Highest-materiality recent filing
Rent the Runway Q1 revenue $89.9M (+29.2% YoY); appoints new CEO and interim CFO
Total revenue of $89.9M exceeded guidance, up 29.2% YoY; net loss narrowed to $18.9M from $26.1M.
Rent the Runway CFO Siddharth Thacker resigns effective June 3; reaffirms FY2026 guidance
CFO Siddharth Thacker resigning effective June 3, 2026, after Q1 earnings announcement to pursue other opportunities.
Rent the Runway CEO Jennifer Hyman resigns; Teri Bariquit appointed interim CEO effective May 15
Co-founder Jennifer Hyman steps down as CEO, President and Board member effective May 15, 2026; will remain advisor through Jan 2027 at $62,500/month.
Rent the Runway enters ATM equity offering for up to $40M; effective limit ~$10M
Entered ATM sales agreement with BTIG to sell up to $40M of Class A common stock.
Rent the Runway Q4 revenue $91.7M (+20% YoY); active subs up 20.1% to 143,796
Q4 net loss improved to $(1.4)M from $(13.4)M YoY; FY25 net income $22.6M includes $96.3M debt restructuring gain.
Rent the Runway amends credit agreement to allow interest capitalization through May 2027
Second Amendment permits borrower to capitalize interest payments in lieu of cash until May 3, 2027.
Rent the Runway removes minimum liquidity covenant from credit agreement
First Amendment to Amended and Restated Credit Agreement eliminates minimum liquidity covenant.
Rent the Runway Q3 revenue +15.4% to $87.6M, active subs +12.4%, closes recap
Revenue $87.6M (+15.4% YoY); ending Active Subscribers 148,916 (+12.4% YoY).
Rent the Runway closes recapitalization; APS becomes majority owner with 59.9% voting power
APS converted $100M debt to new term loans; remaining debt exchanged for 26.2M Class A shares, giving APS 59.9% voting power.
Shareholders approved issuance of Class A shares upon term loan conversion (4,700,944 FOR, 7,031 AGAINST).
Rent the Runway details rights offering: $4.08 subscription, 0.7437 shares per right
$12.5M rights offering; record date Oct 6, 2025; each holder received one right per share of common stock.
Rent the Runway sets record date Oct 6 for $12.5M rights offering at $4.08/share
Record date October 6, 2025 for previously announced $12.5M rights offering.
Rent the Runway Q2 revenue +2.5% to $80.9M; net loss widens; recap cuts debt to $120M
Revenue $80.9M (+2.5% YoY); ending active subscribers 146,373 (+13.4% YoY).
Rent the Runway recapitalization: $100M debt-for-equity swap, $20M new loans, $12.5M rights offering
Lender exchanges $100M debt for new term loans; contributes excess debt for 86% of outstanding Class A shares.
Rent the Runway 2025 annual meeting elects three Class I directors, ratifies PwC as auditor
Elected Class I directors Tim Bixby, Jennifer Fleiss, and Daniel Rosensweig at July 8 annual meeting; each received over 4M votes for.
Rent the Runway Q1 revenue down 7%, net loss widens to $26.1M; active subs up 1% to record
Revenue $69.6M (-7.2% YoY); net loss $(26.1)M vs $(22.0)M prior year.
Daniel Rosensweig appointed to Rent the Runway Board as Class I director
Rosensweig rejoins Board effective May 12, 2025; previously served from 2012 to 2023.
Rent the Runway Q4 revenue up 0.8% to $76.4M; net loss narrows to $13.4M; cash burn drops to $6.6M
Revenue $76.4M (+0.8% YoY); net loss $(13.4)M improved from $(24.8)M; Adjusted EBITDA $17.4M (22.8% margin).
Emil Michael resigns from Rent the Runway board; retention bonuses approved for CEO and CFO
Emil Michael resigned from the Board effective March 1, 2025, citing no disagreement with the company.
Revenue $75.9M (+4.7% YoY); net loss narrowed to $(18.9)M from $(31.5)M.
Rent the Runway Q2 revenue $78.9M (+4.2% YoY), raises FY24 revenue guidance
Revenue $78.9M, up 4.2% YoY; net loss $15.6M vs $26.8M loss last year.
Rent the Runway shareholders re-elect four Class III directors and ratify PwC as auditor
Jennifer Hyman, Beth Kaplan, Emil Michael, Gwyneth Paltrow elected as Class III directors with over 4.1M votes each.
Rent the Runway Q1 revenue $75M (+1.1% YoY), Adj EBITDA $6.5M beats guidance; record low cash burn
Revenue $75.0M (+1.1% YoY); net loss $(22.0)M improved from $(30.1)M.
Rent the Runway adopts Transaction Bonus Plan with $25M aggregate pool for execs
CEO Jenn Hyman eligible for 49.1% of $12.5M base bonus pool and up to $12.5M FCF bonus pool.
Rent the Runway Q4 revenue $75.8M (+0.5% YoY); Adj. EBITDA $11.2M; guides FY24 FCF breakeven
Q4 net loss $(24.8)M improved from $(26.2)M; Adj. EBITDA margin 14.8% vs 9.4% YoY.
Rent the Runway receives Nasdaq MVLS deficiency notice; implements 1-for-20 reverse stock split
Received Nasdaq deficiency notice on March 27, 2024 for MVLS below $35M minimum; 180-day cure period until Sept 23, 2024.
Rent the Runway stockholders approve reverse stock split at March 21 special meeting
Stockholders approved reverse stock split with 112,400,178 FOR (98.7% of votes cast).
Rent the Runway to cut 10% of corporate staff, COO/President Salinas resigns
Board approved restructuring on Jan 8, 2024; cuts ~10% of corporate employees to focus on growth and profitability.
Eliminates all cash and PIK interest for six fiscal quarters starting Q4 FY2023.
Rent the Runway Q3 revenue $72.5M (-6.3% YoY); restructures debt, eliminates interest for 6 quarters
Revenue $72.5M (-6.3% YoY); net loss $(31.5)M (narrowed from $(36.1)M YoY); Adj. EBITDA $3.5M (vs $6.6M YoY).
Rent the Runway receives Nasdaq non-compliance notice for bid price below $1.00
On Oct 20, 2023, Nasdaq notified Rent the Runway that its bid price closed below $1.00 for 30 consecutive business days.
Rent the Runway approves target-level FY23 bonuses plus retention payments for CEO, CFO, COO
CEO Hyman receives $360K incremental retention; CFO Thacker $250K; COO Salinas $360K.
Rent the Runway Q2 net loss narrows to $26.8M; Adj. EBITDA margin hits 10.2%
Revenue $75.7M (-1% YoY); net loss $(26.8)M vs $(33.9)M a year ago.
Rent the Runway reports 2023 annual meeting voting results; all director nominees elected
All four Class II directors (Scott Friend, Melanie Harris, Dan Nova, Mike Roth) elected with over 101M votes each.
Rent the Runway shareholders approve one-time stock option exchange at special meeting
Special meeting held June 7, 2023; 82% of combined voting power represented.
Revenue $74.2M, up 10.6% YoY; net loss narrowed to $(30.1)M from $(42.5)M YoY.
Rent the Runway reports FY2022 revenue $296.4M (+46% YoY); guides FY2023 revenue $320-330M
FY2022 revenue $296.4M (+46% YoY); net loss improved to $(138.7)M from $(211.8)M.
Ninth Amendment extends term loan maturity to Oct 29, 2026; cash interest reduced to 2% p.a. through Jul 31, 2024, then 5% p.a.
Rent the Runway Q3 revenue $77.4M (+31% YoY); raises FY guidance
Q3 revenue $77.4M (+31% YoY); net loss $(36.1)M (includes $5.8M restructuring) vs $(87.8M).
Q2 revenue $76.5M (+64% YoY); first quarter of positive Adj. EBITDA of $1.8M (vs -$1.9M prior year).
Rent the Runway shareholders elect three Class I directors and ratify PwC as auditor
Tim Bixby, Jennifer Fleiss, and Carley Roney elected as Class I directors for terms expiring 2025.
Rent the Runway Q1 revenue $67.1M (+100% YoY); beats guidance; active subs up 82% YoY
Revenue $67.1M, up 100% YoY from $33.5M; gross margin 33.5% vs 24.2% YoY.
Rent the Runway Q4 revenue up 91% YoY to $64.1M; FY2022 revenue guidance $295-305M
Q4 revenue $64.1M (+91% YoY); ending Active Subscribers 115,240 (+110% YoY).
Rent the Runway Q3 FY2021 revenue $59.0M (+66% YoY); active subscribers up 78% to 116,833
Revenue $59.0M, up 66% YoY; gross margin 33.7% vs 6.8% YoY.
On May 18, 2026, Siddharth Thacker tendered his resignation as Chief Financial Officer of Rent the Runway, Inc. (the “Company”), effective on or about June 3, 2026, which will follow the Company’s earnings announcement for the first quarter of fiscal year 2026.
On May 12, 2026, Jennifer Hyman resigned as Chief Executive Officer and President of Rent the Runway, Inc. (the “Company”) and as a member of the Company’s board of directors (the “Board”), effective as of May 15, 2026
On May 12, 2026, Jennifer Hyman resigned as Chief Executive Officer and President of Rent the Runway, Inc. (the “Company”) and as a member of the Company’s board of directors (the “Board”), effective as of May 15, 2026
On May 12, 2026 Teri Bariquit, age 65, who is a member of our Board, was appointed as the interim Chief Executive Officer and President of the Company, effective as of the Separation Date until the Board appoints a permanent Chief Executive Officer and President to succeed Ms. Hyman.
elected Daniel Rosensweig to serve as a Class I director, effective May 12, 2025.
On February 28, 2025, Emil Michael, a member of the Board of Directors (the “Board”) of Rent the Runway, Inc. (the “Company”), tendered his resignation from the Board and all committees on which he served, in each case, effective as of March 1, 2025.
On the same date, Jennifer Hyman, the Company’s Chief Executive Officer, was appointed as the Company’s President and designated as the Company’s principal operating officer, effective on the Transition Date.
On January 8, 2024, Anushka Salinas resigned as the Company’s Chief Operating Officer and President, effective January 31, 2024
the Company’s Board of Directors appointed Siddharth Thacker as the Company’s new Chief Financial Officer, effective on the Transition Date.
On April 11, 2023, Scarlett O’Sullivan resigned as the Company’s Chief Financial Officer, effective May 25, 2023
Dan Rosensweig tendered his resignation to be effective as of April 1, 2023 from the Company’s Board of Directors
Max materiality 0.90 · Median 0.70 · Most common event earnings