{"schema_version":"secwatch.filing_event.v1","accession":"0001468327-23-000096","form_type":"8-K","ticker":"RENT","cik":"0001468327","company_name":"Rent the Runway, Inc.","filed_at":"2023-06-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.955263+00:00","generated_at":"2026-06-14T05:44:20.193225+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Rent the Runway Q1 revenue $74.2M (+10.6% YoY); record active subscribers 145,220; Adj EBITDA turns positive","bullets":["Revenue $74.2M, up 10.6% YoY; net loss narrowed to $(30.1)M from $(42.5)M YoY.","Record active subscribers 145,220 (+7.6% YoY, +15% QoQ); total subscribers 185,720.","Adjusted EBITDA $4.5M (6.1% margin) vs $(8.8)M (-13.1%) in Q1 2022.","Gross margin improved to 42.3% from 33.5% YoY driven by cost discipline.","Q2 FY23 guidance: revenue $77-79M, Adj EBITDA margin 7-8%; FY23 guidance reiterated."],"urls":{"canonical":"https://secwatch.observer/filing/0001468327-23-000096","json":"https://secwatch.observer/filing/0001468327-23-000096.json","markdown":"https://secwatch.observer/filing/0001468327-23-000096.md","text":"https://secwatch.observer/filing/0001468327-23-000096.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1468327/000146832723000096/0001468327-23-000096-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1468327/000146832723000096/wdq-20230607.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T05:44:20.193225+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bbd8f8d594f868ec9dfdc35735e07a93dfe757da","claim":"Rent the Runway, Inc. reported the fiscal quarter ended April 30, 2023 results: revenue $74.2 million, net income $(30.1) million. Guidance reaffirmed.","evidence_excerpt":"subscriber growth and almost 50% reduction in cash consumption on our path to free cash flow breakeven.” First Quarter 2023 Key Metrics and Financial Highlights • Revenue was $74.2 million, a 10.6% increase year-over-year from $67.1 million in the first quarter of fiscal year 2022. • 145,220 ending Active Subscribers, representing an increase of 7.6% year-over-year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1468327/000146832723000096/0001468327-23-000096-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter ended April 30, 2023"},{"label":"Revenue","value":"$74.2 million"},{"label":"Net income","value":"$(30.1) million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}