RideNow | 8-K: FY2025 Q3 Revenue Beats Estimate at USD 281 M

Revenue: As of FY2025 Q3, the actual value is USD 281 M, beating the estimate of USD 269.85 M.

EPS: As of FY2025 Q3, the actual value is USD -0.11, beating the estimate of USD -0.13.

EBIT: As of FY2025 Q3, the actual value is USD 9.5 M.

Powersports Segment

• Revenue: Total Powersports Revenue was $280.0 million, consistent with the previous year.
• Gross Profit: Increased by 6.9% to $75.7 million from $70.8 million in the prior year.
• Unit Sales: New retail vehicles sales increased by 1.7% to 9,904 units, and pre-owned retail vehicles sales increased by 3.3% to 4,701 units.

Vehicle Transportation Services Segment

• Revenue: Revenue decreased by 93.4% to $1.0 million from $15.1 million in the previous year.
• Gross Profit: Decreased by 91.4% to $0.3 million from $3.5 million in the prior year.

Operational Metrics

• Net Loss: Improved by 63.4% to a loss of $4.1 million compared to $11.2 million in last year’s third quarter.
• Adjusted EBITDA: Increased by 80.9% to $12.3 million from $6.8 million in the previous year.
• Operating Income: Increased by 77.4% to $9.4 million from $5.3 million in the prior year.

Cash Flow

• Operating Cash Flow: Decreased by 77.4% to $15.5 million for the nine months ended September 30, 2025, compared to $68.6 million for the same period in 2024.
• Free Cash Flow: Decreased by 84.3% to $10.5 million from $67.0 million in the previous year.

Unique Metrics

• Non-Vehicle Net Debt: Increased slightly by 1.5% to $184.9 million from $182.1 million.

Outlook / Guidance

RideNow Group, Inc. anticipates continued improvement in performance, sustained growth, and value creation for shareholders, driven by its “back to our roots” strategy.