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 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.
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 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.
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).
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 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 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 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 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.
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 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