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Root, Inc. ROOT California — Total

Other geography segments

Texas
$31.5M
Georgia
$17.9M
Pennsylvania
$8.3M
Colorado
$7.8M
Nevada
$7.6M
South Carolina
$5.7M
Oklahoma
$5M
Arizona
$4.4M

Similar metrics at other companies

Lemonade logo
LMNDCalifornia — Amount
$73.7M+22.0%
Employers Holdings logo
EIGCALIFORNIA — Premiums Written, Gross
$81.58M-8.3%
Palomar Holdings, Inc. logo
PLMRCA — Premiums Written Gross
$157.62M+12.8%
RLJ Lodging Trust logo
RLJSouthern California — Total revenues
$39.41M+1.1%
Palomar Holdings, Inc. logo
PLMRCA — Percentage Of Gross Written Premiums
25%-6.6pp
Employers Holdings logo
EIGCALIFORNIA — Policies In force
4,459,900%-118,000pp

Other financials

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%
CapEx-
Free cash flow$70.1M+1.3%

Valuation

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Market cap$840.38M-61.1%
Enterprise value$431.78M-75.6%
P/E14.5×-24.4×
P/S0.5×-1.2×

Profitability

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Operating margin5.1%-2.6pp
Net margin3.7%-0.7pp
FCF margin13.6%-3.0pp

Returns & leverage

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

Where this comes from

Reported directly by Root, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PremiumsWrittenGross.

The official record: Root, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Root, Inc.'s california — total?
Root, Inc. (ROOT) reported california — total of $35M in Q1 2026.
How has Root, Inc.'s california — total changed year-over-year?
Root, Inc.'s california — total increased by 36.2% year-over-year, from $25.7M to $35M.
What is the long-term trend for Root, Inc.'s california — total?
Over 2 years (2022 to 2025), Root, Inc.'s california — total has grown at a 270.3% compound annual growth rate (CAGR), from $7.7M to $105.6M.
What does california — total mean?
This metric represents the total gross written premiums or revenue generated specifically from insurance policies underwritten within the California geographic market. It serves as a key indicator of the company's regional market penetration and the scale of its direct-to-consumer footprint in a high-volume state. Tracking this figure helps investors assess geographic diversification and the effectiveness of localized customer acquisition strategies.