What is Roadzen's R&D?

Roadzen (RDZN) reported R&D of $293.96K in Q4 2025.

How has Roadzen's R&D changed year-over-year?

Roadzen's R&D increased by 17.8% year-over-year, from $249.64K to $293.96K.

What is the long-term trend for Roadzen's R&D?

Over 2 years (2023 to 2025), Roadzen's R&D has grown at a 19.0% compound annual growth rate (CAGR), from $2.67M to $3.78M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Roadzen RDZN R&D

R&D at other companies

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$48.83M+23.3%

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$37.67M+7.5%

Other financials

Income statement

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Revenue$16.1M+41.4%

Gross profit$10.6M+41.3%

Operating income-$5.8M-55.8%

Net income-$7.3M-5,246%

EPS (diluted)-$0.09—

Balance sheet

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Cash & equivalents$15.7K+125%

Total debt$9.7M-57.5%

Total equity-$29.6M-18.2%

Total assets$52.7M+61.6%

Cash flow

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Operating cash flow-$3.8M-2.4%

CapEx$184.2K-50.8%

Free cash flow-$4.0M+2.5%

Valuation

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Market cap$106.55M+21.5%

Enterprise value$116.23M+4.6%

P/S1.9×0.0×

Profitability

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Gross margin61.3%+3.8pp

Operating margin-25.4%-11.4pp

Net margin-40.9%-17.6pp

FCF margin-38.7%-2.8pp

Returns & leverage

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Return on equity82.3%—

Debt / equity7.1×—

Current ratio0.6×+0.1×

Where this comes from

Reported directly by Roadzen in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Roadzen’s 10-Q, filed February 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Roadzen's R&D?: Roadzen (RDZN) reported R&D of $293.96K in Q4 2025.
How has Roadzen's R&D changed year-over-year?: Roadzen's R&D increased by 17.8% year-over-year, from $249.64K to $293.96K.
What is the long-term trend for Roadzen's R&D?: Over 2 years (2023 to 2025), Roadzen's R&D has grown at a 19.0% compound annual growth rate (CAGR), from $2.67M to $3.78M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.