RideNow (RDNW) Operating Expenses (2014 - 2025)

RideNow (RDNW) posted quarterly Operating Expenses of $7.4 million for Q4 2025, down 88.47% year-over-year from $64.2 million in Q4 2024, and down 88.51% quarter-over-quarter from $64.4 million in Q3 2025.

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

RideNow's Operating Expenses history runs 12 years deep, the most recent figure standing at $7.4 million for Q4 2025.

  • In Q4 2025, Operating Expenses fell 88.47% year-over-year to $7.4 million; the TTM figure through Dec 2025 stood at $145.6 million (up 63.23% YoY), while the FY2025 annual figure was $30.1 million, down 89.07% from the prior year.
  • Operating Expenses for Q4 2025 stood at $7.4 million, down from $64.4 million in the prior quarter.
  • The five-year high for Operating Expenses was $100.3 million in Q2 2023, with the low at -$228.1 million in Q4 2023.
  • The 5-year median for Operating Expenses is $62.9 million (2021), against an average of $34.1 million.
  • Peak annual rise in Operating Expenses reached 1317.54% in 2021, while the deepest fall reached 527.12% in 2021.
  • RideNow's Operating Expenses stood at -$47.6 million in 2021, then soared by 289.15% to $90.1 million in 2022, then sank by 353.24% to -$228.1 million in 2023, then soared by 128.15% to $64.2 million in 2024, then tumbled by 88.47% to $7.4 million in 2025.
  • Business Quant data shows RDNW's Operating Expenses at $7.4 million in Q4 2025, $64.4 million in Q3 2025, and $66.7 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Uxin 79.73 Bn 79.73 Bn - 1,188.60
2 Carvana 51.39 Bn 48.65 Bn 1.38 Bn 704.00 Mn
3 Penske Automotive 14.30 Bn 14.23 Bn 1.36 Bn 974.00 Mn
4 Lithia Motors 8.61 Bn 8.25 Bn 1.50 Bn 1.01 Bn
5 Carmax 8.32 Bn 7.73 Bn 854.41 Mn 635.18 Mn
6 Autonation 7.03 Bn 6.98 Bn 1.23 Bn 856.30 Mn
7 Autozi Internet Technology (Global) 6.46 Bn 6.28 Bn - -
8 Rush Enterprises Inc \Tx\ 6.33 Bn 6.07 Bn 361.67 Mn 245.47 Mn
9 Valvoline 4.30 Bn 4.22 Bn 214.90 Mn 103.10 Mn
10 RideNow 240.47 Mn 227.07 Mn 70.90 Mn 7.40 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 7.40 Mn
Sep 30, 2025 64.40 Mn
Jun 30, 2025 66.70 Mn
Mar 31, 2025 7.10 Mn
Dec 31, 2024 64.20 Mn
Sep 30, 2024 7.40 Mn
Jun 30, 2024 8.20 Mn
Mar 31, 2024 9.40 Mn
Dec 31, 2023 -228.10 Mn
Sep 30, 2023 85.00 Mn
Jun 30, 2023 100.30 Mn
Mar 31, 2023 86.30 Mn
Dec 31, 2022 90.07 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 61.51 Mn
Jun 30, 2021 18.11 Mn
Mar 31, 2021 13.40 Mn