Roadzen (RDZN) Operating Margin (2022 - 2026)

Roadzen (RDZN) reported Operating Margin of 35.83% for Q1 2026, down 332.0% on a YoY basis from 15.45% in Q1 2025, and down 117.66% sequentially from 16.46% in Q4 2025.

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

Roadzen (RDZN) has 5 years of Operating Margin data on file, last reported at 35.83% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin fell 332.0% year-over-year to 35.83%; the trailing twelve-month figure through Mar 2026 stood at 25.44% (up 11185.0% YoY), and the FY2026 full-year result was 25.44%, up 11185.0% from the prior year.
  • Operating Margin eased to 35.83% in Q1 2026, from 16.46% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 16.46% in Q4 2025 to a low of 349.07% in Q1 2024.
  • A 5-year average of 111.06% and a median of 59.03% in 2023 frame the typical range for Operating Margin.
  • Across the five-year window, Operating Margin plunged 27099 bps in 2024 and surged 31711 bps in 2025, its largest moves.
  • Tracing RDZN's Operating Margin over 5 years: stood at 95.4% in 2022, then plunged by 110 bps to 200.22% in 2023, then surged by 87 bps to 26.22% in 2024, then soared by 37 bps to 16.46% in 2025, then tumbled by 118 bps to 35.83% in 2026.
  • Business Quant data shows RDZN's Operating Margin at 35.83% in Q1 2026, 16.46% in Q4 2025, and 24.39% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 28.69%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 12.05%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 14.56%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 21.08%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 4.06%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn -22.99%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -23.45%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 29.26%
10 Roadzen 88.30 Mn 84.59 Mn 10.58 Mn -35.83%

Historic Data

Download Data
DateValue
Mar 31, 2026 -35.83%
Dec 31, 2025 -16.46%
Sep 30, 2025 -24.39%
Jun 30, 2025 -23.20%
Mar 31, 2025 -32.52%
Dec 31, 2024 -26.22%
Sep 30, 2024 -198.26%
Jun 30, 2024 -340.30%
Mar 31, 2024 -349.07%
Dec 31, 2023 -200.22%
Sep 30, 2023 -48.74%
Jun 30, 2023 -69.31%
Dec 31, 2022 -95.40%
Sep 30, 2022 -94.92%