Rent the Runway (RENT) Gross Margin (2020 - 2026)
Rent the Runway (RENT) posted Gross Margin of 134.02% for Q1 2026, up 238.24% on a QoQ basis from 39.62% in Q4 2025, and up 3557.0% year-over-year from 3.66% in Q1 2025.
Rent the Runway (RENT) Gross Margin (2020 - 2026) Analysis & Trends
Rent the Runway's Gross Margin history runs 7 years deep, the most recent figure standing at 134.02% for Q1 2026.
- Quarterly Gross Margin rose 3557.0% year-over-year to 134.02% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 212.7% (up 13454.0% YoY) and the FY2026 annual result came in at 102.05%, down 19285.0% from the prior year.
- Gross Margin was 134.02% for Q1 2026 at Rent the Runway, up from 39.62% in the prior quarter.
- Across five years, Gross Margin topped out at 135.91% in Q1 2022 and bottomed at 195.95% in Q2 2023.
- A 5-year average of 11.93% and a median of 39.62% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin soared 34350 bps — and 2023, when it tumbled 28044 bps.
- Rent the Runway's Gross Margin stood at 169.77% in 2022, then jumped by 105 bps to 8.97% in 2023, then plunged by 1470 bps to 122.92% in 2024, then surged by 132 bps to 39.62% in 2025, then soared by 238 bps to 134.02% in 2026.
- Business Quant data shows RENT's Gross Margin at 134.02% in Q1 2026, 39.62% in Q4 2025, and 92.31% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 169.48 Bn | 163.90 Bn | 4.48 Bn | 31.28% |
| 2 | Ross Stores | 74.91 Bn | 70.31 Bn | 1.80 Bn | 27.19% |
| 3 | Burlington Stores | 21.30 Bn | 20.55 Bn | 1.26 Bn | 44.09% |
| 4 | Lululemon Athletica | 12.32 Bn | 10.51 Bn | 2.00 Bn | 54.87% |
| 5 | Gap | 6.81 Bn | 4.25 Bn | 1.42 Bn | 40.52% |
| 6 | Victoria's Secret | 6.71 Bn | 6.55 Bn | 585.00 Mn | 37.50% |
| 7 | Urban Outfitters | 5.96 Bn | 5.55 Bn | 542.57 Mn | 36.63% |
| 8 | Boot Barn Holdings | 4.50 Bn | 4.30 Bn | 281.24 Mn | 39.86% |
| 9 | Abercrombie & Fitch | 4.04 Bn | 3.43 Bn | 682.63 Mn | 61.29% |
| 10 | Rent the Runway | 36.36 Mn | 36.36 Mn | -260.40 Mn | 134.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 134.02% |
| Oct 31, 2025 | 39.62% |
| Jul 31, 2025 | -92.31% |
| Apr 30, 2025 | 70.69% |
| Jan 31, 2025 | 98.45% |
| Oct 31, 2024 | -122.92% |
| Jul 31, 2024 | -98.08% |
| Apr 30, 2024 | -131.46% |
| Jan 31, 2024 | 81.65% |
| Oct 31, 2023 | 8.97% |
| Jul 31, 2023 | -192.21% |
| Apr 30, 2023 | -195.95% |
| Jan 31, 2023 | 76.49% |
| Oct 31, 2022 | -169.77% |
| Jul 31, 2022 | 88.24% |
| Apr 30, 2022 | 65.87% |
| Jan 31, 2022 | 135.91% |
| Oct 31, 2021 | -308.51% |
| Jul 31, 2021 | -255.26% |
| Apr 30, 2021 | -137.84% |