Roadzen posts record Q4 revenue $16.1M, FY2026 revenue $55.0M; adjusted EBITDA loss narrows

Roadzen reported record fourth-quarter revenue of $16.1 million (up 42% year-over-year) and full-year FY2026 revenue of $55.0 million (up 24% year-over-year). The company narrowed its FY2026 net loss to $(22.5) million and reduced the full-year Adjusted EBITDA loss to $(3.5) million, marking seven consecutive quarters of Adjusted EBITDA improvement. Roadzen exited FY2026 at an approximately $64 million annualized revenue run-rate and secured over $30 million in new annual revenue commitments in early FY2027.

Financial Highlights

• Revenue: Q4 FY2026 revenue $16.1 million; FY2026 revenue $55.0 million (24% YOY growth).
• Gross margin: Q4 gross margin 65.7%; FY2026 gross margin 61.3% (up from 57.5% in FY2025).
• Operating income (loss): Loss from operations for FY2026 $(13.997) million (improved from $(60.813) million in FY2025).
• Net income (loss): Net loss attributable to ordinary shareholders for FY2026 $(22.516) million, or $(0.29) per share (FY2025: $(72.870) million, or $(1.04) per share).
• Adjusted EBITDA: FY2026 Adjusted EBITDA loss $(3.511) million (improved from $(8.398) million in FY2025); Q4 Adjusted EBITDA loss $(0.438) million (improved from $(1.617) million year-ago).

Business Highlights

• Record quarterly performance driven by expansion across insurance, mobility, and AI-powered fleet intelligence with higher enterprise adoption and scaling deployments globally.
• Platform scale: AI platform processes over 3 million insurance claims annually and leverages more than 4 billion miles of driving data; drivebuddyAI patents expanded and IP portfolio exceeds 15 patents.
• Strategic acquisitions: Majority control of EliteCover (U.S. commercial auto broker/MGU) and acquisition of VehicleCare (repair/workshop aggregation) to enable end-to-end commercial auto offerings and full-stack claims control.
• Operational milestones and partnerships: VehicleCare integrated with insurer mandates and TEMOT partnership; drivebuddyAI secured fleet contracts and certifications under AIS-184, EU GSR 2144, and Euro NCAP 2026 standards.
• Commercial momentum into FY2027: Company reported over $30 million in new annual revenue commitments (insurance contracts, OEM partnerships, fleet deployments, carrier capacity) and an approximate $64 million annualized revenue run-rate at fiscal year end.

Original SEC Filing:

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