Filing Flows

Filing Flows › Financials › Roadzen (RDZN)

Roadzen (RDZN) earnings and revenue breakdown

Latest: Q1 FY27 · 10-Q filed Aug 13, 2026 · Roadzen (RDZN) Q1 FY27 earnings results →

Q1 FY27 Revenue up 49% year over year to $16.2M · 60¢ of every $1 of revenue lost · operating margin -9.5%

Roadzen made $16.2M in Q1 FY27 (+49% Y/Y): Insurance Service $8.8M, Commision and Distrubution Service $7.3M. Operating margin -9.5%, net loss $9.8M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 13, 2026.

Revenue$16.2M
Year over year+49%
Operating margin-9.5%
Net earnings−$9.8M
Operating cash flow−$5.5M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $16.2M in Q1 FY27, up 49% year over year and roughly flat from the previous quarter. Insurance Service was the largest line at 55% of revenue. Insurance Service added $3.7M year over year (up 72%), 70% of the total change.

Operating costs exceeded revenue by $1.5M, an operating margin of -9.5%. Total costs grew 33% against revenue growth of 49%. The fastest-growing cost line was Other operating costs (+484%). The quarter ended with a net loss of $9.8M, wider than the previous quarter's $7.3M loss. Net interest and other expense of $8.2M was the main reason.

Operating cash flow was −$5.5M. Non-cash charges added back $730K of depreciation and amortization and $75K of share-based compensation. Working capital and other items added $3.5M. Capital expenditures of $464K exceeded it, leaving free cash flow of −$5.9M.

Quarterly history

Roadzen revenue by quarterRoadzen revenue by quarter$12.1MQ3 FY25$11.4MQ4 FY25$10.9MQ1 FY26$13.7MQ2 FY26$14.4MQ3 FY26$16.1MQ4 FY26$16.2MQ1 FY27
Roadzen net earnings by quarterRoadzen net earnings by quarter−$2.6MQ3 FY25−$197KQ4 FY25−$4.1MQ1 FY26−$2.2MQ2 FY26−$9.5MQ3 FY26−$7.3MQ4 FY26−$9.8MQ1 FY27
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q1 FY2710-QAug 13, 2026$16.2M+49%-9.5%−$9.8M−$5.5M
Q4 FY2610-KJun 29, 2026$16.1M+41%-35.8%−$7.3M−$3.8M
Q3 FY2610-QFeb 12, 2026$14.4M+19%-16.5%−$9.5M−$7.5M
Q2 FY2610-QNov 14, 2025$13.7M+15%-24.4%−$2.2M−$6.1M
Q1 FY2610-QAug 13, 2025$10.9M+22%-23.2%−$4.1M−$2.9M
Q4 FY2510-KJun 26, 2025$11.4M+14%-32.5%−$197K−$3.7M
Q3 FY2510-QFeb 12, 2025$12.1M-23%-26.2%−$2.6M−$3.2M

Charts

Roadzen: revenue growth, year over year and quarter over quarterRoadzen: revenue growth, year over year and quarter over quarterY/YQ/Q-23%Q3 FY25+14%-6%Q4 FY25+22%-5%Q1 FY26+15%+26%Q2 FY26+19%+5%Q3 FY26+41%+12%Q4 FY26+49%+0%Q1 FY27
Latest (Q1 FY27): Y/Y +49%, Q/Q +0%.
Roadzen: where the cash came from (+) and went (−), TTM to Q1 FY27Roadzen: where the cash came from (+) and went (−), TTM to Q1 FY27Operating cash flow−$22.8MShares issued$12.6MNet borrowing (+) / repaid (−)$7.1MOther financing$6.6MCash drawn (+) / kept (−)−$1.4MCapital spending−$1.2MOther investing−$887KNot reconciled$25K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Roadzen: profit against cash, quarter by quarterRoadzen: profit against cash, quarter by quarterNet incomeOperating cash flow−$21.8M−$5.6MQ2 FY25−$2.6M−$3.2MQ3 FY25−$197K−$3.7MQ4 FY25−$4.1M−$2.9MQ1 FY26−$2.2M−$6.1MQ2 FY26−$9.5M−$7.5MQ3 FY26−$7.3M−$3.8MQ4 FY26−$9.8M−$5.5MQ1 FY27
Latest (Q1 FY27): Net income −$9.8M, Operating cash flow −$5.5M.
Roadzen: diluted shares by fiscal year (split-adjusted)Roadzen: diluted shares by fiscal year (split-adjusted)50MFY2344MFY2470MFY2577MFY26
+56.5% since FY23: more shares outstanding (issuance, stock pay); earlier years scaled for the 3-for-1 split before FY24.
Roadzen in its industry: growth against margin (24 companies, SIC 6411)Roadzen in its industry: growth against margin (24 companies, SIC 6411)revenue growth, year over year →↑ operating marginmedian +8%median 17%MRSHAONAJGEQHWTWBROERIERYANBWINARXHGTYCRD-AACTSLQTCRVLLIFEGSHDTWFGNPEHTHQDMIHITEZRARDZN (+49%, -10%)
Insurance Agents, Brokers & Service; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

Loading the interactive chart…

🌏Named in Asian annual reportsinteractive

Loading the interactive chart…

🔄Rotation against the market and its industry (RRG)interactive

Loading the interactive chart…

🔍Earnings qualityinteractive

Loading the interactive chart…

⚖️Fair value by methodinteractive

Loading the interactive chart…

🔭Outlook & guidanceinteractive

Loading the interactive chart…

📈Investments: gains and what it boughtinteractive

Loading the interactive chart…

🏭Its industry’s money flow (input-output)interactive

Loading the interactive chart…

About Roadzen

Roadzen is a leading Insurtech company on a mission to transform global auto insurance powered by advanced artificial intelligence (“AI”). At the heart of our mission is our commitment to create transparency, efficiency, and a seamless experience for the millions of end customers who use our products through our insurer, original equipment manufacturer (“OEM”), and fleet (such as trucking, delivery, and commercial fleets) partners. We seek to accomplish this by combining computer vision, telematics and AI with continually updated data sources to provide a more efficient, effective and informed way of building auto insurance products, assessing damages, processing claims and improving driver safety. Insurers and other partners of Roadzen across the world use Roadzen’s technology to launch new auto insurance products, manage risk better and resolve claims faster.

In its own words, from its 10-K, filed Jun 29, 2026.

Roadzen against its Insurance Agents, Brokers & Service peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +49% against the peers' median +8%. Operating margin: -9.5% against the peers' median 17.8%.

CompanyQuarterRevenueY/YOp. margin
RDZN RoadzenQ1 FY27$16.2M+49%-9.5%
MRSH Marsh & McLennan CompaniesQ3 2026$6.9B+8%17.7%
AON AonQ3 2026$4.1B+3%19.7%
AJG Arthur J. GallagherQ3 2026$4.0B+18%13.0%
EQH Equitable HoldingsQ3 2026$3.9B+168%35.8%
WTW Willis Towers WatsonQ3 2026$2.5B+8%17.4%
BRO Brown & BrownQ3 FY27$1.7B+7%18.6%
ERIE Erie IndemnityQ3 2026$1.1B+0.3%19.4%
RYAN Ryan Specialty HoldingsQ3 2026$790M+5%17.8%

Source: Roadzen 10-Q on SEC EDGAR · CIK 1868640 · Insurance Agents, Brokers & Service

More on RDZN

History

Every quarter: Q1 FY27 results · Q4 FY26 results · Q3 FY26 results · Q2 FY26 results · Q1 FY26 results · Q4 FY25 results · Q3 FY25 results

Compare RDZN with

中文版:Roadzen(RDZN)财报

Español · Français