RideNow (RDNW) Operating Leases (2019 - 2025)

RideNow (RDNW) posted quarterly Operating Leases of $128.0 million for Q4 2025, down 16.94% year-over-year from $154.1 million in Q4 2024, and up 2.4% quarter-over-quarter from $125.0 million in Q3 2025.

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 for Q4 2025 stood at $128.0 million, up from $125.0 million in the prior quarter.
  • The five-year high for Operating Leases was $160.4 million in Q3 2023, with the low at $4.0 million in Q2 2021.
  • The 5-year median for Operating Leases is $133.6 million (2023), against an average of $122.0 million.
  • The sharpest annual moves came in 2022 and 2024: Operating Leases surged 3571.41% in 2022, then retreated 16.98% in 2024.
  • RideNow's Operating Leases stood at $114.7 million in 2021, then jumped by 31.49% to $150.8 million in 2022, then retreated by 11.07% to $134.1 million in 2023, then rose by 14.91% to $154.1 million in 2024, then retreated by 16.94% to $128.0 million in 2025.
  • Business Quant data shows RDNW's Operating Leases at $128.0 million in Q4 2025, $125.0 million in Q3 2025, and $129.7 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Uxin 78.07 Bn 78.06 Bn -
2 Carvana 51.62 Bn 48.87 Bn 1.38 Bn
3 Penske Automotive 14.25 Bn 14.18 Bn 1.36 Bn
4 Lithia Motors 8.52 Bn 8.16 Bn 1.50 Bn
5 Carmax 8.26 Bn 7.67 Bn 854.41 Mn
6 Autonation 6.97 Bn 6.91 Bn 1.23 Bn
7 Rush Enterprises Inc \Tx\ 6.35 Bn 6.09 Bn 361.67 Mn
8 Autozi Internet Technology (Global) 6.17 Bn 5.99 Bn -
9 Valvoline 4.21 Bn 4.13 Bn 214.90 Mn
10 RideNow 248.63 Mn 235.23 Mn 70.90 Mn

Historic Data

Download Data
DateValue
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 134.10 Mn
Sep 30, 2023 160.45 Mn
Jun 30, 2023 138.28 Mn
Mar 31, 2023 153.69 Mn
Dec 31, 2022 150.80 Mn
Sep 30, 2022 150.27 Mn
Jun 30, 2022 147.68 Mn
Mar 31, 2022 126.24 Mn
Dec 31, 2021 114.69 Mn
Sep 30, 2021 85.97 Mn
Jun 30, 2021 4.02 Mn
Mar 31, 2021 4.48 Mn