Rent the Runway (RENT) Operating Expenses (2020 - 2026)
Rent the Runway's (RENT) quarterly Operating Expenses came in at $93.2 million in Q1 2026, up 10.82% YoY from $84.1 million in Q1 2025, and down 10.21% on a QoQ basis from $103.8 million in Q4 2025.
Rent the Runway (RENT) Operating Expenses (2020 - 2026) Analysis & Trends
Rent the Runway (RENT) has 7 years of Operating Expenses data on file, last reported at $93.2 million in Q1 2026.
- Quarterly Operating Expenses rose 10.82% year-over-year to $93.2 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $387.3 million (up 9.5% YoY) and the FY2026 annual result came in at $387.3 million, up 9.5% from the prior year.
- Operating Expenses fell to $93.2 million in Q1 2026, from $103.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $104.4 million in Q4 2022 to a low of $84.1 million in Q1 2025.
- A 5-year average of $94.9 million and a median of $94.0 million in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 62.3% — and 2025, when it retreated 11.57%.
- Tracing RENT's Operating Expenses over 5 years: stood at $104.4 million in 2022, then dropped by 9.58% to $94.4 million in 2023, then declined by 5.08% to $89.6 million in 2024, then gained by 15.85% to $103.8 million in 2025, then slipped by 10.21% to $93.2 million in 2026.
- The last three Operating Expenses figures came in at $93.2 million (Q1 2026), $103.8 million (Q4 2025), and $101.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 155.77 Bn | 150.19 Bn | 4.48 Bn | 2.79 Bn |
| 2 | Ross Stores | 76.66 Bn | 72.53 Bn | 1.78 Bn | 975.86 Mn |
| 3 | Burlington Stores | 20.63 Bn | 19.88 Bn | 1.26 Bn | 2.71 Bn |
| 4 | Lululemon Athletica | 13.97 Bn | 12.46 Bn | 1.34 Bn | 1.06 Bn |
| 5 | Gap | 7.35 Bn | 4.79 Bn | 1.42 Bn | 972.00 Mn |
| 6 | Victoria's Secret | 6.95 Bn | 6.74 Bn | 585.00 Mn | 509.00 Mn |
| 7 | Urban Outfitters | 6.56 Bn | 6.14 Bn | 542.57 Mn | 402.89 Mn |
| 8 | Boot Barn Holdings | 5.03 Bn | 4.89 Bn | - | - |
| 9 | Abercrombie & Fitch | 4.85 Bn | 4.23 Bn | 682.63 Mn | 182.75 Mn |
| 10 | Rent the Runway | 129.35 Mn | 129.35 Mn | 66.30 Mn | 109.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 109.60 Mn |
| Jan 31, 2026 | 93.20 Mn |
| Oct 31, 2025 | 103.80 Mn |
| Jul 31, 2025 | 101.00 Mn |
| Apr 30, 2025 | 89.30 Mn |
| Jan 31, 2025 | 84.10 Mn |
| Oct 31, 2024 | 89.60 Mn |
| Jul 31, 2024 | 88.50 Mn |
| Apr 30, 2024 | 91.50 Mn |
| Jan 31, 2024 | 95.10 Mn |
| Oct 31, 2023 | 94.40 Mn |
| Jul 31, 2023 | 93.20 Mn |
| Apr 30, 2023 | 95.50 Mn |
| Jan 31, 2023 | 93.20 Mn |
| Oct 31, 2022 | 104.40 Mn |
| Jul 31, 2022 | 102.10 Mn |
| Apr 30, 2022 | 100.30 Mn |
| Jan 31, 2022 | 94.00 Mn |
| Oct 31, 2021 | 103.20 Mn |
| Jul 31, 2021 | 70.20 Mn |