Roadzen (RDZN) Research & Development (2022 - 2026)
Roadzen's (RDZN) quarterly Research & Development came in at $7.2 million in Q2 2026, up 17.52% year-over-year from $6.1 million in Q2 2025, and down 22.93% quarter-over-quarter from $9.3 million in Q1 2026.
Analysis
Roadzen (RDZN) Research & Development (2022 - 2026) Analysis & Trends
Roadzen has disclosed Research & Development across 5 years of filings, most recently posting $7.2 million for Q2 2026.
- In Q2 2026, Research & Development rose 17.52% year-over-year to $7.2 million; the TTM figure through Jun 2026 stood at $30.2 million (up 3.37% YoY), while the FY2026 annual figure was $29.1 million, up 0.83% from the prior year.
- Research & Development came in at $7.2 million for Q2 2026 at Roadzen, down from $9.3 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $11.1 million in Q4 2023 to a low of $3.7 million in Q2 2023.
- Average Research & Development over 5 years is $7.3 million, with a median of $7.3 million recorded in 2025.
- Year-over-year, Research & Development surged 141.12% in 2023 and tumbled 31.23% in 2024.
- Over 5 years, Research & Development stood at $7.3 million in 2022, then surged by 53.34% to $11.1 million in 2023, then tumbled by 31.23% to $7.7 million in 2024, then declined by 3.68% to $7.4 million in 2025, then dropped by 2.32% to $7.2 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $7.2 million in Q2 2026, $9.3 million in Q1 2026, and $7.4 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Guidewire Software | 13.52 Bn | 12.77 Bn | 236.65 Mn | 87.87 Mn |
| 2 | Exzeo | 1.49 Bn | 1.36 Bn | 36.84 Mn | 2.44 Mn |
| 3 | Yuanbao | 632.22 Mn | -13.93 Mn | - | 15.42 Mn |
| 4 | Cheche | 230.80 Mn | 211.43 Mn | - | - |
| 5 | Roadzen | 109.13 Mn | 106.01 Mn | 9.27 Mn | 7.21 Mn |
| 6 | Health In Tech | 64.25 Mn | 57.80 Mn | 3.92 Mn | 2.22 Mn |
| 7 | MindForge | 1.99 Mn | -7.88 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.21 Mn |
| Mar 31, 2026 | 9.35 Mn |
| Dec 31, 2025 | 7.38 Mn |
| Sep 30, 2025 | 6.25 Mn |
| Jun 30, 2025 | 6.13 Mn |
| Mar 31, 2025 | 7.33 Mn |
| Dec 31, 2024 | 7.66 Mn |
| Sep 30, 2024 | 8.08 Mn |
| Jun 30, 2024 | 5.80 Mn |
| Mar 31, 2024 | 8.53 Mn |
| Dec 31, 2023 | 11.14 Mn |
| Sep 30, 2023 | 10.06 Mn |
| Jun 30, 2023 | 3.66 Mn |
| Dec 31, 2022 | 7.26 Mn |
| Sep 30, 2022 | 4.17 Mn |