There are various file formats that are used when working with 3D models and renderings. These include OBJ, FBX, STL, and ply. Each file format has its own specifications and is used for different purposes. For example, OBJ and FBX are suitable for sharing 3D models between different applications, while STL is used for 3D printing and PLY is used for exchanging 3D scan data. It is important to select the right file format for each use case to ensure compatibility and optimal results.