RDNW on Nasdaq

RideNow Group, Inc.

American computer programming services company, incorporated in Nevada.

Price unavailable

Last updated Oct 18, 2026.

Overview

$1.1BRevenue, fiscal 2025²

-$52.4MNet income, fiscal 2025²

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TickerRDNW on Nasdaq
IndustryServices-Computer Programming Services
HeadquartersNV
Incorporated inNV³
Business address2677 E Willis Road, Chandler, Az 85286³
Filer categoryNon-accelerated filer, Smaller reporting company³

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

27.5%Gross margin²

-0.0%Operating margin²

-4.8%Net margin²

-10.5%Revenue growth, 2025²

$10.3MFree cash flow²

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Powersports New Vehicles brought in 51% of the revenue RideNow Group, Inc. broke down this way in fiscal 2025.

Powersports New Vehicles$555.5M²51%down 10% from 2024
Powersports Pre-owned Vehicles$206.6M²19%up 2% from 2024
Parts And Other Revenue$197.8M²18%down 4% from 2024
Finance and Insurance$97.3M²9%down 5% from 2024
Powersports Wholesale$16.7M²2%down 31% from 2024
Vehicle Transportation Services$8.6M²1%down 85% from 2024

Products and services by year

Products and services	2024	2025
Powersports New Vehicles	$616.4M	$555.5M
Powersports Pre-owned Vehicles	$202.1M	$206.6M
Parts And Other Revenue	$206.2M	$197.8M
Finance and Insurance	$102.4M	$97.3M
Powersports Wholesale	$24.1M	$16.7M
Vehicle Transportation Services	$58.0M	$8.6M

Business segments

Powersports Dealership Group brought in 99% of the revenue RideNow Group, Inc. broke down this way in fiscal 2025.

Powersports Dealership Group$1.1B²99%down 7% from 2024
Vehicle Transportation Services$8.6M²1%down 85% from 2024

Business segments by year

Business segments	2024	2025
Powersports Dealership Group	$1.2B	$1.1B
Vehicle Transportation Services	$58.0M	$8.6M

Where the money goes

Where each dollar of revenue went, fiscal 2025

Cost of revenueSelling, general and admin

Cost of revenue72¢$784.5M
Selling, general and admin24¢$256.3M
Other costs4¢$41.4M
Income tax0¢$300.0K

Out of $1.1B in revenue.² The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

Capital spendingKept or used elsewhere

Capital spending35¢$5.6M
Kept or used elsewhere65¢$10.3M

Out of $15.9M of cash from operations.²

Financial statements

Revenue⁴⁵⁶⁷⁸⁹²$1.1B in 2025+592% since 2018

Gross profit⁴⁵⁶⁷⁸⁹²$298.0M in 2025+2100% since 2018

Operating income⁴⁵⁶⁷⁸⁹²-$200.0K in 2025−99% since 2018

Net income⁴⁵⁶⁷⁸⁹²-$52.4M in 2025+108% since 2018

Every line of the income statement in the latest annual report, as filed.²

Period ending	2025-12-31	2024-12-31
Total revenue	$1.1B	$1.2B
Total cost of revenue	$784.5M	$894.9M
Gross profit	$298.0M	$314.3M
Selling, general and administrative	$256.3M	$275.4M
Impairment of intangible assets	$34.8M	$39.3M
Depreciation and amortization	$9.0M	$14.3M
Loss (gain) on sale of assets	-$1.9M	$500.0K
Operating loss	-$200.0K	-$15.2M
Floor plan interest expense	-$11.0M	-$16.0M
Other interest expense, net	-$41.5M	-$48.1M
Other income	$600.0K	$500.0K
Total non-operating expense	-$51.9M	-$63.6M
Loss before income taxes	-$52.1M	-$78.8M
Income tax provision (benefit)	$300.0K	-$200.0K
Net loss	-$52.4M	-$78.6M
Weighted average number of common shares outstanding - basic (in shares)	38.0M shares	35.4M shares
Weighted average number of common shares outstanding - diluted (in shares)	38.0M shares	35.4M shares
Net loss per share basic (in dollars per share)	-$1.38	-$2.22
Net loss per share diluted (in dollars per share)	-$1.38	-$2.22

Total assets⁴⁵⁶⁷⁸⁹²$673.6M in 2025+518% since 2018

Total liabilities⁴⁵⁶⁷⁸⁹²$686.1M in 2025+778% since 2018

Shareholders’ equity⁵⁶⁷⁸⁹²-$12.5M in 2025

Cash⁴⁵⁶⁷⁸⁹²$29.5M in 2025+223% since 2018

Long-term debt⁵⁶⁸⁹²$207.2M in 2025+3902% since 2020

Every line of the balance sheet in the latest annual report, as filed.²

Period ending	2025-12-31	2024-12-31	2023-12-31
Cash	$29.5M	$85.3M
Restricted cash	$13.4M	$11.4M
Accounts receivable, net	$28.9M	$30.5M
Inventory, net	$257.4M	$240.6M
Prepaid expense and other current assets	$5.5M	$3.6M
Total current assets	$334.7M	$371.4M
Property and equipment, net	$60.5M	$63.5M
Right-of-use assets	$150.4M	$157.1M
Franchise rights and other intangible assets, net	$127.0M	$161.9M
Other assets	$1.0M	$1.3M
Total assets	$673.6M	$755.2M
Accounts payable and other current liabilities	$77.7M	$75.4M
Vehicle floor plan notes payable	$218.4M	$209.9M
Current portion of long-term debt	$400.0K	$39.1M
Total current liabilities	$296.5M	$324.4M
Long-term debt, net of current maturities	$207.2M	$212.0M
Operating lease liabilities	$128.0M	$129.8M
Other long-term liabilities	$54.4M	$52.3M
Total long-term liabilities	$389.6M	$394.1M
Total liabilities	$686.1M	$718.5M
Additional paid in capital	$704.1M	$700.9M
Accumulated deficit	-$712.3M	-$659.9M
Class B common stock in treasury, at cost, 123,089 shares	-$4.3M	-$4.3M
Total stockholders' equity (deficit)	-$12.5M	$36.7M	$105.6M
Total liabilities and stockholders' equity (deficit)	$673.6M	$755.2M
Common stock, shares, issued (in shares)	38.3M shares	37.8M shares
Treasury stock (in shares)	123.1K shares	123.1K shares

Cash from operations⁴⁵⁶⁷²$15.9M in 2025

Capital spending⁴⁵⁶⁷⁸⁹²$5.6M in 2025+87277% since 2018

Free cash flow⁴⁵⁶⁷²$10.3M in 2025

Every line of the cash flow in the latest annual report, as filed.²

Period ending	2025-12-31	2024-12-31
Net loss	-$52.4M	-$78.6M
Depreciation and amortization	$9.0M	$14.3M
Amortization of debt discount and issuance costs	$8.8M	$9.2M
Stock-based compensation expense	$2.1M	$4.6M
Loss (gain) on sale of assets	-$1.9M	$500.0K
Impairment of intangible assets	$34.8M	$39.3M
Deferred taxes	$0	-$400.0K
Interest paid-in-kind capitalized to debt principal	$2.5M	$1.5M
Gain on termination of leases	-$400.0K	-$900.0K
Accounts receivable	$1.6M	$19.8M
Inventory	-$16.8M	$107.9M
Prepaid expenses and other assets	-$1.6M	$2.2M
Other liabilities	$5.0M	$3.1M
Accounts payable and accrued liabilities	$1.7M	$6.2M
Floor plan trade note borrowings	$23.5M	-$29.3M
Net cash provided by operating activities	$15.9M	$99.4M
Cash used for acquisitions, net of cash received	$0	-$700.0K
Technology development	-$200.0K	-$400.0K
Proceeds from sale of assets	$3.1M	$4.0M
Purchase of property and equipment	-$5.6M	-$2.0M
Net cash provided by (used in) investing activities	-$2.7M	$900.0K
Decrease in net borrowings from non-trade floor plans	-$15.0M	-$53.0M
Proceeds from issuance of debt	$10.0M	$0
Repayments of debt	-$61.1M	-$36.0M
Net proceeds from sale of common stock in rights offerings	$0	$9.8M
Other	-$900.0K	-$1.4M
Net cash used in financing activities	-$67.0M	-$80.6M
NET CHANGE IN CASH AND RESTRICTED CASH	-$53.8M	$19.7M

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Leadership

Who has led RideNow Group, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

Chair

President

Chief financial officer

Chief operating officer

201520202025

Chief executive officerMichael Alan Quartieri Mar 12, 2025 to now¹⁴
Chief executive officerMark Tkach Sep 5, 2023 to Sep 5, 2023¹⁵
Chief executive officerMarshall Chesrown Jan 19, 2017 to Feb 6, 2023¹⁶
ChairMichael Alan Quartieri Mar 12, 2025 to now¹⁴
ChairMarshall Chesrown Jan 19, 2017 to Feb 6, 2023¹⁶
PresidentPeter Levy Apr 19, 2022 to Feb 6, 2023¹⁷
PresidentPamela Elliott Aug 14, 2015 to Aug 14, 2015¹⁸
Chief financial officerJoshua J. Barsetti Oct 24, 2025 to now¹⁹
Chief financial officerTiffany B. Kice Jul 5, 2024 to Aug 13, 2024²⁰
Chief financial officerBlake Lawson Jan 30, 2023 to Apr 25, 2024²¹
Chief financial officerNarinder Sahai Feb 22, 2022 to Apr 19, 2022²²
Chief financial officerBeverley Rath Jun 28, 2021 to Sep 3, 2021²³
Chief financial officerSteven R. Berrard Jun 8, 2017 to Aug 27, 2020²⁴
Chief operating officerCameron Tkach Jan 23, 2025 to now²⁵
Chief operating officerPeter Levy Apr 19, 2022 to Feb 6, 2023¹⁷
Chief operating officerMark Tkach Sep 15, 2021 to Jan 5, 2022²⁶

Board members and other officers (29)

Corporate ControllerBeverley Rath Apr 19, 2022 to Feb 6, 2023²⁷
Vice chairWilliam Coulter Sep 15, 2021 to Jun 1, 2022²⁸
Pres., Sec., & TreasurerMatthew A. Lane Apr 22, 2014 to Apr 22, 2014²⁹
Board memberRachel M. Richards Mar 18, 2025 to now³⁰
Board memberJohn C. Rickel Jun 6, 2025 to now³¹
Board memberMiran Maric Aug 19, 2025 to now³²
Board memberAngelo Dominick San Iii. Aug 20, 2025 to now³³
Board memberMichael Alan Quartieri Apr 25, 2024 to now³⁴
Board memberRebecca C. Polak May 17, 2023 to now³⁵
Board memberSteven J. Pully May 17, 2023 to now³⁶
Board memberMelvin Flanigan Jul 6, 2023 to Dec 7, 2023³⁷
Board memberPeter Levy Apr 19, 2022 to Feb 6, 2023¹⁷
Board memberShin Lee Jul 5, 2022 to Jul 5, 2022³⁸
Board memberMark Tkach Sep 15, 2021 to now²⁶
Board memberWilliam Coulter Sep 15, 2021 to now²⁸
Board memberSam Dantzler Dec 10, 2021 to Dec 10, 2021³⁹
Board memberMichael Marchlik May 15, 2020 to Jul 6, 2022⁴⁰
Board memberAdam Alexander Jul 22, 2020 to Aug 16, 2022⁴¹
Board memberMitch Pierce Feb 14, 2018 to May 15, 2018⁴²
Board memberJoseph E. Reece Oct 31, 2018 to Jun 6, 2019⁴³
Board memberDenmar John Dixon Jan 19, 2017 to Jul 6, 2022⁴⁴
Board memberKevin P. Westfall Jan 19, 2017 to Dec 7, 2023⁴⁵
Board memberMarshall Chesrown Feb 16, 2017 to Feb 16, 2017⁴⁶
Board memberKartik Kakarala Feb 17, 2017 to Jun 10, 2020⁴⁷
Board memberSteven R. Berrard Jun 8, 2017 to Aug 27, 2020²⁴
Board memberPamela Elliott Aug 14, 2015 to Aug 14, 2015¹⁸
Board memberMatthew A. Lane Apr 22, 2014 to Apr 22, 2014²⁹
General counselMelissa Bengtson May 6, 2025 to now⁴⁸
General counselBrandy L. Treadway Mar 15, 2024 to Apr 25, 2024⁴⁹

Former names

RumbleON, Inc.Jun 24, 2021 to Aug 12, 2025³
Smart Server, IncJan 24, 2014 to Jan 23, 2017³

Timeline

Mar 12, 2025New chief executive Michael Alan Quartieri becomes CEO¹⁴
Sep 5, 2023New chief executive Mark Tkach becomes CEO¹⁵
Jan 19, 2017New chief executive Marshall Chesrown becomes CEO¹⁶

Recent filings

Sep 28, 20268-K
Aug 11, 20268-K
Aug 11, 202610-Q
Jun 11, 20268-K
Jun 8, 20264
Jun 8, 20264
Jun 8, 20264
Jun 8, 20264
Jun 8, 20264
Jun 8, 20264
Jun 8, 20264 OWNERSHIP DOCUMENT
Jun 8, 20264 OWNERSHIP DOCUMENT
Jun 5, 20268-K
May 18, 20268-K
May 14, 20268-K

Every filing from the last three years, summarized. The full record is on SEC EDGAR.¹

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARRideNow Group, Inc. filings on SEC EDGAR
2
SEC EDGARRideNow Group, Inc. 10-K for fiscal 2025
3
SEC EDGARRideNow Group, Inc. filings on SEC EDGAR
4
SEC EDGARRideNow Group, Inc. 10-K for fiscal 2018
5
SEC EDGARRideNow Group, Inc. 10-K for fiscal 2019
6
SEC EDGARRideNow Group, Inc. 10-K for fiscal 2020
7
SEC EDGARRideNow Group, Inc. 10-K for fiscal 2021
8
SEC EDGARRideNow Group, Inc. 10-K for fiscal 2022
9
SEC EDGARRideNow Group, Inc. 10-K for fiscal 2023
10
SEC EDGARRideNow Group, Inc. 10-Q for fiscal 2025
11
SEC EDGARRideNow Group, Inc. 10-Q for fiscal 2025
12
SEC EDGARRideNow Group, Inc. 10-Q for fiscal 2026
13
SEC EDGARRideNow Group, Inc. 10-Q for fiscal 2025
14
SEC EDGARMichael Alan Quartieri, Chief executive officer
15
SEC EDGARMark Tkach, Chief executive officer
16
SEC EDGARMarshall Chesrown, Chief executive officer
17
SEC EDGARPeter Levy, President
18
SEC EDGARPamela Elliott, President
19
SEC EDGARJoshua J. Barsetti, Chief financial officer
20
SEC EDGARTiffany B. Kice, Chief financial officer
21
SEC EDGARBlake Lawson, Chief financial officer
22
SEC EDGARNarinder Sahai, Chief financial officer
23
SEC EDGARBeverley Rath, Chief financial officer
24
SEC EDGARSteven R. Berrard, Chief financial officer
25
SEC EDGARCameron Tkach, Chief operating officer
26
SEC EDGARMark Tkach, Chief operating officer
27
SEC EDGARBeverley Rath, Corporate Controller
28
SEC EDGARWilliam Coulter, Vice chair
29
SEC EDGARMatthew A. Lane, Pres., Sec., & Treasurer
30
SEC EDGARRachel M. Richards, Board member
31
SEC EDGARJohn C. Rickel, Board member
32
SEC EDGARMiran Maric, Board member
33
SEC EDGARAngelo Dominick San Iii., Board member
34
SEC EDGARMichael Alan Quartieri, Board member
35
SEC EDGARRebecca C. Polak, Board member
36
SEC EDGARSteven J. Pully, Board member
37
SEC EDGARMelvin Flanigan, Board member
38
SEC EDGARShin Lee, Board member
39
SEC EDGARSam Dantzler, Board member
40
SEC EDGARMichael Marchlik, Board member
41
SEC EDGARAdam Alexander, Board member
42
SEC EDGARMitch Pierce, Board member
43
SEC EDGARJoseph E. Reece, Board member
44
SEC EDGARDenmar John Dixon, Board member
45
SEC EDGARKevin P. Westfall, Board member
46
SEC EDGARMarshall Chesrown, Board member
47
SEC EDGARKartik Kakarala, Board member
48
SEC EDGARMelissa Bengtson, General counsel
49
SEC EDGARBrandy L. Treadway, General counsel