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Stock impact report

Rent the Runway Inc (RENT) Q3 2025 Earnings Call Highlights: Strategic Recapitalization and ... [Yahoo! Finance]

Rent the Runway, Inc. (RENT) 
Company Research Source: Yahoo! Finance
Rent the Runway Inc ( NASDAQ:RENT ) successfully reduced its total debt from approximately $319 million to $120 million, extending the maturity to 2029. The company achieved a 12% year-over-year growth in active subscribers by the end of Q3 fiscal year 2025. Revenue per subscriber increased, driven by a price increase in August 2025 and improved customer engagement. The company reported a 17% year-over-year increase in the subscription add-on rate in Q3 2025. Rent the Runway Inc ( NASDAQ:RENT ) launched several new features to enhance customer experience, including a personalized homepage and better onboarding for new subscribers. Gross margins decreased to 29.6% in Q3 2025 from 34.7% in Q3 2024, primarily due to higher revenue share costs. Adjusted EBITDA for Q3 2025 was $4.3 million, down from $9.3 million in Q3 2024. Free cash flow was negative $13.6 million in Q3 2025, compared to negative $3.4 million in Q3 2024. The company experienced higher operating expenses, Show less Read more
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