RDNW · XBRL financial data
RideNow Group financial statements, every fiscal year
The same tables from 8 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (RDNW's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | †Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 416 | 938 | 1,793 | — | — | — |
| Revenue from contracts with customers | 416 | 938 | 1,793 | 1,366 | 1,209 | 1,083 |
| Cost of revenue | 385 | 780 | 1,341 | 1,007 | 895 | 785 |
| Gross profit | 32 | 158 | 453 | 360 | 314 | 298 |
| Research and development | 1 | — | — | — | — | — |
| Selling, general and administrative | 54 | 164 | 366 | 347 | 275 | 256 |
| General and administrative | 18 | 41 | 66 | 44 | 32 | 30 |
| Operating income (loss) | (19) | (9) | (287) | (70) | (15) | (0) |
| Interest expense | (7) | 16 | 54 | 77 | — | — |
| Other income (expense) | — | 0 | 4 | (8) | 0 | 1 |
| Income tax expense (benefit) | 0 | (22) | (73) | 59 | (0) | 0 |
| Net income (loss) | (25) | (10) | (262) | (216) | (79) | (52) |
| Earnings per share, basic‡ USD per share | (228.80) | (1.41) | (16.48) | (12.15) | (2.22) | (1.38) |
| Earnings per share, diluted USD per share | (11.44) | (1.41) | (16.48) | (12.15) | (2.22) | (1.38) |
| Weighted average shares, basic‡ millions of shares | 0 | 7 | 16 | 18 | 35 | 38 |
| Weighted average shares, diluted millions of shares | 2 | 7 | 16 | 18 | 35 | 38 |
- † Share count changed about 2x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Balance sheet
CSVFiscal years (RDNW's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | †Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 1 | 49 | 49 | 59 | 85 | 30 |
| Accounts receivable | 9 | 40 | 34 | 50 | 31 | 29 |
| Inventory | 21 | 202 | 332 | 348 | 241 | 257 |
| Prepaid and other current assets | 3 | — | — | — | — | — |
| Total current assets | 38 | 300 | 431 | 481 | 371 | 335 |
| Property and equipment, net | 7 | 21 | 76 | — | — | — |
| Right-of-use asset | 6 | 133 | 162 | 164 | 157 | 150 |
| Goodwill | 27 | 261 | 21 | 1 | 1 | 0 |
| Total assets | 77 | 1,028 | 1,027 | 926 | 755 | 674 |
| Accounts payable | 13 | — | — | — | — | — |
| Accrued liabilities | 0 | — | — | — | — | — |
| Current portion of long-term debt | 21 | — | 224 | 327 | 39 | 0 |
| Total current liabilities | 35 | 179 | 312 | 395 | 324 | 297 |
| Long-term debt | — | — | 374 | 287 | 212 | 207 |
| Lease liability, non-current | 5 | 115 | 127 | 134 | 130 | 128 |
| Total liabilities | 72 | 596 | 821 | 821 | 719 | 686 |
| Accumulated deficit | (104) | (114) | (376) | (591) | (660) | (712) |
| Total stockholders' equity | 5 | 432 | 206 | 106 | 37 | (13) |
| Total liabilities and equity | 77 | 1,028 | 1,027 | 926 | 755 | 674 |
- † Share count changed about 2x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Cash flows
CSVFiscal years (RDNW's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | †Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | (25) | (10) | (262) | (216) | (79) | (52) |
| Stock-based compensation | 3 | 29 | 9 | 12 | 5 | 2 |
| Depreciation and amortization | — | 6 | 23 | 22 | 14 | 9 |
| Net cash from operating activities | 17 | (32) | (19) | — | 99 | 16 |
| Purchases of property and equipment | 0 | 6 | 6 | 14 | 2 | 6 |
| Net cash from investing activities | (2) | (379) | (82) | (19) | 1 | (3) |
| Proceeds from issuing common stock | 11 | 191 | 0 | 98 | 10 | 0 |
| Proceeds from long-term debt | — | — | — | — | 0 | 10 |
| Net cash from financing activities | (18) | 459 | 108 | — | (81) | (67) |
| Net change in cash | (3) | 48 | 7 | 18 | 20 | (54) |
- † Share count changed about 2x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Compare with peers
SIC 7371 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 7371 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| RideNow Group | 47 | 297 | (0.1)* | not reported | 467.0 quarters | 10-QJun 30, 2026 |
| Veea | 1.9 | 0.2 | (5.9)* | 62.2M | 0.3 quarters | 10-QJun 30, 2026 |
| Cloudastructure | 3.8 | 1.2 | (1.9)* | not reported | 2.0 quarters | 10-QJun 30, 2026 |
| Healthcare Triangle | 1.9 | 9.2 | (0.8)* | 15.0M | 2.3 quarters | 10-QJun 30, 2026 |
| Avai Bio | 0.1 | not reported | (0.4) | 153.9M | 0.2 quarters | 10-QJun 30, 2026 |
| Nixxy | 0.3 | 16 | (1)* | 28.9M | 1.8 quarters | 10-QJun 30, 2026 |
| Golden Matrix Group | 17 | 50 | 7.8* | 12.7M | — | 10-QJun 30, 2026 |
| Airwa | 11 | 21 | 28 | 4.6M | — | 10-QJul 31, 2026 |
| Pixelworks | 53 | 0.1 | (1.7)* | 6.0M | 30.9 quarters | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.