Root, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 09/30/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.5B | $1.2B | $455.0M | $310.8M | — |
| Operating expenses | $1.5B | $1.1B | $556.3M | $573.9M | — |
| Operating income | $61.8M | $78.5M | -$101.3M | -$263.1M | — |
| Interest expense | $21.0M | $42.2M | $46.1M | $34.6M | — |
| Pretax income | $40.8M | $30.9M | -$147.4M | -$297.7M | — |
| Income tax expense | $500,000 | $0 | $0 | $0 | — |
| Net income | $40.3M | $30.9M | -$147.4M | -$297.7M | — |
| Balance Sheet | |||||
| Cash and equivalents | $669.3M | $599.3M | $678.7M | $762.1M | — |
| Total assets | $1.7B | $1.5B | $1.3B | $1.3B | — |
| Total liabilities | $1.3B | $1.2B | $1.1B | $923.8M | — |
| Total debt | $200.0M | $200.0M | $300.0M | — | — |
| Stockholders' equity | $284.3M | $203.7M | $165.7M | $277.1M | $321.8M |
| Cash Flow Statement | |||||
| Cash from operations | $206.5M | $195.7M | -$33.6M | -$210.6M | — |
| Depreciation and amortization | $11.8M | $14.9M | $12.6M | $13.8M | — |
| Stock-based compensation | $40.1M | $18.5M | $17.3M | $30.5M | — |
| Capital expenditure | $0 | $400,000 | $200,000 | $0 | — |
| Free cash flow | $206.5M | $195.3M | -$33.8M | -$210.6M | — |
| Share repurchases | — | — | — | $0 | — |
| Impairments | $0 | $0 | $0 | $0 | — |
Shares outstanding 15.8M · Free float 11.1%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.