Root Inc (ROOT)

Name: Root Inc Financial Statements
Creator: Quarter Results

Financial Services | Insurance Property Casualty

Latest reporting period: 2026-03-31

Latest Quarter

2026-03-31

Revenue

$394M

Net Income

$35.9M

Operating Margin

9.2%

Free Cash Flow

$192M

Debt / Assets

74.2%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Root Inc (ROOT).
Income Statement (Quarterly)	2026-03-31	2025-03-31	2024-12-31	2024-09-30
Revenue	393,500,000	9,400,000	326,700,000	305,700,000
Cost of Revenue	226,200,000	5,300,000	7,400,000	0
Gross Profit	167,300,000	4,100,000	326,700,000	305,700,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	51,800,000	72,000,000	54,000,000	51,500,000
Operating Expenses	131,200,000	-14,300,000	291,800,000	271,300,000
Operating Income	36,100,000	18,400,000	34,900,000	34,400,000
Interest Expense	4,800,000	5,300,000	7,400,000	11,600,000
Income Before Tax	36,100,000	18,400,000	22,100,000	22,800,000
Income Tax Expense	200,000	0	0	0
Net Income	35,900,000	18,400,000	22,100,000	21,700,000
Per Share
EPS	2.19	1.15	1.38	1.52
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Root Inc (ROOT).
Income Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Revenue	1,517,100,000	1,176,500,000	455,000,000	310,800,000	345,400,000
Cost of Revenue	1,130,500,000	42,200,000	0	0	0
Gross Profit	386,600,000	1,176,500,000	455,000,000	310,800,000	0
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	271,700,000	205,300,000	132,600,000	175,400,000	433,300,000
Operating Expenses	345,800,000	1,098,000,000	455,000,000	573,900,000	0
Operating Income	40,800,000	78,500,000	-101,300,000	-263,100,000	-485,200,000
Interest Expense	21,000,000	42,200,000	46,100,000	34,600,000	20,000,000
Income Before Tax	40,800,000	30,900,000	-147,400,000	-297,700,000	-521,100,000
Income Tax Expense	-500,000	0	0	-303,900,000	0
Net Income	40,300,000	30,900,000	-147,400,000	6,200,000	-521,100,000
Per Share
EPS	2.49	2.05	-10.24	0.44	-37.49
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Root Inc (ROOT).
Balance Sheet (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	689,900,000	599,300,000	678,700,000	762,100,000
Short Term Investments	0	306,800,000	26,300,000	128,800,000
Net Receivables	332,800,000	0	372,400,000	260,700,000
Inventory	0	0	-926,700,000	-1,179,300,000
Total Current Assets	1,022,700,000	0	678,700,000	874,400,000
Property Plant Equipment	3,200,000	0	6,300,000	5,500,000
Goodwill and Intangibles	27,600,000	0	19,200,000	26,500,000
Total Assets	1,538,400,000	1,495,700,000	1,347,700,000	1,312,900,000
Liabilities
Account Payables	0	103,900,000	120,000,000	159,500,000
Short Term Debt	2,300,000	0	3,000,000	3,200,000
Total Current Liabilities	389,700,000	301,400,000	224,200,000	39,700,000
Long Term Debt	199,000,000	196,300,000	291,100,000	295,400,000
Total Liabilities	1,142,100,000	1,292,000,000	1,070,000,000	1,035,800,000
Shareholders Equity
Retained Earnings	-1,641,600,000	0	-1,715,200,000	-1,567,800,000
Total Shareholders Equity	396,300,000	203,700,000	277,700,000	277,100,000

Balance sheet annual history for Root Inc (ROOT).
Balance Sheet (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Assets
Cash and Cash Equivalents	689,900,000	599,300,000	678,700,000	762,100,000	706,000,000
Short Term Investments	0	306,800,000	26,300,000	128,800,000	129,900,000
Net Receivables	332,800,000	0	372,400,000	260,700,000	303,100,000
Inventory	0	0	-926,700,000	-1,179,300,000	0
Total Current Assets	1,022,700,000	0	678,700,000	874,400,000	858,800,000
Property Plant Equipment	3,200,000	0	6,300,000	5,500,000	10,300,000
Goodwill and Intangibles	27,600,000	0	19,200,000	26,500,000	0
Total Assets	1,538,400,000	1,495,700,000	1,347,700,000	1,312,900,000	1,319,300,000
Liabilities
Account Payables	0	103,900,000	120,000,000	159,500,000	130,700,000
Short Term Debt	2,300,000	0	3,000,000	3,200,000	0
Total Current Liabilities	389,700,000	301,400,000	224,200,000	39,700,000	0
Long Term Debt	199,000,000	196,300,000	291,100,000	295,400,000	0
Total Liabilities	1,142,100,000	1,292,000,000	1,070,000,000	1,035,800,000	782,900,000
Shareholders Equity
Retained Earnings	-1,641,600,000	0	-1,715,200,000	-1,567,800,000	-1,270,100,000
Total Shareholders Equity	396,300,000	203,700,000	277,700,000	277,100,000	536,400,000

Cash flow quarterly history for Root Inc (ROOT).
Cash Flow Statement (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Operating Activities
Net Income	40,300,000	30,900,000	-147,400,000	-297,700,000
Depreciation & Amortization	11,800,000	14,900,000	7,800,000	13,800,000
Stock Based Compensation	40,100,000	22,300,000	34,700,000	30,500,000
Change in Working Capital	58,400,000	88,600,000	52,700,000	12,300,000
Operating Cash Flow	206,500,000	195,700,000	-33,600,000	-210,600,000
Investing Activities
Capital Expenditure	-14,100,000	-11,800,000	-9,400,000	-10,100,000
Investments	-14,100,000	-400,000	-9,400,000	-10,100,000
Investing Cash Flow	-91,700,000	-154,400,000	-45,700,000	-16,600,000
Financing Activities
Debt Repayment	0	-102,700,000	0	-286,000,000
Common Stock Issued/Repurchased	300,000	-3,000,000	-4,100,000	-6,000,000
Dividends Paid	0	0	0	-286,000,000
Financing Cash Flow	-25,200,000	-120,700,000	-4,099,999	283,300,000
Summary
Free Cash Flow	192,400,000	183,900,000	-43,000,000	-220,700,000
Net Change in Cash	89,600,000	-79,400,000	-83,400,000	56,100,000

Cash flow annual history for Root Inc (ROOT).
Cash Flow Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Operating Activities
Net Income	40,300,000	30,900,000	-147,400,000	-297,700,000	-521,100,000
Depreciation & Amortization	11,800,000	14,900,000	7,800,000	13,800,000	16,600,000
Stock Based Compensation	40,100,000	22,300,000	34,700,000	30,500,000	19,300,000
Change in Working Capital	58,400,000	88,600,000	52,700,000	12,300,000	52,300,000
Operating Cash Flow	206,500,000	195,700,000	-33,600,000	-210,600,000	-403,400,000
Investing Activities
Capital Expenditure	-14,100,000	-11,800,000	-9,400,000	-10,100,000	-11,200,000
Investments	-14,100,000	-400,000	-9,400,000	-10,100,000	-4,600,000
Investing Cash Flow	-91,700,000	-154,400,000	-45,700,000	-16,600,000	76,900,000
Financing Activities
Debt Repayment	0	-102,700,000	0	-286,000,000	-199,500,000
Common Stock Issued/Repurchased	300,000	-3,000,000	-4,100,000	-6,000,000	116,000,000
Dividends Paid	0	0	0	-286,000,000	0
Financing Cash Flow	-25,200,000	-120,700,000	-4,099,999	283,300,000	-80,300,000
Summary
Free Cash Flow	192,400,000	183,900,000	-43,000,000	-220,700,000	-414,600,000
Net Change in Cash	89,600,000	-79,400,000	-83,400,000	56,100,000	-406,800,000