Earnings ·
Rent the Runway reports Q2 FY2026 revenue of $97.7M, up 20.8% year-over-year, with Adjusted EBITDA expanding to $12.6 million
RENTRent the Runway, Inc.
Rent the Runway reported Q2 FY2026 revenue of $97.7 million, up 20.8% year-over-year, with Adjusted EBITDA expanding to $12.6 million from $3.6 million in the prior year period. The company announced a leadership transition effective September 14, 2026: Paige Thomas was appointed CEO and President, succeeding Interim CEO Teri Bariquit, who becomes Chair of the Board; Executive Chairman Dhiren Fonseca steps down. Rent the Runway reaffirmed its FY2026 guidance for double-digit revenue growth and an Adjusted EBITDA margin between 4% and 7%, while updating Rental Product Acquired to $53-55 million. The company operates in the fashion rental and resale industry.