Inc.
Rent the Runway, Inc. (RENT) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for Rent the Runway, Inc. (RENT), featuring income statements, balance sheets, and cash flow data.
Rent the Runway, Inc. (RENT) Income Statement & Financial Overview
Access detailed annual and quarterly income data for Rent the Runway, Inc. RENT financial performance.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $76.40M | $75.90M | $78.90M | $75.00M |
| Cost of Revenue | $20.20M | $21.40M | $46.50M | $59.50M |
| Gross Profit | $56.20M | $54.50M | $32.40M | $15.50M |
| Gross Profit Ratio | $0.74 | $0.72 | $0.41 | $0.21 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $24.90M | $28.30M | $30.00M | $31.80M |
| Operating Expenses | $63.90M | $68.20M | $42.00M | $31.80M |
| Total Costs & Expenses | $84.10M | $89.60M | $88.50M | $91.30M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $0.00 | $0.00 | $6.00M | $5.60M |
| Depreciation & Amortization | $30.30M | $3.00M | $29.20M | $29.30M |
| EBITDA | $22.60M | -$10.70M | $19.60M | $13.00M |
| EBITDA Ratio | $0.30 | -$0.14 | $0.25 | $0.17 |
| Operating Income | -$7.70M | -$13.70M | -$9.60M | -$16.30M |
| Operating Income Ratio | -$0.10 | -$0.18 | -$0.12 | -$0.22 |
| Other Income/Expenses (Net) | -$5.50M | -$5.20M | -$5.90M | -$5.50M |
| Income Before Tax | -$13.20M | -$18.90M | -$15.50M | -$22.00M |
| Income Before Tax Ratio | -$0.17 | -$0.25 | -$0.20 | -$0.29 |
| Income Tax Expense | $200000.00 | $0.00 | $100000.00 | $29.26M |
| Net Income | -$13.40M | -$18.90M | -$15.60M | -$22.00M |
| Net Income Ratio | -$0.18 | -$0.25 | -$0.20 | -$0.29 |
| EPS | -$3.55 | -$4.94 | -$4.17 | -$6.03 |
| Diluted EPS | -$3.55 | -$4.94 | -$4.17 | -$6.03 |
| Weighted Avg Shares Outstanding | $3.90M | $3.82M | $3.74M | $3.65M |
| Weighted Avg Shares Outstanding (Diluted) | $3.90M | $3.82M | $3.74M | $3.65M |
Over the last four quarters, Rent the Runway, Inc. achieved steady financial progress, growing revenue from $75.00M in Q1 2024 to $76.40M in Q4 2024. Gross profit stayed firm with margins at 74% in Q4 2024 versus 21% in Q1 2024. Operating income totaled -$7.70M in Q4 2024, maintaining a -10% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $22.60M. Net income rose to -$13.40M, with EPS at -$3.55. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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