Root, Inc. (ROOT) — Financial statements
Income statement, balance sheet, and cash flow for Root, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,517↑29.0% | 1,177↑158.6% | 455↑46.4% | 311↓10.0% | 345 | |
| Cost of Revenue | 1,131↑34.7% | 839↑121.5% | 379↑10.5% | 343↓13.7% | 397 | |
| Gross Profit | 387↑14.7% | 337↑343.0% | 76↑336.3% | -32↑38.0% | -52 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 97↑39.4% | 70↓16.6% | 83↓34.6% | 127↑30.5% | 98 | |
| Selling & Marketing Expenses | 175↑28.7% | 136↑175.5% | 49↑2.7% | 48↓82.2% | 270 | |
| SG&A Expenses | 272↑32.3% | 205↑54.8% | 133↓24.4% | 175↓52.3% | 368 | |
| Other Expenses | 74↓26.6% | 101↑11.0% | 91↑0.9% | 90↓11.1% | 101 | |
| Operating Expenses | 346↑12.9% | 306↑37.0% | 224↓15.8% | 266↓43.4% | 469 | |
| Total Costs & Expenses | 1,476↑28.9% | 1,146↑90.2% | 602↓1.0% | 609↓29.8% | 867 | |
| Operating Results | ||||||
| Operating Income | 41↑32.0% | 31↑121.0% | -147↑50.5% | -298↑42.9% | -521 | |
| Depreciation & Amortization | 12↓20.8% | 15↑18.3% | 13↓8.7% | 14↓16.9% | 17 | |
| EBITDA | 74↓16.4% | 88↑199.2% | -89↑64.4% | -249↑48.5% | -485 | |
| EBIT | 62↓15.5% | 73↑172.2% | -101↑61.5% | -263↑47.5% | -501 | |
| Interest & Other Income | ||||||
| Net Interest Income | 19↑2828.6% | -0.70↑94.7% | -13↑49.8% | -27↓60.6% | -17 | |
| Interest Income | 40↓3.4% | 42↑26.5% | 33↑304.9% | 8↑131.4% | 4 | |
| Interest Expense | 21↓50.2% | 42↓8.5% | 46↑33.2% | 35↑73.0% | 20 | |
| Non-Operating Income | -21↑50.2% | -42↑8.5% | -46↓33.2% | -35↓73.0% | -20 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 41↑32.0% | 31↑121.0% | -147↑50.5% | -298↑42.9% | -521 | |
| Income Tax Expense | -0.50 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 41↑33.7% | 31↑121.0% | -147↑50.5% | -298↑42.9% | -521 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 40↑30.4% | 31↑121.0% | -147↑50.5% | -298↑42.9% | -521 | |
| Bottom-Line Net Income | 38↑31.2% | 29↑119.8% | -147↑50.5% | -298↑42.9% | -521 | |
| EPS (Basic) | 2.49↑27.0% | 1.96↑119.1% | -10.24↑51.5% | -21.11↑43.9% | -37.62 | |
| EPS (Diluted) | 2.24↑22.4% | 1.83↑117.9% | -10.24↑51.5% | -21.11↑43.9% | -37.62 | |
| Weighted Average Shares | 16↑4.0% | 15↑3.5% | 14↑2.1% | 14↑1.8% | 14 | |
| Weighted Average Diluted Shares | 17↑1.8% | 17↑17.4% | 14↑2.1% | 14↑1.8% | 14 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.