RideNow (RDNW) Cost of Revenue (2017 - 2025)
RideNow (RDNW) posted quarterly Cost of Revenue of $186.0 million for Q4 2025, down 7.97% year-over-year from $202.1 million in Q4 2024, and down 9.27% quarter-over-quarter from $205.0 million in Q3 2025.
RideNow (RDNW) Cost of Revenue (2017 - 2025) Analysis & Trends
RideNow's Cost of Revenue history runs 9 years deep, the most recent figure standing at $186.0 million for Q4 2025.
- In Q4 2025, Cost of Revenue fell 7.97% year-over-year to $186.0 million; the TTM figure through Dec 2025 stood at $784.5 million (down 12.34% YoY), while the FY2025 annual figure was $784.5 million, down 12.34% from the prior year.
- Cost of Revenue for Q4 2025 stood at $186.0 million, down from $205.0 million in the prior quarter.
- The five-year high for Cost of Revenue was $340.2 million in Q4 2021, with the low at $93.1 million in Q1 2021.
- The 5-year median for Cost of Revenue is $232.2 million (2022), against an average of $228.8 million.
- Peak annual rise in Cost of Revenue reached 440.08% in 2021, while the deepest fall reached 36.13% in 2021.
- RideNow's Cost of Revenue stood at $340.2 million in 2021, then declined by 29.73% to $239.1 million in 2022, then increased by 0.37% to $240.0 million in 2023, then slipped by 15.79% to $202.1 million in 2024, then dropped by 7.97% to $186.0 million in 2025.
- Business Quant data shows RDNW's Cost of Revenue at $186.0 million in Q4 2025, $205.0 million in Q3 2025, and $216.0 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 79.40 Bn | 79.39 Bn | - | - |
| 2 | Carvana | 51.82 Bn | 49.07 Bn | 1.38 Bn | 5.99 Bn |
| 3 | Penske Automotive | 14.33 Bn | 14.26 Bn | 1.36 Bn | 7.16 Bn |
| 4 | Lithia Motors | 8.62 Bn | 8.26 Bn | 1.50 Bn | 8.29 Bn |
| 5 | Carmax | 8.33 Bn | 7.73 Bn | 854.41 Mn | 7.16 Bn |
| 6 | Autonation | 7.04 Bn | 6.99 Bn | 1.23 Bn | 5.70 Bn |
| 7 | Autozi Internet Technology (Global) | 6.44 Bn | 6.25 Bn | - | - |
| 8 | Rush Enterprises Inc \Tx\ | 6.32 Bn | 6.05 Bn | 361.67 Mn | 1.54 Bn |
| 9 | Openlane | 4.29 Bn | 4.10 Bn | 248.20 Mn | 306.40 Mn |
| 10 | RideNow | 242.47 Mn | 229.07 Mn | 70.90 Mn | 186.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 186.00 Mn |
| Dec 31, 2025 | 186.00 Mn |
| Sep 30, 2025 | 205.00 Mn |
| Sep 30, 2025 | 205.00 Mn |
| Jun 30, 2025 | 216.00 Mn |
| Jun 30, 2025 | 216.00 Mn |
| Mar 31, 2025 | 177.50 Mn |
| Mar 31, 2025 | 177.50 Mn |
| Dec 31, 2024 | 202.10 Mn |
| Dec 31, 2024 | 202.10 Mn |
| Sep 30, 2024 | 220.70 Mn |
| Sep 30, 2024 | 220.70 Mn |
| Jun 30, 2024 | 246.90 Mn |
| Jun 30, 2024 | 246.90 Mn |
| Mar 31, 2024 | 225.20 Mn |
| Mar 31, 2024 | 225.20 Mn |
| Dec 31, 2023 | 240.00 Mn |
| Dec 31, 2023 | 240.00 Mn |
| Sep 30, 2023 | 246.10 Mn |
| Sep 30, 2023 | 246.10 Mn |