Roadzen (RDZN) Gross Margin (2022 - 2025)
Roadzen recorded quarterly Gross Margin of 48.61% in Q4 2025, down 10.47% quarter-over-quarter from 54.29% in Q3 2025, and up 1198.0% year-over-year from 3.74% in Q4 2024.
Roadzen's Gross Margin history runs 4 years deep, the most recent figure standing at 48.61% for Q4 2025.
- In Q4 2025, Gross Margin rose 1198.0% year-over-year to 48.61%; the TTM figure through Dec 2025 stood at 66.09% (up 108.0% YoY), while the FY2025 annual figure was 57.48%, down 371.0% from the prior year.
- Gross Margin came in at 48.61% for Q4 2025 at Roadzen, down from 54.29% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 165.3% in Q1 2024 to a low of 28.8% in Q4 2023.
- A 4-year average of 58.78% and a median of 48.17% in 2022 frame the typical range for Gross Margin.
- On a YoY basis, Gross Margin climbed as much as 2232 bps in 2025 and fell as far as 4158 bps in 2025.
- Roadzen's Gross Margin stood at 54.39% in 2022, then slumped by 47 bps to 28.8% in 2023, then climbed by 27 bps to 36.63% in 2024, then jumped by 33 bps to 48.61% in 2025.
- According to Business Quant data, Gross Margin over the past three periods registered 48.61%, 54.29%, and 43.56% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 72.98% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 77.61% |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 48.77% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 75.07% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 85.65% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 89.62% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 48.28% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 79.05% |
| 10 | Roadzen | 149.69 Mn | 146.81 Mn | 6.98 Mn | 48.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 48.61% |
| Sep 30, 2025 | 54.29% |
| Jun 30, 2025 | 43.56% |
| Mar 31, 2025 | 123.72% |
| Dec 31, 2024 | 36.63% |
| Sep 30, 2024 | 31.98% |
| Jun 30, 2024 | 35.04% |
| Mar 31, 2024 | 165.30% |
| Dec 31, 2023 | 28.80% |
| Sep 30, 2023 | 58.90% |
| Jun 30, 2023 | 34.78% |
| Dec 31, 2022 | 54.39% |
| Sep 30, 2022 | 48.17% |