RideNow (RDNW) Operating Expenses (2014 - 2025)

RideNow (RDNW) posted quarterly Operating Expenses of $7.4 million for Q4 2025, up 1.37% year-over-year from $7.3 million in Q4 2024, and down 2.63% on a QoQ basis from $7.6 million in Q3 2025.

RideNow (RDNW) Operating Expenses (2014 - 2025) Analysis & Trends

RideNow (RDNW) has reported Operating Expenses for 12 consecutive years, with $7.4 million the latest figure, recorded in Q4 2025.

  • In Q4 2025, Operating Expenses rose 1.37% year-over-year to $7.4 million; the TTM figure through Dec 2025 stood at $88.8 million (down 42.82% YoY), while the FY2025 annual figure was $30.1 million, down 6.81% from the prior year.
  • Operating Expenses came in at $7.4 million for Q4 2025 at RideNow, down from $7.6 million in the prior quarter.
  • The five-year high for Operating Expenses was $100.3 million in Q2 2023, with the low at -$228.6 million in Q4 2022.
  • Average Operating Expenses over 5 years is $33.8 million, with a median of $64.0 million recorded in 2021.
  • Across the five-year window, Operating Expenses slumped 15816.17% in 2021 and surged 713.41% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at -$47.6 million in 2021, then plunged by 380.11% to -$228.6 million in 2022, then surged by 133.11% to $75.7 million in 2023, then slumped by 90.36% to $7.3 million in 2024, then grew by 1.37% to $7.4 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods registered $7.4 million, $7.6 million, and $66.7 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Uxin 128.90 Bn 128.96 Bn - 1,188.60
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn 690.00 Mn
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn 1.01 Bn
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn 635.18 Mn
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn 1.04 Bn
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn 842.20 Mn
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn 242.63 Mn
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn 98.70 Mn
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn 510.40 Mn
10 RideNow 251.29 Mn 221.79 Mn 70.90 Mn 7.40 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 7.40 Mn
Sep 30, 2025 7.60 Mn
Jun 30, 2025 66.70 Mn
Mar 31, 2025 7.10 Mn
Dec 31, 2024 7.30 Mn
Sep 30, 2024 65.90 Mn
Jun 30, 2024 8.20 Mn
Mar 31, 2024 73.90 Mn
Dec 31, 2023 75.70 Mn
Sep 30, 2023 85.00 Mn
Jun 30, 2023 100.30 Mn
Mar 31, 2023 86.30 Mn
Dec 31, 2022 -228.63 Mn
Sep 30, 2022 93.82 Mn
Jun 30, 2022 96.23 Mn
Mar 31, 2022 78.08 Mn
Dec 31, 2021 -47.62 Mn
Sep 30, 2021 62.20 Mn
Jun 30, 2021 18.11 Mn
Mar 31, 2021 13.40 Mn