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| Date | Value |
|---|---|
| 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% |