Root, Inc. (ROOT)
Root, Inc. brought in $1.6B of revenue over the twelve months to September 30, 2026, up 7.9% from a year earlier. Net income was $81M, a net margin of 5.2%. Operating cash flow minus capital spending left $206.5M of free cash flow in fiscal 2025. At September 30, 2026 it held $596.3M in cash against $197.5M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 4, 2026.
Key facts about Root, Inc.
- Net worth
- Root, Inc. has a market value (market cap) of $674.3M at the latest share price, and shareholders' equity of $327M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $1.5B (+29.0% year on year), with net income of $40.3M. Over the 12 months to September 30, 2026: revenue $1.6B, net income $81M.
- Cash flow
- In fiscal 2025 operations brought in $206.5M of cash; after $0 of capital spending, free cash flow was $206.5M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 4, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Root, Inc.'s next report is expected around February 24, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Root, Inc. does
Root, Inc. is registered with the SEC under industry code SIC 6331 (Fire, Marine & Casualty Insurance). Its shares trade on NASDAQ under the ticker ROOT.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $1.5B | $40.3M | $2.36 | $206.5M |
| 2024 | $1.2B | $30.9M | $1.83 | $195.3M |
| 2023 | $455M | -$147.4M | -$10.24 | -$33.8M |
| 2022 | $310.8M | -$297.7M | -$21.11 | -$210.6M |
| 2021 | $345.4M | -$521.1M | -$37.76 | -$408M |
| 2020 | $346.8M | -$363M | -$86.43 | -$289M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where ROOT ranks in Finance
Latest SEC filings
What Root, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 4, 2026Quarterly report 10-Q · period to September 30, 2026Revenue fell 1.7% to $381.3M versus the same quarter last year; diluted EPS $0.86 versus -$0.35.
- November 4, 2026
- September 2, 2026Activist stake changed SCHEDULE 13D/A
- September 1, 2026
- August 5, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 1.6% to $389.2M versus the same quarter last year; diluted EPS $1.49 versus $1.29.
- August 5, 2026
- July 29, 2026Passive stake changed SCHEDULE 13G/A
- June 8, 2026
- June 8, 2026
- May 15, 2026Passive stake changed SCHEDULE 13G/A
What is ROOT worth? A DCF from its reported cash flow
Insider trades
What the people running Root, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 4 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 21, 2026 | Forish RyanChief Accounting Officer | Shares withheld for tax | 294 | $14.6K |
| September 15, 2026 | Forish RyanChief Accounting Officer | Shares withheld for tax | 490 | $26.3K |
| August 21, 2026 | Forish RyanChief Accounting Officer | Shares withheld for tax | 88 | $4.9K |
| August 21, 2026 | Binkley MeganChief Financial Officer | Gave as a gift | 1,523 | - |
| June 22, 2026 | Forish RyanChief Accounting Officer | Shares withheld for tax | 294 | $15K |
| June 15, 2026 | Forish RyanChief Accounting Officer | Shares withheld for tax | 490 | $26.9K |
| June 3, 2026 | Devard JerriDirector | Received as pay | 2,864 | - |
| June 3, 2026 | Kramer Nancy JDirector | Received as pay | 2,864 | - |
Who owns ROOT
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Meyer Malka ("Malka")13G, passive with 7 related filers | 15.3% | November 14, 2024 |
| Ribbit Capital GP IV, L.P.13G, passive with 7 related filers | 8.7% | August 14, 2025 |
| T. Rowe Price Investment Management, Inc.13G, passive | 8.6% | May 15, 2026 |
| Alexander E. Timm13G, passive | 7.8% | August 7, 2025 |
| Carvana Group, LLC13D, may seek influence with 2 related filers | 5.4% | September 2, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 2 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Trinity Financial Advisors LLC | 31,984 | 0 |
| Huntington National Bank | 1 | 0 |
Insiders
12 insiders reported holding 994,214 shares in total, about $43.3M at the last price.
| Holder | Shares |
|---|---|
| Bonakdarpour MahtiyarPresident and CTO | 372,519 |
| Timm Alexander E.Chief Executive Officer, Director, 10% owner | 275,304 |
| Binkley MeganChief Financial Officer | 112,317 |
| Allison JonathanChief Administrative Officer | 68,356 |
| Hilsheimer Lawrence A.Director | 43,859 |
| Forish RyanChief Accounting Officer | 23,444 |
| Devard JerriDirector | 21,396 |
| Kramer Nancy JDirector | 20,480 |
| Birnbaum Beth ADirector | 17,144 |
| Szudarek JulieDirector | 14,696 |
Questions about ROOT
What does Root, Inc. do?
Root, Inc. is a company in the Finance sector, listed on NASDAQ as ROOT. Its shares trade on NASDAQ under the ticker ROOT.
What is Root, Inc.'s net worth?
Root, Inc. has a market value (market cap) of $674.3M at the latest share price, and shareholders' equity of $327M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Root, Inc. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $81M on revenue of $1.6B, a net margin of 5.2%.
How much revenue does Root, Inc. make?
Over the twelve months to September 30, 2026 Root, Inc. reported revenue of $1.6B. That is 7.9% more than a year earlier.
When did Root, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 4, 2026. It covers the period to September 30, 2026.
When is Root, Inc.'s next earnings report?
Root, Inc.'s next report is expected around February 24, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Similar companies
Compare ROOT with
Follow ROOT
Get an email when Root, Inc. files with the SEC: results, executive changes, material agreements and annual reports.
Where the numbers come from
Financial figures are the values Root, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.