Rent the Runway(US:RENT)2025-09-11 20:30Financial Performance - Q2 2025 - Total revenue reached $80.9 million, a 2.5% year-over-year increase[13] - Ending active subscribers increased by 13.4% year-over-year to 146.4K[7, 13] - Gross profit was $24.3 million with a margin of 30.0%, a decrease of 11 percentage points year-over-year[13] - Net loss amounted to $(26.4) million, with a margin of (32.6)%, a decrease of 13 percentage points year-over-year[13] - Adjusted EBITDA was $3.6 million, representing a margin of 4.4%, a decrease of 13 percentage points year-over-year[13] Business Highlights - Aranda Principal Strategies (APS), STORY3 Capital Partners and Nexus Capital Management are partnering to inject $20 million of incremental cash into the company's balance sheet[7] - APS will convert its accreted debt balance in excess of $100 million into common equity[7] - Outstanding debt balance will be reduced to $120 million and maturity will be extended to 2029 upon closing of the transaction[7] - Q2'25 subscription net promoter score was +77% year-over-year[7, 42] - Total Revenue Share Units increased +119% year-over-year[45] Guidance - Q3 2025 total revenue is projected to be between $82 million and $84 million[74] - Q3 2025 adjusted EBITDA margin is expected to range from -2% to +2%[74] - FY2025 ending active subscribers are anticipated to show double-digit growth compared to FY2024[74]