RDNW · RideNow Group, Inc.
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 11, 2026TL;DR. RideNow reported Q2 2026 same-store revenue up 3% and adjusted EBITDA up 19.2% to $20.5 million, alongside net income of $6.5 million versus a prior-year loss, while making progress on refinancing and expanding floor plan capacity. Total revenue declined 1% due to store consolidation and the exit of transportation services, and pre-owned units fell 6.8%.
- + Same-store revenue rose 3% to $291.5 million with fourth consecutive quarter of same-store growth
- + Net income improved to $6.5 million versus a prior-year loss of $32.2 million
- + New unit gross margins expanded to 14.8% from 13.2% and adjusted SG&A improved to 74.1% of gross profit from 77.4%
- + Added to Russell 2000 Index, secured $20 million used floor plan facility, expanded new-product floor plan capacity, and relocated Florida stores
- − Total revenue declined 1.0% to $296.8 million due to store consolidation and exit of transportation services
- − Pre-owned unit sales fell 6.8% and pre-owned gross margins compressed to 18% from 18.8%
- − Operating cash outflow of $27.7 million in the first half of 2026 versus inflow of $4.0 million prior year
- − Company carries $174.4 million of non-vehicle net debt and requires refinancing
- − July-quarter same-store sales running down low single digits amid macro volatility
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $29.8M | Six Months Ended June 30, 2026 | — |
| Adjusted Free Cash Flow non-GAAP | $20.8M | Six Months Ended June 30 | — |
| Adjusted SG&A non-GAAP | $123.2M | Six Months Ended June 30, 2026 | — |
| Gross profit per new vehicle | $2,138 | Three Months Ended June 30, 2026 filing | — |
| Gross profit per pre-owned vehicle | $2,092 | Three Months Ended June 30, 2026 filing | — |
| New Powersports unit sales | 10,807 | Three Months Ended June 30 | — |
| New retail vehicles unit sales | 10,807 | Three Months Ended June 30, 2026 filing | — |
| Non-Vehicle Net Debt non-GAAP | $174.4M | As of Jun. 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Long-term debt, including current maturities 213.1M
+8M Add back: unamortized debt discount and issuance costs
-46.7M Less: unrestricted cash
= Non-Vehicle Net Debt 174.4M
|
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| Powersports GPU | $5,273.8 | Six Months Ended June 30 | — |
| Pre-owned Powersports unit sales | 4,924 | Three Months Ended June 30 | — |
| Pre-owned retail vehicles unit sales | 4,924 | Three Months Ended June 30, 2026 filing | — |
| Revenue per new retail vehicle | $14,491 | Three Months Ended June 30, 2026 filing | — |
| Revenue per pre-owned retail vehicle | $11,596 | Three Months Ended June 30, 2026 filing | — |
| Same Store New vehicles | 20,050 | Six Months Ended June 30, 2026 | — |
| Same Store Powersports GPU | $5,208.5 | Six Months Ended June 30, 2026 | — |
| Same Store Powersports Revenue | $549.7M | Six Months Ended June 30 | — |
| Same store pre-owned retail vehicles sold | 4,924 | Three Months Ended June 30, 2026 filing | — |
| Same Store Pre-owned vehicles | 9,517 | Six Months Ended June 30, 2026 | — |
| Same Store Total Powersports Unit Sales | 30,689 | Six Months Ended June 30 | — |
| Same Store Total Retail units | 29,567 | Six Months Ended June 30 | — |
| Same store total retail vehicles sold | 15,713 | Three Months Ended June 30, 2026 filing | — |
| Total Available Liquidity | $158.2M | As of Jun. 30, 2026 | — |
| Total gross profit per retail vehicle | $5,391 | Three Months Ended June 30, 2026 filing | — |
| Total Powersports Unit Sales | 31,330 | Six Months Ended June 30 | — |
| Total retail unit sales | 29,656 | Six Months Ended June 30 | — |
| Total retail vehicles unit sales | 15,731 | Three Months Ended June 30, 2026 filing | — |
| Wholesale unit sales | 895 | Three Months Ended June 30 | — |
| Wholesale vehicles unit sales | 895 | Three Months Ended June 30, 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Auto & Truck Dealerships — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
RDNW
this stock
RideNow Group, Inc.
|
$236.41M | -10.3% | +214.9% | — | 3.4% |
|
CVNA
Carvana Co.
|
$69.42B | — | +48.6% | 44.3 | 5.7% |
|
PAG
Penske Automotive Group, Inc.
|
$13.76B | +26.7% | -0.2% | 15.2 | 3.1% |
|
RUSHA
Rush Enterprises Inc \Tx\
|
$8.40B | — | -4.7% | 32.5 | 3.7% |
|
KMX
Carmax Inc
|
$8.12B | +42.0% | -1.8% | — | 6.9% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| RDNW | -20.2% | -15.2% | -24.9% | -10.0% | -10.3% |
| SPY | +1.2% | +0.6% | +11.6% | +1.6% | +13.6% |
| vs SPY | -21.4% | -15.8% | -36.5% | -11.6% | -24.0% |