Root, Inc. (ROOT) Financial Statements
Industry: Fire, Marine & Casualty Insurance
In fiscal 2025, Root reported revenue of $1.52B, up 29.0% from $1.18B the year before. Net income was $40.3M (a 2.7% net margin), or $2.36 per diluted share. Operating margin was 4.1%. Operating activities generated $206.5M of cash. At fiscal year end, Root held $1.67B in total assets against $1.28B in total liabilities, including $669.3M of cash and equivalents.
Open the full interactive Root financials → Quarterly statements, key ratios, valuation history and price charts.
Root Key Stats
| Share Price | $48.75 |
|---|---|
| Market Cap | $828.8M |
| P/E Ratio | 20.7 |
| Revenue YoY Growth | +28.9% |
| 52-Week Range | $43.21 – $90.86 |
| Shares Outstanding | 15.7 million (basic, 2026 Q2) |
Root Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $346.8M | $345.4M | $310.8M | $455.0M | $1.18B | $1.52B |
| Operating Income | — | -$485.2M | -$263.1M | -$101.3M | $78.5M | $61.8M |
| Pre-Tax Income | -$363.0M | -$521.1M | -$297.7M | -$147.4M | $30.9M | $40.8M |
| Income Tax | $0 | $0 | $0 | $0 | $0 | $500,000 |
| Net Income | -$363.0M | -$521.1M | -$297.7M | -$147.4M | $30.9M | $40.3M |
| Diluted EPS | -$86.58 | -$37.62 | -$21.11 | -$10.24 | $1.83 | $2.36 |
Root Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $387.8M | $397.0M | $393.5M | $389.2M |
| Net Income | -$5.4M | $5.3M | $35.9M | $25.4M |
| Diluted EPS | -$0.35 | $0.31 | $2.09 | $1.49 |
Root Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.11B | $706.0M | $762.1M | $678.7M | $599.3M | $669.3M |
| Total Assets | $1.76B | $1.32B | $1.31B | $1.35B | $1.50B | $1.67B |
| Total Long-Term Debt | $188.2M | — | $295.4M | $299.0M | $200.1M | $200.3M |
| Total Liabilities | $729.9M | $670.9M | $923.8M | $1.07B | $1.18B | $1.28B |
| Shareholders' Equity | $1.03B | $536.4M | $277.1M | $165.7M | $203.7M | $284.3M |
Root Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$287.2M | -$403.4M | -$210.6M | -$33.6M | $195.7M | $206.5M |
| Cash From Investing | -$114.1M | $76.9M | -$16.6M | -$45.7M | -$154.4M | -$91.7M |
| Cash From Financing | $1.10B | -$80.3M | $283.3M | -$4.1M | -$120.7M | -$25.2M |
| Free Cash Flow | -$289.0M | -$408.0M | -$210.6M | -$33.8M | $195.3M | $206.5M |
Figures from Root's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Root financials page for every line item.
Root Company Profile
| Ticker | ROOT |
|---|---|
| Exchange | Nasdaq |
| Industry | Fire, Marine & Casualty Insurance |
| Headquarters | Columbus, Ohio |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001788882 |
Frequently Asked Questions
What was Root's revenue in fiscal 2025?
Root (ROOT) reported revenue of $1.52B for fiscal 2025.
What is Root's annual revenue history?
Root's annual revenue by fiscal year: 2020: $346.8M; 2021: $345.4M; 2022: $310.8M; 2023: $455.0M; 2024: $1.18B; 2025: $1.52B.
What was Root's net income in fiscal 2025?
Root reported net income of $40.3M for fiscal 2025.
What was Root's earnings per share (EPS) in fiscal 2025?
Root's diluted EPS was $2.36 for fiscal 2025 (adjusted for any later stock splits).
What was Root's revenue last quarter?
In its most recent reported quarter (2026 Q2), Root reported revenue of $389.2M.
How much debt does Root have?
Root reported $200.3M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Root are outstanding?
Root reported a weighted average of 15.7 million basic shares outstanding in 2026 Q2.
What is Root's market cap?
Based on its latest closing price, Root (ROOT) has a market capitalization of about $828.8M.
When does Root's fiscal year end?
Root's fiscal year end, as registered with the SEC, is December 31.
Where is Root headquartered?
Root lists its business address in Columbus, Ohio in its SEC filings.