Rent the Runway Inc. (RENT) Financial Statements (2024 and earlier)

Company Profile

Business Address 10 JAY ST
BROOKLYN, NY 11201
State of Incorp. DE
Fiscal Year End January 31
Industry (SIC) 599 - Retail Stores, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

1/31/2024
10/31/2023
MRQ
1/31/2023
1/31/2022
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments105,900154,500247,600
Cash and cash equivalents105,900154,500247,600
Restricted cash and investments4,8003,1005,400
Other undisclosed current assets10,60014,50011,700
Total current assets:121,300172,100264,700
Noncurrent Assets
Operating lease, right-of-use asset34,80026,70031,500
Property, plant and equipment37,50044,700 
Intangible assets, net (including goodwill)3,8004,1006,400
Intangible assets, net (excluding goodwill)3,8004,1006,400
Restricted cash and investments5,2006,0006,600
Other noncurrent assets3,8003,9004,800
Other undisclosed noncurrent assets103,90078,700133,500
Total noncurrent assets:189,000164,100182,800
TOTAL ASSETS:310,300336,200447,500
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities30,20024,90025,000
Taxes payable1,600
Employee-related liabilities4,000
Accounts payable22,40012,40015,900
Accrued liabilities7,80012,5003,500
Deferred revenue11,80012,00010,400
Debt   
Other undisclosed current liabilities23,50023,10033,400
Total current liabilities:65,50060,00068,800
Noncurrent Liabilities
Long-term debt and lease obligation300,200272,500307,200
Long-term debt, excluding current maturities300,200272,500260,800
Liabilities, other than long-term debt47,20039,000400
Other liabilities700700400
Operating lease, liability46,50038,30046,400
Total noncurrent liabilities:347,400311,500307,600
Total liabilities:412,900371,500376,400
Equity
Equity, attributable to parent, including:(102,600)(35,300)71,100
Additional paid in capital925,600904,500872,200
Accumulated deficit(1,028,300)(939,900)(801,200)
Other undisclosed equity, attributable to parent 100100100
Total equity:(102,600)(35,300)71,100
TOTAL LIABILITIES AND EQUITY:310,300336,200447,500

Income Statement (P&L) ($ in thousands)

1/31/2024
10/31/2023
TTM
1/31/2023
1/31/2022
Revenues297,800296,400203,300
Operating lease, lease income267,900268,600185,800
Cost of revenue(225,400)(231,800)(157,300)
Cost of goods and services sold(88,600)(92,200)(61,900)
Gross profit:72,40064,60046,000
Operating expenses(150,900)(168,200)(171,900)
Operating loss:(78,500)(103,600)(125,900)
Nonoperating expense   (21,000)
Investment income, nonoperating   (24,900)
Other nonoperating income   3,900
Interest and debt expense   (12,200)
Loss from continuing operations before equity method investments, income taxes:(78,500)(103,600)(159,100)
Other undisclosed loss from continuing operations before income taxes(36,500)(35,300)(53,000)
Loss from continuing operations before income taxes:(115,000)(138,900)(212,100)
Income tax expense (benefit)400200300
Loss from continuing operations:(114,600)(138,700)(211,800)
Loss before gain (loss) on sale of properties:(211,800)
Net loss available to common stockholders, diluted:(114,600)(138,700)(211,800)

Comprehensive Income ($ in thousands)

1/31/2024
10/31/2023
TTM
1/31/2023
1/31/2022
Net loss:(114,600)(138,700)(211,800)
Comprehensive loss, net of tax, attributable to parent:(114,600)(138,700)(211,800)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: