Roadzen (RDZN) Gross Margin (2022 - 2026)

Roadzen (RDZN) reported Gross Margin of 65.65% for Q1 2026, down 4.0% on a YoY basis from 68.39% in Q1 2025, and up 3.08% sequentially from 63.69% in Q4 2025.

Roadzen (RDZN) Gross Margin (2022 - 2026) Analysis & Trends

Roadzen (RDZN) has 5 years of Gross Margin data on file, last reported at 65.65% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 4.0% year-over-year to 65.65%; the trailing twelve-month figure through Mar 2026 stood at 61.33% (up 385.0% YoY), and the FY2026 full-year result was 61.33%, up 385.0% from the prior year.
  • Gross Margin climbed to 65.65% in Q1 2026, from 63.69% 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.
  • A 5-year average of 58.04% and a median of 58.88% in 2025 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin tumbled 1981 bps in 2024 and surged 1963 bps in 2025, its largest moves.
  • Tracing RDZN's Gross Margin over 5 years: stood at 48.51% in 2022, then advanced by 16 bps to 56.42% in 2023, then advanced by 15 bps to 64.62% in 2024, then decreased by 1 bps to 63.69% in 2025, then rose by 3 bps to 65.65% in 2026.
  • Business Quant data shows RDZN's Gross Margin at 65.65% in Q1 2026, 63.69% in Q4 2025, and 55.72% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 72.98%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 48.77%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 45.03%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 76.92%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 70.68%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 48.28%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 66.61%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 95.85%
10 Roadzen 88.30 Mn 84.59 Mn 10.58 Mn 65.65%

Historic Data

Download Data
DateValue
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%