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RideNow Group (NASDAQ: RDNW) reported third quarter 2025 results on Nov. 4, 2025 showing operational improvement driven by its powersports business.
Key highlights: Revenue $281.0M (down 4.7% YoY); Adjusted EBITDA $12.3M (up 80.9% YoY); Operating income $9.4M (up 77.4% YoY); Net loss improved to $4.1M (63.4% improvement). Powersports revenue was roughly flat at $280.0M while powersports gross profit rose 6.9% and GPU increased to $5,183.
Liquidity and cash: unrestricted cash $35.4M (down 58.5% from Dec. 31, 2024), total available liquidity $182.9M, and the company extended term debt to Sept. 30, 2027 with a 50-bps interest reduction.
RideNow Group (NASDAQ: RDNW) will release its Third Quarter 2025 operational and financial results on Tuesday, November 4, 2025 after market close.
Senior management will host a live conference call and webcast the same day at 4:30 p.m. Eastern Time. A live and archived webcast will be available from the company's Investor Relations website at https://investors.ridenow.com. U.S. conference dial-in is 1-800-717-1738; international dial-in is 1-646-307-1865; conference ID 19095.
RideNow Group (NASDAQ: RDNW) announced on October 6, 2025 that RideNow Chandler was named Sea-Doo U.S. National Dealer of the Year for Personal Watercraft and Pontoons. The award, presented at a dealer event in Boston by Sea-Doo (BRP), cited training and certification, regional market share, sales goal performance, and growth in parts, accessories, and apparel.
RideNow Chandler was highlighted for a customer-first approach and strong local boater relationships in the Phoenix area. Company leaders Jon Lester and COO Cam Tkach commented on team effort and the dealership's example for RideNow's 52-store network. For more information, visit the RideNow Chandler website.
RumbleOn (NASDAQ: RMBL) announced a comprehensive rebranding to RideNow Group, Inc., with its ticker symbol changing to RDNW effective August 13, 2025. The company is relocating its headquarters from Irving, Texas to Chandler, Arizona, consolidating operations at its flagship store location. The transformation includes the implementation of the RideNow Way, a new business framework focused on three core pillars: Entrepreneurial Spirit, Customer Experience, and Operational Excellence.
Under the leadership of CEO Michael Quartieri and COO Cam Tkach, the company aims to streamline operations across its 54 powersports dealerships, emphasizing consistent service quality and customer experience. This strategic realignment is designed to strengthen the company's market position and create a foundation for sustainable growth.
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