RideNow Group, Inc. (RDNW)

NASDAQ: RDNW · Real-Time Price · USD

5.56

-0.10 (-1.77%)

Sep 1, 2026, 4:00 PM EDT - Market closed

RideNow Group Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,095	1,083	1,209	1,366	1,459	924.17
Revenue Growth	-1.27%	-10.48%	-11.51%	-6.34%	57.86%	121.93%
Gross Profit	303.3	298	314.3	359.9	441.7	158.18
Operating Income	39.2	32.7	24.6	-1.4	73.9	-12
Net Income	-8.3	-52.4	-78.6	-215.5	-261.5	-9.73
Earnings Per Share	-0.22	-1.38	-2.22	-12.15	-16.48	-1.41
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Powersports	1,074	1,151	1,310	1,405	419.44
Vehicle Transportation services	8.6	58	56.6	57.3	48.8
Total	1,083	1,209	1,366	1,459	924.17

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	46.7	29.5	85.3	58.9	46.8	48.97
Total Debt	627.7	626.3	663.9	773.4	749	522.39
Net Cash (Debt)	-581	-596.8	-578.6	-714.5	-702.2	-473.42
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-15.22	-15.72	-16.35	-40.28	-44.24	-68.41

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	-15.8	15.9	99.4	-35.5	-18.9	-32.18
Capital Expenditures	-4.8	-5.6	-2	-13.7	-5.6	-5.65
Free Cash Flow	-20.6	10.3	97.4	-49.2	-24.5	-37.82
Free Cash Flow Growth	-	-89.42%	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	27.70%	27.53%	25.99%	26.34%	30.28%	17.12%
Operating Margin	3.58%	3.02%	2.03%	-0.10%	5.07%	-1.30%
Pretax Margin	-0.74%	-4.81%	-6.52%	-11.35%	-20.94%	-3.40%
Profit Margin	-0.76%	-4.84%	-6.50%	-15.77%	-17.92%	-1.05%
FCF Margin	-1.88%	0.95%	8.05%	-3.60%	-1.68%	-4.09%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Forward PE	61.78	7.16	7.16	7.16	4.63	11.42
P/FCF Ratio	-	20.40	2.11	-	-	-
PS Ratio	0.20	0.19	0.17	0.21	0.07	0.67