RideNow (RDNW) Gross Margin (2017 - 2025)

RideNow (RDNW) has reported Gross Margin for 9 consecutive years, with 27.6% the latest figure, recorded in Q4 2025.

• In Q4 2025, Gross Margin rose 256.0% year-over-year to 27.6%; the TTM figure through Dec 2025 stood at 27.53% (up 154.0% YoY), while the FY2025 annual figure was 27.53%, up 154.0% from the prior year.
• Gross Margin came in at 27.6% for Q4 2025 at RideNow, up from 27.05% in the prior quarter.
• The five-year high for Gross Margin was 32.3% in Q2 2022, with the low at 10.72% in Q1 2021.
• Average Gross Margin over 5 years is 24.64%, with a median of 26.92% recorded in 2023.
• Across the five-year window, Gross Margin jumped 2071 bps in 2022 and tumbled 500 bps in 2023, its largest moves.
• Year by year, Gross Margin stood at 20.94% in 2021, then soared by 33 bps to 27.88% in 2022, then dropped by 18 bps to 22.88% in 2023, then grew by 9 bps to 25.04% in 2024, then rose by 10 bps to 27.6% in 2025.
• According to Business Quant data, Gross Margin over the past three periods registered 27.6%, 27.05%, and 27.98% for Q4 2025, Q3 2025, and Q2 2025 respectively.