As a percentage of gross profit, SG&A narrowed by 2.8 percentage points to 76.7%.
Q2 FY26 results
RideNow Group posted GAAP net income of $6.5 million, reversing a loss in the second quarter of 2025.
Revenue fell 1% to $296.8 million, affected by store consolidation and the wind-down of the transportation services business at the end of December 2025.
Adjusted EBITDA (non-GAAP) rose 19.2% to $20.5 million, while gross profit increased 1.1% to $84.8 million.
Management commentary
Chairman, CEO and President Michael Quartieri highlighted progress on the company’s “back to our roots” strategy aimed at driving sustainable profit growth.