RideNow Group Reports Q3 Net Loss Narrows to $4.1 Million on Higher Gross Profit

Reuters
2025/11/05
RideNow Group Reports Q3 Net Loss Narrows to $4.1 Million on Higher Gross Profit

RideNow Group Inc. reported third quarter 2025 financial results, with revenue of $281.0 million, down 4.7% from $295.0 million in the same period of 2024. Gross profit increased by 2.3% to $76.0 million. Selling, general and administrative expenses (SG&A) decreased 2.3% to $64.4 million, while adjusted SG&A declined 4.4% to $61.5 million. Operating income rose 77.4% to $9.4 million. The company reported a net loss of $4.1 million, an improvement from a net loss of $11.2 million in the prior year's third quarter. Adjusted EBITDA rose 80.9% to $12.3 million. Powersports revenue and unit sales increased, while the transportation services segment saw a significant decline in both vehicles transported and revenue. The company ended the quarter with $51.8 million in total cash and $182.9 million in total available liquidity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. RideNow Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CL14986) on November 04, 2025, and is solely responsible for the information contained therein.

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