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% on a QoQ basis from $125.0 million in Q3 2025.

RideNow (RDNW) Operating Leases (2019 - 2025) Analysis & Trends

RideNow (RDNW) has reported Operating Leases for 7 consecutive years, with $128.0 million the latest figure, recorded in 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 came in at $128.0 million for Q4 2025 at RideNow, up from $125.0 million in the prior quarter.
  • The five-year high for Operating Leases was $162.9 million in Q2 2023, with the low at $4.0 million in Q2 2021.
  • Average Operating Leases over 5 years is $124.2 million, with a median of $133.2 million recorded in 2024.
  • Across the five-year window, Operating Leases jumped 3280.26% in 2022 and decreased 17.67% in 2024, its largest moves.
  • Year by year, Operating Leases stood at $114.7 million in 2021, then gained by 10.47% to $126.7 million in 2022, then rose by 24.7% to $158.0 million in 2023, then decreased by 2.47% to $154.1 million in 2024, then declined by 16.94% to $128.0 million in 2025.
  • According to Business Quant data, Operating Leases over the past three periods registered $128.0 million, $125.0 million, and $129.7 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Uxin 128.90 Bn 128.96 Bn -
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn
10 RideNow 251.29 Mn 221.79 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 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