Root, Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Premiums Earned	1,444	1,402	1,071	399.9	285.9	310.3
Investment Income	33.7	33.7	35.9	30.2	6.2	5
Net Gains on Investments	0.1	-	-	-	0.5	2.4
Total Other Revenues	83.3	81.7	69.7	24.9	18.2	27.7
Revenue	1,561	1,517	1,177	455	310.8	345.4
Revenue Growth (YoY)	22.83%	28.95%	158.57%	46.40%	-10.02%	-0.40%
Insurance Benefits & Claims	-944.8	-924.2	-733	-331.3	-351	-392.3
Policy Amortization Costs	-150.6	-174.8	-135.8	-49.3	-48	-270.2
Other Operating Expenses	-386.8	-356.3	-229.2	-175.7	-174.9	-168.1
Operating Income	79	61.8	78.5	-101.3	-263.1	-485.2
Interest Expense	31.1	21	42.2	46.1	-34.6	-20
Other Non-Operating Income (Expense)	-	-	5.4	-	-	-15.9
Total Non-Operating Income (Expense)	31.1	21	47.6	46.1	-34.6	-35.9
Pretax Income	58.5	40.8	30.9	-147.4	-297.7	-521.1
Provision for Income Taxes	0.7	0.5	-	-	-	-
Net Income	54.8	38.3	29.2	-147.4	-297.7	-521.1
Net Income Attributable to Preferred Dividends	-4.4	-2	-1.7	-	-	-
Net Income to Common	54.8	38.3	29.2	-147.4	-297.7	-521.1
Net Income Growth	4.78%	31.16%	-	-	-	-
Shares Outstanding (Basic)	15	15	15	14	14	14
Shares Outstanding (Diluted)	17	17	17	14	14	14
Shares Change (YoY)	1.36%	1.18%	17.36%	2.13%	2.17%	228.57%
EPS (Basic)	3.53	2.49	1.96	-10.24	-21.11	-37.76
EPS (Diluted)	3.34	2.36	1.83	-10.24	-21.11	-37.76
EPS Growth	4.38%	28.96%	-	-	-	-
Shares Outstanding	15.7	15.5	15.1	14.5	14.2	14.04
Free Cash Flow	189	206.5	195.3	-33.8	-210.6	-408
Free Cash Flow Growth	-8.48%	5.73%	-	-	-	-
Free Cash Flow Per Share	11.30	12.08	11.56	-2.35	-14.94	-29.57
Operating Margin	5.06%	4.07%	6.67%	-22.26%	-84.65%	-140.47%
Profit Margin	3.70%	2.66%	2.63%	-32.40%	-95.79%	-150.87%
FCF Margin	12.11%	13.61%	16.60%	-7.43%	-67.76%	-118.12%
EBITDA	91.9	73.6	93.4	-88.7	-249.3	-468.6
EBITDA Margin	5.89%	4.85%	7.94%	-19.49%	-80.21%	-135.67%
EBIT	79	61.8	78.5	-101.3	-263.1	-485.2
EBIT Margin	5.06%	4.07%	6.67%	-22.26%	-84.65%	-140.47%
Effective Tax Rate	1.20%	1.23%	0.00%	0.00%	0.00%	0.00%

Updated May 6, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q