# RideNow Group, Inc. (RDNW) · Edgar & Edgarette company card

> RideNow Group (RDNW) saw revenue fall 10.5% in FY2025 to $1.1 billion, operating margin -0.0% against a 5.7% median for computer programming services, equity -1.9% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1596961 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/RDNW) · [JSON](https://www.pops4.com/boards/company/RDNW.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $1.1B |
| Revenue growth, 1 year | -10.5% |
| Revenue growth per year | 4.0% |
| Operating margin | -0.0% (prior year -1.3%) |
| Net margin | -4.8% |
| Operating cash flow | $16M |
| Capital spending | $6M |
| Free cash flow | $10M |
| Cash | $30M |
| Long-term debt | $208M |
| Total assets | $674M |
| Total equity | −$13M |
| Equity ÷ assets | -1.9% |
| Return on equity | — |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -3.1 (distress zone)
- Piotroski F: 5 of 9 (middling)
- Health Harbor boat: Rotting at the dock · four or more warning signs · filed auditor change in the last 12 months; liabilities exceed assets (often from years of share buybacks, not always distress); slow and jumpy: growing slower than its size class, with revenue that swings more; operating loss: a margin of -0.0% in FY2025; revenue is hard to predict: its 80% range is ±43%
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $1.1B (FY2025), total debt $207.6M. Experience: revenue down 10.5% on the year, up 4.0% a year over 4 years; operating margin -0.0%, up from -1.3%. Soundness: equity -1.9% of assets (liabilities exceed assets). Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $579.6M and $1.5B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $413.5M to $2.1B. A statistical range, not company guidance. Against peers (12 filers, $50M+ revenue, services-computer programming services): operating margin -0.0% against a 5.7% median; growth -10.5% against 6.7%.

Range logged 2026-09-29, receipt cf769ec07e612206, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 4.01 Auditor change: 1, latest 2026-06-11 ([filing](https://www.sec.gov/Archives/edgar/data/1596961/000162828026042513/0001628280-26-042513-index.htm))

## Recent filings

- 10-Q · filed 2026-11-10 · [filing](https://www.sec.gov/Archives/edgar/data/1596961/000162828026072747/0001628280-26-072747-index.htm)
- 8-K · filed 2026-11-10 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1596961/000162828026072738/0001628280-26-072738-index.htm)
- 8-K · filed 2026-09-28 · 1.01 Entry into a Material Definitive Agreement; 1.02 Termination of a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1596961/000162828026063662/0001628280-26-063662-index.htm)
- 10-Q · filed 2026-08-11 · [filing](https://www.sec.gov/Archives/edgar/data/1596961/000162828026055737/0001628280-26-055737-index.htm)
- 8-K · filed 2026-08-11 · 2.02 Results of Operations and Financial Condition; 5.03 Amendments to Articles or Bylaws; Change in Fiscal Year; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1596961/000162828026055728/0001628280-26-055728-index.htm)
- 8-K · filed 2026-06-11 · 4.01 Changes in Registrant's Certifying Accountant; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1596961/000162828026042513/0001628280-26-042513-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001596961.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1596961

## Cite

POPS4, Edgar & Edgarette: RideNow Group, Inc. (RDNW) company card, from the company's own SEC filings, accessed 2026-11-14, https://www.pops4.com/boards/company/RDNW. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.