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| Date | Value |
|---|---|
| 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 |