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| 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 |