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Root, Inc. ROOT Technology and development

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Other financials

Income statement

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Revenue$389.2M+1.6%
Operating income$34.6M+26.7%
Net income$25.4M+15.5%
EPS (diluted)$1.49+15.5%

Balance sheet

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Cash & equivalents$574.8M-10.5%
Total debt$199.8M-0.1%
Total equity$327.9M+34.1%
Total assets$1.7B+5.1%

Cash flow

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Operating cash flow$57.5M+10.6%
CapEx-
Free cash flow$70.1M+1.3%

Valuation

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Market cap$954.01M-49.3%
Enterprise value$579.01M-59.8%
P/E15.6×-6.5×
P/S0.6×-0.8×

Profitability

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Operating margin5.5%-3.3pp
Net margin3.9%-2.3pp
FCF margin13.6%-3.0pp

Returns & leverage

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Return on equity21.4%-21.7pp
Debt / equity0.6×-0.2×

Where this comes from

Reported directly by Root, Inc. in its filing.

Tagged under the XBRL concept root:TechnologyAndDevelopmentExpense.

The source filing: Root, Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001788882-26-000061
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Loss and loss adjustment expenses239.9233.3466.1438.9
Sales and marketing25.337.152.688.6
Other insurance expense58.447.9117.884.6
Technology and development15.513.730.725.1
General and administrative15.523.640.044.1
Total operating expenses354.6355.6707.2681.3
Operating income34.627.375.551.0
Interest expense4.15.38.910.6

Item 1. Financial Statements. - Unaudited

FAQ

What is Root, Inc.'s technology and development?
Root, Inc. (ROOT) reported technology and development of $15.5M in Q2 2026.
How has Root, Inc.'s technology and development changed year-over-year?
Root, Inc.'s technology and development increased by 13.1% year-over-year, from $13.7M to $15.5M.
What is the long-term trend for Root, Inc.'s technology and development?
Over 4 years (2021 to 2025), Root, Inc.'s technology and development has grown at a -5.1% compound annual growth rate (CAGR), from $65.5M to $53.1M.
What does technology and development mean?
Technology and development as reported by Root, Inc. Class A Common Stock.

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