Rent the Runway (RENT)
Market Price (7/12/2026): $3.34 | Market Cap: $111.6 MilSector: Consumer Discretionary | Industry: Apparel Retail
Rent the Runway (RENT)
Market Price (7/12/2026): $3.34Market Cap: $111.6 MilSector: Consumer DiscretionaryIndustry: Apparel Retail
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 27%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 22% Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 16% Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -60% Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, Sustainable Consumption, and Experience Economy & Premiumization. Themes include Online Marketplaces, Show more. | Weak multi-year price returns2Y Excs Rtn is -111%, 3Y Excs Rtn is -161% Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 12.53 | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -58 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -16% Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 143% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -2.5%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -24% Key risksRENT key risks include [1] a history of significant losses and debt that challenge the business model's fundamental profitability, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 27%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 22% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 16% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -60% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, Sustainable Consumption, and Experience Economy & Premiumization. Themes include Online Marketplaces, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -111%, 3Y Excs Rtn is -161% |
| Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 12.53 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -58 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -16% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 143% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -2.5%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -24% |
| Key risksRENT key risks include [1] a history of significant losses and debt that challenge the business model's fundamental profitability, Show more. |
Qualitative Assessment
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Rent the Runway (RENT) stock has lost about 30% since 3/31/2026 because of the following key factors:
1. Weak Fiscal Year 2026 Guidance and Negative Free Cash Flow Following Q4 Fiscal Year 2025 Results. Rent the Runway's stock experienced a significant drop after reporting its Q4 Fiscal Year 2025 (FY25) results on April 14, 2026, which covered the quarter ended January 31, 2026. Despite achieving a record quarterly revenue of $91.7 million, up 20% year-over-year, and returning to net income for the full fiscal year (including a significant gain on debt restructuring), the company's outlook for Fiscal Year 2026 (FY26) was a major concern. Rent the Runway guided for FY26 rental product acquired to be between $45 million and $50 million, a substantial cut from $74.9 million in FY25. Additionally, the Adjusted EBITDA margin was projected to be between 4% and 7%, lower than the previous year. Critically, the company reported negative free cash flow of $46 million for FY25, a significant increase from negative $7.2 million in FY24, attributed to accelerated inventory investment. The stock declined 9.8% in the session following this earnings release.
2. Persistent Decline in Gross Margins and Continued Cash Burn in Q1 Fiscal Year 2026. The stock continued its downward trend following the release of Q1 Fiscal Year 2026 (FY26) results on June 3, 2026, for the quarter ended April 30, 2026. While Rent the Runway again exceeded revenue guidance, reporting $89.9 million (up 29.2% year-over-year), investor apprehension was fueled by a notable decline in gross margin to 25.9% from 31.5% in Q1 FY25. This indicated ongoing profitability challenges. Furthermore, the company's free cash flow remained negative at $13.6 million, a worsening from negative $6.4 million in Q1 FY25, primarily due to increased cash used in working capital and higher cash interest expense. Cash and cash equivalents also decreased to $37.1 million from $70.4 million year-over-year, raising concerns about liquidity despite the revenue growth.
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Rent the Runway (RENT) stock has lost about 30% since 3/31/2026 because of the following key factors:
1. Weak Fiscal Year 2026 Guidance and Negative Free Cash Flow Following Q4 Fiscal Year 2025 Results. Rent the Runway's stock experienced a significant drop after reporting its Q4 Fiscal Year 2025 (FY25) results on April 14, 2026, which covered the quarter ended January 31, 2026. Despite achieving a record quarterly revenue of $91.7 million, up 20% year-over-year, and returning to net income for the full fiscal year (including a significant gain on debt restructuring), the company's outlook for Fiscal Year 2026 (FY26) was a major concern. Rent the Runway guided for FY26 rental product acquired to be between $45 million and $50 million, a substantial cut from $74.9 million in FY25. Additionally, the Adjusted EBITDA margin was projected to be between 4% and 7%, lower than the previous year. Critically, the company reported negative free cash flow of $46 million for FY25, a significant increase from negative $7.2 million in FY24, attributed to accelerated inventory investment. The stock declined 9.8% in the session following this earnings release.
2. Persistent Decline in Gross Margins and Continued Cash Burn in Q1 Fiscal Year 2026. The stock continued its downward trend following the release of Q1 Fiscal Year 2026 (FY26) results on June 3, 2026, for the quarter ended April 30, 2026. While Rent the Runway again exceeded revenue guidance, reporting $89.9 million (up 29.2% year-over-year), investor apprehension was fueled by a notable decline in gross margin to 25.9% from 31.5% in Q1 FY25. This indicated ongoing profitability challenges. Furthermore, the company's free cash flow remained negative at $13.6 million, a worsening from negative $6.4 million in Q1 FY25, primarily due to increased cash used in working capital and higher cash interest expense. Cash and cash equivalents also decreased to $37.1 million from $70.4 million year-over-year, raising concerns about liquidity despite the revenue growth.
3. Unexpected CEO Transition Added to Uncertainty. Further contributing to investor uncertainty, Rent the Runway announced on May 13, 2026, that co-founder Jennifer Hyman would be stepping down as CEO. Teri Bariquit was appointed Interim CEO and President, effective June 3, 2026. This significant leadership change, occurring shortly before the Q1 FY26 earnings report, likely introduced additional apprehension among investors regarding the company's future strategic direction and stability.
4. Negative Analyst Sentiment. Throughout the period, analyst sentiment remained largely negative, reinforcing the bearish trend. As of June 5, 2026, at least one Wall Street analyst maintained a "Sell" rating on Rent the Runway. Furthermore, a "Strong Sell" assessment was issued by Intellectia AI on June 3, 2026, based on technical signals indicating a downtrend, with a forecast for June 2026 averaging $5.01 and fluctuating between $3.73 and $6.47. This prevailing negative outlook from analysts likely contributed to sustained selling pressure on the stock.
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Stock Movement Drivers
Fundamental Drivers
The -29.9% change in RENT stock from 3/31/2026 to 7/10/2026 was primarily driven by a -83.3% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 3312026 | 7102026 | Change |
|---|---|---|---|
| Stock Price ($) | 4.78 | 3.35 | -29.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 314 | 350 | 11.3% |
| Net Income Margin (%) | 3.4% | 8.5% | 152.5% |
| P/E Multiple | 2.5 | 3.8 | 49.2% |
| Shares Outstanding (Mil) | 6 | 33 | -83.3% |
| Cumulative Contribution | -29.9% |
Market Drivers
3/31/2026 to 7/10/2026| Return | Correlation | |
|---|---|---|
| RENT | -29.9% | |
| Market (SPY) | 16.1% | 21.4% |
| Sector (XLY) | 7.6% | 29.5% |
Fundamental Drivers
The -57.6% change in RENT stock from 12/31/2025 to 7/10/2026 was primarily driven by a -83.3% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 12312025 | 7102026 | Change |
|---|---|---|---|
| Stock Price ($) | 7.91 | 3.35 | -57.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 314 | 350 | 11.3% |
| Net Income Margin (%) | 3.4% | 8.5% | 152.5% |
| P/E Multiple | 4.2 | 3.8 | -9.9% |
| Shares Outstanding (Mil) | 6 | 33 | -83.3% |
| Cumulative Contribution | -57.6% |
Market Drivers
12/31/2025 to 7/10/2026| Return | Correlation | |
|---|---|---|
| RENT | -57.6% | |
| Market (SPY) | 11.0% | 35.7% |
| Sector (XLY) | -1.6% | 39.4% |
Fundamental Drivers
The -27.0% change in RENT stock from 6/30/2025 to 7/10/2026 was primarily driven by a -87.5% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 6302025 | 7102026 | Change |
|---|---|---|---|
| Stock Price ($) | 4.59 | 3.35 | -27.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 301 | 350 | 16.4% |
| P/S Multiple | 0.1 | 0.3 | 403.2% |
| Shares Outstanding (Mil) | 4 | 33 | -87.5% |
| Cumulative Contribution | -27.0% |
Market Drivers
6/30/2025 to 7/10/2026| Return | Correlation | |
|---|---|---|
| RENT | -27.0% | |
| Market (SPY) | 23.2% | 23.4% |
| Sector (XLY) | 8.5% | 30.3% |
Fundamental Drivers
The -90.6% change in RENT stock from 6/30/2023 to 7/10/2026 was primarily driven by a -89.0% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 6302023 | 7102026 | Change |
|---|---|---|---|
| Stock Price ($) | 35.54 | 3.35 | -90.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 304 | 350 | 15.4% |
| P/S Multiple | 0.4 | 0.3 | -25.6% |
| Shares Outstanding (Mil) | 4 | 33 | -89.0% |
| Cumulative Contribution | -90.6% |
Market Drivers
6/30/2023 to 7/10/2026| Return | Correlation | |
|---|---|---|
| RENT | -90.6% | |
| Market (SPY) | 76.3% | 21.4% |
| Sector (XLY) | 41.2% | 23.2% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| RENT Return | -58% | -63% | -83% | -19% | 4% | -58% | -99% |
| Peers Return | -10% | -68% | 34% | 116% | 91% | -19% | 28% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 10% | 101% |
Monthly Win Rates [3] | |||||||
| RENT Win Rate | 0% | 42% | 17% | 33% | 42% | 14% | |
| Peers Win Rate | 48% | 23% | 52% | 48% | 63% | 34% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 57% | |
Max Drawdowns [4] | |||||||
| RENT Max Drawdown | - | -86% | -90% | -78% | -59% | -67% | |
| Peers Max Drawdown | -55% | -76% | -47% | -49% | -46% | -44% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: URBN, RVLV, REAL, TDUP, SFIX.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/10/2026 (YTD)
How Low Can It Go
| Event | RENT | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -45.0% | -18.8% |
| % Gain to Breakeven | 81.7% | 23.1% |
| Time to Breakeven | 46 days | 79 days |
In The Past
Rent the Runway's stock fell -45.0% during the 2025 US Tariff Shock. Such a loss loss requires a 81.7% gain to breakeven.
Preserve Wealth
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Asset Allocation
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| Event | RENT | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -45.0% | -18.8% |
| % Gain to Breakeven | 81.7% | 23.1% |
| Time to Breakeven | 46 days | 79 days |
In The Past
Rent the Runway's stock fell -45.0% during the 2025 US Tariff Shock. Such a loss loss requires a 81.7% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Rent the Runway (RENT)
Rent the Runway, Inc. (symbol: RENT) is a leading innovator in the fashion industry, primarily operating a designer wear rental service for women. The company's fundamental business model allows customers to access a wide array of high-end fashion and accessories for temporary use rather than purchase, available through both its online retail platform and physical store locations. This approach provides a sustainable and cost-effective way for consumers to experience luxury fashion.
The company offers an extensive and diverse product catalog designed to meet various needs and occasions. Its inventory includes ready-to-wear, workwear, denim, casual attire, maternity clothing, outerwear, blouses, knitwear, loungewear, activewear, ski wear, and evening wear. Beyond apparel, Rent the Runway also provides accessories such as jewelry and handbags, along with select home goods and kids wear, positioning itself as a comprehensive source for temporary designer item rentals.
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Analogies for Rent the Runway (RENT):
- Netflix for designer fashion
- Spotify for your wardrobe
- Zipcar for high-end clothing
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- Designer Item Rental: Rent the Runway provides a rental service offering a diverse collection of designer items, primarily focusing on women's apparel and accessories, alongside selections for kids and home goods.
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Rent the Runway (RENT) primarily sells its services directly to individual consumers rather than other companies. Its major customer categories can be described as follows:
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Everyday & Workwear Subscribers
This category includes fashion-conscious individuals who subscribe to Rent the Runway's services to access a rotating wardrobe of designer clothing for daily wear, professional settings, and casual outings. These customers value variety, sustainability, and the ability to wear high-end fashion without the commitment or cost of purchasing items outright.
-
Special Occasion Dressers
Customers in this category rent specific designer outfits for unique events such as weddings, galas, parties, proms, and other formal or semi-formal gatherings. They are looking for show-stopping, high-fashion looks for a one-time wear, often to avoid the expense of buying an elaborate gown or outfit that might only be worn once.
-
Lifestyle & Seasonal Renters
This group comprises individuals with specific, often temporary, clothing needs. Examples include pregnant women needing maternity wear, travelers seeking ski wear for a winter trip, or those wanting activewear for a particular fitness goal. These customers prefer renting for its convenience, cost-effectiveness, and the ability to access specialized items for a limited period without permanent ownership.
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Jennifer Hyman, Chief Executive Officer
Jennifer Hyman is the co-founder and Chief Executive Officer of Rent the Runway, which she co-founded in 2009. Prior to establishing Rent the Runway, she managed an online advertising sales team at weddingchannel.com, worked as an in-house entrepreneur at Starwood Hotels where she developed the hotel's inaugural wedding business, and served as the Director of Business Development for IMG's fashion division. She notably led the company through its initial public offering.
Sid Thacker, Chief Financial Officer
Sid Thacker was appointed Chief Financial Officer of Rent the Runway in May 2023, after serving as the company's Senior Vice President, FP&A from July 2022 to May 2023. Before joining Rent the Runway, Mr. Thacker was an Investment Partner at Coalition Investment Partners, an alternative asset manager, from January 2020 to March 2022. He also founded, and served as CEO and CIO of Signpost Capital Advisors, an investment advisory firm, from August 2011 to December 2017, and was CEO of SAR Capital Advisors, LP, another investment advisory firm, from June 2018 to January 2020.
Drew Rau, Chief Supply Chain Officer
Drew Rau has served as Rent the Runway's Chief Supply Chain Officer since September 2023. He joined the company in November 2021 as VP, Capacity Management and Planning, Transportation, and Loss Prevention, and was SVP, Supply Chain and Inventory from January 2023 to August 2023. Before his tenure at Rent the Runway, Mr. Rau was VP Global Supply Chain at Overstock.com and VP of Operations at Bowery Farming, an indoor agriculture startup. He also held several increasingly senior roles at Amazon, including Director of Fulfillment, from November 2014 to February 2019.
Cara Schembri, Chief Legal & Administrative Officer
Cara Schembri has held the position of Chief Legal & Administrative Officer at Rent the Runway since December 2023, having previously served as General Counsel and Corporate Secretary since December 2019. She also acted as Interim Chief People Officer from March to September 2020. Her prior professional experience includes roles at Etsy, Inc. and Avon Products, Inc.
Sarah Tam, Chief Merchant Officer
Sarah Tam has been Rent the Runway's Chief Merchant Officer since August 2017, and prior to that, she was the Senior Vice President of Merchandising and Planning from February 2015 to August 2017. Before joining Rent the Runway, Ms. Tam spent 19 years at Saks Fifth Avenue, where her most recent role was Vice President DMM, leading the Women's Designer RTW, Bridal & Evening categories, and overseeing the merchandising strategy for both e-commerce and nationwide stores.
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The key risks to Rent the Runway (RENT) include:
- Fragility of Path to Sustained Profitability: Rent the Runway has historically faced challenges in achieving consistent profitability and has reported persistent net losses and cash consumption. While the company is working towards profitability, its path is considered fragile, and there is a risk that even if profits are attained, they may not be sustainable. Economic downturns or waning consumer interest could quickly erode any hard-won profits and lead the company back into losses.
- High Operational Costs and Complexity in Inventory Management: The core of Rent the Runway's business model, particularly its reverse logistics, involves significant and complex operational costs. This includes high expenses for delivery, maintenance, and cleaning, as the company operates a sophisticated system for getting items back, inspecting, cleaning, repairing, and re-circulating them. Rising logistics and labor costs further pressure the company's operating margins.
- Intense Competition and Market Saturation: Rent the Runway operates in a highly fragmented and competitive fashion rental market. It faces competition from direct rental rivals, traditional retailers, and resale platforms. Concerns exist regarding flat subscriber growth and the potential saturation of Rent the Runway's addressable market, which could limit long-term growth prospects.
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The rapid expansion and increasing consumer adoption of online luxury resale platforms, such as The RealReal, Vestiaire Collective, and Poshmark, present a clear emerging threat. These platforms offer consumers access to designer clothing and accessories at significantly reduced prices compared to retail, providing a strong alternative to renting by allowing for ownership and the potential to resell items later. This directly competes with Rent the Runway's value proposition of affordable access to luxury fashion.
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The addressable market for Rent the Runway's main products and services primarily encompasses the online clothing rental market.
The global online clothing rental market was valued at approximately USD 1.61 billion in 2025 and is projected to exceed USD 3.88 billion by 2035, growing at a Compound Annual Growth Rate (CAGR) of 9.2% during the period of 2026-2035. Another estimate indicates the global online clothing rental market was valued at USD 1.32 billion in 2024 and is expected to grow to USD 2.75 billion by 2033, with a CAGR of 8.50% from 2025 to 2033. Similarly, the global online clothing rental market is estimated to be valued at USD 2.8 billion in 2026, with projections to reach over USD 7.0 billion by 2036, growing at a CAGR of 9.6%.
For the United States, a significant region for Rent the Runway, the online clothing rental market is projected to grow from USD 1.0 billion in 2025 to USD 2.3 billion by 2035. North America, which includes the U.S., held a leading market share of 44.6% in the global online clothing rental market in 2024.
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Rent the Runway (RENT) is expected to drive future revenue growth over the next 2-3 years through several key initiatives:
- Subscriber Growth and Expanding Customer Base: The company anticipates achieving double-digit growth in active subscribers by the end of fiscal year 2025. This expansion of its customer base is seen as a primary driver for its overall revenue trajectory.
- Strategic Investment in Inventory: Rent the Runway plans its "biggest inventory acquisition in RTR history" to enhance customer satisfaction and engagement, directly contributing to increased rentals and sustained growth. This significant investment is projected to involve approximately $70-75 million in rental product acquisition for the full fiscal year 2025.
- Digital Innovation, Enhanced Customer Experience, and Marketing: The company is focused on bolstering marketing efforts and innovating digitally to improve customer conversion and loyalty. This includes investments in AI-powered search, personalized content, and new customer features like 60-day risk-free trials, back-in-stock notifications, and stylist consultations via text or Zoom.
- Growth of the Resale Business: Rent the Runway has seen strong demand and significant year-over-year increases in its resale business, contributing to incremental cash flow and customer loyalty. This "other" revenue stream, beyond traditional rentals and subscriptions, is expected to continue its growth trajectory.
- Optimization of Subscription Offerings and Pricing Strategies: New subscription plans, such as a one-shipment option for $119/month, and adjustments to pricing strategies are being implemented to attract new subscribers and cater to a broader range of customer needs, thereby supporting overall revenue expansion.
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Share Issuance
- In October 2025, Rent the Runway commenced a $12.5 million rights offering, allowing existing shareholders to purchase additional Class A common stock at $4.08 per share, which was fully backstopped by Aranda Principal Strategies (APS), STORY3 Capital Partners, and Nexus Capital Management.
- As part of a significant recapitalization in August 2025, Aranda Principal Strategies converted approximately $230 million of its existing debt into common equity, resulting in an effective conversion price of $9.23 per share.
- Shareholders approved amendments to the company's 2021 Incentive Award Plan in October 2025, increasing the number of Class A common shares reserved for issuance by an amount equal to 18.3% of the outstanding Class A shares.
Inbound Investments
- In a growth recapitalization transaction that closed in October 2025, an investor group comprising Aranda Principal Strategies, STORY3 Capital Partners, and Nexus Capital Management contributed $20 million in new cash to Rent the Runway's balance sheet.
- This recapitalization also involved the conversion of approximately $230-243 million of debt held by Aranda Principal Strategies into common equity, which, along with new capital, reduced the company's outstanding debt to $120 million and extended its maturity to 2029.
Capital Expenditures
- Rent the Runway planned to invest $70 million to $75 million in rental product acquisition for the full fiscal year 2025.
- The company is actively doubling its new inventory in fiscal year 2025 and adding over 80 new brands to enhance customer engagement and retention.
- Rent the Runway is shifting towards an "asset-light" inventory model, utilizing revenue-sharing agreements with brand partners to reduce upfront capital expenditures for inventory acquisition.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Rent the Runway Earnings Notes | 12/16/2025 | |
| null | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 8.60 |
| Mkt Cap | 1.1 |
| Rev LTM | 997 |
| Op Inc LTM | -18 |
| FCF LTM | 16 |
| FCF 3Y Avg | 7 |
| CFO LTM | 43 |
| CFO 3Y Avg | 20 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 13.8% |
| Rev Chg 3Y Avg | 5.2% |
| Rev Chg Q | 15.1% |
| QoQ Delta Rev Chg LTM | 3.6% |
| Op Inc Chg LTM | 32.2% |
| Op Inc Chg 3Y Avg | 41.6% |
| Op Mgn LTM | -2.0% |
| Op Mgn 3Y Avg | -7.2% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 4.0% |
| CFO/Rev 3Y Avg | 2.1% |
| FCF/Rev LTM | 1.7% |
| FCF/Rev 3Y Avg | -0.4% |
Price Behavior
| Market Price | $3.35 | |
| Market Cap ($ Bil) | 0.1 | |
| First Trading Date | 10/27/2021 | |
| Distance from 52W High | -64.3% | |
| 50 Days | 200 Days | |
| DMA Price | $3.76 | $5.22 |
| DMA Trend | down | down |
| Distance from DMA | -10.9% | -35.8% |
| 3M | 1YR | |
| Volatility | 68.3% | 92.8% |
| Downside Capture | 292.85 | 229.50 |
| Upside Capture | -28.33 | 135.91 |
| Correlation (SPY) | 14.1% | 23.2% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.13 | 0.97 | 1.55 | 1.88 | 1.81 | 2.05 |
| Up Beta | 2.15 | 2.45 | 1.92 | 2.24 | 1.56 | 1.66 |
| Down Beta | -0.76 | -1.10 | -1.48 | 0.74 | 1.61 | 1.89 |
| Up Capture | -175% | -23% | 74% | 76% | 215% | 466% |
| Bmk +ve Days | 11 | 24 | 40 | 67 | 140 | 429 |
| Stock +ve Days | 8 | 13 | 25 | 46 | 111 | 317 |
| Down Capture | 66% | 253% | 337% | 237% | 170% | 113% |
| Bmk -ve Days | 10 | 17 | 23 | 58 | 112 | 321 |
| Stock -ve Days | 13 | 25 | 35 | 76 | 134 | 416 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with RENT | |
|---|---|---|---|---|
| RENT | -27.5% | 92.6% | 0.08 | - |
| Sector ETF (XLY) | 7.7% | 18.7% | 0.26 | 30.2% |
| Equity (SPY) | 22.1% | 12.5% | 1.31 | 23.2% |
| Gold (GLD) | 23.5% | 27.8% | 0.75 | 11.9% |
| Commodities (DBC) | 23.6% | 18.7% | 0.99 | -8.1% |
| Real Estate (VNQ) | 13.4% | 13.9% | 0.67 | 21.2% |
| Bitcoin (BTCUSD) | -43.4% | 42.8% | -1.21 | 22.4% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with RENT | |
|---|---|---|---|---|
| RENT | -60.5% | 135.8% | -0.19 | - |
| Sector ETF (XLY) | 6.3% | 23.9% | 0.22 | 29.8% |
| Equity (SPY) | 13.4% | 17.1% | 0.61 | 27.5% |
| Gold (GLD) | 17.8% | 18.3% | 0.79 | 5.5% |
| Commodities (DBC) | 7.3% | 19.5% | 0.27 | 2.9% |
| Real Estate (VNQ) | 2.9% | 18.9% | 0.05 | 21.0% |
| Bitcoin (BTCUSD) | 13.5% | 53.4% | 0.44 | 16.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with RENT | |
|---|---|---|---|---|
| RENT | -37.1% | 135.8% | -0.19 | - |
| Sector ETF (XLY) | 12.9% | 22.1% | 0.53 | 29.8% |
| Equity (SPY) | 15.6% | 17.9% | 0.75 | 27.5% |
| Gold (GLD) | 11.6% | 16.1% | 0.59 | 5.5% |
| Commodities (DBC) | 6.0% | 18.0% | 0.26 | 2.9% |
| Real Estate (VNQ) | 5.1% | 20.7% | 0.21 | 21.0% |
| Bitcoin (BTCUSD) | 58.3% | 66.2% | 0.98 | 16.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 7/8/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 6/3/2026 | -0.3% | -6.7% | -7.3% |
| 4/14/2026 | -9.8% | -14.5% | -23.3% |
| 12/12/2025 | 18.1% | 56.0% | 66.8% |
| 9/11/2025 | -36.4% | -36.1% | -34.9% |
| 6/5/2025 | 27.9% | -14.1% | -23.7% |
| 4/15/2025 | -18.2% | -25.4% | 3.7% |
| 12/9/2024 | -21.8% | -29.5% | -32.4% |
| 9/5/2024 | -27.7% | -33.8% | -38.0% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 5 | 4 | 5 |
| # Negative | 14 | 15 | 14 |
| Median Positive | 27.9% | 61.8% | 66.8% |
| Median Negative | -13.0% | -14.3% | -32.8% |
| Max Positive | 161.9% | 167.6% | 179.4% |
| Max Negative | -38.7% | -41.1% | -59.8% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 6/3/2026 | -0.3% | -6.7% | -7.3% |
| 4/14/2026 | -9.8% | -14.5% | -23.3% |
| 12/12/2025 | 18.1% | 56.0% | 66.8% |
| 9/11/2025 | -36.4% | -36.1% | -34.9% |
| 6/5/2025 | 27.9% | -14.1% | -23.7% |
| 4/15/2025 | -18.2% | -25.4% | 3.7% |
| 12/9/2024 | -21.8% | -29.5% | -32.4% |
| 9/5/2024 | -27.7% | -33.8% | -38.0% |
| 6/6/2024 | -13.4% | -14.3% | -35.9% |
| 4/10/2024 | 161.9% | 67.6% | 83.6% |
| 12/5/2023 | -5.9% | 17.1% | -31.6% |
| 9/8/2023 | -27.9% | -34.0% | -50.0% |
| 6/7/2023 | -12.7% | -14.3% | -33.2% |
| 4/12/2023 | -4.6% | -1.6% | -24.4% |
| 12/7/2022 | 74.3% | 167.6% | 179.4% |
| 9/12/2022 | -38.7% | -41.1% | -59.8% |
| 6/9/2022 | -4.0% | -11.9% | 11.3% |
| 4/13/2022 | 0.0% | -0.7% | -28.8% |
| 12/8/2021 | -4.2% | -13.8% | -42.4% |
| SUMMARY STATS | |||
| # Positive | 5 | 4 | 5 |
| # Negative | 14 | 15 | 14 |
| Median Positive | 27.9% | 61.8% | 66.8% |
| Median Negative | -13.0% | -14.3% | -32.8% |
| Max Positive | 161.9% | 167.6% | 179.4% |
| Max Negative | -38.7% | -41.1% | -59.8% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 04/30/2026 | 06/03/2026 | 10-Q |
| 01/31/2026 | 04/14/2026 | 10-K |
| 10/31/2025 | 12/12/2025 | 10-Q |
| 07/31/2025 | 09/12/2025 | 10-Q |
| 04/30/2025 | 06/06/2025 | 10-Q |
| 01/31/2025 | 04/15/2025 | 10-K |
| 10/31/2024 | 12/09/2024 | 10-Q |
| 07/31/2024 | 09/06/2024 | 10-Q |
| 04/30/2024 | 06/06/2024 | 10-Q |
| 01/31/2024 | 04/11/2024 | 10-K |
| 10/31/2023 | 12/06/2023 | 10-Q |
| 07/31/2023 | 09/08/2023 | 10-Q |
| 04/30/2023 | 06/08/2023 | 10-Q |
| 01/31/2023 | 04/13/2023 | 10-K |
| 10/31/2022 | 12/09/2022 | 10-Q |
| 07/31/2022 | 09/13/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 04/30/2026 | 06/03/2026 | 10-Q |
| 01/31/2026 | 04/14/2026 | 10-K |
| 10/31/2025 | 12/12/2025 | 10-Q |
| 07/31/2025 | 09/12/2025 | 10-Q |
| 04/30/2025 | 06/06/2025 | 10-Q |
| 01/31/2025 | 04/15/2025 | 10-K |
| 10/31/2024 | 12/09/2024 | 10-Q |
| 07/31/2024 | 09/06/2024 | 10-Q |
| 04/30/2024 | 06/06/2024 | 10-Q |
| 01/31/2024 | 04/11/2024 | 10-K |
| 10/31/2023 | 12/06/2023 | 10-Q |
| 07/31/2023 | 09/08/2023 | 10-Q |
| 04/30/2023 | 06/08/2023 | 10-Q |
| 01/31/2023 | 04/13/2023 | 10-K |
| 10/31/2022 | 12/09/2022 | 10-Q |
| 07/31/2022 | 09/13/2022 | 10-Q |
| 04/30/2022 | 06/10/2022 | 10-Q |
| 01/31/2022 | 04/14/2022 | 10-K |
| 10/31/2021 | 12/10/2021 | 10-Q |
| 07/31/2021 | 10/27/2021 | 424B4 |
Recent Forward Guidance
Updated 7/8/2026Latest: Q1 2026 Earnings Reported 6/3/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2026 Revenue | 91.00 Mil | 93.00 Mil | 95.00 Mil | 8.1% | Higher New | Actual: 86.00 Mil for Q1 2026 | |
| Q2 2026 Adjusted EBITDA Margin | 5.0% | 6.5% | 8.0% | 12.5% | Higher New | Actual: -6.0% for Q1 2026 | |
| 2026 Revenue Growth | Affirmed | Guidance: 10.0% for 2026 | |||||
| 2026 Adjusted EBITDA Margin | 4.0% | 5.5% | 7.0% | 0 | Affirmed | Guidance: 5.5% for 2026 | |
| 2026 Rental Product Acquired | 45.00 Mil | 47.50 Mil | 50.00 Mil | 0 | Affirmed | Guidance: 47.50 Mil for 2026 | |
Prior: Q4 2025 Earnings Reported 4/14/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Revenue | 85.00 Mil | 86.00 Mil | 87.00 Mil | 0 | Same New | Actual: 86.00 Mil for Q4 2025 | |
| Q1 2026 Adjusted EBITDA Margin | -7.0% | -6.0% | -5.0% | -18.0% | Lower New | Actual: 12.0% for Q4 2025 | |
| 2026 Revenue Growth | 10.0% | ||||||
| 2026 Adjusted EBITDA Margin | 4.0% | 5.5% | 7.0% | 0.3% | Higher New | Actual: 5.2% for 2025 | |
| 2026 Rental Product Acquired | 45.00 Mil | 47.50 Mil | 50.00 Mil | ||||
Q3 2025 Earnings Reported 12/12/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q4 2025 Revenue | 85.00 Mil | 86.00 Mil | 87.00 Mil | 3.6% | Higher New | Actual: 83.00 Mil for Q3 2025 | |
| Q4 2025 Adjusted EBITDA Margin | 11.0% | 12.0% | 13.0% | 12.0% | Higher New | Actual: 0.0% for Q3 2025 | |
| 2025 Revenue | 323.10 Mil | 324.10 Mil | 325.10 Mil | ||||
| 2025 Adjusted EBITDA Margin | 4.9% | 5.2% | 5.5% | ||||
| 2025 Free Cash Flow | -40.00 Mil | 0.0% | Affirmed | Guidance: -40.00 Mil for 2025 | |||
Insider Activity
Updated 6/3/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Rau, Andrew | Chief Supply Chain Officer | Direct | Sell | 9172025 | 4.89 | 775 | 3,790 | 103,345 | Form |
| 2 | Tam, Sarah K | Chief Merchant Officer | Direct | Sell | 9172025 | 4.89 | 863 | 4,220 | 126,245 | Form |
| 3 | Schembri, Cara | Chief Legal & Admin. Officer | Direct | Sell | 9172025 | 4.89 | 797 | 3,897 | 117,776 | Form |
| 4 | Hyman, Jennifer | Chair, CEO & President | Direct | Sell | 9172025 | 4.89 | 6,128 | 29,966 | 509,005 | Form |
| 5 | Thacker, Siddharth | Chief Financial Officer | Direct | Sell | 9172025 | 4.89 | 1,948 | 9,526 | 192,847 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Rau, Andrew | Chief Supply Chain Officer | Direct | Sell | 9172025 | 4.89 | 775 | 3,790 | 103,345 | Form |
| 2 | Tam, Sarah K | Chief Merchant Officer | Direct | Sell | 9172025 | 4.89 | 863 | 4,220 | 126,245 | Form |
| 3 | Schembri, Cara | Chief Legal & Admin. Officer | Direct | Sell | 9172025 | 4.89 | 797 | 3,897 | 117,776 | Form |
| 4 | Hyman, Jennifer | Chair, CEO & President | Direct | Sell | 9172025 | 4.89 | 6,128 | 29,966 | 509,005 | Form |
| 5 | Thacker, Siddharth | Chief Financial Officer | Direct | Sell | 9172025 | 4.89 | 1,948 | 9,526 | 192,847 | Form |
| 6 | Thacker, Siddharth | Chief Financial Officer | Direct | Sell | 8062025 | 4.51 | 399 | 1,799 | 186,646 | Form |
| 7 | Rau, Andrew | Chief Supply Chain Officer | Direct | Sell | 8062025 | 4.51 | 41 | 185 | 98,810 | Form |
| 8 | Tam, Sarah K | Chief Merchant Officer | Direct | Sell | 8062025 | 4.51 | 331 | 1,493 | 120,327 | Form |
| 9 | Schembri, Cara | Chief Legal & Admin. Officer | Direct | Sell | 8062025 | 4.51 | 262 | 1,182 | 112,218 | Form |
| 10 | Hyman, Jennifer | Chair, CEO & President | Direct | Sell | 8042025 | 4.51 | 4,544 | 20,500 | 497,247 | Form |
| 11 | Rau, Andrew | Chief Supply Chain Officer | Direct | Sell | 6202025 | 4.77 | 803 | 3,830 | 104,701 | Form |
| 12 | Thacker, Siddharth | Chief Financial Officer | Direct | Sell | 6202025 | 4.77 | 2,019 | 9,631 | 199,310 | Form |
| 13 | Schembri, Cara | Chief Legal & Admin. Officer | Direct | Sell | 6202025 | 4.77 | 826 | 3,940 | 119,937 | Form |
| 14 | Hyman, Jennifer | Chair, CEO & President | Direct | Sell | 6202025 | 4.77 | 6,352 | 30,299 | 546,971 | Form |
| 15 | Case, Becky | SVP, Engineering | Direct | Sell | 6202025 | 4.77 | 758 | 3,616 | 110,421 | Form |
| 16 | Tam, Sarah K | Chief Merchant Officer | Direct | Sell | 6202025 | 4.77 | 895 | 4,269 | 128,842 | Form |
Industry Resources
| Consumer Discretionary Resources |
| Retail Dive |
| Business of Fashion (BoF) |
| WWD (Women's Wear Daily) |
| National Retail Federation (NRF) |
| McKinsey & Company - Consumer |
| Mintel Consumer Trends |
| Apparel Retail Resources |
| Apparel News |
| Just Style |
| Sourcing Journal |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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