Rent the Runway (RENT) Operating Expenses (2020 - 2026)
Rent the Runway (RENT) posted Operating Expenses of $93.2 million for Q1 2026, down 10.21% on a QoQ basis from $103.8 million in Q4 2025, and up 10.82% year-over-year from $84.1 million in Q1 2025.
Rent the Runway (RENT) Operating Expenses (2020 - 2026) Analysis & Trends
Rent the Runway's Operating Expenses history runs 7 years deep, the most recent figure standing at $93.2 million for 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 was $93.2 million for Q1 2026 at Rent the Runway, down from $103.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $104.4 million in Q4 2022 and bottomed at $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 dropped 11.57%.
- Rent the Runway's Operating Expenses stood at $104.4 million in 2022, then fell by 9.58% to $94.4 million in 2023, then retreated by 5.08% to $89.6 million in 2024, then climbed by 15.85% to $103.8 million in 2025, then declined by 10.21% to $93.2 million in 2026.
- Business Quant data shows RENT's Operating Expenses at $93.2 million in Q1 2026, $103.8 million in Q4 2025, and $101.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 169.48 Bn | 163.90 Bn | 4.48 Bn | 2.79 Bn |
| 2 | Ross Stores | 74.91 Bn | 70.31 Bn | 1.80 Bn | 990.10 Mn |
| 3 | Burlington Stores | 21.30 Bn | 20.55 Bn | 1.26 Bn | 2.71 Bn |
| 4 | Lululemon Athletica | 12.32 Bn | 10.51 Bn | 2.00 Bn | 1.18 Bn |
| 5 | Gap | 6.81 Bn | 4.25 Bn | 1.42 Bn | 972.00 Mn |
| 6 | Victoria's Secret | 6.71 Bn | 6.55 Bn | 585.00 Mn | 403.00 Mn |
| 7 | Urban Outfitters | 5.96 Bn | 5.55 Bn | 542.57 Mn | 402.89 Mn |
| 8 | Boot Barn Holdings | 4.50 Bn | 4.30 Bn | 281.24 Mn | 295.14 Mn |
| 9 | Abercrombie & Fitch | 4.04 Bn | 3.43 Bn | 682.63 Mn | 182.75 Mn |
| 10 | Rent the Runway | 36.36 Mn | 36.36 Mn | -260.40 Mn | 93.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Apr 30, 2021 | 61.80 Mn |