Lazydays Holdings, Inc., reported a $24.6 million net loss in the second quarter of 2025, which was a 44% improvement from its loss in the second quarter of 2024.
The dealer chain reported second-quarter 2025 revenue of $131.3 million. Revenue was down 44% from the second quarter of 2024, but Lazydays’ company is approximately half the size it was as of June 30, 2024. On June 30, 2024, the company reported 25 dealer locations. As of June 30, 2025, Lazydays owned 14 stores.
Lazydays CEO Ron Fleming said the results showed the company is moving forward with its turnaround plan.
“Our focus on operational performance resulted in increases in gross profit margins across all products and services compared to the prior year period,” Fleming said, “and our purposeful effort to streamline our footprint resulted in the successful sale of several non-core assets. These divestitures allowed us to reduce our total liabilities by over $200 million during the first half of the year.”
Although the dealer chain’s locations have shrunk, the company reported $24.7 million in cash on hand at the end of the second quarter. The cash-on-hand total is the same level as at the end of 2024.
The company said 59% of second-quarter 2025 revenue was derived from new RV sales, with 22.4% from used RV sales. Interest expenses hurt the bottom line. The company reported a $12.7 million loss from operations in the second quarter of 2025. Floorplan interest and other interest expenses cost the company an additional $10.7 million in the quarter.
