Root, Inc. (ROOT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 393.5M | 397M | 387.8M | 382.9M | 349.4M | 326.7M | 305.7M | 289.2M | 254.9M | 194.8M | 115.3M | 74.8M | 70.1M | 71.3M | 73.7M | 80.4M | 85.4M | 93.2M | 93.8M | 89.8M |
| Revenue Growth % | 12.62% | 21.52% | 26.86% | 32.4% | 37.07% | 67.71% | 165.13% | 286.63% | 263.62% | 173.21% | 56.45% | -6.97% | -17.92% | -23.5% | -21.43% | -10.47% | 24.49% | 83.1% | 85.74% | -26.03% |
| Medical Costs & Claims | 226.2M | 300.6M | 306.4M | 281.2M | 242.3M | 223.1M | 206.9M | 218.4M | 191M | 148.1M | 104.1M | 62.1M | 64.6M | 75.4M | 82M | 87.9M | 97.7M | 116.4M | 0 | 0 |
| Medical Cost Ratio % | 57.48% | 75.72% | 79.01% | 73.44% | 69.35% | 68.29% | 67.68% | 75.52% | 74.93% | 76.03% | 90.29% | 83.02% | 92.15% | 105.75% | 111.26% | 109.33% | 114.4% | 124.89% | 0% | 0% |
| Gross Profit | 167.3M | 96.4M | 81.4M | 101.7M | 107.1M | 103.6M | 98.8M | 70.8M | 63.9M | 46.7M | 11.2M | 12.7M | 5.5M | -4.1M | -8.3M | -7.5M | -12.3M | -23.2M | 93.8M | 89.8M |
| Gross Margin % | 42.52% | 24.28% | 20.99% | 26.56% | 30.65% | 31.71% | 32.32% | 24.48% | 25.07% | 23.97% | 9.71% | 16.98% | 7.85% | -5.75% | -11.26% | -9.33% | -14.4% | -24.89% | 100% | 100% |
| Gross Profit Growth % | 56.21% | -6.95% | -17.61% | 43.64% | 67.61% | 121.84% | 782.14% | 457.48% | 1061.82% | 1239.02% | 234.94% | 269.33% | 144.72% | 82.33% | -108.85% | -108.35% | -117.93% | -256.92% | 85.74% | 920.45% |
| Operating Expenses | 131.2M | 91M | 86.4M | 79.7M | 88.7M | 81.5M | 76M | 78.6M | 70.1M | 70.7M | 57M | 49.4M | 46.4M | 63.3M | 58.1M | 88M | 65.2M | 86.7M | 220.7M | 261.9M |
| OpEx / Revenue % | 33.34% | 22.92% | 22.28% | 20.81% | 25.39% | 24.95% | 24.86% | 27.18% | 27.5% | 36.29% | 49.44% | 66.04% | 66.19% | 88.78% | 78.83% | 109.45% | 76.35% | 93.03% | 235.29% | 291.65% |
| Depreciation & Amortization | 3.1M | 3.1M | 4.7M | 2M | 2M | 2.8M | 5.2M | 4M | 2.9M | 4.4M | 2.7M | 2.8M | 2.7M | 4.3M | 2.9M | 3M | 3.6M | 5.6M | 3.8M | 3.7M |
| Combined Ratio % | 90.83% | 98.64% | 101.29% | 94.25% | 94.73% | 93.24% | 92.54% | 102.7% | 102.43% | 112.32% | 139.72% | 149.06% | 158.35% | 194.53% | 190.09% | 218.78% | 190.75% | 217.92% | 235.29% | 291.65% |
| Operating Income | 36.1M | 5.4M | -5M | 22M | 18.4M | 22.1M | 22.8M | -7.8M | -6.2M | -24M | -45.8M | -36.7M | -40.9M | -67.4M | -66.4M | -95.5M | -77.5M | -109.9M | -126.9M | -172.1M |
| Operating Margin % | 9.17% | 1.36% | -1.29% | 5.75% | 5.27% | 6.76% | 7.46% | -2.7% | -2.43% | -12.32% | -39.72% | -49.06% | -58.35% | -94.53% | -90.09% | -118.78% | -90.75% | -117.92% | -135.29% | -191.65% |
| Operating Income Growth % | 96.2% | -75.57% | -121.93% | 382.05% | 396.77% | 192.08% | 149.78% | 78.75% | 84.84% | 64.39% | 31.02% | 61.57% | 47.23% | 38.67% | 47.68% | 44.51% | 17.82% | 17.55% | -93.15% | -342.42% |
| EBITDA | 39.2M | 8.5M | -300K | 24M | 20.4M | 24.9M | 28M | -3.8M | -3.3M | -19.6M | -43.1M | -33.9M | -38.2M | -63.1M | -63.5M | -92.5M | -73.9M | -104.3M | -123.1M | -168.4M |
| EBITDA Margin % | 9.96% | 2.14% | -0.08% | 6.27% | 5.84% | 7.62% | 9.16% | -1.31% | -1.29% | -10.06% | -37.38% | -45.32% | -54.49% | -88.5% | -86.16% | -115.05% | -86.53% | -111.91% | -131.24% | -187.53% |
| Interest Expense | 4.8M | 5.1M | 5.3M | 5.3M | 5.3M | 7.4M | 11.6M | 11.6M | 11.6M | 11.7M | 11.8M | 11.5M | 11.1M | 10.6M | 9.3M | 9.2M | 5.5M | 2.1M | 6.1M | 6.5M |
| Non-Operating Income | -4.8M | -5.1M | -5.3M | -5.3M | -5.3M | -7.4M | -11.6M | -11.6M | -11.6M | -11.7M | -11.8M | -11.5M | -11.1M | -10.6M | -9.3M | -9.2M | -5.5M | -2.1M | 0 | 0 |
| Pretax Income | 36.1M | 5.4M | -5M | 22M | 18.4M | 22.1M | 22.8M | -7.8M | -6.2M | -24M | -45.8M | -36.7M | -40.9M | -67.4M | -66.4M | -95.5M | -77.5M | -109.9M | -133M | -178.6M |
| Pretax Margin % | 9.17% | 1.36% | -1.29% | 5.75% | 5.27% | 6.76% | 7.46% | -2.7% | -2.43% | -12.32% | -39.72% | -49.06% | -58.35% | -94.53% | -90.09% | -118.78% | -90.75% | -117.92% | -141.79% | -198.89% |
| Income Tax | 200K | -900K | 400K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0.55% | -16.67% | -8% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | 35.9M | 5.3M | -5.4M | 22M | 18.4M | 22.1M | 22.8M | -7.8M | -6.2M | -24M | -45.8M | -36.7M | -40.9M | -67.4M | -66.4M | -95.5M | -77.5M | -109.9M | -133M | -178.6M |
| Net Margin % | 9.12% | 1.34% | -1.39% | 5.75% | 5.27% | 6.76% | 7.46% | -2.7% | -2.43% | -12.32% | -39.72% | -49.06% | -58.35% | -94.53% | -90.09% | -118.78% | -90.75% | -117.92% | -141.79% | -198.89% |
| Net Income Growth % | 95.11% | -76.02% | -123.68% | 382.05% | 396.77% | 192.08% | 149.78% | 78.75% | 84.84% | 64.39% | 31.02% | 61.57% | 47.23% | 38.67% | 50.08% | 46.53% | 22.19% | 17.55% | -56.1% | -359.13% |
| EPS (Diluted) | 2.09 | 0.31 | -0.35 | 1.29 | 1.07 | 1.30 | 1.35 | -0.52 | -0.42 | -1.64 | -3.16 | -2.55 | -2.88 | -4.13 | -4.71 | -6.77 | -5.40 | -7.92 | -9.57 | -12.96 |
| EPS Growth % | 95.33% | -76.15% | -125.93% | 348.08% | 354.76% | 179.27% | 142.72% | 79.61% | 85.42% | 60.29% | 32.91% | 62.33% | 46.67% | 47.85% | 50.78% | 47.76% | 25% | 17.53% | -55.86% | -278.95% |
| EPS (Basic) | 2.19 | 0.33 | -0.35 | 1.36 | 1.15 | 1.38 | 1.45 | -0.52 | -0.42 | -1.64 | -3.16 | -2.55 | -2.88 | -4.13 | -4.71 | -6.77 | -5.40 | -7.92 | -9.57 | -12.96 |
| Diluted Shares Outstanding | 17.2M | 17.2M | 15.4M | 17.1M | 17.2M | 17M | 16.9M | 14.9M | 14.6M | 14.6M | 14.5M | 14.4M | 14.2M | 14.1M | 14.1M | 14.06M | 13.98M | 13.91M | 13.9M | 13.83M |