earnings
confidence high
sentiment negative
materiality 0.75
Rent the Runway Q1 revenue down 7%, net loss widens to $26.1M; active subs up 1% to record
Rent the Runway, Inc.
2025-Q1 EPS
reported -$6.58
vs consensus -$3.35
▼ miss
(-96.7%)
- Revenue $69.6M (-7.2% YoY); net loss $(26.1)M vs $(22.0)M prior year.
- Ending Active Subscribers 147,157 (record, +1% YoY); Average Active Subscribers -2%.
- Adjusted EBITDA $(1.3)M vs $6.5M prior year; gross margin 31.5% vs 37.9%.
- Launched 36 new brands in Q1; inventory receipts expected +134% YoY for FY2025.
- Operating cash flow $8.3M vs $4.6M in Q1 2024.