ROOT
Root Inc
NASDAQ: ROOT · FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY
$55.05
+0.27% today
Updated 2026-05-06
Market cap
$871.01M
P/E ratio
23.33
P/S ratio
0.57x
EPS (TTM)
$2.36
Dividend yield
—
52W range
$41 – $163
Volume
0.3M
Root Inc (ROOT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $43.30M | $290.20M | $346.80M | $345.40M | $310.80M | $455.00M | $1.18B | $1.52B |
| Revenue growth (YoY) | — | +570.2% | +19.5% | -0.4% | -10.0% | +46.4% | +158.6% | +29.0% |
| Cost of revenue | $53.70M | $373.70M | $361.00M | $397.30M | $343.00M | $378.90M | $839.40M | $1.13B |
| Gross profit | $-10.40M | $-83.50M | $-14.20M | $-51.90M | $-32.20M | $76.10M | $337.10M | $386.60M |
| Gross margin | -24.0% | -28.8% | -4.1% | -15.0% | -10.4% | 16.7% | 28.7% | 25.5% |
| R&D | — | — | $52.90M | $65.50M | $55.50M | $44.80M | $53.30M | $53.10M |
| SG&A | $9.30M | $43.00M | $78.50M | $97.60M | $127.40M | $83.30M | $69.50M | $96.90M |
| Operating income | $-69.10M | $-282.40M | $-363.00M | $-521.10M | $-297.70M | $-147.40M | $30.90M | $40.80M |
| Operating margin | -159.6% | -97.3% | -104.7% | -150.9% | -95.8% | -32.4% | 2.6% | 2.7% |
| EBITDA | $-67.60M | $-255.20M | $-269.70M | $-484.50M | $-249.30M | $-88.70M | $88.00M | $73.60M |
| EBITDA margin | -156.1% | -87.9% | -77.8% | -140.3% | -80.2% | -19.5% | 7.5% | 4.9% |
| EBIT | $-68.20M | $-260.10M | $-285.30M | $-501.10M | $-263.10M | $-101.30M | $73.10M | $61.80M |
| Interest expense | $900000.00 | $22.30M | $77.70M | $20.00M | $34.60M | $46.10M | $42.20M | $21.00M |
| Income tax | $438859.00 | $-282.40M | $-368.40M | $16.36M | $-303.90M | $-155.20M | $30.90M | — |
| Effective tax rate | -0.6% | 50.0% | 50.4% | -3.2% | 50.5% | 51.3% | 50.0% | 0.0% |
| Net income | $-69.10M | $-282.40M | $-363.00M | $-521.10M | $-297.70M | $-147.40M | $30.90M | $40.30M |
| Net income growth (YoY) | — | -308.7% | -28.5% | -43.6% | +42.9% | +50.5% | +121.0% | +30.4% |
| Profit margin | -159.6% | -97.3% | -104.7% | -150.9% | -95.8% | -32.4% | 2.6% | 2.7% |