Rent the Runway, Inc.

12. Net Loss per Share Attributable to Common Stockholders

The Company computed net loss per share attributable to common stockholders under the two-class method required for multiple classes of common stock and participating securities for the three and six months ended July 31, 2025. The rights of the Class A common stock and Class B common stock were substantially identical, other than voting rights. Accordingly, the net loss per share attributable to common stockholders was the same for Class A and Class B common stock on an individual or combined basis. In July 2026, the Company’s stockholders approved the elimination of the Company’s authorized shares of Class B common stock. See “Note 2 - Summary of Significant Accounting Policies” for more information. The Company completed a rights offering in October 2025. As the exercise price for the rights offering was lower than the Company’s stock price, the rights offering contained a bonus element similar to a stock dividend. The Company adjusted the weighted-average shares used in computing net loss per share to reflect the bonus element for the second quarter of fiscal year 2025.

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders:

As the Company incurred net losses for the three and six months ended July 31, 2026 and 2025, weighted-average basic shares and weighted-average diluted shares outstanding are equal for these periods.