Rent the Runway (RENT) Operating Expenses (2020 - 2026)

Rent the Runway has reported Operating Expenses for 7 years, with the latest figure at $93.2 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 10.82% year-over-year to $93.2 million; the trailing twelve-month figure through Jan 2026 stood at $387.3 million (up 9.5% YoY), and the FY2026 full-year result was $387.3 million, up 9.5% from the prior year.
• Operating Expenses for Q1 2026 stood at $93.2 million, down from $103.8 million in the prior quarter.
• The five-year high for Operating Expenses was $104.4 million in Q4 2022, with the low at $84.1 million in Q1 2025.
• Historically, Operating Expenses has averaged $94.9 million across 5 years, with a median of $94.0 million in 2022.
• Annual changes were most pronounced in 2022 — Operating Expenses jumped 62.3% — and 2025, when it retreated 11.57%.
• Rent the Runway's Operating Expenses 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.