RideNow Group (RDNW) Company Report

Analyst Earnings Quarterly Reports

Earnings summaries and quarterly performance for RideNow Group.

Research analysts covering RideNow Group.

Recent press releases and 8-K filings for RDNW.

RideNow Group Reports Strong Q3 2025 Adjusted EBITDA Growth Amid Strategic Initiatives

RDNW

Earnings

Debt Issuance

Management Change

RideNow Group reported Q3 2025 revenue of $281 million and Adjusted EBITDA of $12.3 million, marking an over 80% year-over-year increase in Adjusted EBITDA despite a 4.7% decline in total revenue primarily due to the vehicle transportation business.
The Power Sports Group segment demonstrated significant improvement, with total major unit sales up 3.9% year-over-year to 15,949 units and gross profit dollars increasing by $4.9 million to $75.7 million. New unit gross margins improved to 12.6% and pre-owned gross margins to 16.1%.
The company completed several strategic financial initiatives, including amending and extending its term loan agreement to September 2027 and raising $10 million in subordinated debt to repay $20 million of term loan principal, resulting in annual cash interest savings of $4.4 million.
Operational strategies included the opening of their 15th "aircraft carrier" store in Fort Worth, Texas, through the consolidation of two smaller locations, and initiating shutdown procedures for a pre-owned-only store in Houston to optimize the store portfolio.

Nov 4, 2025, 9:30 PM

RideNow Group Reports Improved Q3 2025 Financial Results

RDNW

Earnings

Debt Issuance

Revenue Acceleration/Inflection

RideNow Group, Inc. reported a 63.4% improvement in net loss, reaching $4.1 million for the third quarter ended September 30, 2025, compared to the prior year's third quarter.
Adjusted EBITDA for Q3 2025 increased 80.9% to $12.3 million.
Total revenue for Q3 2025 was $281.0 million, a 4.7% decrease year-over-year, though Powersports revenue was up slightly due to higher unit sales.
The company reduced Selling, general & administrative expense (SG&A) by 2.3% in Q3 2025.
RideNow Group extended its term debt credit agreement to September 30, 2027, which included a 50-basis point reduction in interest and a $20.0 million principal paydown.

Nov 4, 2025, 9:24 PM

RideNow Group Reports Third Quarter 2025 Financial Results

RDNW

Earnings

Debt Issuance

Demand Weakening

RideNow Group reported a significant improvement in its net loss for Q3 2025, which narrowed by 63.4% to $4.1 million, and Adjusted EBITDA increased 80.9% to $12.3 million compared to Q3 2024.
Total revenue for Q3 2025 decreased 4.7% to $281.0 million, primarily due to a 93.4% decline in Vehicle Transportation Services Revenue, despite Powersports Revenue being up slightly.
The company successfully extended the maturity date of its term debt credit agreement to September 30, 2027, with a 50-basis point reduction in interest, and paid down $20.0 million in principal.
Operating cash flow for the first nine months of 2025 was $15.5 million, a substantial decrease from $68.6 million in the same period of 2024.