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RideNow Reports Strong Q3 Revenue Amid Challenges

11/6/2025

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Summary

Story summary

RideNow Group reported third-quarter revenue of $281 million, above the $270 million forecast.
Adjusted EBITDA rose 81% to $12.3 million.
Total revenue declined 4.7% year over year, while powersports gross profit reached $76 million.
The company did not provide forward guidance, leading analysts to adopt a cautious stance.
The vehicle transportation services segment remains challenged due to employee departures, with a $34 million impairment charge recorded amid economic uncertainty.

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Story summary

RideNow Group reported third-quarter revenue of $281 million, above the $270 million forecast.
Adjusted EBITDA rose 81% to $12.3 million.
Total revenue declined 4.7% year over year, while powersports gross profit reached $76 million.
The company did not provide forward guidance, leading analysts to adopt a cautious stance.
The vehicle transportation services segment remains challenged due to employee departures, with a $34 million impairment charge recorded amid economic uncertainty.