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

Rent the Runway (RENT) reported Operating Margin of 10.79% for Q1 2026, up 5446.0% on a YoY basis from 0.19% in Q1 2025, and up 41.65% quarter-over-quarter from 18.49% in Q4 2025.

Rent the Runway (RENT) Operating Margin (2020 - 2026) Analysis & Trends

Rent the Runway has reported Operating Margin for 7 years, with the latest figure at 10.79% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin rose 5446.0% year-over-year to 10.79%; the trailing twelve-month figure through Jan 2026 stood at 31.46% (down 436.0% YoY), and the FY2026 full-year result was 131.28%, down 1457.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 10.79%, up from 18.49% in the prior quarter.
  • The five-year high for Operating Margin was 10.79% in Q1 2026, with the low at 393.85% in Q3 2022.
  • Historically, Operating Margin has averaged 118.64% across 5 years, with a median of 49.48% in 2022.
  • Annual changes were most pronounced in 2022 — Operating Margin surged 71539 bps — and 2023, when it tumbled 23864 bps.
  • Rent the Runway's Operating Margin stood at 313.95% in 2022, then increased by 11 bps to 280.77% in 2023, then surged by 49 bps to 142.71% in 2024, then jumped by 87 bps to 18.49% in 2025, then jumped by 42 bps to 10.79% in 2026.
  • The last three Operating Margin figures came in at 10.79% (Q1 2026), 18.49% (Q4 2025), and 171.79% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Tjx Companies 177.75 Bn 172.17 Bn 4.48 Bn 11.77%
2 Ross Stores 74.23 Bn 69.64 Bn 1.80 Bn 12.27%
3 Burlington Stores 19.90 Bn 19.15 Bn 1.26 Bn 17.08%
4 Lululemon Athletica 13.59 Bn 11.78 Bn 2.00 Bn 22.31%
5 Gap 7.91 Bn 5.35 Bn 1.42 Bn 12.73%
6 Urban Outfitters 6.43 Bn 5.73 Bn 599.20 Mn -17.85%
7 Boot Barn Holdings 5.12 Bn 4.92 Bn 281.24 Mn 16.27%
8 Victoria's Secret 4.37 Bn 3.90 Bn 855.00 Mn 10.09%
9 Abercrombie & Fitch 3.57 Bn 2.80 Bn 1.10 Bn 14.13%
10 Rent the Runway 39.83 Mn 39.83 Mn 53.80 Mn -10.79%

Historic Data

Download Data
DateValue
Jan 31, 2026 -10.79%
Oct 31, 2025 -18.49%
Jul 31, 2025 -171.79%
Apr 30, 2025 -28.30%
Jan 31, 2025 -65.25%
Oct 31, 2024 -142.71%
Jul 31, 2024 -12.17%
Apr 30, 2024 -22.00%
Jan 31, 2024 -185.58%
Oct 31, 2023 -280.77%
Jul 31, 2023 -23.12%
Apr 30, 2023 -28.71%
Jan 31, 2023 -254.29%
Oct 31, 2022 -313.95%
Jul 31, 2022 -393.85%
Apr 30, 2022 -49.48%
Jan 31, 2022 -15.65%
Oct 31, 2021 -940.43%
Jul 31, 2021 -618.42%
Apr 30, 2021 -764.86%