| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 13.68 | 25.9% | 15.3% |
| Total Income | 13.68 | 25.9% | 15.3% |
| Expenditure | 17.02 | 27.1% | 52.0% |
| PBT | -2.16 | 46.3% | 90.2% |
| Net Profit | -2.11 | 47.4% | 90.3% |
| OPM | -24.39% | 1.19pp | |
| NPM | -15.41% | 21.46pp | |
| EPS | -0.03 | 40.0% | 90.6% |
Roadzen Reports Q2 Revenue $13.7 Million, Up 15.2% Y-o-Y
04 May 2026 · 4 May, 7:08 am
Summary
Roadzen Inc. reported a strong second quarter with revenue reaching $13.7 million, a 15.2% increase year-over-year. The company significantly reduced its net loss to $(2.1) million, a 90.3% improvement compared to the same quarter last year. Adjusted EBITDA loss also improved to $(1.1) million. Roadzen strengthened its balance sheet by raising over $9 million in additional capital and agreed in principle to extend its debt facility with Mizuho. The company also secured strategic wins, including EU regulatory validation for DrivebuddyAI and an agreement to acquire a majority interest in a U.S. commercial auto Managing General Underwriter.
Key Highlights
- 1
Roadzen's second quarter revenue totaled $13.7 million, an increase of 15.2% over the prior year quarter.
- 2
Six-month revenue rose 18.0% to $24.5 million, marking a record first half.
- 3
The company's Q2 net loss narrowed to $(2.1) million, a 90.3% year-over-year improvement.
- 4
Adjusted EBITDA loss improved to $(1.1) million from $(2.1) million in the prior year quarter, a 48.6% year-over-year improvement.
- 5
Roadzen secured $9 million in additional capital during the quarter.
- 6
DrivebuddyAI achieved EU regulatory validation and surpassed 3.5 billion kilometers of real-world driving data.
- 7
Roadzen signed a definitive agreement to acquire a majority interest in a U.S. commercial auto Managing General Underwriter.
Management Comments
Rohan Malhotra
This was a very strong quarter for Roadzen, building on the momentum from last quarter — both in business performance and in strengthening our balance sheet. With over 3.5 billion kilometers of driving data powering DrivebuddyAI and more than 2.5 million claims and inspections processed annually through our platform, Roadzen now operates at a data scale unmatched in our industry. This depth of data and industrial knowledge in insurance is fueling our precision AI — built for mobility and insurance. We’ve asked our investors to track three things: our growth and path to breakeven, our leadership in innovation, and the addition of marquee client partnerships across geographies. We are confident we will deliver on these goals and continue to believe the Company is poised for sustained growth ahead.
Jean-Noël Gallardo
This was a strong quarter for Roadzen, reflecting disciplined cost management and meaningful operational improvements. During the quarter, and with the subsequent final close of the India subsidiary funding, we continued to strengthen our balance sheet, providing the runway to reach operational cash flow breakeven. Following quarter-end, we agreed in principle with Mizuho to extend our debt facility, further enhancing our financial flexibility and removing a significant short-term liability. Combined with ongoing AI-driven efficiencies and targeted expense optimization, we are confident this momentum will drive continued margin expansion and stronger cash flow in the second half of fiscal 2026.
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