Rent the Runway, Inc. — fact timeline

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

“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”

Siddharth Thacker resigned as Chief Financial Officer at Rent the Runway, Inc..

“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.”

Teri Bariquit was appointed as Interim Chief Executive Officer and President at Rent the Runway, Inc..

“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.”

Jennifer Hyman resigned as Member of the Board of Directors at Rent the Runway, Inc..

“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”

Jennifer Hyman resigned as Chief Executive Officer and President at Rent the Runway, Inc..

“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”

Rent the Runway, Inc. reported fiscal quarter and fiscal year 2025 ended January 31, 2026 results: revenue $329.8 million, net income $22.6 million.

“year 2024. Adjusted EBITDA Margin was 20.0%, as compared to 22.8% in the fourth quarter of fiscal year 2024. Fiscal Year 2025 Key Metrics and Financial Highlights • Revenue was $329.8 million, a 7.7% increase year-over-year from $306.2 million in fiscal year 2024. • 143,558 Average Active Subscribers representing an increase of 8.3% year-over-year from 132,574 at the”

Rent the Runway, Inc. amended Second Amendment to Amended and Restated Credit Agreement with the lenders party thereto and CHS (US) Management LLC, as administrative agent (effective 2026-04-01).

“On April 1, 2026, Rent the Runway, Inc. (the “Company”) entered into the Second Amendment to Amended and Restated Credit Agreement (the “Second Amendment”), by and among the Company, as borrower, the lenders party thereto (the “Lenders”) and CHS (US) Management LLC, as administrative agent (the “Agent”), which amends the Amended and Restated Credit Agreement, dated as of October 28, 2025”

Rent the Runway, Inc. amended First Amendment to Amended and Restated Credit Agreement with CHS (US) Management LLC, as administrative agent, and the lenders party thereto (effective 2026-01-28).

“On January 28, 2026, Rent the Runway, Inc. (the "Company") entered into the First Amendment to Amended and Restated Credit Agreement (the "First Amendment"), by and among the Company, as borrower, the lenders party thereto (the "Lenders") and CHS (US) Management LLC, as administrative agent (the "Agent") which amends the Amended and Restated Credit Agreement, dated as of October 28, 2025 (the "Credit Agreement"), by and among the Company, the Lenders and the Agent.”

Rent the Runway, Inc. issued 26,175,193 shares of Class A Common Stock of common stock to Lender (CHS US Investments LLC) for contributed all amounts owing to Lender under the Existing Credit Agreement in excess of $100 million.

“Lender contributed all amounts owing to Lender under the Existing Credit Agreement in excess of $100 million in exchange for 26,175,193 shares of Class A Common Stock”

Rent the Runway, Inc. issued 2,320,769 shares of Class A Common Stock of common stock to Investor Group (CHS US Investments LLC, Gateway Runway, LLC, S3 RR Aggregator, LLC) for $4.08 per share; gross proceeds approximately $9.5 million.

“the Company issued an aggregate of 2,320,769 shares of Class A Common Stock to the Investor Group, of which 1,624,539 shares were purchased by Lender, 348,115 shares were purchased by Nexus and 348,115 shares were purchased by STORY3. The gross proceeds received by the Company from the Backstop Commitment were approximately $9.5 million.”

Rent the Runway, Inc.: Amended and restated bylaws to remove lead independent director provisions, add Lender exemption from notice procedures while Investor Rights Agreement is in effect, and make technical amendments regarding adjournment of stockholder meetings and stockholder lists (effective 2025-10-28).

“On October 28, 2025, the Board amended and restated the Company’s bylaws (the “Second Amended & Restated Bylaws”), effective as of the Closing Date.”

Rent the Runway, Inc. incurred credit facility of $120 million with CHS (US) Management LLC at either (i) a bank reference rate, plus 4.00% or (ii) term SOFR plus 5.00%, in ea maturing October 28, 2029.

“amended and restated. The Investor Group also provided an additional $20 million of term loans under the New Credit Agreement, resulting in a total aggregate principal amount of $120 million as of the closing of the Recapitalization Transactions. The New Credit Agreement requires the Company to comply with specified non-financial covenants, including, but not limited”

Daniel Rosensweig was elected as Class I director at Rent the Runway, Inc..

“elected Daniel Rosensweig to serve as a Class I director, effective May 12, 2025.”

Emil Michael resigned as Director at Rent the Runway, Inc..

“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.”

Rent the Runway, Inc. reported financial results for the fiscal quarter and fiscal year 2023 ended January 31, 2024.

“On April 10, 2024, Rent the Runway, Inc. (the “Company”) issued a press release announcing its financial results for the quarter and year ended January 31, 2024.”

Rent the Runway, Inc.: 公司提交了修订证书以实施1-for-20的反向股票分割，该分割于2024年4月2日下午5点生效。 (effective 2024-04-02).

“On April 2, 2024, the Company filed a Certificate of Amendment to the Restated Certificate (the “Amendment”) to effect the Reverse Stock Split with the Secretary of State of the State of Delaware. The Amendment did not affect the number of authorized shares of the Company’s common stock or the par value of the Company’s common stock. The Reverse Stock Split became effective at 5:00 p.m., Eastern Time, on April 2, 2024, at which time every 20 shares of issued and outstanding Class A common stock or Class B common stock were automatically reclassified into one new share of Class A or Class B common stock, respectively.”

Rent the Runway, Inc. received a nasdaq noncompliance notice notice regarding market value (rules 5550(b)(2)).

“March 27, 2024, Rent the Runway, Inc. (the “Company”) received written notice (the “Notice”) from The Nasdaq Stock Market, LLC (“Nasdaq”) notifying the Company that the Company is no longer in compliance with the minimum Market Value of Listed Securities (“MVLS”) of $35,000,000 required for continued listing on The Nasdaq Capital Market as set forth in Nasdaq Listing Rule 5550(b)(2) (the “Minimum MVLS Requirement”). The Notice has no effect at this time on the listing of the Company’s Class A common stock, par value $0.001 per share, which continues to trade on The Nasdaq Capital Market under”

Rent the Runway, Inc. shareholders approved Approval of an adjournment of the Special Meeting, if necessary, to solicit additional proxies if there are not sufficient votes at the time of the Special Meeting to approve the Reverse Stock Split Proposal at the 2024-03-21 meeting.

“Item 2 - Approval of an adjournment of the Special Meeting, if necessary, to solicit additional proxies if there are not sufficient votes at the time of the Special Meeting to approve the Reverse Stock Split Proposal. Votes FOR Votes AGAINST Votes ABSTAINED Broker Non-Votes 108,094,740 4,833,919 997,409 —”

Rent the Runway, Inc. shareholders approved Approval of Amendments to the Company’s Twelfth Amended and Restated Certificate of Incorporation to effect a reverse stock split of the Company’s Class A common stock and Class B common stock at the 2024-03-21 meeting.

“Item 1 - Approval of Amendments to the Company’s Twelfth Amended and Restated Certificate of Incorporation to effect a reverse stock split of the Company’s Class A common stock and Class B common stock (the “Reverse Stock Split Proposal”). Votes FOR Votes AGAINST Votes ABSTAINED Broker Non-Votes 112,400,178 1,357,726 168,164 —”

Rent the Runway, Inc. announced a restructuring with charges of approximately $3 million to $4 million (approximately 10% of its corporate employees).

“On January 8, 2024, the Board of Directors of Rent the Runway, Inc. (the “Company”) approved a plan designed to focus its workforce and cost structure on key growth opportunities and support its profitability goals, consistent with the Company’s anticipated budget for fiscal year 2024 (the “Restructuring Plan”). The initiative includes a reduction in workforce that will involve approximately 10% of its corporate employees. The Restructuring Plan is expected to be substantially completed by the end of the fourth quarter of fiscal 2023 and fully completed by the end of the second quarter of fiscal 2024. The Company expects to incur charges of approxim ately $3 million to $4 million for the Restructuring Plan, substantially all of which is expected to be incurred in the fourth quarter of fiscal year 2023.”

Jennifer Hyman was appointed as President and principal operating officer at Rent the Runway, Inc..

“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.”

Anushka Salinas resigned as Chief Operating Officer and President at Rent the Runway, Inc..

“On January 8, 2024, Anushka Salinas resigned as the Company’s Chief Operating Officer and President, effective January 31, 2024”

Rent the Runway, Inc. reported the quarter ended October 31, 2023 results: revenue $72.5 million, net income ($31.5) million. Guidance reaffirmed.

“RTR with the SEC today and available on the RTR’s Investor Relations website (investors.renttherunway.com). Third Quarter 2023 Key Metrics and Financial Highlights • Revenue was $72.5 million, a (6.3)% decrease year-over-year from $77.4 million in the third quarter of fiscal year 2022. • 131,725 ending Active Subscribers, representing a decrease of (2)% year-over-year”

Rent the Runway, Inc. amended Tenth Amendment to Credit Agreement with Double Helix Pte Ltd. (effective 2023-12-01).

“On December 1, 2023, Rent the Runway, Inc. (the “Company”) entered into a Tenth Amendment to Credit Agreement (the “Credit Facility Amendment”) with respect to its term loan agreement dated as of July 23, 2018, as amended to date, with Double Helix Pte Ltd. (“Double Helix”), an indirectly wholly-owned subsidiary of Temasek Holdings (Private) Limited, as administrative agent for the lenders party thereto (the “Lenders”) which is referred to as the Credit Facility (as amended by the Credit Facility Amendment, the “Amended Credit Facility”).”

Rent the Runway, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

“October 20, 2023, Rent the Runway, Inc. (the “ Company ” ) received a letter (the “ Nasdaq Staff Deficiency Letter”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, for the last thirty consecutive business days, the bid price for the Company’s common stock had closed below the minimum $1.00 per share requirement for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided an initial period of 180 calendar days, or until April 17, 2024, to regain compliance. The letter st”

Rent the Runway, Inc. reported financial results for the quarter ended July 31, 2023.

“On September 8, 2023, Rent the Runway, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended July 31, 2023.”

Rent the Runway, Inc. shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending January 31, 2024 at the 2023-07-12 meeting.

“Item 2 - Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending January 31, 2024. Votes FOR Votes AGAINST Votes ABSTAINED 111,515,167 151,204 224,279”

Rent the Runway, Inc. shareholders approved Election of four Class II Directors to serve until the 2026 Annual Meeting of Stockholders at the 2023-07-12 meeting.

“Item 1 - Election of four Class II Directors to serve until the 2026 Annual Meeting of Stockholders, and until their respective successors have been duly elected and qualified. Nominee Votes FOR Votes WITHHELD Broker Non-Votes Scott Friend 101,721,430 1,597,649 8,571,571 Melanie Harris 101,743,605 1,575,474 8,571,571 Dan Nova 101,685,675 1,633,404 8,571,571 Mike Roth 101,718,380 1,600,699 8,571,571”

Rent the Runway, Inc. shareholders approved Approval of an adjournment of the Special Meeting, if necessary, to solicit additional proxies if there are not sufficient votes at the time of the Special Meeting to approve the stock option exchange at the 2023-06-07 meeting.

“Item 2 - Approval of an adjournment of the Special Meeting, if necessary, to solicit additional proxies if there are not sufficient votes at the time of the Special Meeting to approve the stock option exchange. Votes FOR Votes AGAINST Votes ABSTAINED Broker Non-Votes 93,065,759 9,893,080 50,855 —”

Rent the Runway, Inc. shareholders approved Approval of a one-time stock option exchange for eligible participants at the 2023-06-07 meeting.

“Item 1 - Approval of a one-time stock option exchange for eligible participants. Votes FOR Votes AGAINST Votes ABSTAINED Broker Non-Votes 92,369,074 10,620,418 20,202 —”

Rent the Runway, Inc. reported the fiscal quarter ended April 30, 2023 results: revenue $74.2 million, net income $(30.1) million. Guidance reaffirmed.

“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”

Rent the Runway, Inc. reported the fiscal year ended January 31, 2023 results: revenue $296.4 million, net income $(138.7) million.

“fourth quarter of 2021. Adjusted EBITDA margin was 9.4%, as compared to (8.6)% in the fourth quarter of 2021. Fiscal Year 2022 Key Metrics and Financial Highlights • Revenue was $296.4 million, a 46% increase year-over-year from $203.3 million in fiscal year 2021. • 128,586 Average Active Subscribers, representing an increase of 38% year-over-year from 93,371 at the”

Rent the Runway, Inc. reported the quarter ended January 31, 2023 results: revenue $75.4 million, net income $(26.2) million.

“and significantly lower cash consumption in fiscal 2023, on our path to achieve free cash flow breakeven." Fourth Quarter 2022 Key Metrics and Financial Highlights • Revenue was $75.4 million, an 18% increase year-over-year from $64.1 million in the fourth quarter of fiscal year 2021. • 126,712 ending Active Subscribers, representing an increase of 10% year-over-year”

Siddharth Thacker was appointed as Chief Financial Officer at Rent the Runway, Inc..

“the Company’s Board of Directors appointed Siddharth Thacker as the Company’s new Chief Financial Officer, effective on the Transition Date.”

Scarlett O'Sullivan resigned as Chief Financial Officer at Rent the Runway, Inc..

“On April 11, 2023, Scarlett O’Sullivan resigned as the Company’s Chief Financial Officer, effective May 25, 2023”

Rent the Runway, Inc. entered into Warrant with Double Helix Pte Ltd. (effective 2023-01-31).

“In connection with and as consideration for entering into the Credit Facility Amendment, on January 31, 2023, the Company granted a warrant to Double Helix to purchase up to 2 million shares of the Company’s Class A common stock, par value $0.001 per share (the “Warrant Shares”) at an exercise price of $5.00 per share (the “Warrant”).”

Rent the Runway, Inc. amended Credit Facility Amendment with Double Helix Pte Ltd. (effective 2023-01-31).

“On January 31, 2023, Rent the Runway, Inc. (the “Company”) entered into an Ninth Amendment (the “Credit Facility Amendment”) to its term loan agreement dated as of July 23, 2018, as amended to date, with Double Helix Pte Ltd. (“Double Helix”), an indirectly wholly-owned subsidiary of Temasek Holdings (Private) Limited, as administrative agent for the lenders party thereto (the “Lenders”) which is referred to herein as the Credit Facility (as amended by the Credit Facility Amendment, the “Amended Credit Facility”).”

Dan Rosensweig resigned as Director at Rent the Runway, Inc..

“Dan Rosensweig tendered his resignation to be effective as of April 1, 2023 from the Company’s Board of Directors”

Rent the Runway, Inc. reported fiscal quarter ended October 31, 2022 results: revenue $77.4 million, net income $(36.1) million. Guidance raised.

“Third Quarter 2022 Key Metrics and Financial Highlights • Revenue was $77.4 million, a 31% increase year-over-year from $59.0 million in the third quarter of fiscal year 2021. • 134,240 ending Active Subscribers, representing an increase of 15% year-over-year from 116,833 at the end of the third quarter of fiscal year 2021. • 176,167 ending Total Subscribers, representing an increase of 17% year-over-year from 150,075 at the end of the third quarter of fiscal year 2021. • Gross Profit was $31.8 million, representing an increase of 60% from $19.9 million in the third quarter of 2021. Gross Margin was 41.1%, as compared to 33.7% in the third quarter of fiscal year 2021. • Net Loss was $(36.1) million, as compared to $(87.8) million in the third quarter of fiscal year 2021. Net Loss as a percentage of revenue was (46.6)%, as compared to (148.8)% in the third quarter of fiscal year 2021. In the three months ended October 31, 2022, Net Loss included $5.8 million of restructuring and related”