Rent the Runway Q1 revenue rises 29.2% YoY to $89.9M, adds new interim CEO and advances AI features.

Rent the Runway reported a 29.2% year-over-year revenue increase to $89.9 million in Q1 2026, driven by strong subscriber growth and a 70.4% rise in add-on revenue. The company appointed Teri Bariquit as interim CEO and continues to enhance its platform with AI-driven personalized discovery and outfit recommendations. Rent the Runway reaffirmed its full-year 2026 guidance, expecting double-digit revenue growth and improved adjusted EBITDA margins. These developments highlight RTR's momentum in transforming women's fashion rental with technology and leadership changes.