Rent the Runway Q1 revenue $89.9M (+29.2% YoY); appoints new CEO and interim CFO

Rent the Runway, Inc.

Total revenue of $89.9M exceeded guidance, up 29.2% YoY; net loss narrowed to $18.9M from $26.1M.
155,692 ending active subscribers (+5.8% YoY); add-on revenue surged 70.4% YoY.
Teri Bariquit appointed Interim CEO and President, succeeding co-founder Jennifer Hyman; Dave Loretta named interim CFO.
Q2 FY26 revenue guidance $91M-$95M; FY26 reaffirmed: double-digit revenue growth, Adj. EBITDA margin 4%-7%.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Rent the Runway, Inc. reported the fiscal quarter ended April 30, 2026 results: revenue $89.9 million, net income $(18.9) million. Guidance reaffirmed.

Period: the fiscal quarter ended April 30, 2026
Revenue: $89.9 million
Net income: $(18.9) million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

today reported financial results for the fiscal quarter ended April 30, 2026. First quarter results demonstrate continued momentum across the business, with total revenue of $89.9 million exceeding guidance and up 29.2% YoY. EBITDA margin also surpassed expectations. We also continued to see significant growth in our add-on business, with add-on revenue increasing

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Source: SEC EDGAR

accession 0001468327-26-000029

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