RideNow Group, Inc.RDNW

NasdaqTechnologyServices-Computer Programming Services
Price (close)
$6.08
Market cap
$236.9M
P/E
—
Revenue (TTM)
$1.1B
Net income
-$8.3M
Dividend yield
—
1-year total return
31.0%
Net margin
-0.8%
Revenue growth
-1.3%
Debt / equity
—

What RideNow Group, Inc. does.

RideNow Group, Inc. operated through two operating segments in 2024 and 2025: a powersports dealership group and a vehicle transportation services business. In December 2025, we ceased providing vehicle transportation services to third parties and now operate solely as a powersports dealership group. The Company was incorporated in 2013 and has grown primarily through acquisitions. The Company is headquartered in Chandler, Arizona and completed its initial public offering in 2017. Unless the context otherwise requires, all references in this 2025 10-K to “we,” “our,” “us,” “RideNow,” “RideNow Group,” and the “Company” refer to RideNow Group, Inc. and its consolidated subsidiaries and any predecessor entities. Prior to August 13, 2025, the Company was known as RumbleOn, Inc. In connection with our name change on August 13, 2025 and effective as of the same day, the ticker symbol for our Class B common stock changed to RDNW.

We believe our powersports business is the largest powersports retail group in the United States offering a wide selection of new and pre-owned motorcycles, all-terrain vehicles (“ATV”), utility terrain or side-by-side vehicles (“SXS”), personal watercraft (“PWC”), and other powersports products. Our principal suppliers are original equipment manufacturers (“OEMs”), including BRP (Can-Am/Sea-Doo), Polaris, Harley-Davidson, Yamaha, and Kawasaki, from whom we source new unit inventory under standard dealer agreements; we also obtain pre-owned inventory through consumer purchases, trade-ins, and auctions, as described below. Additionally, we offer parts, apparel, accessories, finance & insurance products and services, and aftermarket products from a wide range of manufacturers. We also offer a full suite of repair and maintenance services. As of December 31, 2025 , w e operated a total of 48 dealerships located in Alabama, Arizona, Florida, Georgia, Kansas, Massachusetts, Nevada, North Carolina, Ohio, Oklahoma, Texas and Washington.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$416.4M$924.2M$1.8B$1.4B$1.2B$1.1B
Net income-$25.0M-$9.7M-$261.5M-$215.5M-$78.6M-$52.4M
Free cash flow$17.0M-$37.8M-$24.5M-$52.6M$97.4M$10.3M

More on RDNW.

Figures from RideNow Group, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.