Roadzen Inc. income statement
In fiscal 2026, Roadzen Inc. reported revenue of $55.0m, up 24.2% on the year before, operating income of −$14.0m (a -25.4% margin) and net income of −$22.5m, or −$0.29 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 | LTMJun 2026 |
|---|---|---|---|---|---|
| Revenue | 14 | 47 | 44 | 55 | 60 |
| Cost of revenue | 5 | 18 | 19 | 21 | 24 |
| Gross profit | 8 | 29 | 25 | 34 | 37 |
| Research and development | 3 | 5 | 4 | 0 | 1 |
| Selling and marketing | 11 | 33 | 29 | 29 | 30 |
| General and administrative | 5 | 66 | 52 | 16 | 16 |
| Operating income | −12 | −78 | −61 | −14 | −13 |
| Interest expense | — | — | 0 | — | — |
| Net interest income | −1 | −2 | −3 | −7 | — |
| Income before tax | −14 | −100 | −73 | −23 | −29 |
| Income tax | −0 | −0 | −0 | 0 | −0 |
| Net income | −14 | −100 | −73 | −23 | −28 |
| Diluted EPS | −$0.86 | −$2.26 | −$1.04 | −$0.29 | −$0.36 |
| Diluted shares (average) | 17m | 44m | 70m | 77m | 80m |
| EBITDA | −10 | −75 | −59 | −12 | −10 |
| Quarter | 2025 Q2Sept 2024 | 2025 Q3Dec 2024 | 2025 Q4Mar 2025 | 2026 Q1Jun 2025 | 2026 Q2Sept 2025 | 2026 Q3Dec 2025 | 2026 Q4Mar 2026 | 2027 Q1Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 12 | 12 | 11 | 11 | 14 | 14 | 16 | 16 |
| Cost of revenue | 5 | 4 | 4 | 4 | 6 | 5 | 6 | 7 |
| Gross profit | 7 | 8 | 7 | 6 | 8 | 9 | 11 | 9 |
| Research and development | 1 | 0 | 0 | 0 | 0 | 0 | −0 | 0 |
| Selling and marketing | 8 | 8 | 7 | 6 | 6 | 7 | 9 | 7 |
| General and administrative | 20 | 3 | 3 | 3 | 4 | 4 | 6 | 2 |
| Operating income | −24 | −3 | −4 | −3 | −3 | −2 | −6 | −2 |
| Interest expense | — | — | — | 1 | −1 | — | — | 3 |
| Net interest income | −1 | −1 | −1 | −1 | −1 | −3 | −2 | — |
| Income before tax | −22 | −3 | −0 | −4 | −2 | −10 | −7 | −10 |
| Income tax | −0 | −0 | 0 | 0 | 0 | −0 | −0 | −0 |
| Net income | −22 | −3 | −0 | −4 | −2 | −9 | −7 | −10 |
| Diluted EPS | −$0.32 | −$0.04 | $0.02 | −$0.05 | −$0.03 | −$0.12 | −$0.09 | −$0.12 |
| EBITDA | −23 | −3 | −3 | −2 | −3 | −2 | −5 | −1 |
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