$RDZN Roadzen Reports Strongest Quarter in Two Years with

New Post Public Reply Private Reply Replies (0) Message Board
louied91
122
$RDZN Roadzen Reports Strongest Quarter in Two Years with $14.4 Million Third Quarter Revenue and Sixth Consecutive Quarter of Adjusted EBITDA Improvement

https://www.globenewswire.com/news-release/20...ement.html

Roadzen delivers 18.8% revenue increase and reduces operating loss by 25.4% over prior-year quarter

Strategic wins, new contracts and acquisitions, expand Roadzen’s U.S. market presence and full-stack operating capabilities, reinforcing its position as a global AI leader at the intersection of insurance and mobility

Year-over-year Sequential Revenue Growth; Record Nine-Month Revenue
Q3 revenue increased 18.8% over the prior-year quarter and 4.9% from Q2 to $14.4 million; nine-month revenue rose 18.3% to $38.9 million, marking a record nine months and Roadzen’s best quarter in the last two years.
Operating Loss Continue to Materially Decline; Sixth Consecutive Quarter of Adjusted EBITDA1 improvement
Q3 operating loss narrowed to $(2.4) million from $(3.2) million in the prior-year quarter, a 25.4% year-over-year improvement. Adjusted EBITDA loss improved 67.1% year-over-year to $(0.59) million from $(1.8) million in the prior-year quarter.
Roadzen India Valued at Approximately $280 Million Following VehicleCare Acquisition and Balance Sheet Strengthening
The transaction establishes a standalone valuation of Roadzen’s India business at approximately $280 million, implying a look-through value of roughly $3.50 per share. In November, Roadzen reached an agreement in principle to extend its $11.5 million senior secured debt facility with Mizuho Securities USA, LLC from December 31, 2025 to June 30, 2027.
Strategic Acquisitions Expand Roadzen into a Global AI leader in Auto Insurance
During and subsequent to the quarter, Roadzen identified two highly strategic acquisitions—closing on EliteCover in the United States and signed an agreement to acquire VehicleCare in India—positioning the Company to operate across the full insurance value chain. EliteCover provides Roadzen with direct access to the approximately $80 billion U.S. commercial auto insurance market through its MGU platform, while VehicleCare will transform Roadzen into a full-stack, AI-driven motor claims operating system with direct control over repair execution, cycle times, and cost outcomes at scale.
AI Platform Scale and Precision Continue to Differentiate Roadzen Globally
Roadzen’s applied AI platform now processes over 3 million insurance claims annually, leveraging billions of real-world driving data points to deliver high-precision underwriting, claims automation, telematics, and driver monitoring at scale across global insurance and mobility markets.

______________________________
1 Adjusted EBITDA is a non-GAAP financial metric. See “Non-GAAP Financial Measures” at the end of this press release for more information, including a reconciliation to the nearest GAAP financial measure.

NEW YORK, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, today announced its financial results for the three and nine-month periods ended December 31, 2025.

Commenting on the quarter financial accomplishment, Rohan Malhotra, founder and CEO of Roadzen, stated, “This quarter reflects the convergence of sustained business growth, expanding global customer adoption, and disciplined execution across Roadzen. We continue to secure new enterprise clients and multi-year contracts across North America, Europe, and India, while scaling existing deployments with insurers, automakers, and fleet operators. These wins underscore strong product-market fit across geographies and are driving both revenue growth and operating leverage.

Strategically, we have built capabilities that are increasingly difficult to replicate. EliteCover provides us with regulated access and distribution into the approximately $80 billion U.S. commercial auto insurance market, while VehicleCare gives us direct, on-the-ground control across repair execution. Importantly, our differentiation is rooted in real-world AI outcomes. Our domain-specific, mathematically rigorous models—trained on billions of real-world data inputs—deliver consistently high-precision decisioning across insurance and mobility workflows. This combination of proven AI accuracy, full-stack operating control, and global execution positions Roadzen as a leader in applied AI at the intersection of insurance and mobility.”

Roadzen’s CFO, Jean-Noël Gallardo, commented, “Q3 demonstrates the tangible results of disciplined execution. Revenue reached $14.4 million, up nearly 19% year-over-year, and operating losses continue to narrow as Adjusted EBITDA is now virtually at break-even. With operations nearing positive Adjusted EBITDA and capital managed prudently, Roadzen has significantly strengthened its financial position to support sustainable growth and drive long-term shareholder value.”

Third Quarter and First Nine-Months Financial Highlights:

Revenue and Key Performance Indicators:

Revenue for the third quarter totaled $14.4 million, a $2.3 million, or 18.8% increase over the same quarter last year and a sequential increase of approximately $0.7 million, or 4.9% over the second quarter.
Revenue for the nine months ending December 31, 2025, was $38.9 million, an increase of $6.0 million, or 18.3% over the same period last year.
Gross margin for the third quarter was 63.7% compared to 55.7% in the second quarter. For the nine-month period, gross margin improved nearly five points to 59.5% compared to 54.6% in the prior year.
As of December 31, 2025, Roadzen had 61 insurance customer agreements (including carriers, self-insureds and other entities processing insurance claims), 87 automotive customer agreements, and approximately 4,100 agents and fleet customer agreements. This compares to 34 insurance, 77 automotive and 3,700 agent and fleet customers as of December 31, 2024.
Roadzen brokerage business sold 149,810 policies during the third quarter for approximately $17.1 million of Gross Written Premium (“GWP”), compared to 77,326 policies in the prior fiscal year third quarter, producing $13.2 million of GWP.
In our IaaS business, 1,397,535 claims, roadside assistance and vehicle inspections were conducted during the three months ending December 31, 2025, an increase of approximately 100% compared to 698,657 for the same quarter last year.

Net Results:

Total operating expenses for the third quarter totaled approximately $16.7 million, primarily reflecting consolidation of the China joint venture.
Other expense totaled approximately $(7.1) million, including $5.2 million of non-cash fair value adjustments related to share price movements.
Net loss for the quarter totaled $(9.1) million, or $(0.12) per share, driven by non-cash fair value adjustments of $(0.07) per share.
Adjusted EBITDA loss for the quarter was $(0.59) million, compared to $(1.8) million in the prior-year quarter, marking Roadzen’s sixth consecutive quarter of sequential improvement.

Third Quarter Financial Developments

On October 6, 2025, the Company completed the final closing of its India subsidiary financing, raising an additional $2.5 million.
On November 4, 2025, Roadzen reached an agreement in principle with Mizuho Securities USA LLC, to extend the maturity of its $11.5 million senior secured debt facility to June 30, 2027.

Third Quarter Operational Highlights

DrivebuddyAI Developments:

Achieved EU GSR 2144 Driver Monitoring System validation by Applus IDIADA, expanding regulatory compliance beyond India AIS-184.
Surpassed 3.9 billion kilometers of real-world driving data, demonstrating over 70% accident reduction.
Secured five-year contracts with six Indian trucking fleets covering more than 1,500 vehicles, with deployment beginning March 2026.

Acquisitions:

EliteCover Acquisition – Entry into the $80 Billion U.S. Commercial Auto Insurance Market
On December 3, 2025, Roadzen acquired majority control of EliteCover, a U.S.-based licensed commercial auto insurance broker and Managing General Underwriter operating in California, Texas, Illinois, and New Jersey, with Lloyd’s of London Coverholder status. The acquisition provides Roadzen with a regulated underwriting and distribution platform to participate directly in the approximately $80 billion U.S. commercial auto insurance market. Combined with Roadzen’s AI-powered underwriting, telematics-driven risk management, automated claims, and integrated roadside assistance through National Auto Club, EliteCover enables an end-to-end commercial auto insurance offering operating on a commission- and fee-based model with no underwriting risk, generating 15-20% of premiums per policy plus fee income and profit share.

Subsequent Events

VehicleCare Acquisition – Full-Stack Motor Claims Control
Subsequent to quarter-end, Roadzen signed an agreement to acquire VehicleCare, an AI-powered vehicle repair and workshop aggregation platform. VehicleCare’s software-enabled network of over 350 workshops across India enables Roadzen to directly manage repair timelines, quality, and cost outcomes, delivering over 30% loss cost reduction versus OEM garages while materially improving cycle times, transparency, and fraud control.

The transaction values Roadzen’s India subsidiary at approximately $280 million, implying a look-through value of roughly $3.50 per Roadzen share. Roadzen expects to retain approximately 91% ownership of the India subsidiary and anticipates the acquisition will add approximately $10 million of high-margin revenue over the next twelve months.
Scroll down for more posts ▼

Top 10 Most Recent News Articles

AI Visibility: A Game Changer for SEO in 2027?

Updated Category News Views 2

AI Changes the SEO Game Rank Math, the brains behind a trusty WordPress SEO plugin, has thrown a bold prediction at us: AI visibility is set to become a standard SEO metric next year. Gurugram, India, saw this gem of an announcement on October 9, 2026. So, what's ticking here? Consumers, more than ever, are resting on AI-generated answers to make decisions. It's like...

Continue Reading
2026 Leica Oskar Barnack Awards Spotlight Global Talent

Updated Category News Views 6

Winners Redefine Photography's Boundaries in 2026 Photographers are like modern-day storytellers, freezing moments in time and weaving visual narratives that provoke thought—or at least that's what the folks behind the Leica Oskar Barnack Award (LOBA) seem to believe. This year's ceremony upped the ante, not just handing out glittering prizes and shiny cameras, but...

Continue Reading
PrideStaff: 8 Years Strong on Franchise Times Top 400

Updated Category News Views 4

Where PrideStaff Stands in the Franchise Landscape Here's something the staffing world can't ignore: PrideStaff nailed it again, landing among the giants on the Franchise Times Top 400 for the eighth straight year. Sitting at number 217, this ain't just a lucky streak—this is a sustained homerun, my friends. Consistency Is Key, And They're Holding It Consider this...

Continue Reading
Full Sail University Bags Billboard Music School Honor

Updated Category News Views 8

Full Sail Scores a Billboard Nod — What's the Big Deal? Alright, Full Sail University just snagged a spot on Billboard Magazine's 2026 Top Music Business Schools list. That's no small fry, folks. This Florida institution has been carving out a niche in the music business education scene with a hands-on learning approach that hits the nail right on the head. The Recipe...

Continue Reading
HackerOne Finds Cybersecurity Challenges in Exposure Debt

Updated Category News Views 11

Understanding the Implications of 'Exposure Debt' When you hear about 'exposure debt', it's not just tech jargon—it's a core issue hacking at the very safety nets companies rely on. This term, highlighted in HackerOne's latest Security Research Report, marks a stark reality in cybersecurity. The backlog of verified yet unresolved vulnerabilities surged a whopping 131%...

Continue Reading
Aspen Dental Brings Comprehensive Care to Whiteville

Updated Category News Views 6

Bringing Dentistry Closer to Home Now, Whiteville's dental game just got a power-up, with Aspen Dental setting up shop in town. This isn't just another practice popping up—it's a full-on dental hub offering everything from regular cleanings to emergency tooth fixes. And let’s face it, this area's diverse population needs it. The Man Behind the Chair Guess who’s at...

Continue Reading
Strategic Move: Chimney Collective Teams with Four Winds

Updated Category News Views 4

A Partnership Fueled by Legacy and Growth In the world of brick, mortar, and flue, a big play just unfolded. Chimney Collective, flexing its investment muscle, has hitched its wagon to Four Winds Chimney, a company that's carved out quite a niche in New York's chimney scene. We're not talking about a corporate takeover here; this is about putting money where growth and...

Continue Reading
CellFiber Expands to Philly: Boosting US Biotech Scene

Updated Category News Views 2

CellFiber's Leap into 'Cellicon Valley' Folks, when the biotech winds start blowing, you better have your sails up. CellFiber Co., Ltd., a Tokyo-based innovator, has landed itself a comfy spot in the City of Brotherly Love. We're talking Philadelphia, folks, or, as it's dubbed in certain circles, 'Cellicon Valley.' Now if that's not a name that screams biotech pedigree, I...

Continue Reading
Newfold Digital Revamps Leadership for Growth Surge

Updated Category News Views 6

Steering into New Horizons with Fresh Leadership October 2026 marks a fresh chapter for Newfold Digital, as they shuffle the deck chairs a bit and ramp up for some ambitious growth endeavors. This web and commerce tech company decided it's time to bring a few heavy hitters on board. Starting this month, watch out for Sachin Puri taking the reins as Chief Executive...

Continue Reading
Boliden's Q3 2026 Results: What's on the Horizon?

Updated Category News Views 2

Boliden Ready to Reveal Q3 Numbers Mark it down, folks. Thursday, October 29, 2026, is the day when Boliden's big wigs will step up to the plate and lay their cards on the table about the company's performance over the last quarter. If you've got any skin in this mining powerhouse, you'll want a front-row seat—or at least a virtual one if you're dialing in from...

Continue Reading

Top 5 Most Recently Viewed Articles

MACOM Executive's Stock Sales Highlight Company Confidence

Updated Category News Views 58

Key Highlights of Recent MACOM Stock Sales MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) has recently drawn attention following a significant stock sale by Robert Dennehy, the Senior Vice President of Operations. Dennehy sold 6,915 shares of common stock, which brought in more than $700,000. This sale took place on a noteworthy day for the stock market, with...

Continue Reading
Upcoming Financial Results Announcement for New Oriental

Updated Category News Views 111

New Oriental Set to Reveal Financial Results New Oriental Education and Technology Group Inc. (NYSE: EDU) has exciting news for its stakeholders! The company, known for its comprehensive educational services in China, is gearing up to report its financial outcomes for the second quarter. This event is scheduled for January 28, and is eagerly anticipated by investors and...

Continue Reading
UAB Kvartalas Exceeds Expectations with Latest Bond Offering

Updated Category News Views 215

UAB Kvartalas’ Successful Bond Offering UAB "Kvartalas" aimed to raise 5 million euros through the third tranche of bond offerings designed to support the development of its "S?varž?l?" business center. The initial duration of this offering was set to run for ten days, but due to surprisingly high investor demand witnessed in earlier tranches, the issuing company had...

Continue Reading
Descartes Systems Group Set to Reveal Annual Financials Insights

Updated Category News Views 119

Descartes Systems Group Fiscal Year-End Financial Announcement Descartes Systems Group (NASDAQ: DSGX), a leader in the logistics sector, is preparing to share its fiscal year-end financial results. This critical announcement is set to take place after the market closes, marking an exciting moment for stakeholders and industry observers alike. Key Details of the Financial...

Continue Reading
Discover the Adjustable Potted Plant Stabilizer Innovation

Updated Category News Views 136

Exploring the Innovative Adjustable Potted Plant Stabilizer In the world of gardening, one challenge that plant lovers often face is ensuring stability for their beloved potted plants. InventHelp has unveiled an ingenious solution that addresses this very issue: the Adjustable Potted Plant Stabilizer. This invention aims to provide unparalleled support to plants, keeping...

Continue Reading