Roadzen (RDZNW) Operating Expenses (2022 - 2025)

Roadzen's (RDZNW) quarterly Operating Expenses came in at $16.7 million in Q4 2025, up 9.6% year-on-year from $15.3 million in Q4 2024, and down 1.74% quarter-over-quarter from $17.0 million in Q3 2025.

Roadzen (RDZNW) Operating Expenses (2022 - 2025) Analysis & Trends

Roadzen has disclosed Operating Expenses across 4 years of filings, most recently posting $16.7 million for Q4 2025.

  • Operating Expenses for Q4 2025 came in at $16.7 million, up 9.6% year-over-year; the trailing twelve-month figure through Dec 2025 was $62.2 million (down 53.87% YoY), and the FY2025 annual result 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.
  • The 4-year median for Operating Expenses is $15.2 million (2024), against an average of $18.2 million.
  • Across the five-year window, Operating Expenses jumped 3816.45% in 2023 and tumbled 67.51% in 2024, its largest moves.
  • Roadzen's Operating Expenses stood at $6.5 million in 2022, then soared by 621.77% to $47.0 million in 2023, then sank by 67.51% to $15.3 million in 2024, then increased by 9.6% to $16.7 million in 2025.
  • The last three Operating Expenses figures came in at $16.7 million (Q4 2025), $17.0 million (Q3 2025), and $13.4 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 257.53 Bn 239.56 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 171.61 Bn 169.06 Bn - -269.42 Mn
3 Salesforce 152.15 Bn 140.31 Bn 8.56 Bn 6.22 Bn
4 Uber Technologies 144.45 Bn 143.41 Bn 11.88 Bn 11.28 Bn
5 Shopify 144.09 Bn 138.34 Bn 1.55 Bn 1.16 Bn
6 ServiceNow 110.55 Bn 105.37 Bn 2.83 Bn 2.33 Bn
7 Cadence Design Systems 106.32 Bn 104.91 Bn 1.26 Bn 1.04 Bn
8 Adobe 97.77 Bn 90.88 Bn 5.73 Bn 3.32 Bn
9 Automatic Data Processing 93.39 Bn 90.16 Bn 2.87 Bn 4.23 Bn
10 Roadzen - - 6.98 Mn 16.72 Mn

Historic Data

Download Data
DateValue
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