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
DateValue
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