Filing Flows › RideNow Group (RDNW) › Q1 2026
RideNow Group (RDNW) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
RideNow Group (RDNW) reported revenue of $260M for the first quarter 2026 (Q1 2026), +6% from a year earlier and +1% from the quarter before. Operating margin was 2.9%, net loss $4.3M (1.7% of revenue).
RideNow Group, Q1 2026: revenue $260M (+6% year over year), operating margin 2.9%, net loss $4.3M, operating cash flow −$27.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $260M | +1% | +6% |
| Operating profit | $7.6M | +41% | +100% |
| Net earnings | −$4.3M | — | — |
| Operating cash flow | −$27.6M | -7000% | — |
What changed
Revenue was $260.4M in Q1 2026, up 6% year over year and up 1% from the previous quarter. New vehicles was the largest line at 52% of revenue. New vehicles added $14.9M year over year (up 12%), 95% of the total change.
Gross margin was 27.5%, unchanged from Q1 2025. Operating profit was $7.6M, a 2.9% margin (up 1.4 points year over year). Of the extra revenue versus Q1 2025, 24% reached operating profit, above the 2% margin then. Operating expenses grew 1% against revenue growth of 6%. The quarter ended with a net loss of $4.3M, narrower than the previous quarter's $6.4M loss. Net interest and other expense of $11.8M was the main reason.
Operating cash flow was −$27.6M. Non-cash charges added back $1.9M of depreciation and amortization and $600K of share-based compensation. Working capital and other items used $25.8M. Capital expenditures of $600K exceeded it, leaving free cash flow of −$28.2M.
Questions
What was RideNow Group's revenue in the first quarter 2026?
RideNow Group (RDNW) reported revenue of $260M for the first quarter 2026 (Q1 2026), +6% from a year earlier and +1% from the quarter before.
Was RideNow Group profitable in the first quarter 2026?
Operating profit was $7.6M (2.9% of revenue) and net loss $4.3M.
Source: RideNow Group 10-Q on SEC EDGAR.