Roadzen (RDZN) Operating Expenses (2022 - 2025)
Roadzen recorded quarterly Operating Expenses of $16.7 million in Q4 2025, down 1.74% quarter-over-quarter from $17.0 million in Q3 2025, and up 9.6% year-over-year from $15.3 million in Q4 2024.
Roadzen's Operating Expenses history runs 4 years deep, the most recent figure standing at $16.7 million for Q4 2025.
- In Q4 2025, Operating Expenses rose 9.6% year-over-year to $16.7 million; the TTM figure through Dec 2025 stood at $62.2 million (down 53.87% YoY), while the FY2025 annual figure was $105.1 million, down 15.5% from the prior year.
- Operating Expenses came in at $16.7 million for Q4 2025 at Roadzen, down from $17.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $47.0 million in Q4 2023 to a low of $242566.0 in Q2 2022.
- A 4-year average of $18.2 million and a median of $15.2 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 3816.45% in 2023 and slumped 67.51% in 2024, its largest moves.
- Roadzen's Operating Expenses stood at $6.5 million in 2022, then jumped by 621.77% to $47.0 million in 2023, then plunged by 67.51% to $15.3 million in 2024, then rose by 9.6% to $16.7 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered $16.7 million, $17.0 million, and $13.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 6.82 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.16 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 2.33 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 1.04 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 3.32 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 4.54 Bn |
| 10 | Roadzen | 149.69 Mn | 146.81 Mn | 6.98 Mn | 16.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 16.72 Mn |
| Sep 30, 2025 | 17.02 Mn |
| Jun 30, 2025 | 13.39 Mn |
| Mar 31, 2025 | 15.11 Mn |
| Dec 31, 2024 | 15.26 Mn |
| Sep 30, 2024 | 35.42 Mn |
| Jun 30, 2024 | 39.33 Mn |
| Mar 31, 2024 | 44.91 Mn |
| Dec 31, 2023 | 46.96 Mn |
| Sep 30, 2023 | 23.01 Mn |
| Jun 30, 2023 | 9.50 Mn |
| Mar 31, 2023 | 2.11 Mn |
| Dec 31, 2022 | 6.51 Mn |
| Sep 30, 2022 | 5.25 Mn |
| Jun 30, 2022 | 242,566.00 |
| Mar 31, 2022 | 268,621.00 |