RideNow Group Q2 revenue fell 1.0% to $296.8 million; net income rose to $6.5 million
RideNow Group reported second-quarter 2026 results for the period ended June 30, 2026. Total revenue fell 1.0% to $296.8 million, while net income improved to $6.5 million from a net loss of $32.2 million a year earlier, which included a $34.0 million franchise rights impairment charge. The board also adopted Third Amended and Restated Bylaws, effective August 5, 2026, covering virtual stockholder meetings, universal proxy rules, and forum selection.
Key points
- Total revenue decreased 1.0% to $296.8 million from $299.9 million, which the company attributes to store consolidation and the end of its transportation services in December 2025.
- Gross profit rose 1.1% to $84.8 million, and same store powersports revenue was up 3.0%.
- Net income was $6.5 million, compared with a net loss of $32.2 million in the second quarter of 2025. Adjusted EBITDA rose 19.2% to $20.5 million.
- Bylaws effective August 5, 2026 authorize virtual meetings and electronic notice, add Rule 14a-19 universal proxy requirements, and designate Nevada and federal courts as exclusive forums.
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.