RideNow (RDNW) Cost of Revenue (2017 - 2025)

RideNow (RDNW) has reported Cost of Revenue for 9 consecutive years, with $186.0 million the latest figure, recorded in 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 came in at $186.0 million for Q4 2025 at RideNow, 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.
• Average Cost of Revenue over 5 years is $228.8 million, with a median of $232.2 million recorded in 2022.
• The largest YoY upside for Cost of Revenue was 440.08% in 2021 against a maximum downside of 36.13% in 2021.
• Year by year, Cost of Revenue stood at $340.2 million in 2021, then slipped by 29.73% to $239.1 million in 2022, then climbed by 0.37% to $240.0 million in 2023, then retreated by 15.79% to $202.1 million in 2024, then decreased by 7.97% to $186.0 million in 2025.
• According to Business Quant data, Cost of Revenue over the past three periods registered $186.0 million, $205.0 million, and $216.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.