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| 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 | 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 |