ROOT
Root, Inc.
NASDAQ · Financial Services · Insurance - Property & Casualty · US
$56.59
+2.17%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 1.6B | 1.5B | 1.2B | 455.0M | 310.8M |
| Cost of Revenue | 1.1B | 1.1B | 839.4M | 378.9M | 343.0M |
| Gross Profit | 494.4M | 386.6M | 337.1M | 76.1M | (32.2M) |
| Operating Expenses | |||||
| R&D Expense | 15.5M | — | — | — | — |
| SG&A Expense | 231.6M | 271.7M | 205.3M | 132.6M | 175.4M |
| General & Admin Expense | 92.8M | 96.9M | 69.5M | 83.3M | 127.4M |
| Selling & Marketing Expense | 138.8M | 174.8M | 135.8M | 49.3M | 48.0M |
| Other Expenses | 185.2M | 74.1M | 100.9M | 90.9M | 90.1M |
| Total Operating Expenses | 432.3M | 345.8M | 306.2M | 223.5M | 265.5M |
| Cost and Expenses | 1.5B | 1.5B | 1.1B | 602.4M | 608.5M |
| Operating Income (EBIT) | 62.1M | 40.8M | 30.9M | (147.4M) | (297.7M) |
| Non-Operating | |||||
| Interest Income | 40.9M | 40.1M | 41.5M | 32.8M | 8.1M |
| Interest Expense | 19.3M | 21.0M | 42.2M | 46.1M | 34.6M |
| Net Interest Income | 21.6M | 19.1M | (700.0K) | (13.3M) | (26.5M) |
| Other Non-Op Income/Expense | — | — | — | — | — |
| Non-Operating Income (excl Interest) | (19.3M) | (21.0M) | (42.2M) | (46.1M) | (34.6M) |
| EBT (Pre-Tax Income) | 62.1M | 40.8M | 30.9M | (147.4M) | (297.7M) |
| Income Tax Expense | (100.0K) | (500.0K) | — | — | — |
| Bottom Line | |||||
| Net Income | 61.2M | 40.3M | 30.9M | (147.4M) | (297.7M) |
| Earnings from Cont. Ops | 62.2M | 41.3M | 30.9M | (147.4M) | (297.7M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 58.0M | 38.3M | 29.2M | (147.4M) | (297.7M) |
| Per Share | |||||
| Basic EPS | $3.71 | $2.49 | $1.96 | ($10.24) | ($21.11) |
| Diluted EPS | $3.37 | $2.24 | $1.83 | ($10.24) | ($21.11) |
| Revenue Per Share | $99.84 | $97.88 | $78.96 | $31.60 | $22.04 |
| Shares | |||||
| Basic Shares Outstanding | 15.7M | 15.5M | 14.9M | 14.4M | 14.1M |
| Diluted Shares Outstanding | 17.0M | 17.2M | 16.9M | 14.4M | 14.1M |
| Profitability Metrics | |||||
| EBITDA | 95.0M | 73.6M | 88.0M | (88.7M) | (249.3M) |
| D&A | 13.6M | 11.8M | 14.9M | 12.6M | 13.8M |
| EBIT | 81.4M | 61.8M | 73.1M | (101.3M) | (263.1M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026