RideNow

Q2 FY2026 EarningsQ2 FY2026 missed consensus on the top-line but beat significantly on profitability and EPS. Revenue of $296.8M fell short of the $320.5M expectation (-7.4% variance) due to store consolidations and the cessation of transportation services. However, GAAP EPS of $0.16 beat the $0.125 consensus, and GAAP Net Income of $6.5M exceeded the $5.4M forecast. Despite the revenue miss, gross profit improved 1.1% YoY, and Adjusted EBITDA rose 19.2% YoY, reflecting successful execution of the 'back to our roots' efficiency strategy.