4 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 80.7% per year over the past 3 years.
Financial health
Total debt ($23M) exceeds cash ($5M); net debt is $18M.
Total debt has grown slower than revenue (65.3% vs 80.7% per year).
Operating income covered interest expense -608.1× in the latest year.
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$44M
-$73M
57.5%
-137.3%
-$19M
$23M
$5M
2024
$47M
-$100M
61.2%
-166.2%
-$20M
$19M
$11M
2023
$14M
-$14M
60.1%
-85.0%
-$8M
$8M
$589340
2022
—
$983439
—
—
—
—
$1M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Dec '25
$14M
-$9M
63.7%
-16.5%
—
$29M
$5M
Sep '25
$14M
-$2M
55.7%
-24.4%
—
$31M
$5M
Jun '25
$11M
-$4M
58.9%
-23.2%
—
$24M
$3M
Mar '25
$11M
-$135678
65.7%
-32.5%
—
$23M
$5M
Dec '24
$12M
-$3M
64.6%
-26.2%
—
$23M
$6M
Sep '24
$12M
-$22M
56.1%
-198.3%
—
$24M
$6M
Jun '24
$9M
-$48M
39.2%
-340.3%
—
$21M
$8M
Mar '24
$10M
-$34M
75.3%
-349.1%
—
$19M
$11M
Dec '23
$16M
-$31M
56.4%
-200.2%
$259063
$18M
$9M
Sep '23
$15M
-$31M
58.9%
-48.7%
—
$17M
$8M
Jun '23
$6M
-$4M
59.0%
-69.3%
—
—
$19M
Mar '23
—
$90965
—
—
—
$8M
$589340
Dec '22
$3M
$477429
0.0%
-96.2%
-$2M
—
$1M
Sep '22
$3M
-$7M
0.0%
-101.5%
—
—
$1M
Jun '22
—
-$3M
—
—
—
—
—
Mar '22
—
-$162880
—
—
—
—
—
Dec '21
—
-$204562
—
—
—
—
—
Sep '21
—
$0
—
—
—
—
—
Jun '21
—
-$10656
—
—
—
—
—
Valuation over time
How the market has priced RDZN against its own fundamentals since 2023-09 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has fallen from 24.2× (Sep '23) to 2.9× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is RDZN growing its revenue and profit?
Over the past 3 years, Roadzen Inc.'s revenue has grown 80.7% per year. These are computed facts, not advice.
How much debt does RDZN have?
As of FY2025, Roadzen Inc. reported $23M of total debt against $5M of cash; operating income covered interest expense -608.1×.
What is RDZN's profit margin?
In FY2025, gross margin was 57.5%, operating margin -137.3%, and net margin -164.5%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.