<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BLUE RHINO CORPORATION CONSOLIDATED BALANCE SHEETS AS OF JULY 31, 1998 (AUDITED) AND JULY 31, 1997 (AUDITED) AND CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE FISCAL YEARS ENDED JULY 31, 1998 (AUDITED) AND JULY 31, 1997 (AUDITED) AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1000 <PERIOD-TYPE> YEAR YEAR <FISCAL-YEAR-END> JUL-31-1998 JUL-31-1997 <PERIOD-START> AUG-01-1997 AUG-01-1996 <PERIOD-END> JUL-31-1998 JUL-31-1997 <CASH> 5,908 325 <SECURITIES> 0 0 <RECEIVABLES> 8,035 3,264 <ALLOWANCES> 134 154 <INVENTORY> 2,377 220 <CURRENT-ASSETS> 17,213 4,153 <PP&E> 10,750 5,751 <DEPRECIATION> 2,332 1,313 <TOTAL-ASSETS> 30,470 9,974 <CURRENT-LIABILITIES> 5,394 3,416 <BONDS> 104 0 <PREFERRED-MANDATORY> 0 8,936 <PREFERRED> 0 0 <COMMON> 8 2 <OTHER-SE> 24,808 18,490 <TOTAL-LIABILITY-AND-EQUITY> 30,470 9,974 <SALES> 27,372 14,211 <TOTAL-REVENUES> 27,372 14,211 <CGS> 20,525 11,644 <TOTAL-COSTS> 20,525 11,644 <OTHER-EXPENSES> 7,526 6,672 <LOSS-PROVISION> 324 0 <INTEREST-EXPENSE> 1,707 1,665 <INCOME-PRETAX> (2,476) (5,584) <INCOME-TAX> 0 0 <INCOME-CONTINUING> (2,476) (5,584) <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (2,476) (5,584) <EPS-PRIMARY> (1.04) (3.74) <EPS-DILUTED> (1.04) (3.74)