Every 10-Q that Roadzen, Inc. (RDZN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow RDZN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RDZN filings page.
Roadzen Inc., a British Virgin Islands-based insurtech platform, reported first-quarter results for the three months ended June 30, 2026. Revenue was $16,194,324, up from $10,865,545 a year earlier, driven by its insurance distribution and support services.
The company remained loss-making, with a net loss attributable to ordinary shareholders of $9,794,375 versus $4,005,770 in the prior-year quarter, weighed down by $2,854,699 of net interest expense and $7,210,865 of fair value losses on financial instruments. Operating cash burn was substantial: net cash used in operating activities was $5,473,162, while cash and cash equivalents (including restricted cash) were $6,221,147 at quarter-end.
The balance sheet is highly leveraged. Total liabilities were $78,352,492 against total assets of $47,720,671, leaving a shareholders’ deficit of $33,798,313 and an overall deficit of $30,631,821. Management states that recurring operating losses, negative operating cash flows and negative working capital raise substantial doubt about Roadzen’s ability to continue as a going concern. The company is pursuing a mitigation plan involving additional debt and equity financing, liability restructurings, and has used its Form S-3 shelf to raise capital, including $7,460,000 of equity proceeds in the quarter and prior gross proceeds of $7,999,979 in May 2026. Debt facilities remain significant and expensive, including $11.5 million of senior secured notes recently extended to July 7, 2027, junior business loans with high effective payment multipliers, and convertible notes with interest rates around 14%.
Roadzen Inc. reported higher revenue but continued losses and liquidity pressure for the quarter and nine months ended December 31, 2025. Quarterly revenue rose to $14.4 million from $12.1 million, and nine‑month revenue reached $38.9 million versus $32.9 million a year earlier, reflecting growth in its insurtech services.
The company still posted a quarterly net loss attributable to ordinary shareholders of $9.1 million and a nine‑month net loss of $15.3 million, though this was much lower than the prior year’s $72.7 million loss, which included very large stock‑based compensation.
At December 31, 2025, Roadzen held $5.1 million in cash and cash equivalents and total assets of $44.9 million, against $69.0 million of total liabilities. Shareholders’ deficit widened to $26.6 million, with current liabilities of $63.2 million significantly exceeding current assets.
The company used $16.5 million of cash in operating activities over nine months, partly offset by $16.0 million of net cash from financing, including equity issuances and new borrowings. Management discloses “substantial doubt” about Roadzen’s ability to continue as a going concern but describes an active plan involving additional financings, liability restructurings, and prior equity raises under a shelf registration to improve liquidity.
Roadzen Inc. reports higher revenue but remains deeply loss-making and highly leveraged for the quarter ended September 30, 2025. Revenue grew to $13.7 million for the quarter and $24.5 million for the six months, up from $11.9 million and $20.8 million a year earlier, while quarterly net loss attributable to ordinary shareholders narrowed sharply to $2.1 million from $21.8 million.
Total assets were $41.5 million against total liabilities of $62.4 million, leaving a shareholders’ deficit of $28.0 million and a negative working capital position, with current liabilities of $61.3 million versus current assets of $34.1 million. Cash and cash equivalents, including restricted cash, were $5.2 million, and operating activities used $9.0 million of cash in the six-month period.
Management discloses substantial doubt about the company’s ability to continue as a going concern due to recurring losses, negative operating cash flows and a significant working capital deficit, but points to a mitigation plan involving debt restructuring, converting liabilities to equity and multiple equity raises under a Form S-3 shelf registration that have brought in several rounds of gross proceeds.
Roadzen Inc. reported revenue of $10.9 million for the quarter, up about 22% from $8.93 million a year earlier, while narrowing its net loss to $4.0 million from $48.4 million. Operating losses improved materially as general and administrative expenses fell sharply to $2.58 million and non-cash fair value losses declined to $0.51 million, helping reduce loss per share to $0.05 on a weighted average of 74.29 million shares.
Liquidity and leverage remain the company’s primary risks: cash and restricted cash totaled $3.34 million, current liabilities exceeded current assets by about $33.5 million, and short-term borrowings were $20.59 million. Management disclosed substantial doubt about going concern but reports completed equity raises and junior convertible notes and is pursuing liability restructurings. The company also faces an unresolved contractual dispute over a prepaid forward arrangement that prevents a current, reliable valuation of that receivable.