RDNWNasdaqServices-Computer Programming ServicesUS GAAP · USD

RideNow Group, Inc.

RideNow Group, Inc. is a U.S.-based powersports retail company headquartered in Chandler, Arizona. It operates a network of dealerships selling new and pre-owned motorcycles, ATVs, side-by-sides, personal watercraft, and related parts, service, accessories, and finance-and-insurance products.

Kysy yhtiöstä
Liikevaihto1 083milj. USD
−10,5 %v/v
Liikevoitto (EBIT)−0,2milj. USD
+98,6 %v/v
EBIT-marginaali−0,0%
+1,2 %-yks.v/v
Nettotulos−52,4milj. USD
+33,3 %v/v
Vapaa kassavirta10,3milj. USD

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−50005001 0001 5002 000milj. USD2020: 416 milj. USD2020: EBIT −19 milj. USD20202021: 938 milj. USD2021: EBIT −8,9 milj. USD20212022: 1 793 milj. USD2022: EBIT −287 milj. USD20222023: 1 366 milj. USD2023: EBIT −70 milj. USD20232024: 1 209 milj. USD2024: EBIT −15 milj. USD20242025: 1 083 milj. USD2025: EBIT −0,20 milj. USD20251 083−0,20
LiikevaihtoLiikevoitto (EBIT)
Kysy Clarifolta: RideNow Group, Inc.

Liiketoiminta

Osuus liikevaihdosta
Powersports vehicle sales72 %

Retail sales of new and pre-owned motorcycles, ATVs, SXS, PWC, and other powersports units.

Parts, service, and accessories18 %

Aftermarket parts, apparel, accessories, maintenance, and repair services across dealership locations.

Finance and insurance9 %

F&I products and services sold alongside vehicle purchases and dealership transactions.

Vehicle transportation services1 %

Asset-light brokerage services facilitating automobile transport between dealerships and auctions.

Tuotteet

Raportoitu · osuus liikevaihdosta
51,3%19,1%18,3%9,0%FY2025100 %
  • Powersports New Vehicles51,3 %
  • Powersports Pre Owned Vehicles19,1 %
  • Parts and Other Revenue18,3 %
  • Finance and Insurance9,0 %
  • Powersports Wholesale1,5 %
  • Vehicle Transportation Services0,8 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Customers are individual consumers buying powersports vehicles for recreation, commuting, or utility use, as well as owners seeking maintenance and replacement parts. The company also serves buyers and sellers of pre-owned units through its online cash-offer channel, which broadens sourcing beyond local dealership traffic.

Retail powersports buyers

Consumers purchasing new and pre-owned powersports vehicles for recreation, utility, or lifestyle use.

Service and parts customers

Existing owners who return for maintenance, repairs, replacement parts, apparel, and accessories.

Used-vehicle sellers

Consumers selling pre-owned units through the RideNow Cash Offer tool or trade-ins.

F&I buyers

Vehicle purchasers who add financing, insurance, and related protection products at checkout.

Transportation brokerage customers

Dealerships and auctions that use brokerage services to move vehicles between locations.

Strategia

The company’s stated focus is to run high-performing dealerships by improving customer experience, inventory selection, and operational execution across its network. It also emphasizes organic growth through its proprietary online sourcing tool, which expands access to pre-owned inventory and supports nationwide customer acquisition.

Run the best performing dealerships in AmericaKeskipitkä aikaväli

Dealership execution drives vehicle sales, service traffic, and F&I attachment across the network.

Grow through organic growth initiativesKeskipitkä aikaväli

Direct consumer sourcing and broader retail reach can expand inventory access and customer acquisition.

Maantiede

RideNow is headquartered in Chandler, Arizona and operates dealerships across a multi-state U.S. footprint. As of year-end 2025, its dealership network spanned Alabama, Arizona, Florida, Georgia, Kansas, Massachusetts, Nevada, North Carolina, Ohio, Oklahoma, Texas, and Washington, making the business dependent on regional retail demand and local dealership execution.

Riskit

RideNow depends on OEM allocations, consumer trade-ins, and online sourcing to maintain inventory, so supply disruptions can directly limit sales. The business is also exposed to brand, marketing, cybersecurity, related-party lease, and execution risks because it relies on dealership traffic, digital tools, and a geographically dispersed retail network.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Insufficient powersports inventory1Dependence on OEM relationships2Related-party lease and financing concentration3Cybersecurity and IT systems disruption4Brand and marketing effectiveness5Transportation services wind-down6
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Insufficient powersports inventoryVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Sales depend on having enough new and pre-owned units to meet demand and support F&I and service attach rates.

    KohdistuuNew OEM supplyConsumer trade-insAuctionsRideNow Cash Offer sourcing
  2. Dependence on OEM relationshipsVaikutus: KorkeaTodennäköisyys: Kohtalainen

    OEMs control allocation of new inventory and dealer standards, which affects product availability and margins.

    KohdistuuBRPPolarisHarley-DavidsonYamahaKawasakiOther suppliers
  3. Related-party lease and financing concentrationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A large share of properties are leased from entities controlled by directors, creating governance and renewal risk.

    Kohdistuu: 26 leased properties and related-party floor plan facility

  4. Cybersecurity and IT systems disruptionVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Sales, inventory tracking, and reporting depend on internal and third-party systems handling sensitive data.

    KohdistuuRetail operationsOnline sourcingCustomerEmployee data
  5. Brand and marketing effectivenessVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    The company relies on traffic generation and customer trust to convert retail and online leads into sales.

    KohdistuuRideNow brandOEM-branded storesDigital acquisition
  6. Transportation services wind-downVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Residual liabilities or close-out costs can arise after ceasing third-party transportation brokerage.

    KohdistuuContract close-outVendor disputesSeveranceTransition obligations
Kysy Clarifolta: RideNow Group, Inc.

Kirjanpito

Harkinnanvaraiset erät
Inventory valuation and mix

New and pre-owned vehicle inventory is a major working-capital item and can require write-downs if market values weaken.

Vaikutus: Affects gross profit and operating cash flow

Lease accounting

The company leases many dealership properties, including related-party locations, so lease terms and renewals affect liabilities and expense recognition.

Vaikutus: Affects right-of-use assets, lease liabilities, and rent expense

Revenue recognition across product lines

Vehicle sales, parts/service, and F&I are recognized differently and can shift with unit volume and customer mix.

Vaikutus: Affects timing and comparability of revenue and gross profit

Discontinued transportation services

Wind-down costs and residual obligations may require estimates for contract close-out and contingencies.

Vaikutus: Affects other operating expenses and liabilities

Debt and floor-plan financing

Interest expense depends on borrowings, maturity changes, and floor-plan usage tied to inventory levels.

Vaikutus: Affects financing costs and leverage presentation

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Insight Enterprises, Inc

NSIT · Retail-Catalog & Mail-Order Houses

DNOW Inc.

DNOW · Oil & Gas Field Machinery & Equipment

ServiceNow, Inc.

NOW · Services-Prepackaged Software

Sonic Automotive, Inc

SAH · Retail-Auto Dealers & Gasoline Stations

Cars.com Inc.

CARS · Services-Computer Processing & Data Preparation

Polaris Inc.

PII · Miscellaneous Transportation Equipment

Päivitetty: 24.9.2026