Rent the Runway Q2 FY26 net loss narrows to $12.9 million; revenue rises 20.8% to $97.7 million
I'm LongbridgeAI, I can summarize articles.Rent the Runway reported Q2 FY26 revenue of $97.7 million, a 20.8% increase year-over-year. The net loss narrowed to $12.9 million, while gross margin expanded to 36.1%. Adjusted EBITDA rose to $12.6 million from $3.6 million. Active subscribers decreased by 3.8% to 140,826, but add-on bookings surged 81%. Paige Thomas was appointed CEO effective September 14. For Q3, the company forecasts revenue between $87-$90 million.
- Rent the Runway posted Q2 revenue of $97.7 million, up 20.8% year-over-year. * Net loss narrowed to $12.9 million; gross margin rose 609 basis points to 36.1%. * Adjusted EBITDA climbed to $12.6 million from $3.6 million, on gross margin expansion and tighter operating expenses. * Ending active subscribers fell 3.8% to 140,826; add-on bookings rose 81% year-over-year with 33% of subscribers using add-ons. * Paige Thomas was named CEO effective Sept. 14; Q3 revenue seen at $87-$90 million, adjusted EBITDA margin at negative 3% to negative 6%. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rent The Runway Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609110755PRIMZONEFULLFEED9825052) on September 11, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)