Rent the Runway annual gross margin
2019
2020
2021
2022
2023
2024
2025
Rent the Runway Gross Margin Growth & History (RENT)
Rent the Runway's gross margin was −102.05% for fiscal 2025.
View full Rent the Runway company overviewRent the Runway annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2026-01-31 | −102.05% | +1.39 pp |
| 2024 | 2025-01-31 | −103.44% | +54.82 pp |
| 2023 | 2024-01-31 | −158.26% | +73.40 pp |
| 2022 | 2023-01-31 | −231.65% | +22.06 pp |
| 2021 | 2022-01-31 | −253.71% | −108.34 pp |
| 2020 | 2021-01-31 | −145.37% | +303.93 pp |
| 2019 | 2020-01-31 | −449.30% | — |
Rent the Runway quarterly gross margin
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q1 2026 | 2026-04-30 | −93.44% | +74.98 pp |
| Q4 2025 | 2026-01-31 | −55.40% | +15.79 pp |
| Q3 2025 | 2025-10-31 | −126.42% | −3.50 pp |
| Q2 2025 | 2025-07-31 | −92.31% | +5.77 pp |
| Q1 2025 | 2025-04-30 | −168.42% | −36.96 pp |
| Q4 2024 | 2025-01-31 | −71.19% | +22.08 pp |
| Q3 2024 | 2024-10-31 | −122.92% | +52.72 pp |
| Q2 2024 | 2024-07-31 | −98.08% | +94.13 pp |
| Q1 2024 | 2024-04-30 | −131.46% | +64.49 pp |
| Q4 2023 | 2024-01-31 | −93.27% | +131.02 pp |
| Q3 2023 | 2023-10-31 | −175.64% | −5.87 pp |
| Q2 2023 | 2023-07-31 | −192.21% | +67.79 pp |
| Q1 2023 | 2023-04-30 | −195.95% | +105.81 pp |
| Q4 2022 | 2023-01-31 | −224.29% | +60.62 pp |
| Q3 2022 | 2022-10-31 | −169.77% | +138.74 pp |
| Q2 2022 | 2022-07-31 | −260.00% | −4.74 pp |
| Q1 2022 | 2022-04-30 | −301.75% | −163.92 pp |
| Q4 2021 | 2022-01-31 | −284.91% | — |
| Q3 2021 | 2021-10-31 | −308.51% | −188.51 pp |
| Q2 2021 | 2021-07-31 | −255.26% | — |
| Q1 2021 | 2021-04-30 | −137.84% | — |
| Q3 2020 | 2020-10-31 | −120.00% | — |
Rent the Runway gross margin trends
Over the last five fiscal years, Rent the Runway's gross margin increased from −145.37% to −102.05%, a change of +43.32 percentage points. The latest reported quarter, Q1 2026, shows −93.44%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Rent the Runway source filings ↗Community posts
Rent the Runway grows revenue 21% but forecasts weaker next quarter
Rent the Runway ($RENT) reported second-quarter revenue of $97.7 million, up 20.8%, and narrowed its net loss to $12.9 million from $26.4 million. Adjusted EBITDA increased to $12.6 million from $3.6 million. However, ending active subscrib ...