RideNow RDNW
NASDAQ RDNW
$5.67 +0.00 (+0.00%)
As of: Aug 31, 2026 · 3:59 PM EDT

RideNow (RDNW) Deferred Taxes (2021 - 2024)

RideNow (RDNW) posted quarterly Deferred Taxes of $400000.0 for Q1 2024, down 76.47% year-over-year from $1.7 million in Q2 2023, and up 100.58% quarter-over-quarter from -$68.6 million in Q4 2023.

Analysis

RideNow (RDNW) Deferred Taxes (2021 - 2024) Analysis & Trends

RideNow's Deferred Taxes history runs 4 years deep, the most recent figure standing at $400000.0 for Q1 2024.

  • In Q1 2024, Deferred Taxes fell 76.47% year-over-year to $400000.0; the TTM figure through Dec 2024 stood at $400000.0 (up 100.68% YoY), while the FY2024 annual figure was $400000.0, up 100.68% from the prior year.
  • Deferred Taxes for Q1 2024 stood at $400000.0, up from -$68.6 million in the prior quarter.
  • The five-year high for Deferred Taxes was $80.6 million in Q4 2022, with the low at -$68.6 million in Q4 2023.
  • The 4-year median for Deferred Taxes is $2.0 million (2022), against an average of $3.7 million.
  • Peak annual rise in Deferred Taxes reached 4575.32% in 2023, while the deepest fall reached 185.06% in 2023.
  • RideNow's Deferred Taxes stood at $11.6 million in 2021, then surged by 596.67% to $80.6 million in 2022, then sank by 185.06% to -$68.6 million in 2023, then surged by 100.58% to $400000.0 in 2024.
  • Business Quant data shows RDNW's Deferred Taxes at $400000.0 in Q1 2024, -$68.6 million in Q4 2023, and $3.6 million in Q3 2023.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Carvana 52.87 Bn 50.13 Bn 1.38 Bn -63.00 Mn
2 Penske Automotive 14.22 Bn 14.15 Bn 1.36 Bn 8.20 Mn
3 Rush Enterprises Inc \Tx\ 9.01 Bn 8.75 Bn 361.67 Mn 2.05 Mn
4 Carmax 8.69 Bn 8.10 Bn 854.41 Mn -991,000.00
5 Lithia Motors 8.26 Bn 7.90 Bn 1.50 Bn 35.20 Mn
6 Autonation 6.73 Bn 6.68 Bn 1.23 Bn 7.80 Mn
7 Uxin 5.72 Bn 5.71 Bn - -
8 Valvoline 4.10 Bn 4.02 Bn 214.90 Mn -
9 Openlane 4.07 Bn 3.88 Bn 248.20 Mn 900,000.00
10 RideNow 219.46 Mn 172.76 Mn 84.80 Mn -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2024 400,000.00
Dec 31, 2023 -68.60 Mn
Sep 30, 2023 3.60 Mn
Jun 30, 2023 4.80 Mn
Mar 31, 2023 1.70 Mn
Dec 31, 2022 80.65 Mn
Sep 30, 2022 77,000.00
Jun 30, 2022 -5.99 Mn
Mar 31, 2022 1.97 Mn
Dec 31, 2021 11.58 Mn
Sep 30, 2021 10.97 Mn