Roadzen (RDZN) Cost of Revenue (2022 - 2026)
Roadzen (RDZN) recorded Cost of Revenue of $6.92 million in fiscal Q1 2027 (quarter ended Jun 30, 2026), up 54.9% from $4.47 million a year earlier and up 25.0% from the prior quarter.
Roadzen (RDZN) Cost of Revenue (2022 - 2026) Analysis & Trends
On a TTM basis, Roadzen's Cost of Revenue came in at $23.73 million as of Jun 30, 2026, up 32.8% year-over-year; for FY2026 (ended Mar 31, 2026), it was $21.28 million, up 13.0% from FY2025.
- Annual Cost of Revenue has increased for three straight fiscal years, with a four-year compound annual growth rate of 48.3% (FY2022 to FY2026).
- Across earlier fiscal years, Cost of Revenue came in at $18.83 million in FY2025 (+3.9%), $18.13 million in FY2024 (+234.9%), $5.41 million in FY2023 and $4.4 million in FY2022.
- The fiscal Q1 2027 figure is the highest quarterly Cost of Revenue in data going back to fiscal Q1 2024.
- On a year-over-year basis, Cost of Revenue has increased for four consecutive quarters, with growth averaging 15.0% over the last eight quarters.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 136.2% in fiscal Q1 2025, against a decline of 37.3% in fiscal Q3 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $5.54 million (Q4 2026), $5.21 million (Q3 2026) and $6.06 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.15 Bn | 7.38 Bn | - | - |
| 2 | Block | 45.94 Bn | 17.20 Bn | 3.17 Bn | 3.45 Bn |
| 3 | Coinbase Global | 43.38 Bn | 184.17 Mn | - | - |
| 4 | Corpay | 26.82 Bn | 17.02 Bn | - | - |
| 5 | Fiserv | 26.51 Bn | 23.21 Bn | 2.90 Bn | 2.40 Bn |
| 6 | Global Payments | 22.01 Bn | 453.00 Mn | 2.03 Bn | 1.29 Bn |
| 7 | Iren | 18.95 Bn | 6.55 Bn | 103.89 Mn | 33.34 Mn |
| 8 | Guidewire Software | 15.50 Bn | 12.06 Bn | 269.68 Mn | 141.41 Mn |
| 9 | Bitmine Immersion Technologies | 12.97 Bn | 10.35 Bn | 40.81 Mn | 5.73 Mn |
| 10 | Roadzen | 95.60 Mn | 76.06 Mn | 9.27 Mn | 6.92 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.92 Mn |
| Mar 31, 2026 | 5.54 Mn |
| Dec 31, 2025 | 5.21 Mn |
| Sep 30, 2025 | 6.06 Mn |
| Jun 30, 2025 | 4.47 Mn |
| Mar 31, 2025 | 3.91 Mn |
| Dec 31, 2024 | 4.28 Mn |
| Sep 30, 2024 | 5.22 Mn |
| Jun 30, 2024 | 5.43 Mn |
| Mar 31, 2024 | 2.47 Mn |
| Dec 31, 2023 | 6.82 Mn |
| Sep 30, 2023 | 6.36 Mn |
| Jun 30, 2023 | 2.30 Mn |
| Dec 31, 2022 | 1.51 Mn |
| Sep 30, 2022 | 1.35 Mn |
Roadzen Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=RDZN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "RDZN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=RDZN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();