RideNow (RDNW) Operating Expenses (2014 - 2025)
RideNow (RDNW) recorded quarterly Operating Expenses of $7.4 million in Q4 2025, down 2.63% quarter-over-quarter from $7.6 million in Q3 2025, and up 1.37% on a YoY basis from $7.3 million in Q4 2024.
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 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 was $7.4 million for Q4 2025 at RideNow, down from $7.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $100.3 million in Q2 2023 to a low of -$228.6 million in Q4 2022.
- Historically, Operating Expenses has averaged $33.8 million across 5 years, with a median of $64.0 million in 2021.
- The sharpest annual moves came in 2021 and 2025: Operating Expenses sank 15816.17% in 2021, then surged 713.41% in 2025.
- A 5-year view of Operating Expenses shows it stood at -$47.6 million in 2021, then tumbled by 380.11% to -$228.6 million in 2022, then surged by 133.11% to $75.7 million in 2023, then sank by 90.36% to $7.3 million in 2024, then gained by 1.37% to $7.4 million in 2025.
- The last three Operating Expenses figures came in at $7.4 million (Q4 2025), $7.6 million (Q3 2025), and $66.7 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 18.05 Bn | 18.09 Bn | 11.57 Mn | -21.22 Mn |
| 2 | Carvana | 9.49 Bn | 7.89 Bn | 1.27 Bn | 690.00 Mn |
| 3 | Carmax | 6.94 Bn | 6.35 Bn | 605.26 Mn | 611.31 Mn |
| 4 | Lithia Motors | 6.76 Bn | 6.78 Bn | 1.42 Bn | 1.04 Bn |
| 5 | Autonation | 6.51 Bn | 6.45 Bn | 1.21 Bn | 842.20 Mn |
| 6 | Rush Enterprises Inc \Tx\ | 5.19 Bn | 4.97 Bn | 343.80 Mn | 242.63 Mn |
| 7 | Valvoline | 4.57 Bn | 4.48 Bn | 187.00 Mn | 98.70 Mn |
| 8 | Openlane | 3.88 Bn | 3.84 Bn | 256.20 Mn | 454.10 Mn |
| 9 | Group 1 Automotive | 3.69 Bn | 3.65 Bn | 877.90 Mn | 601.60 Mn |
| 10 | RideNow | 277.10 Mn | 247.60 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 |