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| Date | Value |
|---|---|
| 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 |