Roadzen (RDZN) Research & Development (2022 - 2026)
Roadzen (RDZN) reported Research & Development of -$19.4 million for Q1 2026, down 8026.07% on a YoY basis from $244177.0 in Q1 2025, and down 362.33% sequentially from $7.4 million in Q4 2025.
Roadzen (RDZN) Research & Development (2022 - 2026) Analysis & Trends
Roadzen (RDZN) has 5 years of Research & Development data on file, last reported at -$19.4 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 8026.07% year-over-year to -$19.4 million; the trailing twelve-month figure through Mar 2026 stood at -$5.6 million (down 172.4% YoY), and the FY2026 full-year result was $408355.0, down 89.2% from the prior year.
- Research & Development slipped to -$19.4 million in Q1 2026, from $7.4 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $8.5 million in Q1 2024 to a low of -$19.4 million in Q1 2026.
- A 5-year average of $1.6 million and a median of $1.4 million in 2022 frame the typical range for Research & Development.
- Across the five-year window, Research & Development jumped 2855.37% in 2025 and tumbled 8026.07% in 2026, its largest moves.
- Tracing RDZN's Research & Development over 5 years: stood at $7.3 million in 2022, then tumbled by 74.16% to $1.9 million in 2023, then sank by 86.7% to $249635.0 in 2024, then jumped by 2855.37% to $7.4 million in 2025, then sank by 362.33% to -$19.4 million in 2026.
- Business Quant data shows RDZN's Research & Development at -$19.4 million in Q1 2026, $7.4 million in Q4 2025, and $6.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -37.02 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 496.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.33 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 3.77 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.37 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 253.90 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 588.95 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 508.44 Mn |
| 10 | Roadzen | 88.30 Mn | 84.59 Mn | 10.58 Mn | -19.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -19.35 Mn |
| Dec 31, 2025 | 7.38 Mn |
| Sep 30, 2025 | 6.25 Mn |
| Jun 30, 2025 | 81,534.00 |
| Mar 31, 2025 | 244,177.00 |
| Dec 31, 2024 | 249,635.00 |
| Sep 30, 2024 | 1.50 Mn |
| Jun 30, 2024 | 5.80 Mn |
| Mar 31, 2024 | 8.53 Mn |
| Dec 31, 2023 | 1.88 Mn |
| Sep 30, 2023 | 602,105.00 |
| Jun 30, 2023 | 573,300.00 |
| Dec 31, 2022 | 7.26 Mn |
| Sep 30, 2022 | 1.26 Mn |