Rent the Runway (RENT) Gross Margin (2020 - 2026)
Rent the Runway's (RENT) quarterly Gross Margin came in at 73.75% in Q2 2026, up 306.0% on a YoY basis from 18.16% in Q2 2025, and down 3.53% quarter-over-quarter from 76.44% in Q1 2026.
Analysis
Rent the Runway (RENT) Gross Margin (2020 - 2026) Analysis & Trends
Rent the Runway (RENT) has reported Gross Margin for 7 consecutive years, with 73.75% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 306.0% year-over-year to 73.75%; the trailing twelve-month figure through Apr 2026 stood at 73.81% (up 127.0% YoY), and the FY2026 full-year result was 73.17%, up 21.0% from the prior year.
- Gross Margin slipped to 73.75% in Q2 2026 per RENT's latest filing, from 76.44% in the prior quarter.
- Across five years, Gross Margin topped out at 76.44% in Q1 2026 and bottomed at 65.87% in Q2 2022.
- Historically, Gross Margin has averaged 71.41% across 5 years, with a median of 71.25% in 2024.
- The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 786 bps in 2022, then soared 461 bps in 2023.
- Over 5 years, Gross Margin stood at 70.03% in 2022, then climbed by 0 bps to 70.34% in 2023, then climbed by 2 bps to 71.81% in 2024, then grew by 1 bps to 72.6% in 2025, then rose by 2 bps to 73.75% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 73.75%, 76.44%, and 72.6% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,787.51 Bn | 2,664.53 Bn | 198.88 Bn | 52.05% |
| 2 | JD.com | 34.28 Bn | 11.02 Bn | 16.50 Bn | 16.91% |
| 3 | Coupang | 27.38 Bn | 21.27 Bn | 2.49 Bn | 28.16% |
| 4 | Wayfair | 13.53 Bn | 12.38 Bn | 1.05 Bn | 29.95% |
| 5 | GigaCloud Technology | 3.72 Bn | 3.34 Bn | 105.56 Mn | 25.64% |
| 6 | Pattern | 3.14 Bn | 2.79 Bn | 384.36 Mn | 43.84% |
| 7 | Yunji | 2.00 Bn | 1.97 Bn | - | - |
| 8 | Revolve | 1.52 Bn | 1.18 Bn | 196.67 Mn | 56.61% |
| 9 | ATRenew | 672.68 Mn | 411.56 Mn | -705.59 Mn | -1,154.65% |
| 10 | Rent the Runway | 127.50 Mn | 127.50 Mn | 66.30 Mn | 73.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 73.75% |
| Jan 31, 2026 | 76.44% |
| Oct 31, 2025 | 72.60% |
| Jul 31, 2025 | 72.19% |
| Apr 30, 2025 | 70.69% |
| Jan 31, 2025 | 73.56% |
| Oct 31, 2024 | 71.81% |
| Jul 31, 2024 | 73.89% |
| Apr 30, 2024 | 72.53% |
| Jan 31, 2024 | 73.48% |
| Oct 31, 2023 | 70.34% |
| Jul 31, 2023 | 70.28% |
| Apr 30, 2023 | 70.49% |
| Jan 31, 2023 | 69.89% |
| Oct 31, 2022 | 70.03% |
| Jul 31, 2022 | 69.41% |
| Apr 30, 2022 | 65.87% |
| Jan 31, 2022 | 68.17% |
| Oct 31, 2021 | 67.46% |
| Jul 31, 2021 | 71.09% |