Rent the Runway stock falls as losses narrow

Rent the Runway stock (ISIN US76010Y1038) traded at USD 1.86 on Nasdaq on September 23, 2026, down USD 0.08, or 4.18 percent, from the prior close of USD 1.94. The company reported fiscal Q2 2026 revenue of USD 97.7 million, giving investors a sharp contrast between operating growth and the still depressed share price.

Revenue rises in Q2 2026

According to TradingKey on September 23, 2026, fiscal Q2 revenue increased 20.8 percent year over year to USD 97.7 million. The same report said GAAP net loss narrowed to USD 12.9 million from USD 26.4 million in the prior-year quarter, a USD 13.5 million improvement.

Profitability also improved within the reported quarter. Gross margin expanded 609 basis points to 36.1 percent, while adjusted EBITDA increased to USD 12.6 million from USD 3.6 million, a rise of USD 9.0 million year over year, according to TradingKey.

Stock remains near yearly low

The market value was USD 65.82 million on September 23, 2026. The reported 52-week range was USD 1.72 to USD 10.13, placing the USD 1.86 quote only USD 0.14 above the low and USD 8.27 below the high.

Trading activity was also material in the latest quoted session, with volume of approximately 128,900 shares reported alongside the price data. The comparison between a 20.8 percent revenue increase and a share price near the 52-week low shows why the stock remains driven by the gap between improving operations and the market's assessment of financial risk.

Rent the Runway stock closes at USD 1.86

Rent the Runway stock stood at USD 1.86 on Nasdaq as of September 23, 2026, compared with a prior close of USD 1.94. The latest reported Q2 figures combine a USD 9.0 million adjusted EBITDA improvement with a USD 13.5 million narrower GAAP loss.

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