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How Roadzen (RDZN) makes money

Roadzen (RDZN) made $16.2M of revenue in the first quarter fiscal 2027 (Q1 FY27), +49% from a year earlier. Insurance Service brought in $8.8M (55%); Commision and Distrubution Service brought in $7.3M (45%).

Drawing the Sankey…

Roadzen revenue by segment, Q1 FY27Roadzen revenue by segment, Q1 FY27Insurance Service$8.8MCommision and Distrubution Service$7.3M
Roadzen: revenue by line, Q3 FY25 to Q1 FY27Roadzen: revenue by line, Q3 FY25 to Q1 FY27Commision and Distrub…Insurance ServiceCommision and Distrubution Service: $7.3M latest$7.3MInsurance Service: $8.8M latest$8.8MQ3 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Insurance Service went from 40% of revenue in Q3 FY25 to 55% in Q1 FY27, the largest shift in the mix.
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

Revenue by segment, Q1 FY27

SegmentRevenueShareQ/QY/Y
Insurance Service$8.8M54.6%+40%+72%
Commision and Distrubution Service$7.3M45.4%-25%+28%

Where each dollar of revenue goes

LineQ1 FY27% of revenue
Revenue$16.2M100.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q1 FY27$16.2M+49%
Q4 FY26$16.1M+41%
Q3 FY26$14.4M+19%
Q2 FY26$13.7M+15%
Q1 FY26$10.9M+22%
Q4 FY25$11.4M+14%
Q3 FY25$12.1M-23%

From Roadzen's 10-Q filed Aug 13, 2026 (on EDGAR).

Questions

How does Roadzen make money?

Roadzen (RDZN) made $16.2M of revenue in the first quarter fiscal 2027 (Q1 FY27), +49% from a year earlier. Insurance Service brought in $8.8M (55%); Commision and Distrubution Service brought in $7.3M (45%).

What is Roadzen's biggest business?

Insurance Service: $8.8M in the first quarter fiscal 2027, 55% of revenue, +72% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.