Rent the Runway, Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Total revenue, net $256.9m $157.5m $203.3m $296.4m $298.2m $306.2m $329.8m
Subscription and Reserve rental revenue $235.4m $135.9m $185.8m $268.6m $264.9m $265.5m $286.0m
Other revenue $21.5m $21.6m $17.5m $27.8m $33.3m $40.7m $43.8m
Fulfillment $118.1m $53.0m $61.9m $92.2m $86.0m $82.8m $88.5m
Technology $40.2m $37.7m $45.3m $55.4m $49.1m $35.7m $39.3m
Marketing $22.9m $8.1m $26.5m $35.1m $31.2m $28.2m $27.0m
General and administrative $98.9m $77.2m $104.4m $109.0m $101.6m $86.8m $88.8m
Rental product depreciation and revenue share $85.2m $89.0m $71.7m $84.2m $92.5m $107.5m $133.8m
Other depreciation and amortization $21.6m $23.0m $19.4m $16.4m $14.7m $12.5m $9.9m
Restructuring charges $0 $0 $2.4m $2.0m $200k $0
Loss on asset impairment related to restructuring $0 $0 $5.3m $1.1m $0 $0
Operating loss ($130.0m) ($130.5m) ($125.9m) ($103.6m) ($80.0m) ($47.5m) ($57.5m)
Gain on Debt Restructuring $0 $0 $96.3m
Net income (loss) ($153.9m) ($171.1m) ($211.8m) ($138.7m) ($113.2m) ($69.9m) $22.6m
Net income (loss) per share attributable to common stockholders, basic ($14) ($15) ($9) ($2) ($33) ($19) $2
Net income (loss) per share attributable to common stockholders, diluted ($14) ($15) ($9) ($2) ($33) ($19) $2
Weighted-average shares used in computing net income (loss) per share attributable to common stockholders, basic ($14) ($15) ($9) ($2) ($33) ($18) $2
Weighted-average shares used in computing net income (loss) per share attributable to common stockholders, diluted ($14) ($15) ($9) ($2) ($33) ($18) $2
Interest income / (expense), net ($24.0m) ($46.6m) ($53.0m) ($36.8m) ($33.7m) ($24.2m) ($20.3m)
Other income / (expense), net ($100k) $6.2m $3.9m $1.5m $700k $2.1m $4.2m
Net income (loss) before income tax benefit / (expense) ($154.1m) ($171.1m) ($212.1m) ($138.9m) ($113.0m) ($69.6m) $22.7m
Income tax benefit / (expense) $200k $0 $300k $200k ($200k) ($300k) ($100k)
Total costs and expenses $386.9m $288.0m $329.2m $400.0m $378.2m $353.7m $387.3m