Company research
Root, Inc.
CIK 1788882Updated Nov 6, 2026
SecurityROOT · NASDAQ · equity
Name history
Root Stockholdings, Inc. · through Sep 17, 2020
ROOT price & chart
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NASDAQ:ROOT on TradingView ↗In the news
Root to Participate in Upcoming Investor Conferences ↗
Seeking Alpha
Root, Inc. (ROOT) Q3 2026 Earnings Call Transcript ↗
Warren and Hawley launch inquiry into insurance companies’ zero-payout tactics, WSJ reports ↗
Root: The Insurtech Has Finally Become An Insurer (Rating Upgrade) ↗
SEC disclosures
Root, Inc. files 8-K: Material Event ↗
Recent filings
10-Q filing
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
Entry into a Material Definitive Agreement · Unregistered Sales of Equity Securities
Items 1.01, 3.02, 9.01
4 filing
10-Q filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 1,642,400,000Source | 1,561,900,000Source | 1,668,500,000Source | 1,587,700,000Source | 1,495,800,000Source | 1,684,900,000Source | 1,585,500,000Source | 1,432,300,000Source | 1,674,500,000Source | 1,495,700,000Source | 1,347,700,000Source | 1,312,900,000Source |
| Property, Plant and Equipment, NetUSD | — | — | — | — | — | — | — | — | 1,200,000Source | 1,800,000Source | 2,800,000Source | 5,500,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 653,300,000Source | 674,800,000Source | 509,600,000Source | 641,400,000Source | 667,200,000Source | 597,200,000Source | 609,400,000Source | 640,500,000Source | 669,300,000Source | 599,300,000Source | 678,700,000Source | 762,100,000Source |
| Operating Lease, Right-of-Use AssetUSD | — | — | — | — | — | — | — | — | 2,000,000Source | 2,600,000Source | 3,500,000Source | 4,300,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 1,265,400,000Source | 1,268,000,000Source | 1,228,600,000Source | 1,231,200,000Source | 1,232,500,000Source | 1,247,000,000Source | 1,244,800,000Source | 1,154,600,000Source | 1,278,200,000Source | 1,180,000,000Source | 1,070,000,000Source | 923,800,000Source |
| Stockholders’ equity: | ||||||||||||
| Additional Paid in CapitalUSD | 1,908,400,000Source | 1,883,800,000Source | 1,910,200,000Source | 1,883,700,000Source | 1,881,500,000Source | 1,931,200,000Source | 1,891,500,000Source | 1,890,400,000Source | 1,922,000,000Source | 1,887,900,000Source | 1,883,400,000Source | 1,850,700,000Source |
| Retained Earnings (Accumulated Deficit)USD | -1,646,900,000Source | -1,704,000,000Source | -1,580,300,000Source | -1,641,500,000Source | -1,726,800,000Source | -1,605,700,000Source | -1,663,500,000Source | -1,721,400,000Source | -1,641,600,000Source | -1,681,900,000Source | -1,715,200,000Source | -1,567,800,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 3,500,000Source | 2,100,000Source | -2,000,000Source | 2,300,000Source | -3,400,000Source | 400,000Source | 700,000Source | -3,300,000Source | 3,900,000Source | -2,300,000Source | -2,500,000Source | -5,800,000Source |
| Stockholders' Equity Attributable to ParentUSD | 265,000,000Source | 181,900,000Source | 327,900,000Source | 244,500,000Source | 151,300,000Source | 325,900,000Source | 228,700,000Source | 165,700,000Source | 284,300,000Source | 203,700,000Source | 165,700,000Source | 277,100,000Source |
| Liabilities and EquityUSD | 1,642,400,000Source | 1,561,900,000Source | 1,668,500,000Source | 1,587,700,000Source | 1,495,800,000Source | 1,684,900,000Source | 1,585,500,000Source | 1,432,300,000Source | 1,674,500,000Source | 1,495,700,000Source | 1,347,700,000Source | 1,312,900,000Source |
| Additional Financial Items | ||||||||||||
| Long-term DebtUSD | 200,400,000Source | 300,900,000Source | 197,800,000Source | 200,100,000Source | 300,100,000Source | 200,300,000Source | 200,000,000Source | 299,300,000Source | 200,300,000Source | 200,100,000Source | 299,000,000Source | 295,400,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 11,000,000Source | 6,400,000Source | 40,100,000Source | 18,500,000Source | 17,300,000Source | 30,500,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 0Source | 0Source | 0Source | 0Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 9,300,000Source | 26,800,000Source | 206,500,000Source | 195,700,000Source | -33,600,000Source | -210,600,000Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -86,600,000Source | -13,800,000Source | -91,700,000Source | -154,400,000Source | -45,700,000Source | -16,600,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | — | 0Source | 0Source | 400,000Source | 200,000Source | 0Source |
| Cash flows from financing activities: | ||||||||||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | — | — | — | — | — | 3,700,000Source | 3,100,000Source | 25,500,000Source | 15,100,000Source | 1,100,000Source | — |
| Payments for Repurchase of Common StockUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | -3,700,000Source | -2,800,000Source | -25,200,000Source | -120,700,000Source | -4,100,000Source | 283,300,000Source |
| Repayments of Long-term DebtUSD | — | — | — | — | — | — | — | — | 0Source | 237,100,000Source | 0Source | 0Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -81,000,000Source | 10,200,000Source | 89,600,000Source | -79,400,000Source | -83,400,000Source | 56,100,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 654,400,000Source | 675,800,000Source | 574,800,000Source | 642,500,000Source | 608,900,000Source | 610,500,000Source | 689,900,000Source | 600,300,000Source | 679,700,000Source | 763,100,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | — | — | 20,700,000Source | 43,900,000Source | 42,500,000Source | 24,500,000Source |
| Additional Financial Items | ||||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | 11,600,000Source | 4,300,000Source | 5,000,000Source | 8,400,000Source | 11,000,000Source | 6,400,000Source | 40,100,000Source | 18,500,000Source | 17,300,000Source | 30,500,000Source |
| Capitalized Computer Software, AmortizationUSD | — | — | — | — | — | — | — | — | 8,500,000Source | 8,600,000Source | 6,300,000Source | 5,000,000Source |
| Debt Securities, Available-for-sale, Realized Gain (Loss)USD | — | — | — | — | 0Source | 0Source | 100,000Source | 0Source | — | 0Source | 0Source | 500,000Source |
| Deferred Policy Acquisition Costs, Amortization ExpenseUSD | — | — | 20,600,000Source | 8,100,000Source | 29,000,000Source | 18,300,000Source | 29,300,000Source | 11,400,000Source | 97,400,000Source | 35,700,000Source | 35,100,000Source | 22,500,000Source |
| DepreciationUSD | — | — | — | — | — | — | — | — | 200,000Source | 1,000,000Source | 1,500,000Source | 2,100,000Source |
| Depreciation, Amortization and Accretion, NetUSD | — | — | — | — | — | — | 3,100,000Source | 2,000,000Source | 11,800,000Source | 14,900,000Source | 12,600,000Source | 13,800,000Source |
| Equity Securities, FV-NI, Gain (Loss)USD | — | — | — | — | — | — | — | — | — | — | 0Source | 0Source |
| Gain (Loss) on InvestmentsUSD | — | — | — | — | 0Source | 0Source | 100,000Source | 0Source | — | 0Source | 0Source | 500,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | — | — | -4,900,000Source | 0Source | — | — | 0Source | -5,400,000Source | 0Source | 0Source |
| General and Administrative ExpenseUSD | — | — | 25,800,000Source | 17,500,000Source | 15,500,000Source | 23,600,000Source | 24,500,000Source | 20,500,000Source | 96,900,000Source | 69,500,000Source | 83,300,000Source | 127,400,000Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | — | — | — | — | — | — | — | — | 0Source | 0Source | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | — | — | 400,000Source | 0Source | 200,000Source | 0Source | 200,000Source | 0Source | 500,000Source | 0Source | 0Source | 0Source |
| InterestExpenseNonoperatingUSD | — | — | 5,300,000Source | 11,600,000Source | 4,100,000Source | 5,300,000Source | 4,800,000Source | 5,300,000Source | 21,000,000Source | 42,200,000Source | — | — |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred ClaimsUSD | — | — | 239,400,000Source | 184,500,000Source | 239,900,000Source | 233,300,000Source | 226,200,000Source | 205,600,000Source | 924,200,000Source | 733,000,000Source | 331,300,000Source | 351,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -5,400,000Source | 22,800,000Source | 25,400,000Source | 22,000,000Source | 35,900,000Source | 18,400,000Source | 40,300,000Source | 30,900,000Source | -147,400,000Source | -297,700,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -5,400,000Source | 21,700,000Source | 24,100,000Source | 20,900,000Source | 34,200,000Source | 17,500,000Source | 38,300,000Source | 29,200,000Source | — | — |
| Operating ExpensesUSD | — | — | 387,500,000Source | 271,300,000Source | 354,600,000Source | 355,600,000Source | 352,600,000Source | 325,700,000Source | 1,455,300,000Source | 1,098,000,000Source | 556,300,000Source | 573,900,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | — | — | — | — | — | — | 12,300,000Source | 16,000,000Source | 67,800,000Source | 54,600,000Source | 37,500,000Source | 34,100,000Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | — | — | — | 0Source | 300,000Source | 300,000Source | 100,000Source | — | — |
| Realized Investment Gains (Losses)USD | — | — | — | — | — | — | 100,000Source | 0Source | — | 0Source | 0Source | 500,000Source |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 387,800,000Source | 305,700,000Source | 389,200,000Source | 382,900,000Source | 393,500,000Source | 349,400,000Source | 1,517,100,000Source | 1,176,500,000Source | 455,000,000Source | 310,800,000Source |
| Operating Income (Loss)USD | — | — | 300,000Source | 34,400,000Source | 34,600,000Source | 27,300,000Source | 40,900,000Source | 23,700,000Source | 61,800,000Source | 78,500,000Source | -101,300,000Source | -263,100,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | -5,000,000Source | 22,800,000Source | 25,600,000Source | 22,000,000Source | 36,100,000Source | 18,400,000Source | 40,800,000Source | 30,900,000Source | -147,400,000Source | -297,700,000Source |
| Income Tax Expense (Benefit)USD | — | — | 400,000Source | 0Source | 200,000Source | 0Source | 200,000Source | 0Source | 500,000Source | 0Source | 0Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -5,400,000Source | 22,800,000Source | 25,400,000Source | 22,000,000Source | 35,900,000Source | 18,400,000Source | 40,300,000Source | 30,900,000Source | -147,400,000Source | -297,700,000Source |
| Earnings Per Share, BasicUSD per share | — | — | -0.35Source | 1.45Source | 1.54Source | 1.36Source | 2.19Source | 1.15Source | 2.49Source | 1.96Source | -10.24Source | -21.11Source |
| Earnings Per Share, DilutedUSD per share | — | — | -0.35Source | 1.35Source | 1.49Source | 1.29Source | 2.09Source | 1.07Source | 2.36Source | 1.83Source | -10.24Source | -21.11Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 15,400,000Source | 15,000,000Source | 15,700,000Source | 15,400,000Source | 15,600,000Source | 15,200,000Source | 15,400,000Source | 14,900,000Source | 14,400,000Source | 14,100,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 15,400,000Source | 16,900,000Source | 17,000,000Source | 17,100,000Source | 17,200,000Source | 17,200,000Source | 17,100,000Source | 16,900,000Source | 14,400,000Source | 14,100,000Source |
| Interest Expense (non-operating)USD | — | — | 5,300,000Source | 11,600,000Source | 4,100,000Source | 5,300,000Source | 4,800,000Source | 5,300,000Source | 21,000,000Source | 42,200,000Source | — | — |
| Additional Financial Items | ||||||||||||
| Capitalized Computer Software, AmortizationUSD | — | — | — | — | — | — | — | — | 8,500,000Source | 8,600,000Source | 6,300,000Source | 5,000,000Source |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 500,000Source | 0Source | 0Source | 0Source |
| Deferred Policy Acquisition Costs, Amortization ExpenseUSD | — | — | 20,600,000Source | 8,100,000Source | 29,000,000Source | 18,300,000Source | 29,300,000Source | 11,400,000Source | 97,400,000Source | 35,700,000Source | 35,100,000Source | 22,500,000Source |
| Gain (Loss) on InvestmentsUSD | — | — | — | — | 0Source | 0Source | 100,000Source | 0Source | — | 0Source | 0Source | 500,000Source |
| General and Administrative ExpenseUSD | — | — | 25,800,000Source | 17,500,000Source | 15,500,000Source | 23,600,000Source | 24,500,000Source | 20,500,000Source | 96,900,000Source | 69,500,000Source | 83,300,000Source | 127,400,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | — | — | — | — | — | — | — | -59,500,000Source | — | — | — |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 46,100,000Source | 34,600,000Source |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred ClaimsUSD | — | — | 239,400,000Source | 184,500,000Source | 239,900,000Source | 233,300,000Source | 226,200,000Source | 205,600,000Source | 924,200,000Source | 733,000,000Source | 331,300,000Source | 351,000,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -5,400,000Source | 21,700,000Source | 24,100,000Source | 20,900,000Source | 34,200,000Source | 17,500,000Source | 38,300,000Source | 29,200,000Source | — | — |
| Net Investment IncomeUSD | — | — | 7,000,000Source | 8,000,000Source | 5,000,000Source | 9,400,000Source | 8,700,000Source | 8,700,000Source | 33,700,000Source | 35,900,000Source | 30,200,000Source | 6,200,000Source |
| Operating ExpensesUSD | — | — | 387,500,000Source | 271,300,000Source | 354,600,000Source | 355,600,000Source | 352,600,000Source | 325,700,000Source | 1,455,300,000Source | 1,098,000,000Source | 556,300,000Source | 573,900,000Source |
| Other IncomeUSD | — | — | 900,000Source | 1,300,000Source | 900,000Source | 800,000Source | 700,000Source | 700,000Source | 3,400,000Source | 3,700,000Source | 1,500,000Source | 1,700,000Source |
| Realized Investment Gains (Losses)USD | — | — | — | — | — | — | 100,000Source | 0Source | — | 0Source | 0Source | 500,000Source |
| Selling and Marketing ExpenseUSD | — | — | 40,600,000Source | 34,000,000Source | 25,300,000Source | 37,100,000Source | 27,300,000Source | 51,500,000Source | 174,800,000Source | 135,800,000Source | 49,300,000Source | 48,000,000Source |
| Undistributed Earnings (Loss) Allocated to Participating Securities, BasicUSD | — | — | 0Source | 1,100,000Source | 1,300,000Source | 1,100,000Source | 1,700,000Source | 900,000Source | 2,000,000Source | 1,700,000Source | — | — |