Rent the Runway (RENT) Operating Margin (2020 - 2026)
Rent the Runway (RENT) posted Operating Margin of -7.98% for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 16.86 percentage points from -24.85% a year earlier and up 13.93 percentage points from the prior quarter.
Rent the Runway (RENT) Operating Margin (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Operating Margin at Rent the Runway was -12.32%, up 7.89 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it was -17.43%, down 1.92 percentage points from FY2025.
- Annual Operating Margin shows a five-year change of +65.42 percentage points (FY2021 to FY2026).
- In prior fiscal years, Rent the Runway's Operating Margin was -15.51% in FY2025 (+11.31 pp), -26.83% in FY2024 (+8.13 pp), -34.95% in FY2023 (+26.98 pp) and -61.93% in FY2022 (+20.93 pp).
- Quarterly Operating Margin has run from a low of -74.92% in fiscal Q3 2022 to a high of -1.64% in fiscal Q4 2026 over five years.
- On a year-over-year basis, Operating Margin has increased in each of the last three quarters, with an average year-over-year change of +4.98 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Operating Margin in the past five years was fiscal Q4 2022, with a gain of 42.31 percentage points; the weakest was fiscal Q2 2026, with a drop of 12.68 percentage points.
- According to Business Quant data, Operating Margin for the three prior fiscal quarters was -21.91% (Q1 2027), -1.64% (Q4 2026) and -18.49% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn | 13.69% |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn | 14.29% |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn | 13.09% |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn | 13.67% |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn | 17.62% |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn | 9.65% |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn | 20.15% |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn | 9.22% |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn | 19.08% |
| 10 | Rent the Runway | 55.73 Mn | 55.73 Mn | 74.20 Mn | -7.98% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -7.98% |
| Apr 30, 2026 | -21.91% |
| Jan 31, 2026 | -1.64% |
| Oct 31, 2025 | -18.49% |
| Jul 31, 2025 | -24.85% |
| Apr 30, 2025 | -28.30% |
| Jan 31, 2025 | -10.08% |
| Oct 31, 2024 | -18.05% |
| Jul 31, 2024 | -12.17% |
| Apr 30, 2024 | -22.00% |
| Jan 31, 2024 | -25.46% |
| Oct 31, 2023 | -30.21% |
| Jul 31, 2023 | -23.12% |
| Apr 30, 2023 | -28.71% |
| Jan 31, 2023 | -23.61% |
| Oct 31, 2022 | -34.88% |
| Jul 31, 2022 | -33.46% |
| Apr 30, 2022 | -49.48% |
| Jan 31, 2022 | -46.65% |
| Oct 31, 2021 | -74.92% |
Rent the Runway Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=RENT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "RENT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=RENT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();