RideNow (RDNW) Operating Leases (2019 - 2025)
RideNow (RDNW) recorded quarterly Operating Leases of $128.0 million in Q4 2025, up 2.4% quarter-over-quarter from $125.0 million in Q3 2025, and down 16.94% on a YoY basis from $154.1 million in Q4 2024.
RideNow (RDNW) Operating Leases (2019 - 2025) Analysis & Trends
RideNow's Operating Leases history runs 7 years deep, the most recent figure standing at $128.0 million for Q4 2025.
- In Q4 2025, Operating Leases fell 16.94% year-over-year to $128.0 million; the TTM figure through Dec 2025 stood at $128.0 million (down 16.94% YoY), while the FY2025 annual figure was $128.0 million, down 16.94% from the prior year.
- Operating Leases was $128.0 million for Q4 2025 at RideNow, up from $125.0 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $162.9 million in Q2 2023 to a low of $4.0 million in Q2 2021.
- Historically, Operating Leases has averaged $124.2 million across 5 years, with a median of $133.2 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Leases jumped 3280.26% in 2022, then declined 17.67% in 2024.
- A 5-year view of Operating Leases shows it stood at $114.7 million in 2021, then grew by 10.47% to $126.7 million in 2022, then climbed by 24.7% to $158.0 million in 2023, then declined by 2.47% to $154.1 million in 2024, then decreased by 16.94% to $128.0 million in 2025.
- The last three Operating Leases figures came in at $128.0 million (Q4 2025), $125.0 million (Q3 2025), and $129.7 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Uxin | 18.05 Bn | 18.09 Bn | 11.57 Mn |
| 2 | Carvana | 9.49 Bn | 7.89 Bn | 1.27 Bn |
| 3 | Carmax | 6.94 Bn | 6.35 Bn | 605.26 Mn |
| 4 | Lithia Motors | 6.76 Bn | 6.78 Bn | 1.42 Bn |
| 5 | Autonation | 6.51 Bn | 6.45 Bn | 1.21 Bn |
| 6 | Rush Enterprises Inc \Tx\ | 5.19 Bn | 4.97 Bn | 343.80 Mn |
| 7 | Valvoline | 4.57 Bn | 4.48 Bn | 187.00 Mn |
| 8 | Openlane | 3.88 Bn | 3.84 Bn | 256.20 Mn |
| 9 | Group 1 Automotive | 3.69 Bn | 3.65 Bn | 877.90 Mn |
| 10 | RideNow | 277.10 Mn | 247.60 Mn | 70.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 128.00 Mn |
| Sep 30, 2025 | 125.00 Mn |
| Jun 30, 2025 | 129.70 Mn |
| Mar 31, 2025 | 129.00 Mn |
| Dec 31, 2024 | 154.10 Mn |
| Sep 30, 2024 | 133.20 Mn |
| Jun 30, 2024 | 134.10 Mn |
| Mar 31, 2024 | 136.40 Mn |
| Dec 31, 2023 | 158.00 Mn |
| Sep 30, 2023 | 160.45 Mn |
| Jun 30, 2023 | 162.87 Mn |
| Mar 31, 2023 | 129.52 Mn |
| Dec 31, 2022 | 126.70 Mn |
| Sep 30, 2022 | 150.27 Mn |
| Jun 30, 2022 | 135.96 Mn |
| Mar 31, 2022 | 143.69 Mn |
| Dec 31, 2021 | 114.69 Mn |
| Jun 30, 2021 | 4.02 Mn |
| Mar 31, 2021 | 4.48 Mn |
| Dec 31, 2020 | 4.37 Mn |