secwatch.observer — SEC 8-K summary
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Issuer:     Rent the Runway, Inc. (RENT)
CIK:        0001468327
Form:       8-K
Filed at:   2025-06-05T23:59:59+00:00
Accession:  0001468327-25-000095
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rent the Runway Q1 revenue down 7%, net loss widens to $26.1M; active subs up 1% to record
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1468327/000146832725000095/0001468327-25-000095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1468327/000146832725000095/wdq-20250605.htm
  HTML page:      https://secwatch.observer/filing/0001468327-25-000095

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer