Q4 2025 RideNow Group Inc Earnings Call Transcript
Key Points
- RideNow Group Inc (RDNW) achieved a significant year-over-year improvement in adjusted EBITDA, increasing by 341% to $9.7 million in Q4 2025.
- The company reported a 13.8% increase in same-store gross profit, indicating strong operational performance.
- New unit gross margins improved to 13.2% in Q4 2025, up from 10.8% in the same quarter last year.
- RideNow Group Inc (RDNW) successfully reduced adjusted SG&A expenses, which were lower by $26.2 million year-over-year.
- The company is well-positioned for potential refinancing of its term loan due to improved macroeconomic conditions and operational momentum.
- Total revenue for Q4 2025 decreased to $256.9 million from $269.6 million in the prior year quarter, primarily due to the wind-down of the Wholesale Express business.
- New powersports major unit sales declined by 2.9% compared to Q4 of the previous year.
- Cash inflows from operating activities decreased significantly to $15.9 million for the year ended December 31, 2025, compared to $99.4 million in the previous year.
- The company closed several store locations, including two in Southern California and a used-only store in Houston, which may impact future revenue streams.
- Despite improvements, the company still faces uncertainties in the macroeconomic environment, including potential impacts from geopolitical tensions and fluctuating interest rates.
Good afternoon, ladies and gentlemen, and welcome to the RideNow Group, Inc. fourth quarter 2025 earnings conference call. Following the presentation, we will conduct a question-and-answer session. (Operator Instructions) This call is being recorded on Monday, March 9, 2026.
I would now like to turn the conference over to Jerene Makia, VP of Finance. Please go ahead, sir.
Thank you, operator. Good afternoon, everyone, and thank you for joining us for RideNow's fourth quarter and full year 2025 earnings conference call. Joining me on the call today are Michael Quartieri, RideNow Chairman, Chief Executive Officer and President; and Josh Barsetti, RideNow's Chief Financial Officer.
Our Q4 and full year results are detailed in the press release issued this afternoon. and supplemental information will be available in our Form 10-K once filed. Before we begin, I would like to remind you -- their comments made by management during this conference call may contain
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
