RideNow (RDNW) Change in Inventory (2017 - 2025)
RideNow (RDNW) recorded quarterly Change in Inventory of -$8.6 million in Q4 2025, up 3.37% quarter-over-quarter from -$8.9 million in Q3 2025, and up 83.83% on a YoY basis from -$4.7 million in Q4 2024.
RideNow (RDNW) Change in Inventory (2017 - 2025) Analysis & Trends
RideNow's Change in Inventory history runs 9 years deep, the most recent figure standing at -$8.6 million for Q4 2025.
- In Q4 2025, Change in Inventory rose 83.83% year-over-year to -$8.6 million; the TTM figure through Dec 2025 stood at $16.8 million (up 115.57% YoY), while the FY2025 annual figure was $16.8 million, up 115.57% from the prior year.
- Change in Inventory was -$8.6 million for Q4 2025 at RideNow, up from -$8.9 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $66.3 million in Q3 2022 to a low of -$54.8 million in Q3 2024.
- Historically, Change in Inventory has averaged $5.7 million across 5 years, with a median of $2.0 million in 2023.
- The sharpest annual moves came in 2022 and 2024: Change in Inventory soared 686.07% in 2022, then plunged 3229.41% in 2024.
- A 5-year view of Change in Inventory shows it stood at $19.9 million in 2021, then jumped by 37.14% to $27.3 million in 2022, then plunged by 93.77% to $1.7 million in 2023, then slumped by 3229.41% to -$53.2 million in 2024, then soared by 83.83% to -$8.6 million in 2025.
- The last three Change in Inventory figures came in at -$8.6 million (Q4 2025), -$8.9 million (Q3 2025), and $2.3 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 18.05 Bn | 18.09 Bn | 11.57 Mn | - |
| 2 | Carvana | 9.49 Bn | 7.89 Bn | 1.27 Bn | 247.00 Mn |
| 3 | Carmax | 6.94 Bn | 6.35 Bn | 605.26 Mn | 1.01 Bn |
| 4 | Lithia Motors | 6.76 Bn | 6.78 Bn | 1.42 Bn | 97.20 Mn |
| 5 | Autonation | 6.51 Bn | 6.45 Bn | 1.21 Bn | 43.90 Mn |
| 6 | Rush Enterprises Inc \Tx\ | 5.19 Bn | 4.97 Bn | 343.80 Mn | 85.49 Mn |
| 7 | Valvoline | 4.57 Bn | 4.48 Bn | 187.00 Mn | -1.00 Mn |
| 8 | Openlane | 3.88 Bn | 3.84 Bn | 256.20 Mn | - |
| 9 | Group 1 Automotive | 3.69 Bn | 3.65 Bn | 877.90 Mn | 40.10 Mn |
| 10 | RideNow | 277.10 Mn | 247.60 Mn | 70.90 Mn | -8.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -8.60 Mn |
| Dec 31, 2025 | -8.60 Mn |
| Sep 30, 2025 | -8.90 Mn |
| Sep 30, 2025 | -8.90 Mn |
| Jun 30, 2025 | 2.30 Mn |
| Jun 30, 2025 | 2.30 Mn |
| Mar 31, 2025 | 32.00 Mn |
| Mar 31, 2025 | 32.00 Mn |
| Dec 31, 2024 | -53.20 Mn |
| Dec 31, 2024 | -53.20 Mn |
| Sep 30, 2024 | -54.80 Mn |
| Sep 30, 2024 | -54.80 Mn |
| Jun 30, 2024 | -6.10 Mn |
| Jun 30, 2024 | -6.10 Mn |
| Mar 31, 2024 | 6.20 Mn |
| Mar 31, 2024 | 6.20 Mn |
| Dec 31, 2023 | 1.70 Mn |
| Dec 31, 2023 | 1.70 Mn |
| Sep 30, 2023 | 33.10 Mn |
| Sep 30, 2023 | 33.10 Mn |