Rent the Runway Reports Q1 2026 Earnings with Revenue Growth
Rent the Runway (RENT) reported first-quarter earnings for fiscal year 2026 on June 3, showing revenue of $89.9 million, a 29.2% increase from last year and above guidance. The company saw strong growth in add-on revenue and active subscribers but faced challenges with gross margin decline due to higher costs.
Topics: cash_flow costs ebitda revenue subscriber_growth