Rent the Runway (RENT) Gross Margin (2020 - 2026)
Rent the Runway (RENT) reported Gross Margin of 387.05% for Q1 2026, down 448.0% on a YoY basis from 111.22% in Q1 2025, and up 317.56% quarter-over-quarter from 92.69% in Q4 2025.
Rent the Runway (RENT) Gross Margin (2020 - 2026) Analysis & Trends
Rent the Runway has reported Gross Margin for 7 years, with the latest figure at 387.05% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 448.0% year-over-year to 387.05%; the trailing twelve-month figure through Jan 2026 stood at 101.31% (up 262.0% YoY), and the FY2026 full-year result was 38.36%, up 764.0% from the prior year.
- Gross Margin for Q1 2026 stood at 387.05%, up from 92.69% in the prior quarter.
- The five-year high for Gross Margin was 591.43% in Q1 2023, with the low at 175.64% in Q4 2023.
- Historically, Gross Margin has averaged 96.88% across 5 years, with a median of 73.89% in 2024.
- Annual changes were most pronounced in 2023 — Gross Margin surged 49577 bps — and 2024, when it slumped 68470 bps.
- Rent the Runway's Gross Margin stood at 12.79% in 2022, then tumbled by 1273 bps to 175.64% in 2023, then surged by 115 bps to 26.04% in 2024, then surged by 256 bps to 92.69% in 2025, then soared by 318 bps to 387.05% in 2026.
- The last three Gross Margin figures came in at 387.05% (Q1 2026), 92.69% (Q4 2025), and 92.31% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 177.75 Bn | 172.17 Bn | 4.48 Bn | 31.28% |
| 2 | Ross Stores | 74.23 Bn | 69.64 Bn | 1.80 Bn | 27.19% |
| 3 | Burlington Stores | 19.90 Bn | 19.15 Bn | 1.26 Bn | 44.17% |
| 4 | Lululemon Athletica | 13.59 Bn | 11.78 Bn | 2.00 Bn | 54.87% |
| 5 | Gap | 7.91 Bn | 5.35 Bn | 1.42 Bn | 40.52% |
| 6 | Urban Outfitters | 6.43 Bn | 5.73 Bn | 599.20 Mn | 33.26% |
| 7 | Boot Barn Holdings | 5.12 Bn | 4.92 Bn | 281.24 Mn | 39.86% |
| 8 | Victoria's Secret | 4.37 Bn | 3.90 Bn | 855.00 Mn | 37.68% |
| 9 | Abercrombie & Fitch | 3.57 Bn | 2.80 Bn | 1.10 Bn | 65.58% |
| 10 | Rent the Runway | 39.83 Mn | 39.83 Mn | 53.80 Mn | 387.05% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 387.05% |
| Oct 31, 2025 | 92.69% |
| Jul 31, 2025 | -92.31% |
| Apr 30, 2025 | 87.64% |
| Jan 31, 2025 | 391.53% |
| Oct 31, 2024 | 26.04% |
| Jul 31, 2024 | 73.89% |
| Apr 30, 2024 | 88.00% |
| Jan 31, 2024 | -93.27% |
| Oct 31, 2023 | -175.64% |
| Jul 31, 2023 | 89.17% |
| Apr 30, 2023 | 70.49% |
| Jan 31, 2023 | 591.43% |
| Oct 31, 2022 | -12.79% |
| Jul 31, 2022 | -38.46% |
| Apr 30, 2022 | 65.87% |
| Jan 31, 2022 | 95.66% |
| Oct 31, 2021 | -129.79% |
| Jul 31, 2021 | -255.26% |
| Apr 30, 2021 | 29.73% |