RideNow Group, Inc.RDNWEarnings & Financial Report
RideNow Group, Inc. is a leading U.S. retailer of new and used powersports vehicles, including motorcycles, all-terrain vehicles, side-by-sides, personal watercraft, and snowmobiles. It also offers related parts, repair services, and financing options for powersports enthusiasts across over 20 U.S. states.
RDNW Q4 FY2025 Key Financial Metrics
Revenue
$256.9M
Gross Profit
$70.9M
Operating Profit
$5.4M
Net Profit
$-6.4M
Gross Margin
27.6%
Operating Margin
2.1%
Net Margin
-2.5%
YoY Growth
-4.7%
EPS
$-0.16
RideNow Group, Inc. Q4 FY2025 Financial Summary
RideNow Group, Inc. reported revenue of $256.9M (down 4.7% YoY) for Q4 FY2025, with a net profit of $-6.4M (up 88.7% YoY) (-2.5% margin). Cost of goods sold was $186.0M, operating expenses totaled $65.5M.
Key Financial Metrics
| Total Revenue | $256.9M |
|---|---|
| Net Profit | $-6.4M |
| Gross Margin | 27.6% |
| Operating Margin | 2.1% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
RideNow Group, Inc. Q4 FY2025 revenue of $256.9M breaks down across 5 segments, led by Powersports New Vehicles at $133.5M (52.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Powersports New Vehicles | $133.5M | 52.0% |
| Parts And Other Revenue | $48.5M | 18.9% |
| Powersports Pre Owned Vehicles | $45.8M | 17.8% |
| Finance And Insurance | $24.1M | 9.4% |
| Vehicle Transportation Services Segment | $800.0K | 0.3% |
RideNow Group, Inc. Revenue by Segment — Quarterly Trend
RideNow Group, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Powersports New Vehicles and Parts And Other Revenue) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Powersports New Vehicles | $133.5M | $147.1M | $154.8M | $120.1M |
| Parts And Other Revenue | $48.5M | $50.8M | $52.4M | $46.1M |
| Powersports Pre Owned Vehicles | $45.8M | $53.5M | $59.2M | $48.1M |
| Finance And Insurance | $24.1M | $24.9M | $27.2M | $21.1M |
| Vehicle Transportation Services Segment | $800.0K | $1.0M | $1.3M | $5.5M |
RideNow Group, Inc. Annual Revenue by Year
RideNow Group, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.1B).
RideNow Group, Inc. Quarterly Revenue & Net Profit History
RideNow Group, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $256.9M | -4.7% | $-6.4M | -2.5% |
| Q3 FY2025 | $281.0M | -4.7% | $-4.1M | -1.5% |
| Q2 FY2025 | $299.9M | -11.0% | $-32.2M | -10.7% |
| Q1 FY2025 | $244.7M | -20.5% | $-9.7M | -4.0% |
| Q4 FY2024 | $269.6M | -13.4% | $-56.4M | -20.9% |
| Q3 FY2024 | $295.0M | -12.7% | $-11.2M | -3.8% |
| Q2 FY2024 | $336.8M | -12.0% | $-700.0K | -0.2% |
| Q1 FY2024 | $307.8M | -8.0% | $-10.3M | -3.3% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $307.8M | $336.8M | $295.0M | $269.6M | $244.7M | $299.9M | $281.0M | $256.9M |
| YoY Growth | -8.0% | -12.0% | -12.7% | -13.4% | -20.5% | -11.0% | -4.7% | -4.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $898.7M | $896.0M | $830.5M | $755.2M | $738.9M | $712.3M | $699.4M | $673.6M |
| Liabilities | $806.0M | $802.6M | $747.2M | $718.5M | $712.0M | $717.0M | $706.3M | $686.1M |
| Equity | $92.7M | $93.4M | $83.3M | $36.7M | $26.9M | $-4.7M | $-6.9M | $-12.5M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $17.0M | $12.2M | $39.4M | $30.8M | $-6.9M | $10.9M | $11.5M | $400000 |