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Nasdaq · Financials

Roadzen Inc. (RDZN)

As-reported financials and SEC filings for Roadzen Inc. The latest annual period is FY2026. The latest reported quarter is Q1 FY2027. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

Snapshot

Revenue
$55.0M
Revenue growth (YoY)
24.2%
Net income
$-22.5M
Diluted EPS
$-0.29
Gross margin
61.3%
Operating margin
-25.4%
Net margin
-40.9%
FCF margin
-38.7%
ROE
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$126.0M
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended March 31, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Roadzen

  • Revenue grew 24.2% to $55M in FY2026, after a 5.2% decline the year before.
  • Most recent quarter Q1 FY2027: revenue $16M, up 49.0% from Q1 FY2026.
  • Free cash flow was negative $21M in FY2026.
  • Net loss narrowed to $23M in FY2026, from $73M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Roadzen’s fundamentals sit among the 88 insurance companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin61.3%
75th percentile of 9
Operating margin-25.4%
12th percentile of 27
Net margin-40.9%
4th percentile of 82
FCF margin-38.7%
Lowest of 55
Revenue growth (YoY)+24.2%
77th percentile of 88
Short interest9.51d
94th percentile of 87

Roadzen’s FCF margin of -38.7% is the lowest of the 55 insurance companies reporting it. Roadzen’s net margin of -40.9% ranks in the 4th percentile of the 82 insurance companies reporting it. Roadzen’s operating margin of -25.4% ranks in the 12th percentile of the 27 insurance companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
2.0M
settled 2026-08-14
Change vs prior
-13.0%
vs previous settlement
Days to cover
9.51
at avg daily volume
Avg daily volume
215.6K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-142.0M-13.0%9.51
2026-07-312.4M-7.1%7.75
2026-07-152.5M+10.0%5.47
2026-06-302.3M+257.5%1.81
2026-06-15644.2K-6.4%1.41
2026-05-29688.0K+5.6%1.63
2026-05-15651.6K+63.5%1.00
2026-04-30398.6K+185.4%1.01

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$55.0M$44.3M$46.7M$13.6M
Gross profit$33.7M$25.5M$28.6M$8.1M
Operating income$-14.0M$-60.8M$-77.7M$-11.5M
Net income$-22.5M$-72.9M$-99.7M$-14.0M$983,439
Diluted EPS$-0.29$-1.04$-2.26$-0.86

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2026FY2025FY2024FY2023FY2022
Cash and equivalents$6.6M$4.8M$11.2M$589,340$1.3M
Current assets$32.3M$27.0M$49.8M$5.4M$199,498
Total assets$52.7M$32.6M$58.1M$15.2M$207.3M
Current liabilities$58.3M$56.9M$65.7M$16.7M$1.4M
Long-term debt$15.6M$139,775$1.5M$653,269
Total liabilities$79.2M$58.3M$68.6M$18.0M$8.0M
Total equity$-26.5M$-25.7M$-10.5M$-50.8M$-46.4M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$-20.3M$-18.1M$-19.2M$-7.5M$-1.2M
Capital expenditure$1.0M$424,910$455,924$842,045
Free cash flow$-21.3M$-18.6M$-19.7M$-8.4M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2027$16.2M49.0%$-9.8M$-0.12
Q4 FY2026$16.1M41.4%$-7.3M$-0.09
Q3 FY2026$14.4M18.8%$-9.1M$-0.12
Q2 FY2026$13.7M15.2%$-2.1M$-0.03
Q1 FY2026$10.9M21.7%$-4.0M$-0.05
Q4 FY2025$11.4M14.0%$-135,678$-0.00
Q3 FY2025$12.1M-22.7%$-2.5M$-0.04
Q2 FY2025$11.9M-23.2%$-21.8M$-0.32

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorFinancials
SIC industryInsurance Agents, Brokers & Service
Latest annual periodFY2026 (ended March 31, 2026)
Latest reported quarterQ1 FY2027 (ended June 30, 2026)
Oldest indexed filing2021
SEC CIK1868640

Selected SEC filings

10-K2026-06-29
View on EDGAR →
10-K/A2025-11-20
View on EDGAR →
10-Q2026-08-13
View on EDGAR →
10-Q2026-02-12
View on EDGAR →
10-Q2025-11-14
View on EDGAR →
8-K2026-08-13
View on EDGAR →
8-K2026-07-09
View on EDGAR →
8-K2026-07-06
View on EDGAR →

Largest insurance peers

All insurance stocksAll Financials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.