NASDAQ$RDZN

Roadzen Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Roadzen reported its fiscal third quarter and first nine-months FY2025 financial results, showing a sequential increase in revenue and a significant decrease in net loss.

Roadzen Inc. announced its financial results for the fiscal third quarter ended December 31, 2024, with revenue totaling $12.1 million, a 1.8% increase sequentially. The company significantly reduced its net loss to $2.5 million, an 88% decrease from the previous quarter, and narrowed its Adjusted EBITDA loss. Roadzen also strengthened its balance sheet by eliminating $12.6 million in liabilities and launched a new AI product, MixtapeAI.

  • Third quarter 2025 Revenue totaled $12.1 million, an increase of 1.8% over the second quarter.
  • Net loss fell to $2.5 million, an 88% decrease from a $21.8 million net loss in the second fiscal quarter reflecting a clear path to breakeven.
  • Adjusted EBITDA loss for the fiscal third quarter of $1.87 million continues to narrow sequentially, decreasing approximately 13% over the second fiscal quarter.
  • Roadzen strengthened its balance sheet by reducing expenses and streamlining operations, eliminating $12.6 million in liabilities over the last 6 months utilizing $1.65 million in cash and approximately 1.2 million ordinary shares.

Headline financials

Total Revenue

$12.1M

Previous: $15.6M-22.6%
EPS (adj)

-$0.03

Previous: -$0.45+93.3%
Adjusted EBITDA Loss

-$1.87M

Previous: -$3.1M+39.6%
Gross Margin

64.6%

No prior period
Operating Expenses

$10.7M

No prior period
Avg. Monthly Cash Used in Operations

$1.1M

No prior period
Policies Sold

77.3K

Previous: 101.7K-24.0%
Claims, Roadside Assistance & Vehicle Inspections

698.7K

Previous: 486.9K+43.5%
Capital Expenditures

-$50.4K

No prior period
Net Income

-$2.52M

Previous: -$30.6M+91.8%
Operating Income

-$3.17M

Previous: -$31.3M+89.9%
Gross Profit

$7.82M

Previous: -$31.3M+125.0%
R&D Expense

$250K

Previous: $1.88M-86.7%

Revenue & EPS history

Roadzen · Revenue · Quarterly

$12.1M

Q3 2025-22.6%vs Q3 2024
Beat estimate in 3 of 6 quarters(50%)
ActualEstimate

Forward guidance

Roadzen anticipates revenue growth to resume strongly next quarter, supported by continued expansion in the U.S. and India, and the expected resumption of the U.K. business.

Tailwinds

  • Anticipate revenue growth to resume strongly next quarter.
  • Continued expansion in the U.S. market.
  • Continued expansion in the India market.
  • Expected resumption of the U.K. business in the next couple of quarters.
  • New product launches like MixtapeAI and AIS 184 compliance for DrivebuddyAI are expected to drive sustainable revenue growth.

Headwinds

  • Temporary countrywide suspension of GAP insurance sales in the U.K. market has impacted revenue.
  • The company is still operating at a net loss, though it has significantly decreased.
  • The company is still operating at an Adjusted EBITDA loss.
  • The company's revenue decreased by 23% compared to the same quarter last year.
  • The company's revenue for the nine months ending December 31, 2024, decreased by 11.6% compared to the same period last year.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 16 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+1.6%

Avg return

Earnings day

-1.7%

Avg return

5 days after

+3.3%

Avg return

30 days after

38%

6 / 16 earnings

Positive

+32.9%

Q4 2024

Best reaction

-9.8%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-5.3%-21.9%-22.5%
Q2 2026+3.1%+0.7%+26.7%
Q1 2026-9.8%-10.3%-14.7%
Q4 2025-5.6%-1.9%+44.3%
Q3 2025+15.5%-10.1%-25.3%
Q2 2025-6.4%-7.5%+105.8%
Q1 2025+2.2%+1.5%+10.6%
Q4 2024+32.9%+25.7%-30.6%
Q3 2024+0.5%+1.9%+0.2%
Q2 2024-0.6%-4.4%-39.0%
Q1 2024-0.3%-0.5%-5.9%
Q4 2023+0.0%+0.0%+0.5%
Q4 2022+0.0%+0.2%+1.0%
Q3 2022+0.1%+0.2%+0.9%
Q1 2022-0.2%-0.2%+0.5%
Q4 2021-0.1%+0.1%+0.0%
Q3 2021
Q1 2021

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