RideNow Group, Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:55:20Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 6.50M | 93.60M | -53.80M | -24.49M | -37.82M | 16.97M |
| EBITDA | 8.80M | -900.00K | -47.50M | -237.10M | -2.77M | -16.42M |
| Working Capital | 38.20M | 47.00M | 85.80M | 149.10M | 121.07M | 2.29M |
| Net Debt | 340.00M | 336.20M | 400.90M | 734.00M | 296.67M | 59.93M |
| Gross Margin | 27.53% | 25.99% | 26.34% | 30.28% | 17.12% | 7.59% |
| Operating Margin | -0.02% | -1.26% | -5.09% | -17.83% | -0.96% | -4.46% |
| Net Margin | -4.84% | -6.50% | -15.77% | -17.92% | -1.05% | -6.00% |
| Return on Equity (ROE) | 419.20% | -214.17% | -204.07% | -126.94% | -2.25% | -547.02% |
| Return on Assets (ROA) | -7.78% | -10.41% | -23.26% | -25.46% | -0.95% | -32.48% |
| Current Ratio | 1.13× | 1.14× | 1.22× | 1.48× | 1.68× | 1.06× |
| Debt-to-Equity | -29.56× | 11.48× | 4.35× | 3.79× | 0.80× | 13.44× |
| Effective Tax Rate | -0.58% | 0.25% | -38.23% | 23.57% | 69.02% | 0.00% |
| Cash Conversion Ratio | -0.30× | -1.26× | 0.18× | 0.07× | 3.31× | -0.69× |
| Accruals Ratio | -0.10× | -0.24× | -0.19× | -0.24× | 0.02× | -0.55× |
| SBC % of Revenue | 0.19% | 0.38% | 0.88% | 0.64% | 3.16% | 0.72% |
| CapEx Coverage | 1.69× | 17.14× | -2.61× | -3.37× | -5.70× | 97.96× |
| Free Cash Flow Per Share | $0.17 | $2.65 | $-3.03 | $-1.54 | $-5.47 | $7.77 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/FCF | 32.24× | 2.05× | — | — | — | 3.89× |
| FCF Yield | 3.10% | 48.72% | — | — | — | 25.72% |
| EV / EBITDA | 62.68× | — | — | — | — | — |
| P/S | 0.20× | 0.17× | 0.11× | 0.07× | 0.31× | 0.16× |
| P/B | — | 5.60× | 1.37× | 0.50× | 0.67× | 14.44× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 1.08B | 1.21B | 1.37B | 1.46B | 924.17M | 416.43M |
| Revenues | — | — | — | 1.79B | 924.17M | 416.43M |
| Cost of Revenue | 784.50M | 894.90M | 1.01B | 1.02B | 765.99M | 384.80M |
| Gross Profit | 298.00M | 314.30M | 359.90M | 441.70M | 158.18M | 31.63M |
| Research and Development Expense | — | — | — | — | — | 1.42M |
| Selling, General and Administrative Expense | 256.30M | 275.40M | 347.30M | 354.50M | 164.08M | 53.66M |
| Operating Income (Loss) | -200.00K | -15.20M | -69.50M | -260.10M | -8.87M | -18.56M |
| Income Tax Expense (Benefit) | 300.00K | -200.00K | 59.30M | -72.00M | -21.66M | 0 |
| Net Income (Loss) Attributable to Parent | -52.40M | -78.60M | -215.50M | -261.50M | -9.72M | -25.00M |
| Earnings Per Share, Basic | $-1.38 | $-2.22 | $-12.15 | $-16.48 | $-1.41 | $-11.44 |
| Weighted Average Number of Shares Outstanding, Basic | 37.96M | 35.38M | 17.74M | 15.87M | 6.92M | 2.18M |
| Earnings Per Share, Diluted | $-1.38 | $-2.22 | $-12.15 | $-16.48 | $-1.41 | $-11.44 |
| Weighted Average Number of Shares Outstanding, Diluted | 37.96M | 35.38M | 17.74M | 15.87M | 6.92M | 2.18M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 29.50M | 85.30M | 58.90M | 46.80M | 48.97M | 1.47M |
| Assets, Current | 334.70M | 371.40M | 480.80M | 460.80M | 300.14M | 37.73M |
| Assets | 673.60M | 755.20M | 926.30M | 1.03B | 1.03B | 76.98M |
| Long-term Debt | 207.60M | 251.10M | 274.30M | 598.20M | 257.91M | 1.65M |
| Liabilities, Current | 296.50M | 324.40M | 395.00M | 311.70M | 179.07M | 35.45M |
| Long-term Debt, Excluding Current Maturities | 207.20M | 212.00M | 238.70M | 374.40M | — | — |
| Liabilities | 686.10M | 718.50M | 820.70M | 821.20M | 596.10M | 72.41M |
| Stockholders' Equity Attributable to Parent | -12.50M | 36.70M | 105.60M | 206.00M | 431.60M | 4.57M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 15.90M | 99.40M | — | -18.89M | -32.18M | 17.14M |
| Payments to Acquire Property, Plant, and Equipment | 5.60M | 2.00M | 13.70M | 5.60M | 5.65M | 175.00K |
| Net Cash Provided by (Used in) Investing Activities | -2.70M | 900.00K | -19.10M | -82.20M | -378.83M | -2.28M |
| Net Cash Provided by (Used in) Financing Activities | -67.00M | -80.60M | — | 107.70M | 459.47M | -18.07M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -28.20M | -200.00K | 10.50M | 1.10M | -7.40M | 30.40M |
| EBITDA | 9.50M | 7.90M | 11.60M | -16.80M | 6.10M | -36.50M |
| Working Capital | 38.60M | 38.20M | 38.70M | 49.30M | 42.70M | 47.00M |
| Net Debt | 359.20M | 340.00M | 324.90M | 325.20M | 328.80M | 336.20M |
| Gross Margin | 27.50% | 27.60% | 27.05% | 27.98% | 27.46% | 25.04% |
| Operating Margin | 2.92% | 2.10% | 3.35% | -6.27% | 1.55% | -15.24% |
| Net Margin | -1.65% | -2.49% | -1.46% | -10.74% | -3.96% | -20.92% |
| Return on Equity (ROE) | 26.54% | 51.20% | 59.42% | 685.11% | -36.06% | -153.68% |
| Return on Assets (ROA) | -0.60% | -0.95% | -0.59% | -4.52% | -1.31% | -7.47% |
| Current Ratio | 1.11× | 1.13× | 1.12× | 1.16× | 1.14× | 1.14× |
| Debt-to-Equity | -24.04× | -29.56× | -52.22× | -78.70× | 13.75× | 11.48× |
| Effective Tax Rate | -2.38% | 0.00% | -2.50% | -0.31% | -1.04% | -0.36% |
| Cash Conversion Ratio | 6.42× | -0.06× | -3.78× | -0.12× | 0.71× | -0.55× |
| Accruals Ratio | 0.03× | -0.01× | -0.03× | -0.05× | -0.00× | -0.12× |
| SBC % of Revenue | 0.23% | 0.31% | 0.28% | 0.20% | -0.04% | 0.26% |
| CapEx Coverage | -46.00× | 0.67× | 3.10× | 1.38× | -13.80× | 77.00× |
| Free Cash Flow Per Share | $-0.73 | $-0.01 | $0.28 | $0.03 | $-0.20 | $0.86 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| EV / EBITDA | 51.67× | 62.68× | — | — | — | — |
| P/S | 0.25× | 0.20× | 0.15× | 0.08× | 0.09× | 0.17× |
| P/B | — | — | — | — | 3.96× | 5.60× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 260.40M | 256.90M | 281.00M | 299.90M | 244.70M | 269.60M |
| Cost of Revenue | 188.80M | 186.00M | 205.00M | 216.00M | 177.50M | 202.10M |
| Gross Profit | 71.60M | 70.90M | 76.00M | 83.90M | 67.20M | 67.50M |
| Selling, General and Administrative Expense | 62.10M | 64.10M | 64.40M | 66.70M | 61.10M | 64.20M |
| Operating Income (Loss) | 7.60M | 5.40M | 9.40M | -18.80M | 3.80M | -41.10M |
| Income Tax Expense (Benefit) | 100.00K | 0 | 100.00K | 100.00K | 100.00K | 200.00K |
| Net Income (Loss) Attributable to Parent | -4.30M | -6.40M | -4.10M | -32.20M | -9.70M | -56.40M |
| Earnings Per Share, Basic | $-0.11 | $-0.17 | $-0.11 | $-0.85 | $-0.26 | $-1.59 |
| Weighted Average Number of Shares Outstanding, Basic | 38.41M | 37.96M | 38.05M | 37.91M | 37.79M | 35.38M |
| Earnings Per Share, Diluted | $-0.11 | $-0.17 | $-0.11 | $-0.85 | $-0.26 | $-1.59 |
| Weighted Average Number of Shares Outstanding, Diluted | 38.41M | 37.96M | 38.05M | 37.91M | 37.79M | 35.38M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 30.20M | 29.50M | 35.40M | 44.70M | 41.10M | 85.30M |
| Assets, Current | 384.80M | 334.70M | 358.30M | 366.20M | 358.30M | 371.40M |
| Assets | 721.70M | 673.60M | 699.40M | 712.30M | 738.90M | 755.20M |
| Long-term Debt | 211.30M | 207.60M | 207.50M | 218.40M | 215.50M | 251.10M |
| Liabilities, Current | 346.20M | 296.50M | 319.60M | 316.90M | 315.60M | 324.40M |
| Long-term Debt, Excluding Current Maturities | 210.40M | 207.20M | 207.10M | 218.00M | 215.10M | 212.00M |
| Liabilities | 737.90M | 686.10M | 706.30M | 717.00M | 712.00M | 718.50M |
| Stockholders' Equity Attributable to Parent | -16.20M | -12.50M | -6.90M | -4.70M | 26.90M | 36.70M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -27.60M | 400.00K | 15.50M | 4.00M | -6.90M | 30.80M |
| Payments to Acquire Property, Plant, and Equipment | 600.00K | 600.00K | 5.00M | 2.90M | 500.00K | 400.00K |
| Net Cash Provided by (Used in) Investing Activities | -700.00K | 2.40M | -5.10M | -2.90M | -500.00K | 3.60M |
| Net Cash Provided by (Used in) Financing Activities | 31.80M | -11.70M | -55.30M | -38.00M | -33.10M | -4.40M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (RDNW CIK 0001596961),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
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statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.