Rent the Runway reported financial results for the fiscal quarter ended October 31, 2025, showing continued growth with a 12.4% YoY increase in active subscribers and a 15.4% YoY revenue growth.
The company closed a transformative recapitalization plan in October 2025, strengthening the balance sheet and injecting capital into the business.
Rent the Runway expanded its community-driven organic growth strategy to enhance brand awareness and acquisition.
Debt Restructuring and Capital Infusion
Rent the Runway completed a transformative debt restructuring and capital infusion, reducing outstanding debt balance to $120 million and extending maturity to 2029.
Inventory Acquisition
Rent the Runway made its largest inventory investment in company history, driving substantial growth in business.
Brand Expansion
The company reinvigorated its brand and fueled growth through community-first organic tactics, launching new programs to reach customers efficiently.
Product Innovation
Rent the Runway accelerated product innovation with a personalized home page redesign and enhancements in add-on pricing and add-on rate growth.
Revenue Growth
Q3 2025 revenue reached $87.6 million, a 15.4% increase YoY, with ending active subscribers at 148,916 and average active subscribers at 147,645.
- Rent the Runway's strategic repositioning and transformation plan yielded positive results, with substantial growth driven by key initiatives across inventory, brand, organic growth, and customer experience.
- The company's financial performance in Q3 2025 reflects the successful execution of operational and strategic goals, signaling a path for sustained growth and customer satisfaction.
Rent the Runway's Q3 2025 results demonstrate the company's commitment to growth, innovation, and customer-centric strategies, positioning it for continued success in the fashion rental industry.