Roadzen (RDZNW) Gross Margin (2022 - 2025)
Roadzen's (RDZNW) quarterly Gross Margin came in at 48.61% in Q4 2025, up 1198.0% year-on-year from 3.74% in Q4 2024, and down 10.47% quarter-over-quarter from 54.29% in Q3 2025.
Roadzen (RDZNW) Gross Margin (2022 - 2025) Analysis & Trends
Roadzen has disclosed Gross Margin across 4 years of filings, most recently posting 48.61% for Q4 2025.
- Gross Margin for Q4 2025 came in at 48.61%, up 1198.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 66.09% (up 108.0% YoY), and the FY2025 annual result was 57.48%, down 371.0% from the prior year.
- Gross Margin came in at 48.61% for Q4 2025 at Roadzen, down from 54.29% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 165.3% in Q1 2024 to a low of 28.8% in Q4 2023.
- The 4-year median for Gross Margin is 48.17% (2022), against an average of 58.78%.
- Peak annual rise in Gross Margin reached 2232 bps in 2025, while the deepest fall reached 4158 bps in 2025.
- Roadzen's Gross Margin stood at 54.39% in 2022, then tumbled by 47 bps to 28.8% in 2023, then advanced by 27 bps to 36.63% in 2024, then soared by 33 bps to 48.61% in 2025.
- The last three Gross Margin figures came in at 48.61% (Q4 2025), 54.29% (Q3 2025), and 43.56% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 257.53 Bn | 239.56 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 171.61 Bn | 169.06 Bn | - | - |
| 3 | Salesforce | 152.15 Bn | 140.31 Bn | 8.56 Bn | 76.92% |
| 4 | Uber Technologies | 144.45 Bn | 143.41 Bn | 11.88 Bn | 89.96% |
| 5 | Shopify | 144.09 Bn | 138.34 Bn | 1.55 Bn | 48.77% |
| 6 | ServiceNow | 110.55 Bn | 105.37 Bn | 2.83 Bn | 75.07% |
| 7 | Cadence Design Systems | 106.32 Bn | 104.91 Bn | 1.26 Bn | 85.65% |
| 8 | Adobe | 97.77 Bn | 90.88 Bn | 5.73 Bn | 89.62% |
| 9 | Automatic Data Processing | 93.39 Bn | 90.16 Bn | 2.87 Bn | 48.28% |
| 10 | Roadzen | - | - | 6.98 Mn | 48.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 48.61% |
| Sep 30, 2025 | 54.29% |
| Jun 30, 2025 | 43.56% |
| Mar 31, 2025 | 123.72% |
| Dec 31, 2024 | 36.63% |
| Sep 30, 2024 | 31.98% |
| Jun 30, 2024 | 35.04% |
| Mar 31, 2024 | 165.30% |
| Dec 31, 2023 | 28.80% |
| Sep 30, 2023 | 58.90% |
| Jun 30, 2023 | 34.78% |
| Dec 31, 2022 | 54.39% |
| Sep 30, 2022 | 48.17% |