Overview
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- TickerRDNW on Nasdaq1
- IndustryServices-Computer Programming Services1
- HeadquartersChandler, Arizona1
- Incorporated inNV3
- Business address2677 E Willis Road, Chandler, Az 852863
- Filer categoryNon-accelerated filer, Smaller reporting company3
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RideNow Group, Inc. operated through two operating segments in 2024 and 2025: a powersports dealership group and a vehicle transportation services business. In December 2025, we ceased providing vehicle transportation services to third parties and now operate solely as a powersports dealership group. The Company was incorporated in 2013 and has grown primarily through acquisitions. The Company is headquartered in Chandler, Arizona and completed its initial public offering in 2017. Unless the context otherwise requires, all references in this 2025 10-K to “we,” “our,” “us,” “RideNow,” “RideNow Group,” and the “Company” refer to RideNow Group, Inc. and its consolidated subsidiaries and any predecessor entities. Prior to August 13, 2025, the Company was known as RumbleOn, Inc. In connection with our name change on August 13, 2025 and effective as of the same day, the ticker symbol for our C…5 From its latest annual report
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.
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.
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 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 spending35¢$5.6M
- Kept or used elsewhere65¢$10.3M
Out of $15.9M of cash from operations.2
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.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 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.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 |
| 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 flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.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 |
No quarter-by-quarter statement was filed.
Corporate structure
RideNow Group, Inc. sits at the top of its group. 91 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of RideNow Group, Inc.
- Stone House Capital Management, LLC Filed SCHEDULE 13D/A on RideNow Group, Inc., latest Aug 27, 2025 (9 filings since Mar 3, 2023)
- Mark Tkach Filed SCHEDULE 13D/A on RideNow Group, Inc., latest Aug 12, 2025 (13 filings since Jan 10, 2022)
- Nantahala Capital Management, LLC Filed SCHEDULE 13G/A on RideNow Group, Inc., latest Nov 14, 2024 (6 filings since Dec 28, 2022)
- FMR LLC Filed SC 13G/A on RideNow Group, Inc., latest Jan 10, 2024 (3 filings since Oct 11, 2022)
- Ophir Asset Management Pty Ltd Filed SC 13G/A on RideNow Group, Inc., latest Nov 29, 2023 (2 filings since Feb 14, 2022)
- Hood River Capital Management LLC Filed SC 13G/A on RideNow Group, Inc., latest Jun 1, 2022 (2 filings since Jan 28, 2022)
- William Coulter Filed SC 13D/A on RideNow Group, Inc., latest Jan 10, 2022
- DRIEHAUS CAPITAL MANAGEMENT LLC Filed SC 13G/A on RideNow Group, Inc., latest Oct 4, 2021
- RideNow Group, Inc. Chandler, Arizona
- America’s Powersports, Inc. Subsidiary · Delaware, United States
- APS Austin Holdings, LLC Subsidiary · Texas, United States
- APS of Georgetown, LLC Subsidiary · Delaware, United States
- APS of Ohio, LLC Subsidiary · Delaware, United States
- APS of Oklahoma LLC Subsidiary · Delaware, United States
- APS of Texas LLC Subsidiary · Delaware, United States
- APS Texas Holdings, LLC Subsidiary · Texas, United States
- AutoSport USA, Inc. Subsidiary · Delaware, United States
- Bayou Motorcycles, LLC Subsidiary · Louisiana, United States
- BJ Motorsports, LLC Subsidiary · Nevada, United States
- C&W Motors, Inc. Subsidiary · Arizona, United States
- CMG Powersports, Inc. Subsidiary · Delaware, United States
- Coyote Motorsports-Allen, Ltd. Subsidiary · Texas, United States
- Coyote Motorsports-Garland, Ltd. Subsidiary · Texas, United States
- DHD Allen, L.L.C. Subsidiary · Texas, United States
- DHD Garland, LLC Subsidiary · Texas, United States
- DLV Motorcycles, LLC Subsidiary · Nevada, United States
- EA Powersports Hurst LLC Subsidiary · Texas, United States
- East Valley Motorcycles, LLC Subsidiary · Arizona, United States
- ECHD Motorcycles, LLC Subsidiary · California, United States
- Fort Thunder 355 Holdings, Inc. Subsidiary · Delaware, United States
- FPS RE Athens, LLC Subsidiary · Delaware, United States
- FPS RE Burleson, LLC Subsidiary · Texas, United States
- FPS RE McDonough, LLC Subsidiary · Texas, United States
- FPS RE McKinney, LLC Subsidiary · Texas, United States
- and 65 more
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What RideNow Group, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Finance-lease assets | $42.0M2 Dec 31, 2025 | $43.8M2 Dec 31, 2024 | −4.1% |
| Operating-lease assets (leased space) | $150.4M2 Dec 31, 2025 | $157.1M2 Dec 31, 2024 | −4.3% |
Real estate and locations
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $29.5M2 Dec 31, 2025 | $85.3M2 Dec 31, 2024 | −65.4% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $02 Dec 31, 2025 | $800.0K2 Dec 31, 2024 | −100.0% |
| Intangible assets, net (excluding goodwill) | $127.0M2 Dec 31, 2025 | $161.9M2 Dec 31, 2024 | −21.6% |
| Indefinite-lived intangibles (excluding goodwill) | $161.0M11 Dec 31, 2024 | $199.7M11 Dec 31, 2023 | −19.4% |
| Finite-lived intangibles, gross | $10.9M11 Dec 31, 2024 | $23.8M11 Dec 31, 2023 | −54.2% |
| Accumulated amortization | $10.8M11 Dec 31, 2024 | $21.0M11 Dec 31, 2023 | −48.6% |
| Finite-lived intangibles, net | $02 Dec 31, 2025 | $100.0K2 Dec 31, 2024 | −100.0% |
Inventory
Properties, in its own words
Our corporate headquarters is located at 2677 E. Willis Road, Chandler, Arizona 85286. We lease this facility under a multi-year agreement with renewal options, and we believe it is suitable and adequate for our current operations. In addition, at December 31, 2025, we operated 48 powersports dealership locations from leased facilities as follows:
State · # of Dealerships
The rest of Item 2
Alabama · 1
Arizona · 12
Florida · 8
Georgia(1) · 2
Kansas · 1
Massachusetts · 1
Nevada · 3
North Carolina · 1
Ohio · 1
Oklahoma · 1
Texas(2) · 15
Washington · 2
Total · 48
(1) One of these dealership locations is being accounted for as a finance lease.
(2) Six of these dealership locations are being accounted for as a finance lease.
Item 2 of the 10-K filed Mar 13, 2026.5
Leadership
Who has led RideNow Group, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
201520202025
- Chief executive officerMichael Alan Quartieri Mar 12, 2025 to now16
- Chief executive officerMark Tkach Sep 5, 2023 to Sep 5, 202317
- Chief executive officerMichael W. Kennedy Nov 13, 2023 to Dec 15, 202318
- Chief executive officerMarshall Chesrown Jan 19, 2017 to Feb 6, 202319
- ChairMichael Alan Quartieri Mar 12, 2025 to now16
- ChairMarshall Chesrown Jan 19, 2017 to Feb 6, 202319
- PresidentPamela Elliot Aug 14, 2015 to Aug 14, 201520
- Chief financial officerJoshua J. Barsetti Oct 24, 2025 to now21
- Chief financial officerTiffany B. Kice Jul 5, 2024 to Aug 13, 202422
- Chief financial officerBlake Lawson Jan 30, 2023 to Apr 25, 202423
- Chief financial officerNarinder Sahai Feb 22, 2022 to Apr 19, 202224
- Chief financial officerBeverley Rath Jun 28, 2021 to Sep 3, 202125
- Chief financial officerSteven R. Berrard Jun 8, 2017 to Aug 27, 202026
- Chief operating officerCameron Tkach Jan 23, 2025 to now27
- Chief operating officerMark Tkach Sep 15, 2021 to Jan 5, 202228
Board members and other officers (30)
- Corporate ControllerBeverley Rath Apr 19, 2022 to Feb 6, 202329
- Vice chairWilliam Coulter Sep 15, 2021 to Jun 1, 202230
- Pres., Sec., & TreasurerMatthew A. Lane Apr 22, 2014 to Apr 22, 201431
- Board memberRachel M. Richards Mar 18, 2025 to now32
- Board memberJohn C. Rickel Jun 6, 2025 to now33
- Board memberMiran Maric Aug 19, 2025 to now34
- Board memberAngelo Dominick San Iii. Aug 20, 2025 to now35
- Board memberMichael Alan Quartieri Apr 25, 2024 to now36
- Board memberRebecca C. Polak May 17, 2023 to now37
- Board memberSteven J. Pully May 17, 2023 to now38
- Board memberMelvin Flanigan Jul 6, 2023 to Dec 7, 202339
- Board memberMichael W. Kennedy Nov 13, 2023 to Dec 15, 202318
- Board memberShin Lee Jul 5, 2022 to Jul 5, 202240
- Board memberMark Tkach Sep 15, 2021 to now28
- Board memberWilliam Coulter Sep 15, 2021 to now30
- Board memberSam Dantzler Dec 10, 2021 to Dec 10, 202141
- Board memberMichael Marchlik May 15, 2020 to Jul 6, 202242
- Board memberAdam Alexander Jul 22, 2020 to Aug 16, 202243
- Board memberMitch Pierce Feb 14, 2018 to May 15, 201844
- Board memberRichard A. Gray Jr. Feb 21, 2018 to Sep 3, 202145
- Board memberJoseph E. Reece Oct 31, 2018 to Jun 6, 201946
- Board memberDenmar John Dixon Jan 19, 2017 to Jul 6, 202247
- Board memberKevin P. Westfall Jan 19, 2017 to Dec 7, 202348
- Board memberMarshall Chesrown Feb 16, 2017 to Feb 16, 201749
- Board memberKartik Kakarala Feb 17, 2017 to Jun 10, 202050
- Board memberSteven R. Berrard Jun 8, 2017 to Aug 27, 202026
- Board memberPamela Elliot Aug 14, 2015 to Aug 14, 201520
- Board memberMatthew A. Lane Apr 22, 2014 to Apr 22, 201431
- General counselMelissa Bengtson May 6, 2025 to now51
- General counselBrandy L. Treadway Mar 15, 2024 to Apr 25, 202452
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- APS Austin Holdings, LLC Texas4
- APS Texas Holdings, LLC Texas4
- APS of Georgetown, LLC Delaware4
- APS of Ohio, LLC Delaware4
- APS of Oklahoma LLC Delaware4
- APS of Texas LLC Delaware4
- America’s Powersports, Inc. Delaware4
- AutoSport USA, Inc. Delaware4
- BJ Motorsports, LLC Nevada4
- Bayou Motorcycles, LLC Louisiana4
- C&W Motors, Inc. Arizona4
- CMG Powersports, Inc. Delaware4
- Coyote Motorsports-Allen, Ltd. Texas4
- Coyote Motorsports-Garland, Ltd. Texas4
- DHD Allen, L.L.C. Texas4
- DHD Garland, LLC Texas4
- DLV Motorcycles, LLC Nevada4
- EA Powersports Hurst LLC Texas4
- ECHD Motorcycles, LLC California4
- East Valley Motorcycles, LLC Arizona4
- FPS RE Athens, LLC Delaware4
- FPS RE Burleson, LLC Texas4
- FPS RE McDonough, LLC Texas4
- FPS RE McKinney, LLC Texas4
All 90 listed subsidiaries
- Fort Thunder 355 Holdings, Inc. Delaware4
- Freedom Powersports Canton, LLC Delaware4
- Freedom Powersports Dallas, LLC Texas4
- Freedom Powersports Decatur, LLC Texas4
- Freedom Powersports Denton, LLC Texas4
- Freedom Powersports Farmers Branch, LLC Texas4
- Freedom Powersports Fort Worth, LLC Texas4
- Freedom Powersports Huntsville, LLC Alabama4
- Freedom Powersports Johnson County, LLC Texas4
- Freedom Powersports Lewisville LLC Texas4
- Freedom Powersports McDonough, LLC Delaware4
- Freedom Powersports McKinney LLC Texas4
- Freedom Powersports Real Estate LLC Texas4
- Freedom Powersports, LLC Texas4
- Fun Center 355 Holdings, Inc. Delaware4
- Georgetown 355 Holdings, Inc. Delaware4
- Glendale Motorcycles, LLC Arizona4
- INDTUC, LLC Arizona4
- IOT Motorcycles, LLC Arizona4
- JJB Properties, L.L.C. Arizona4
- Metro Motorcycle, Inc. Arizona4
- NextGen Pro, LLC Delaware4
- North County 355 Holdings, Inc. Delaware4
- Powder Keg 355 Holdings, Inc. Delaware4
- RHND Ocala, LLC Florida4
- RMBL Express, LLC Delaware4
- RMBL Missouri, LLC Delaware4
- RMBL Texas, LLC Delaware4
- RN Tri-Cities, LLC Washington4
- RN-Gainesville, LLC Florida4
- RNAJ LLC Arizona4
- RNKC LLC Kansas4
- RNMC Daytona, LLC Florida4
- RO Fairwinds, LLC Florida4
- ROF SPV I, LLC Delaware4
- Ride Now 5 Allen, LLC Texas4
- Ride Now, LLC Nevada4
- Ride Now-Carolina, LLC North Carolina4
- Ride USA, L.L.C. Florida4
- RideNow Experience LLC Delaware4
- RideNow Fairfield LLC Ohio4
- RideNow Fulfillment Texas LLC Delaware4
- RideNow Indianapolis LLC Delaware4
- RideNow Massachusetts LLC Delaware4
- RideNow National Holdings, LLC Nevada4
- RideNow Parts LLC Nevada4
- RideNow Powersports East Bay LLC Nevada4
- RideNow Powersports Philadelphia, LLC Delaware4
- RideNow Powersports San Diego LLC Nevada4
- RideNow Powersports Tallahassee LLC Florida4
- RideNow Powersports Temecula LLC Nevada4
- RideNow Powersports Tracy LLC Nevada4
- RideNow Rentals, LLC Florida4
- RumbleOn Dealers, Inc. Delaware4
- RumbleOn Finance, LLC Nevada4
- Rumbleon Tennessee, LLC Delaware4
- San Diego House Of Motorcycles, LLC California4
- TC Motorcycles, LLC Florida4
- Team RumbleOn, LLC Nevada4
- Top Cat Enterprises, L.L.C. Arizona4
- Tucson Motorcycles, Inc. Arizona4
- Tucson Motorsports Inc. Arizona4
- Wholesale Express, LLC Tennessee4
- Wholesale, Inc. Tennessee4
- Woods Fun Center, LLC Texas4
- YSA Motorsports, LLC Arizona4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
Timeline
- Sep 28, 20268-K Entered a material agreement; Ended a material agreement; New debt or obligation53
- Aug 11, 20268-K Results of operations; Bylaws or fiscal year changed54
- Jun 11, 20268-K Change of auditor55
- Jun 5, 20268-K Shareholder vote56
- May 18, 20268-K Entered a material agreement; New debt or obligation57
- May 14, 20268-K Results of operations58
- Mar 9, 20268-K Results of operations59
- Nov 4, 20258-K Results of operations60
- Oct 20, 20258-K Executive or director change61
- Aug 28, 20258-K Entered a material agreement; New debt or obligation; Unregistered sale of shares62
- Aug 11, 20258-K Entered a material agreement; Results of operations; New debt or obligation63
- Jun 6, 20258-K Executive or director change; Shareholder vote64
- Mar 12, 2025New chief executive Michael Alan Quartieri becomes CEO16
- Nov 13, 2023New chief executive Michael W. Kennedy becomes CEO18
- Sep 5, 2023New chief executive Mark Tkach becomes CEO17
- Jan 19, 2017New chief executive Marshall Chesrown becomes CEO19
Calendar
Coming up
- Nov 3, 2026Reports results for the quarter ending Sep/202665
When it reported results
- Aug 11, 2026Reported quarterly or annual results54
- May 14, 2026Reported quarterly or annual results58
- Mar 9, 2026Reported quarterly or annual results59
- Nov 4, 2025Reported quarterly or annual results60
- Aug 11, 2025Reported quarterly or annual results63
- May 7, 2025Reported quarterly or annual results66
- Mar 11, 2025Reported quarterly or annual results67
- Nov 12, 2024Reported quarterly or annual results68
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
347 filings to the SEC since October 2021: 6 annual reports, 16 quarterly reports, 95 major events, 129 insider forms, 37 large holders, 64 other. The latest 20:
- Sep 28, 20268-K EDGAR
- Aug 11, 202610-Q EDGAR
- Aug 11, 20268-K EDGAR
- Jun 11, 20268-K EDGAR
- Jun 8, 20264 EDGAR
- Jun 8, 20264 EDGAR
- Jun 8, 20264 EDGAR
- Jun 8, 20264 EDGAR
- Jun 8, 20264 EDGAR
- Jun 8, 20264 EDGAR
- Jun 8, 20264 OWNERSHIP DOCUMENT EDGAR
- Jun 8, 20264 OWNERSHIP DOCUMENT EDGAR
- Jun 5, 20268-K EDGAR
- May 18, 20268-K EDGAR
- May 14, 202610-Q EDGAR
- May 14, 20268-K EDGAR
- Apr 24, 2026ARS EDGAR
- Apr 24, 2026DEF 14A PROXY STATEMENT EDGAR
- Apr 16, 20264 EDGAR
- Mar 20, 20264 EDGAR
The 347 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
27 open-market trades by officers, directors and large owners since October 2021: 23 buys and 4 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Apr 1, 2025 | Tkach CameronExecutive Vice President, COO | Sale | 685 | $2.78 | $1.9K | Form 4 |
| Mar 19, 2025 | Tkach CameronExecutive Vice President, COO | Sale | 1,553 | $3.10 | $4.8K | Form 4 |
| Jan 2, 2025 | Tkach CameronExecutive Vice President, COO | Sale | 745 | $4.92 | $3.7K | Form 4 |
| Dec 19, 2024 | Cohen Mark AlexanderDirector | Buy | 349,333 | $4.18 | $1.5M | Form 4 |
| Dec 8, 2023 | Stone House Capital Management, LLC | Buy | 1,721,645 | $5.50 | $9.5M | Form 4 |
| Dec 8, 2023 | Tkach MarkDirector | Buy | 860,822 | $5.50 | $4.7M | Form 4 |
| Dec 8, 2023 | Coulter WilliamDirector | Buy | 860,822 | $5.50 | $4.7M | Form 4 |
| Jun 27, 2023 | Stone House Capital Management, LLC | Buy | 125,000 | $10.93 | $1.4M | Form 4 |
| Jun 26, 2023 | Stone House Capital Management, LLC | Buy | 25,000 | $10.44 | $261.0K | Form 4 |
| Jun 23, 2023 | Stone House Capital Management, LLC | Buy | 50,000 | $11.07 | $553.5K | Form 4 |
| Jun 21, 2023 | Stone House Capital Management, LLC | Buy | 50,000 | $11.13 | $556.5K | Form 4 |
| Jun 20, 2023 | Stone House Capital Management, LLC | Buy | 125,000 | $10.58 | $1.3M | Form 4 |
| Jun 16, 2023 | Stone House Capital Management, LLC | Buy | 75,000 | $9.77 | $732.8K | Form 4 |
| Apr 11, 2023 | Stone House Capital Management, LLC | Buy | 50,000 | $8.21 | $410.5K | Form 4 |
| Aug 15, 2022 | Alexander AdamDirector | Buy | 1,717 | $26.12 | $44.8K | Form 4 |
| May 31, 2022 | Tkach MarkDirector | Buy | 30,000 | $15.91 | $477.3K | Form 4 |
| May 27, 2022 | Coulter WilliamDirector | Buy | 30,377 | $16.51 | $501.5K | Form 4 |
| May 23, 2022 | Dixon Denmar JohnDirector | Buy | 5,000 | $14.35 | $71.8K | Form 4 |
| May 20, 2022 | Levy PeterPresident and COO | Buy | 6,500 | $14.60 | $94.9K | Form 4 |
| May 20, 2022 | Marchlik MichaelDirector | Buy | 2,226 | $14.76 | $32.9K | Form 4 |
All 27 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Stone House Capital Management, LLCSCHEDULE 13D/A, 9 filings Mar 3, 2023 to Aug 27, 202569
- Mark TkachSCHEDULE 13D/A, 13 filings Jan 10, 2022 to Aug 12, 202570
- Nantahala Capital Management, LLCSCHEDULE 13G/A, 6 filings Dec 28, 2022 to Nov 14, 202471
- FMR LLCSC 13G/A, 3 filings Oct 11, 2022 to Jan 10, 202472
- Ophir Asset Management Pty LtdSC 13G/A, 2 filings Feb 14, 2022 to Nov 29, 202373
- Hood River Capital Management LLCSC 13G/A, 2 filings Jan 28, 2022 to Jun 1, 202274
- William CoulterSC 13D/A, 1 filing Jan 10, 202275
- DRIEHAUS CAPITAL MANAGEMENT LLCSC 13G/A, 1 filing Oct 4, 202176
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Michael Quartieri | 57 | $494.7K | $3.3M77 |
| 2025 | Cameron Tkach | 35 | $417.8K | $1.4M77 |
| 2025 | Melissa Bengtson | 49 | $276.9K | $985.2K77 |
| 2025 | Michael Kennedy | $32.3K | $600.2K77 | |
| 2024 | Former ChiefExecutive Officer | $525.0K | $540.4K77 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 58. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How RideNow Group, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARRideNow Group, Inc.1
- CIK0001596961
- Employer ID (EIN)46-39513295
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company5
- Incorporated inNevada5
- Fiscal year endsDecember 311
- Industry code (SIC)7371 Services-Computer Programming Services1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business address2677 E Willis Road, Chandler, AZ 852861
- Phone480-755-52001
- Shares outstanding38,361,703 Common Class B shares; 50,000 Common Class A shares as of Mar 2, 20265
- Public float$39.0M as of Jun 30, 20255
- AuditorBDO USA, P.C., Dallas, Texas PCAOB ID 243; no auditor attestation of internal control over financial reporting5
- On EDGAR sinceJan 24, 20141
- Filings771 in all: 4 (218), 8-K (189), 10-Q (38), 3 (37), CORRESP (20), DEFA14A (19), UPLOAD (19), EFFECT (18)1
All 53 form types
SC 13D/A (16), SC 13G/A (14), D (13), S-3 (13), 10-K (12), 424B5 (11), SC 13G (11), DEF 14A (10), S-8 (9), 4/A (8), S-1/A (7), SC 13D (7), 424B3 (6), 8-K/A (6), NT 10-Q (6), DFAN14A (5), NT 10-K (5), S-1 (5), S-3/A (5), SCHEDULE 13D/A (5), 5 (4), ARS (4), 10-K/A (3), 10-Q/A (2), DEF 14C (2), PRE 14A (2), PRE 14C (2), PREC14A (2), S-3MEF (2), 144 (1), 3/A (1), 424B2 (1), 424B4 (1), 8-A12B (1), 8-A12G (1), 8-A12G/A (1), CERTNAS (1), CT ORDER (1), DEFM14A (1), FWP (1), POS AM (1), PREM14A (1), PRER14A (1), PRRN14A (1), SCHEDULE 13G/A (1)
- Latest filingsAnnual report (10-K) Mar 13, 2026
Quarterly report (10-Q) Aug 11, 2026
Proxy statement (DEF 14A) Apr 24, 2026
Latest 8-K (8-K) Sep 28, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Class B common stock, $0.001 par value | RDNW | The Nasdaq Stock Market LLC |
From the cover page of the 10-K filed Mar 13, 2026 (Section 12(b) of the Exchange Act).5
Risk factors and legal proceedings
The risks RideNow Group, Inc. names in Item 1A of its 10-K filed Mar 13, 2026: 37 risks under these headings, as written.5
- Business and Operational Risks
- We may not be able to acquire sufficient powersports inventory to satisfy consumer demand or our expectations for the business.
- Our success depends in part on our ability to grow our business both organically and through strategic acquisitions, and our plans and strategies may not be realized.
- We depend on key personnel to operate our business, and if we are unable to retain, attract, and integrate qualified personnel, our ability to develop and successfully grow our business could be harmed.
- We rely on third-party financing providers to finance a substantial portion of our customers' powersports vehicle purchases and to supply extended protection products (“EPP”) to our customers.
- The success of our business relies heavily on our marketing and branding efforts and our ability to attract new customers, and these efforts may not be successful.
- Adverse conditions affecting one or more of the powersports manufacturers with which we hold franchises, or their inability to deliver a desirable mix of vehicles, could have a material adverse effect on our new and pre-owned powersports vehicle retail business.
- We are dependent on our relationships with the manufacturers of powersports vehicles we sell and are subject to restrictions imposed by these vehicle manufacturers. Any of these restrictions or any changes or deterioration of these relationships could have a material adverse effect on our business, financial condition, results of operations, and cash flows.
- We may be subject to product liability claims if people or property are harmed by the products we sell, and we may be adversely impacted by manufacturer safety recalls.
- Natural disasters, adverse weather and other events can disrupt our business.
- Failure to adequately protect our intellectual property could harm our business and operating results.
- Concentration of leases with entities controlled by our directors exposes us to counterparty and governance risks.
The other 26 risks
- Discontinuation of our transportation brokerage services may expose us to residual liabilities, transition costs, and the loss of historical revenue and profit contribution.
- Financial Risks
- We have incurred significant indebtedness, which could adversely affect us, including our business flexibility.
- To service our indebtedness, we require a significant amount of cash. Our ability to generate cash depends on many factors beyond our control.
- We may require additional financing or capital to pursue acquisitions or because of unforeseen circumstances. If financing or capital is not available on terms acceptable to us or at all, we may not be able to develop and grow our business as anticipated and our business, operating results, and financial condition may be harmed.
- Our purchases of new and pre-owned powersports vehicles are financed primarily through floor plan facilities, which may be reduced or terminated.
- We are subject to interest rate risk in connection with our floor plan payables and our other debt instruments that could have a material adverse effect on our profitability.
- Industry Risks
- The powersports industry is sensitive to unfavorable changes in general economic conditions and various other factors that could affect demand for our products and services, which could have a material adverse effect on our business, our ability to implement our strategy and our results of operations.
- Changes in trade policies, including the imposition of tariffs, may have a material adverse impact on the Company’s business, results of operations and profitability.
- We participate in a highly competitive market for powersports products and services, and pressure from existing and new companies may adversely affect our business and operating results.
- If powersports vehicle manufacturers reduce or discontinue sales incentive, warranty, or other promotional programs, our financial condition, results of operations, and cash flows may be materially adversely affected.
- Seasonality or weather trends may cause fluctuations in our revenue and operating results.
- Technology Risks
- We rely on Internet search engines to drive traffic to our website, and if we fail to appear prominently in the search results, our traffic would decline, and our business would be adversely affected.
- A significant disruption in service on our websites could damage our reputation and result in a loss of consumers, which could harm our business, brand, operating results, and financial condition.
- We and our third-party providers are exposed to cybersecurity risks and incidents which may interrupt our operations, compromise our reputation, expose us to litigation, government enforcement actions and costly response measures and could have a material adverse effect on our business, financial condition and results of operations.
- We collect, process, store, share, disclose and use Personal Information, and any actual or perceived failure to comply with new or existing laws, regulations and other requirements relating to the privacy, security, and processing of Personal Information could damage our reputation and brand and harm our business and operating results.
- Regulatory and Government Risks
- If state laws that protect powersports retailers are repealed, or weakened, our retail locations may be more susceptible to termination, non-renewal, or renegotiation of their dealer agreements, which could have a material adverse effect on our business, results of operations, and financial condition.
- We operate in a highly regulated industry and are subject to a wide range of federal, state and local laws and regulations. Failure to comply with current or new laws and regulations could have a material adverse effect on our business, results of operations, financial condition, cash flows and reputation.
- Environmental Laws and Regulations.
- Consumer Protection and Unfair Trade Practice Laws and Regulations.
- We are subject to various legal proceedings. If the outcomes of these proceedings are adverse to us, it could have a material adverse effect on our business, results of operations and financial condition.
- Risks Related to Ownership of our Class B Common Stock
- Our largest stockholders may have the ability to exert substantial influence over actions to be taken or approved by our stockholders.
- The market price of our Class B common stock has been, and may continue to be, highly volatile and could be subject to wide fluctuations in response to various factors, some of which are beyond our control.
- If securities analysts issue adverse or misleading opinions regarding our stock or cease to publish research or reports about our business, our stock price and trading volume could decline.
- We do not currently or for the foreseeable future intend to pay dividends on our Class B common stock.
- We are currently subject to reduced reporting requirements so long as we are considered a “smaller reporting company” and we cannot be certain if the reduced disclosure requirements applicable to smaller reporting companies will make our Class B common stock less attractive to investors.
- Anti-takeover provisions may limit the ability of another party to acquire us, which could adversely impact our stock price.
Legal proceedings
We are not a party to any material legal proceedings as set forth in Item 103 of Regulation S-K, other than ordinary routine litigation incidental to our business and as set forth below.
SEC Investigation
On June 28, 2024, the Company received a subpoena from the SEC requesting documents created during or relating to the period from January 1, 2021 through the date of the subpoena. The subpoena covers documents relating to, among other matters, the Company’s previously disclosed internal investigation into the use of Company resources by former Chairman and CEO Marshall Chesrown; the Company’s review, consideration and approval, and the underlying terms of, related party transactions; employment, compensation, reimbursement and severance arrangements; and disclosures and communications to customers and investors regarding the company’s RideNow Cash Offer tool. The Company intends to continue responding to any information requests and otherwise cooperate with the SEC’s inquiry.
The Company cannot predict the ultimate outcome or timing of the SEC investigation, what, if any, actions may be taken by the SEC or the effect that such actions may have on the business, prospects, operating results and financial condition of the Company.
The opening of Item 3, Legal Proceedings.5
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 17SEC EDGARMark Tkach, Chief executive officer
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- 20SEC EDGARPamela Elliot, President
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- 28SEC EDGARMark Tkach, Chief operating officer
- 29SEC EDGARBeverley Rath, Corporate Controller
- 30SEC EDGARWilliam Coulter, Vice chair
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- 32SEC EDGARRachel M. Richards, Board member
- 33SEC EDGARJohn C. Rickel, Board member
- 34SEC EDGARMiran Maric, Board member
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- 36SEC EDGARMichael Alan Quartieri, Board member
- 37SEC EDGARRebecca C. Polak, Board member
- 38SEC EDGARSteven J. Pully, Board member
- 39SEC EDGARMelvin Flanigan, Board member
- 40SEC EDGARShin Lee, Board member
- 41SEC EDGARSam Dantzler, Board member
- 42SEC EDGARMichael Marchlik, Board member
- 43SEC EDGARAdam Alexander, Board member
- 44SEC EDGARMitch Pierce, Board member
- 45SEC EDGARRichard A. Gray Jr., Board member
- 46SEC EDGARJoseph E. Reece, Board member
- 47SEC EDGARDenmar John Dixon, Board member
- 48SEC EDGARKevin P. Westfall, Board member
- 49SEC EDGARMarshall Chesrown, Board member
- 50SEC EDGARKartik Kakarala, Board member
- 51SEC EDGARMelissa Bengtson, General counsel
- 52SEC EDGARBrandy L. Treadway, General counsel
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- 55SEC EDGARChange of auditor
- 56SEC EDGARShareholder vote
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- 58SEC EDGARResults of operations
- 59SEC EDGARResults of operations
- 60SEC EDGARResults of operations
- 61SEC EDGARExecutive or director change
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