RentGuarantor Holdings (RGG) has materially upgraded its full-year 2026 outlook after strong growth in applications and contracts drove a sharp increase in revenue and profitability during the first nine months of the year.
Revenue for the nine months ended 30 September 2026 reached £13 million, up 656% from £1.72 million a year earlier. September alone generated £4.5 million of revenue, compared with £0.24 million in September 2025, supported by strong demand during the prime student letting season.
Applications increased 208% to 21,747, while the number of contracts rose 395% to 11,608. The average contract value increased 53% to £1,119. Despite the rapid increase in volumes, the company said its claims ratio remained in line with board expectations and risk policy.
The higher volumes and scalability of the business helped adjusted EBITDA reach £5.85 million, compared with an adjusted EBITDA loss of £0.19 million in the corresponding period last year. Net profit was £5.93 million, against an adjusted net loss of £0.48 million previously.
RentGuarantor now expects full-year revenue to exceed £19 million, up from previous guidance of more than £14 million. Net profit is expected to exceed £9 million, compared with previous guidance of more than £4 million.
RentGuarantor’s CEO Paul Foy said: “RentGuarantor has continued to deliver exceptional growth during 2026, with the significant increase in applications and contracts translating directly into substantial revenue growth and, importantly, generating solid profitability as the business scales.
“The Board is particularly encouraged by the operational leverage now being demonstrated across the business. We continue to see significant demand for our professional guarantor solution and remain focused on investing in the infrastructure required to support the Company's continued growth.
“We enter the final quarter of the year with strong momentum and remain confident in the long-term opportunity and growth prospects for RentGuarantor.”
View from Vox
RentGuarantor’s latest upgrade highlights the pace at which higher application and contract volumes are feeding through to revenue and profitability. With full-year revenue and net profit guidance raised substantially, the company enters the final quarter with strong trading momentum and an encouraging outlook for 2027.