RideNow (RDNW) Operating Expenses (2014 - 2026)
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.
Analysis
RideNow (RDNW) Operating Expenses (2014 - 2026) 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Carvana | 52.87 Bn | 50.13 Bn | 1.38 Bn | 704.00 Mn |
| 2 | Penske Automotive | 14.22 Bn | 14.15 Bn | 1.36 Bn | 1.02 Bn |
| 3 | Rush Enterprises Inc \Tx\ | 9.01 Bn | 8.75 Bn | 361.67 Mn | 245.47 Mn |
| 4 | Carmax | 8.69 Bn | 8.10 Bn | 854.41 Mn | 635.18 Mn |
| 5 | Lithia Motors | 8.26 Bn | 7.90 Bn | 1.50 Bn | 1.01 Bn |
| 6 | Autonation | 6.73 Bn | 6.68 Bn | 1.23 Bn | 856.30 Mn |
| 7 | Uxin | 5.72 Bn | 5.71 Bn | - | 4.48 Mn |
| 8 | Valvoline | 4.10 Bn | 4.02 Bn | 214.90 Mn | 103.10 Mn |
| 9 | Openlane | 4.07 Bn | 3.88 Bn | 248.20 Mn | 487.10 Mn |
| 10 | RideNow | 219.46 Mn | 172.76 Mn | 84.80 Mn | 65.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 65.00 Mn |
| Dec 31, 2025 | 64.10 Mn |
| Sep 30, 2025 | 64.40 Mn |
| Jun 30, 2025 | 66.70 Mn |
| Mar 31, 2025 | 61.10 Mn |
| Dec 31, 2024 | 64.20 Mn |
| Sep 30, 2024 | 65.90 Mn |
| Jun 30, 2024 | 71.40 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 | 90.07 Mn |
| Sep 30, 2022 | 93.82 Mn |
| Jun 30, 2022 | 96.23 Mn |
| Mar 31, 2022 | 78.08 Mn |
| Dec 31, 2021 | 71.06 Mn |
| Sep 30, 2021 | 62.20 Mn |
| Jun 30, 2021 | 18.11 Mn |