RideNow (RDNW) Operating Margin (2017 - 2025)

RideNow (RDNW) has reported Operating Margin for 9 consecutive years, with 2.1% the latest figure, recorded in Q4 2025.

• In Q4 2025, Operating Margin rose 1735.0% year-over-year to 2.1%; the TTM figure through Dec 2025 stood at 0.02% (up 124.0% YoY), while the FY2025 annual figure was 0.02%, up 124.0% from the prior year.
• Operating Margin came in at 2.1% for Q4 2025 at RideNow, down from 3.35% in the prior quarter.
• The five-year high for Operating Margin was 7.53% in Q2 2022, with the low at 98.95% in Q4 2022.
• Average Operating Margin over 5 years is 6.01%, with a median of 1.0% recorded in 2021.
• Across the five-year window, Operating Margin sank 10264 bps in 2022 and surged 7664 bps in 2023, its largest moves.
• Year by year, Operating Margin stood at 3.69% in 2021, then tumbled by 2780 bps to 98.95% in 2022, then soared by 77 bps to 22.3% in 2023, then jumped by 32 bps to 15.24% in 2024, then surged by 114 bps to 2.1% in 2025.
• According to Business Quant data, Operating Margin over the past three periods registered 2.1%, 3.35%, and 6.27% for Q4 2025, Q3 2025, and Q2 2025 respectively.