Roadzen (RDZN) Q4 2026 earnings summary

Executive summary

• Achieved record Q4 FY2026 revenue of $16.1 million, up 42% year-over-year and 12% sequentially, marking the highest quarterly revenue in company history.

• Full-year FY2026 revenue reached $55.0 million, up 24% from FY2025, driven by increased customer adoption and enterprise penetration.

• Net loss for FY2026 narrowed by 69% to $(22.5) million, with operating loss improving 77% to $(14.0) million.

• Adjusted EBITDA loss improved for the seventh consecutive quarter, nearing breakeven.

• AI platform processed over 3 million insurance claims annually, leveraging 4 billion miles of driving data for precision underwriting and claims automation.

Financial highlights

• Q4 FY2026 revenue: $16.1 million (42% YoY growth, 12% sequential growth).

• FY2026 revenue: $55.0 million (24% YoY growth).

• Q4 gross margin: 65.7%; FY2026 gross margin: 61.3% (up from 57.5% in FY2025).

• Q4 net loss: $(7.3) million; FY2026 net loss: $(22.5) million, or $(0.29) per share.

• Q4 Adjusted EBITDA loss: $(0.4) million; FY2026 Adjusted EBITDA loss: $(3.5) million (improved from $(8.4) million in FY2025).

Outlook and guidance

• Exited FY2026 at a $64 million annualized revenue run-rate.

• Over $30 million in new annual revenue commitments secured in Q1 FY2027.

• Clear visibility toward reaching $100 million annualized revenue run-rate and positive Adjusted EBITDA in FY2027.

• Targeting 40-50% annual growth with adjusted EBITDA profitability.