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Root, Inc.

ROOT

Root is a technology-driven insurance carrier that utilizes mobile telematics and data science to price personal auto insurance based on individual driving behavior rather than traditional demographics.

Market cap
$944.04M-45.7%
Revenue$1.6B+22.8%
Net income$57.8M+4.1%
EPS (diluted)$3.34+4.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$395.1M
EPS estimate$0.83

Financials

Q1 2026

Income statement

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Revenue$393.5M+12.6%
Operating income$40.9M+72.6%
Net income$35.9M+95.1%
EPS (diluted)$2.09+95.3%

Balance sheet

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Cash & equivalents$608.9M-0.3%
Total debt$200.3M+0.2%
Total equity$325.9M+42.5%
Total assets$1.7B+6.3%

Cash flow

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Operating cash flow$9.3M-65.3%

Valuation & ratios

Valuation

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Market cap$944.04M-45.7%
Enterprise value$535.44M-61.3%
P/E16.3×-5.1×
P/S0.6×-0.7×

Profitability

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Operating margin5.1%-2.6pp
Net margin3.7%-0.7pp

Returns & leverage

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Return on equity20.8%-7.3pp
Debt / equity0.6×-0.3×

Competitors

Profile

Root is a technology-driven insurance carrier that utilizes mobile telematics and data science to price personal auto insurance based on individual driving behavior rather than traditional demographics. The company operates a full-stack model, controlling the entire insurance lifecycle from underwriting and policy administration to claims processing. Its core value proposition centers on providing fair, personalized rates to safe drivers through a seamless, digital-first mobile experience.

Competitive position

A disruptive insurtech challenger utilizing a proprietary telematics-first pricing model to compete with established legacy carriers.

GeographiesUnited States
Customer segmentsRetail consumers, Automotive customers
Business modelFull-stack insurance carrier, Direct-to-consumer, B2B2C, Usage-based insurance
SuppliersSmartphone hardware manufacturers (sensor data), Mobile operating system providers (iOS/Android), Reinsurance providers, Cloud infrastructure providers
CustomersIndividual policyholders, Independent insurance agencies, Automotive dealership customers
Listed2020
Employees680.0
CEOAlexander Edward Timm
FilingsSEC EDGAR

Questions, answered.

What is Root, Inc.'s market cap?
Root, Inc. (ROOT) has a market capitalization of $944.0M and trades on NASDAQ.
What is Root, Inc.'s revenue and profitability?
Root, Inc. generated $1.6B in trailing twelve-month revenue with net income of $57.8M, representing a net margin of 3.7%. These figures are based on the Q1 2026 filing.
Who are Root, Inc.'s competitors?
Root, Inc.'s key competitors include Progressive, Allstate, Lemonade, and others. These companies compete in similar markets and product categories.
Who does Root, Inc. partner with?
Root, Inc.'s notable partners include Carvana, Apple, Google.
What subsidiaries does Root, Inc. have?
Root, Inc.'s subsidiaries include Root Reinsurance Company, Ltd., Root Insurance Company, Root Property & Casualty Insurance Company, and others.
Where is Root, Inc. headquartered?
Root, Inc. is headquartered in United States of America and employs approximately 680 people. It has been publicly traded since 2020.