---
schema_version: "secwatch.filing_event.v1"
accession: "0001468327-23-000047"
form_type: "8-K"
ticker: "RENT"
cik: "0001468327"
company_name: "Rent the Runway, Inc."
filed_at: "2023-04-12T23:59:59+00:00"
generated_at: "2026-06-17T03:03:16.478158+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Rent the Runway reports FY2022 revenue $296.4M (+46% YoY); guides FY2023 revenue $320-330M

## Summary
- FY2022 revenue $296.4M (+46% YoY); net loss improved to $(138.7)M from $(211.8)M.
- FY2022 Adjusted EBITDA $6.7M (first full year positive) vs $(19.2)M prior year; Q4 Adjusted EBITDA $7.1M.
- Active subscribers 126,712 at FY2022 end (+10% YoY); record high 141,205 as of April 8, 2023.
- CFO Scarlett O'Sullivan resigns effective May 25; replaced by Sid Thacker (SVP FP&A). O'Sullivan to advise through Aug 25.
- FY2023 guidance: revenue $320-330M, active subscriber growth >25%, Adj EBITDA margin 7-8%, cash consumption down ~50%.

## SEC filing metadata
- accession: 0001468327-23-000047
- form_type: 8-K
- ticker: RENT
- cik: 0001468327
- company_name: Rent the Runway, Inc.
- filed_at: 2023-04-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1468327/000146832723000047/0001468327-23-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1468327/000146832723000047/wdq-20230411.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001468327-23-000047
- JSON: https://secwatch.observer/filing/0001468327-23-000047.json
- Plain text: https://secwatch.observer/filing/0001468327-23-000047.txt

## Key facts
- Earnings Releases
  Rent the Runway, Inc. reported the quarter ended January 31, 2023 results: revenue $75.4 million, net income $(26.2) million.
  - Period: the quarter ended January 31, 2023
  - Revenue: $75.4 million
  - Net income: $(26.2) million
  - Result: reported results
  source text: and significantly lower cash consumption in fiscal 2023, on our path to achieve free cash flow breakeven." Fourth Quarter 2022 Key Metrics and Financial Highlights • Revenue was $75.4 million, an 18% increase year-over-year from $64.1 million in the fourth quarter of fiscal year 2021. • 126,712 ending Active Subscribers, representing an increase of 10% year-over-year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1468327/000146832723000047/0001468327-23-000047-index.htm
- Earnings Releases
  Rent the Runway, Inc. reported the fiscal year ended January 31, 2023 results: revenue $296.4 million, net income $(138.7) million.
  - Period: the fiscal year ended January 31, 2023
  - Revenue: $296.4 million
  - Net income: $(138.7) million
  - Result: reported results
  source text: fourth quarter of 2021. Adjusted EBITDA margin was 9.4%, as compared to (8.6)% in the fourth quarter of 2021. Fiscal Year 2022 Key Metrics and Financial Highlights • Revenue was $296.4 million, a 46% increase year-over-year from $203.3 million in fiscal year 2021. • 128,586 Average Active Subscribers, representing an increase of 38% year-over-year from 93,371 at the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1468327/000146832723000047/0001468327-23-000047-index.htm
- Executive change
  Siddharth Thacker was appointed as Chief Financial Officer at Rent the Runway, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: the Company’s Board of Directors appointed Siddharth Thacker as the Company’s new Chief Financial Officer, effective on the Transition Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1468327/000146832723000047/0001468327-23-000047-index.htm
- Executive change
  Scarlett O'Sullivan resigned as Chief Financial Officer at Rent the Runway, Inc..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: On April 11, 2023, Scarlett O’Sullivan resigned as the Company’s Chief Financial Officer, effective May 25, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1468327/000146832723000047/0001468327-23-000047-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.