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Rent the Runway revenue
Rent the Runway's revenue is $298.2 million.
What is Rent the Runway's revenue?
- Rent the Runway's revenue growth from 2020 to 2023 is 89.33%.
- Rent the Runway has 1,800 employees, and the revenue per employee ratio is $165,666.
- Rent the Runway's peak quarterly revenue was $78.9M in 2024(q2).
- Rent the Runway peak revenue was $298.2M in 2023.
- Rent the Runway annual revenue for 2022 was 296.4M, 45.79% growth from 2021.
- Rent the Runway annual revenue for 2023 was 298.2M, 0.61% growth from 2022.
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Rent the Runway historical revenue
Rent the Runway's peak revenue was $298.2M in 2023. The peak quarterly revenue was $78.9M in 2024(q2).
Rent the Runway's revenue increased from $157.5m in 2020 to $298.2M currently. That's a 89.33% change in annual revenue.
Rent the Runway annual revenue
Rent the Runway annual revenue over time
| Fiscal year / year | Rent the Runway revenue |
|---|---|
| 2020 | $157.5M |
| 2021 | $203.3M |
| 2022 | $296.4M |
| 2023 | $298.2M |
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Rent the Runway annual growth
Rent the Runway saw the greatest revenue growth in 2022, when revenue increased by 45.79%.
Rent the Runway had the lowest revenue growth in 2021, when revenue changed by 29.08%.
Rent the Runway annual growth rate over time
| Year | Rent the Runway growth |
|---|---|
| 2021 | 29%↑ |
| 2022 | 46%↑ |
| 2023 | 1%↑ |
Rent the Runway quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Rent the Runway quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2021 | - | - | $59.0M | $64.1M |
| 2022 | $67.1M | $76.5M | $77.4M | $75.4M |
| 2023 | $74.2M | $75.7M | $72.5M | $75.8M |
| 2024 | $75.0M | $78.9M | $75.9M | - |
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Rent the Runway financial information
| CEO | Jennifer Y. Hyman |
| Industry | Software & Services |
| Company Type | Public |
| Employees Number | 1,800 |
| Date Founded | 2009 |
| Headquarters | New York, New York |
| Number of Locations | 1 |
| Revenue | $298.2M |
| Net Income | -$138,700,000 |
| Gross Proft | $156.6M (2023) |
| EBITDA | ($64.6M) (2023) |
| Tax Rate | -0.0% |
| Total Assets | $336,200,000 |
| Ticker | RENT |
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Rent the Runway financing
Rent the Runway received early financing of $1.8M on 2009-07-15.
| Series | Round size | Date |
|---|---|---|
| Seed | $1.8M | 07/2009 |
| Series A | $15M | 02/2010 |
| Series B | $15M | 05/2011 |
| Series C | $24.4M | 03/2013 |
| Series D | $60M | 12/2014 |
| Series E | $60M | 12/2016 |
| Series Unknown | $20M | 03/2018 |
| Debt Financing | $200M | 08/2018 |
| Series F | $125M | 03/2019 |
| Series Unknown | $5M | 06/2020 |
Rent the Runway investors
| Investors | Security type |
|---|---|
| Bain Capital Ventures | Seed |
| Highland Capital Partners | Series A |
| Bain Capital Ventures | Series A |
| Kleiner Perkins | Series B |
| Bain Capital Ventures | Series C |
| Highland Capital Partners | Series C |
| American Express Ventures | Series C |
| Novel TMT Ventures | Series C |
| Data Point Capital | Series C |
| Kleiner Perkins | Series C |
| Condé Nast | Series C |
| Advance Publications, Inc. | Series D |
| Bain Capital Ventures | Series D |
| Highland Capital Partners | Series D |
| Flight Ventures | Series D |
| ACME Capital | Series D |
| TCV INC | Series D |
| REIMAGINED VENTURES LLC | Series D |
| Advance Publications, Inc. | Series E |
| Bain Capital Ventures | Series E |
| Highland Capital Partners | Series E |
| TCV INC | Series E |
| Fidelity Management & Research Co LLC | Series E |
| Blue Pool Capital | Series Unknown |
| Temasek | Debt Financing |
| Bain Capital Ventures | Series F |
| Franklin Resources, Inc. | Series F |
| GSV CAPITAL CORP | Series Unknown |
Rent the Runway competitors
Rent the Runway's top competitor, Etsy, earned an annual revenue of $2.8B.
Rent the Runway's smallest competitor is Campus Pursuit, LLC with revenue of $690.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Poshmark | $94,093 | $262.0M | 300 | 36 |
| Gilt | $49,108 | $240.0M | 750 | - |
| Etsy | $116,616 | $2.8B | 1,400 | 41 |
| The Honest Company | $49,883 | $378.3M | 187 | 33 |
| Everlane | $77,856 | $40.0M | 368 | 25 |
| ThirdLove | $47,654 | $6.7M | 239 | 9 |
| Mr Youth | $45,898 | $5.2M | 350 | - |
| Bumble | $40,949 | $1.1B | 700 | 35 |
| Hades | $75,321 | - | - | - |
| Campus Pursuit, LLC | $75,327 | $690,000 | 50 | - |
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Zippia gives an in-depth look into the details of Rent the Runway, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Rent the Runway. The employee data is based on information from people who have self-reported their past or current employments at Rent the Runway. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Rent the Runway. The data presented on this page does not represent the view of Rent the Runway and its employees or that of Zippia.
Rent the Runway may also be known as or be related to Rent The Runway, Rent The Runway, Inc., Rent the Runway, Rent the Runway Inc. and Rent the Runway, Inc.