- 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.  **[0001596961_2233166_1]** **[0001596961_2233166_3]** 
- 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**.  **[0001596961_2233166_3]**  New unit gross margins improved to **12.6%** and pre-owned gross margins to **16.1%**.  **[0001596961_2233166_3]** 
- 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**.  **[0001596961_2233166_1]** **[0001596961_2233166_2]** 
- 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.  **[0001596961_2233166_2]** **[0001596961_2233166_5]**

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

- 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.  **[1596961_0001596961-25-000099_q32025earningsrelease-ex991.htm:0]** 
- Adjusted EBITDA for Q3 2025 increased **80.9%** to **$12.3 million**.  **[1596961_0001596961-25-000099_q32025earningsrelease-ex991.htm:0]** 
- 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.  **[1596961_0001596961-25-000099_q32025earningsrelease-ex991.htm:0]** 
- The company reduced Selling, general & administrative expense (SG&A) by **2.3%** in Q3 2025.  **[1596961_0001596961-25-000099_q32025earningsrelease-ex991.htm:0]** 
- 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.  **[1596961_0001596961-25-000099_q32025earningsrelease-ex991.htm:1]**

RideNow Group Reports Improved Q3 2025 Financial Results

- 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.  **[1596961_20251104CL14986:0]** 
- 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.  **[1596961_20251104CL14986:0]** **[1596961_20251104CL14986:1]** 
- 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.  **[1596961_20251104CL14986:1]** 
- 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.  **[1596961_20251104CL14986:0]**

RideNow Group (RDNW)