Roadzen (RDZN) Gross Margin (2022 - 2026)
Roadzen's (RDZN) quarterly Gross Margin came in at 57.25% in Q2 2026, down 162.0% year-over-year from 92.33% in Q2 2025, and down 12.8% quarter-over-quarter from 65.65% in Q1 2026.
Analysis
Roadzen (RDZN) Gross Margin (2022 - 2026) Analysis & Trends
Roadzen has disclosed Gross Margin across 5 years of filings, most recently posting 57.25% for Q2 2026.
- In Q2 2026, Gross Margin fell 162.0% year-over-year to 57.25%; the TTM figure through Jun 2026 stood at 60.68% (down 66.0% YoY), while the FY2026 annual figure was 61.33%, up 385.0% from the prior year.
- Gross Margin came in at 57.25% for Q2 2026 at Roadzen, down from 65.65% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 75.33% in Q1 2024 to a low of 39.23% in Q2 2024.
- Average Gross Margin over 5 years is 57.98%, with a median of 58.87% recorded in 2025.
- Year-over-year, Gross Margin plunged 1981 bps in 2024 and soared 1963 bps in 2025.
- Over 5 years, Gross Margin stood at 48.51% in 2022, then climbed by 16 bps to 56.42% in 2023, then climbed by 15 bps to 64.62% in 2024, then slipped by 1 bps to 63.69% in 2025, then slipped by 10 bps to 57.25% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 57.25% in Q2 2026, 65.65% in Q1 2026, and 63.69% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Guidewire Software | 12.09 Bn | 11.34 Bn | 236.65 Mn | 63.52% |
| 2 | Exzeo | 1.41 Bn | 1.28 Bn | 36.84 Mn | 63.75% |
| 3 | Yuanbao | 502.24 Mn | -143.91 Mn | - | - |
| 4 | Roadzen | 100.50 Mn | 94.22 Mn | 9.27 Mn | 57.25% |
| 5 | Health In Tech | 58.80 Mn | 52.28 Mn | 3.92 Mn | 48.40% |
| 6 | Cheche | 29.56 Mn | 10.18 Mn | - | - |
| 7 | MindForge | 3.64 Mn | -6.23 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 57.25% |
| Mar 31, 2026 | 65.65% |
| Dec 31, 2025 | 63.69% |
| Sep 30, 2025 | 55.72% |
| Jun 30, 2025 | 58.87% |
| Mar 31, 2025 | 65.69% |
| Dec 31, 2024 | 64.62% |
| Sep 30, 2024 | 56.06% |
| Jun 30, 2024 | 39.23% |
| Mar 31, 2024 | 75.33% |
| Dec 31, 2023 | 56.42% |
| Sep 30, 2023 | 58.90% |
| Jun 30, 2023 | 59.05% |
| Dec 31, 2022 | 48.51% |
| Sep 30, 2022 | 44.78% |