RideNow Group Inc (RDNW) is a powersports dealership group that sells new and pre-owned powersports vehicles through retail and wholesale channels across the United States. Revenue comes from four streams: vehicle sales, finance and insurance (F&I) products bundled with retail transactions, parts/service/accessories (PSA), and, until December 2025, vehicle transportation services brokered to third-party transporters. The U.S. powersports retail market is described in the FY2025 10-K as highly fragmented, with competition from franchised dealers, independent pre-owned dealers, and private parties. Total revenue was $1,082.5M in FY2025 and $1,209.2M in FY2024, with powersports vehicles the largest segment at $778.8M (FY2025). The company was incorporated in 2013 and has grown primarily through acquisitions. Michael Quartieri serves as Chairman, CEO, and President, with Joshua J. Barsetti as CFO, as of March 13, 2026. The vehicle transportation services segment was wound down in December 2025, reducing it to $8.6M revenue in FY2025 from $58.0M in FY2024.

Revenue model

Transactional revenue across four streams (FY2025): new and pre-owned powersports vehicle sales ($778.8M), parts/service/accessories ($197.8M), finance and insurance net revenue ($97.3M), and vehicle transportation services ($8.6M, discontinued for third parties in December 2025). Total gross profit was $298.0M in FY2025.

Products and services

New retail powersports vehicles ($555.5M FY2025 revenue), pre-owned retail powersports vehicles ($206.6M FY2025), wholesale vehicle sales ($16.7M FY2025), finance and insurance products bundled with vehicle sales ($97.3M FY2025), parts/service/accessories ($197.8M FY2025), and previously freight brokerage for vehicle transportation (ceased for third parties December 2025). RideNow Cash Offer is a proprietary tool for sourcing pre-owned inventory directly from customers online.

Customers and end markets

Retail consumers purchasing powersports vehicles and related services. Wholesale channel used for excess or non-retail-suitable inventory. Vehicle transportation services (now discontinued for third parties) served dealers, distributors, and private individuals. Demand is seasonal, strongest in spring and summer, weakest in winter.

Value-chain role

Franchised and independent powersports dealer acting as retailer between OEM manufacturers and end consumers. Sources new inventory from OEMs and pre-owned inventory through direct consumer purchases. Offers F&I products and aftermarket parts and service at the retail level. Previously acted as freight broker for vehicle transportation, using independent third-party transporters to fulfill delivery obligations.

Geographic exposure

United States. Specific store count and state-level breakdown not specified in the filing excerpts provided.

Competitors

Traditional franchised powersports dealers, Independent pre-owned powersports dealers, Private party sellers

Source: SEC 10-K, filed 2026-03-13

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