Rent the Runway, Inc. reported earnings results for the third quarter and nine months ended October 31, 2025. For the third quarter, the company reported revenue was USD 87.6 million compared to USD 75.9 million a year ago. Net income was USD 76.5 million compared to net loss of USD 18.9 million a year ago. Basic earnings per share from continuing operations was USD 13.69. Diluted earnings per share from continuing operations was USD 13.65.
For the nine months, revenue was USD 238.1 million compared to USD 229.8 million a year ago. Net income was USD 24 million compared to net loss of USD 56.5 million a year ago. Basic earnings per share from continuing operations was USD 5.14. Diluted earnings per share from continuing operations was USD 5.1.
Rent the Runway, Inc. is engaged in providing shared designer closet platform. Through the Company, customers can subscribe, rent items a-la-carte and shop resale from hundreds of designer brands. It gives customers access to its unlimited closet through its subscription offering (Subscription) or the ability to rent a-la-carte through its reserve offering (Reserve). It also gives its subscribers and customers the ability to buy its products through its Resale offering. Its Closet in the Cloud offers a wide assortment of items for every occasion, from evening wear and accessories to ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear and ski wear. It has built a two-sided discovery engine, which connects engaged customers and differentiated brand partners on a platform built around its brand, data, logistics and technology. Through its platform, the Company has helped approximately three million lifetime customers.
