RumbleOn stock reports a profitable second quarter

Published on 09/24/2026 at 18:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RumbleOn stock posted USD 6.5 million in net income during Q2 2026 after a USD 4.3 million loss in Q1. The ticker changed from RMBL to RDNW.

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RumbleOn (ISIN US7813863054) reported USD 296.8 million in revenue and USD 6.5 million in net income for Q2 2026. The stock stood at USD 6.16 on Nasdaq on September 23, 2026, while the company carried a market capitalization of USD 234.85 million.

Profit returns in Q2 2026

According to MarketBeat, the company reported USD 0.16 earnings per share and USD 296.80 million in quarterly revenue after its August 11, 2026 results. The figures mark a clear improvement from Q1 2026, when revenue was USD 260.4 million and net income was negative USD 4.3 million.

The sequential change is material: revenue increased by USD 36.4 million, or 14.0 percent, while net income improved by USD 10.8 million. Operating profit also rose from USD 7.6 million in Q1 to USD 17.9 million in Q2, according to the company financial data for the respective reporting periods.

The ticker now reads RDNW

The market identity has changed alongside the earnings profile. Robinhood lists a ticker change from RMBL to RDNW for Ridenow Group Inc., while financial-market pages identify the company as RideNow Group, formerly RumbleOn.

For investors, the key issue is whether the Q2 improvement can continue through the powersports and vehicle logistics businesses. The latest quarter provides a stronger comparison point than Q1 because revenue grew 14.0 percent sequentially and the company moved from a net loss to positive net income.

RumbleOn stock trades near USD 6

RumbleOn stock traded at USD 6.16 on Nasdaq on September 23, 2026, up USD 0.01 from the previous close of USD 6.15, equivalent to a 0.08 percent increase. The quote implies a market capitalization of USD 234.85 million, keeping the stock firmly in small-cap territory while the Q2 figures provide the latest operating reference.