By Nicholas G. Miller
Rent the Runway posted higher third-quarter revenue on the back of growth in active subscribers.
The clothing subscription company reported net income of $76.5 million, or $13.65 a share, compared with a loss of $18.9 million, or $4.70 a share, the year prior. Net income included a one-time $96.3 million gain on debt restructuring.
Revenue rose 15% to $87.6 million. The number of active subscribers rose 12%, while the number of total subscribers rose 6% from the previous year.
The company guided for full-year revenue of $323.1 million to $325.1 million.
Write to Nicholas G. Miller at nicholas.miller@wsj.com
(END) Dow Jones Newswires
December 12, 2025 08:23 ET (13:23 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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