Roadzen, Inc. (RDZN) Income Statement
RDZN FY2026 at a glance
Fiscal year ended March 31, 2026 · U.S. dollarsRDZN revenue and net income
Where RDZN's revenue goes
FY2026Each bar shows an amount and its share of revenue. RDZN kept −40.9% of revenue as net income.
RDZN profit margins
RDZN growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +24.2% | +59.5% | +116.2% | — |
| Gross profit | +32.5% | +60.6% | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
RDZN quarterly EPS vs estimates
Roadzen beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 13, 2026 (estimate $-0.06).
RDZN income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | $55.0M | $44.3M | $46.7M | $13.6M | $10.0M | $1.2M |
| Cost of revenue | $21.3M | $18.8M | $18.1M | $5.4M | $4.8M | $1.4M |
| Gross profit | $33.7M | $25.5M | $28.6M | $8.1M | $5.2M | −$195,164 |
| Research & development | $408,355 | $3.8M | $5.0M | $2.7M | $1.3M | $908,585 |
| Sales, general & admin | $45.1M | $80.5M | $99.1M | $15.4M | $8.7M | $1.5M |
| Total operating expenses | $47.7M | $86.3M | $106.3M | $19.7M | $11.4M | $3.6M |
| Operating income | −$14.0M | −$60.8M | −$77.7M | −$11.5M | −$6.2M | −$3.8M |
| Interest expense | $7.2M | $3.2M | $2.3M | $776,023 | $44,929 | $6,202 |
| Income before taxes | −$23.0M | −$73.1M | −$99.9M | −$14.2M | −$9.8M | −$17.0M |
| Income taxes | $20,212 | −$13,973 | −$23,648 | −$42,265 | $24,957 | −$1.4M |
| Net income | −$22.5M | −$72.9M | −$99.7M | −$14.0M | −$9.7M | −$15.6M |
| EBITDA | −$13.5M | −$67.8M | −$95.4M | −$11.8M | −$8.4M | −$2.6M |
| EPS (diluted) | −$0.19 | −$0.89 | −$3.13 | $0.07 | −$0.04 | −$0.63 |
| Gross margin | 61.3% | 57.5% | 61.2% | 60.1% | 51.9% | −16.8% |
| Operating margin | −25.4% | −137.3% | −166.2% | −85.0% | −62.5% | −325.3% |
| Net margin | −40.9% | −164.5% | −213.3% | −103.4% | −97.5% | −1,342.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16.2M | $16.1M | $14.4M | $13.7M | $10.9M | $11.4M | $12.1M | $11.9M | $8.9M | $10.0M | $15.6M | $15.5M |
| Cost of revenue | $6.9M | $5.5M | $5.2M | $6.1M | $4.5M | $3.9M | $4.3M | $5.2M | $5.4M | $3.4M | $6.8M | $6.4M |
| Gross profit | $9.3M | $10.6M | $9.1M | $7.6M | $6.4M | $7.5M | $7.8M | $6.7M | $3.5M | $6.6M | $8.8M | $9.1M |
| Research & development | $419,115 | $115,664 | $293,956 | $148,529 | $81,534 | $244,177 | $249,635 | $1.5M | $1.8M | $1.9M | $1.9M | $602,105 |
| Sales, general & admin | $8.9M | $15.4M | $10.9M | $10.1M | $8.7M | $9.9M | $10.4M | $28.5M | $31.6M | $39.6M | $37.8M | $15.6M |
| Total operating expenses | $10.8M | $16.4M | $11.5M | $11.0M | $8.9M | $11.2M | $11.0M | $30.2M | $33.9M | $41.5M | $40.1M | $16.7M |
| Operating income | −$1.5M | −$5.8M | −$2.4M | −$3.3M | −$2.5M | −$3.7M | −$3.2M | −$23.5M | −$30.4M | −$34.9M | −$31.3M | −$7.5M |
| Interest expense | $2.9M | $1.9M | $3.2M | $1.2M | $941,319 | $713,985 | $1.1M | $626,834 | $732,138 | $732,138 | $723,561 | $617,470 |
| Income before taxes | −$9.8M | −$7.3M | −$9.5M | −$2.2M | −$4.0M | −$127,564 | −$2.6M | −$22.0M | −$48.3M | −$34.0M | −$30.7M | −$31.1M |
| Income taxes | −$6,620 | −$46,966 | −$23,627 | $10,826 | $79,979 | $69,709 | −$9,068 | −$181,264 | $106,650 | $69,734 | −$126,732 | $10,939 |
| Net income | −$9.8M | −$7.3M | −$9.1M | −$2.1M | −$4.0M | −$135,678 | −$2.5M | −$21.8M | −$48.4M | −$34.0M | −$30.6M | −$31.1M |
| EBITDA | −$13,431 | −$4.4M | −$6.0M | −$2.6M | −$3.0M | $1.6M | −$1.2M | −$23.3M | −$29.9M | −$32.3M | −$29.6M | −$30.1M |
| EPS (diluted) | −$0.03 | −$0.09 | −$0.04 | −$0.02 | −$0.04 | −$0.08 | −$0.05 | −$0.32 | −$0.44 | −$1.29 | −$0.45 | −$1.40 |
| Gross margin | 57.2% | 65.7% | 63.7% | 55.7% | 58.9% | 65.7% | 64.6% | 56.1% | 39.2% | 65.8% | 56.4% | 58.9% |
| Operating margin | −9.5% | −35.8% | −16.5% | −24.4% | −23.2% | −32.5% | −26.2% | −198.3% | −340.3% | −349.1% | −200.2% | −48.7% |
| Net margin | −60.5% | −45.0% | −63.7% | −15.4% | −36.9% | −1.2% | −20.8% | −183.7% | −542.0% | −339.7% | −195.4% | −200.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in RDZN's financial statements (latest annual report filed June 29, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
RDZN financial results
In fiscal year 2026 (ended March 31, 2026), Roadzen reported revenue of $55.0 million, up 24.2% from the year before. It had a net loss of $22.5 million, a net profit margin of −40.9%. Diluted earnings per share came to −$0.19. Over five years revenue grew at an average rate of 116.2% a year.
See the RDZN stock overview for the latest quote and news, or the RDZN chart for price history and technical indicators.
RDZN income statement FAQ
What is Roadzen's annual revenue?
Roadzen reported total revenue of $55.0 million for fiscal year 2026, which ended on March 31, 2026. That was up 24.2% from $44.3 million the previous year.
Is Roadzen profitable?
No. Roadzen reported a net loss of $22.5 million in fiscal 2026, a net profit margin of −40.9%; its operating margin was −25.4%.
What is Roadzen's gross margin?
Roadzen's gross margin was 61.3% in fiscal 2026: for every $100 of revenue, Roadzen kept $61 after the direct cost of its products and services.
How much does Roadzen spend on research and development?
Roadzen spent $0.4 million on research and development in fiscal 2026, 0.7% of revenue.
How fast is Roadzen growing?
Revenue grew 116.2% a year on average over the last five fiscal years, from $1.2 million to $55.0 million.
What are Roadzen's earnings per share?
Roadzen earned $-0.19 per diluted share in fiscal 2026, compared with $-0.89 a year earlier.
When will Roadzen report its next earnings?
Roadzen is expected to report results for the quarter ending September 30, 2026 on November 13, 2026.
When does Roadzen's fiscal year end?
Roadzen's fiscal year ends in March. The latest annual report covers the year ended March 31, 2026 and was filed on June 29, 2026.