Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data Rent the Runway, Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2021
FY2021
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
257
158
203
296
298
306
330
Cost of revenue
118
53
61.9
92.2
86
82.8
88.5
Gross profit
139
105
141
204
212
223
241
General and administrative
98.9
77.2
104
109
102
86.8
88.8
Operating income
-130
-131
-126
-104
-80
-47.5
-57.5
Other non-operating income
-0.1
6.2
3.9
Pre-tax income
-154
-171
-212
-139
-113
-69.6
22.7
Income tax
-0.2
0
-0.3
-0.2
0.2
0.3
0.1
Net income
-154
-171
-212
-139
-113
-69.9
22.6
EBITDA
-114
-112
-111
-90.9
-68
-37.2
-49.1
EPS, basic
-267.39
-292.53
-162.07
-41.08
-31.52
-17.62
1.89
EPS, diluted
-267.39
-292.53
-162.07
-41.08
-31.52
-17.62
1.88
Shares, basic (weighted)
0.58
0.58
1.31
3.38
3.59
3.97
12
Shares, diluted (weighted)
0.58
0.58
1.31
3.38
3.59
3.97
12
Balance sheet
FY2021
FY2021
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
31.4
95.3
248
155
84
77.4
50.4
Other current assets
4.7
11.7
14.5
13
11.8
11.8
Total current assets
103
265
172
102
93.9
66.7
Property, plant and equipment
64.7
57.2
44.7
35.7
28.3
24
Lease right-of-use assets
34.9
31.5
26.7
33.9
32.1
29.3
Intangible assets
7.8
6.4
4.1
3.4
2.4
2
Other non-current assets
1.8
4.8
3.9
4.5
5.6
8.8
Total assets
321
448
336
279
240
221
Accounts payable
7.2
15.9
12.4
5.8
6.2
9.9
Accrued liabilities
3.4
4
4.7
4.5
3
3.5
Deferred revenue
0.7
0.6
0.6
0.5
0.7
12
Short-term debt
0.9
0
0
0
0
0
Total current liabilities
40.6
68.8
60
48.1
47.4
63.2
Long-term debt
355
261
273
307
334
157
Lease liabilities
51.5
46.4
38.3
45.3
41
35.7
Other non-current liabilities
0.3
0.4
0.7
0.7
0.4
1.6
Total liabilities
459
376
372
401
423
257
Total debt
356
261
273
307
334
157
Paid-in capital
62.7
872
905
931
941
1,064
Retained earnings
-589
-801
-940
-1,053
-1,123
-1,100
Shareholders' equity
-364
-527
71.1
-35.3
-122
-183
-36.1
Total equity
-364
-527
71.1
-35.3
-122
-183
-36.1
Total liabilities and equity
321
448
336
279
240
221
Shares outstanding
0.55
0
Cash flow statement
FY2021
FY2021
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-154
-171
-212
-139
-113
-69.9
22.6
Depreciation and amortization
16.5
18.4
14.8
12.7
12
10.3
8.4
Stock-based compensation
6.8
8.2
26.6
25.4
26.2
9.7
4.2
Deferred income tax
-0.2
0
-0.3
-0.2
0
0
0
Cash from operations
-37.6
-42.8
-42.3
-47.7
-15.7
12.9
3.5
Cash from investing
-139
-58.4
-22.5
-44.3
-54.6
-20.1
-49.5
Debt issued
50
155
0
0
0
0
20
Debt repaid
0
0
-135
0
0
Stock issued
1.8
0.5
3.3
0
0
0
12.5
Cash from financing
178
169
215
-4
0.7
-0.3
18.6
Net change in cash
1.7
67.3
150
-96
-69.6
-7.5
-27.4
Interest paid
1.5
3.7
10.2
19.8
9.6
0
0
Income taxes paid
0.26
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to July 31, 2026; growth uses fiscal years. Valuation uses the share price of $1.67 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
74.7%
Gross profit / revenue.
Operating margin
-12.3%
Operating income / revenue.
Pre-tax margin
11.8%
Pre-tax income / revenue.
Net margin
11.8%
Net income / revenue.
Operating cash flow margin
0.2%
Cash from operations / revenue.
Effective tax rate
0.0%
Income tax / pre-tax income, when pre-tax income is positive.
Return on assets (ROA)
22.5%
Net income / average total assets.
Return on invested capital (ROIC)
-71.7%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Stock-based pay / revenue
1.0%
Stock-based compensation (from the cash flow statement) / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
7.7%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
3.6%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
15.9%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y
8.0%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
5.7%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y
18.2%
Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y
-72.9%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-7.9%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-13.1%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
-7.2%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y
202.4%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
52.6%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y
83.0%
Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.67x
Current assets / current liabilities.
Quick ratio
0.44x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.44x
(Cash + short-term investments) / current liabilities.
Debt / assets
81.9%
Total debt / total assets.
Liabilities / assets
134.0%
Total liabilities / total assets.
Net debt
$128.5M
Total debt - cash - short-term investments. Negative means more cash than debt.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$10.93
Revenue / diluted weighted shares.
Operating cash flow per share
$0.02
Cash from operations / diluted weighted shares.
Book value per share
-$1.95
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/E
1.30x
Market cap / net income. Only when net income is positive.
P/S
0.15x
Market cap / revenue.
P/OCF
80.1x
Market cap / cash from operations, when positive.
EV/Sales
0.50x
Enterprise value / revenue.
Earnings yield
77.2%
Net income / market cap (the inverse of P/E).
What was Rent the Runway, Inc.'s revenue in fiscal 2025?
Rent the Runway, Inc. reported revenue of $329.8M for fiscal 2025, 7.7% higher than the year before.
Was Rent the Runway, Inc. profitable in fiscal 2025?
Yes. Net income was $22.6M, a net margin of 6.9%.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.