ROOT · XBRL financial data

Root financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (ROOT's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022†Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	347	345	311	455	1,177	1,517
General and administrative	79	98	127	83	70	97
Total operating expenses	632	831	574	556	1,098	1,455
Operating income (loss)	(285)	(485)	(263)	(101)	79	62
Interest expense	78	20	35	46	42	21
Income tax expense (benefit)	0	0	0	0	0	1
Net income (loss)	(363)	(521)	(298)	(147)	31	40
Earnings per share, basic‡ USD per share	(86.43)	(676.56)	(21.11)	(10.24)	1.96	2.49
Earnings per share, diluted‡ USD per share	(86.43)	(676.56)	(21.11)	(10.24)	1.83	2.36
Weighted average shares, basic‡ millions of shares	4	1	14	14	15	15
Weighted average shares, diluted‡ millions of shares	4	1	14	14	17	17

‡ Per-share figures and share counts are adjusted for the 1-for-17.98561151079137 stock split (August 2022); filings made before it reported them unadjusted.
‡ Per-share figures and share counts are adjusted for the 1-for-17.998560115190784 stock split (September 2022); filings made before it reported them unadjusted.
† Share count changed about 18x in the period ending 2022-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (ROOT's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022†Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	1,113	706	762	679	599	669
Marketable securities	3	0	0	1	—	—
Marketable securities, non-current	221	130	128	166	—	—
Property and equipment, net	9	10	6	3	2	1
Right-of-use asset	—	5	4	4	3	2
Total assets	1,762	1,319	1,313	1,348	1,496	1,675
Total liabilities	730	671	924	1,070	1,180	1,278
Accumulated deficit	(748)	(1,270)	(1,568)	(1,715)	(1,682)	(1,642)
Total stockholders' equity	1,032	536	277	166	204	284
Total liabilities and equity	1,762	1,319	1,313	1,348	1,496	1,675

† Share count changed about 18x in the period ending 2022-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (ROOT's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022†Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(363)	(521)	(298)	(147)	31	40
Stock-based compensation	4	19	31	17	19	40
Net cash from operating activities	(287)	(403)	(211)	(34)	196	207
Purchases of property and equipment	2	5	0	0	0	0
Net cash from investing activities	(114)	77	(17)	(46)	(154)	(92)
Share repurchases	0	0	0	—	—	—
Repayments of long-term debt	14	200	0	0	237	0
Net cash from financing activities	1,099	(80)	283	(4)	(121)	(25)
Net change in cash	697	(407)	56	(83)	(79)	90

† Share count changed about 18x in the period ending 2022-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

SIC 6331 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6331 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Root	510	389	58*	not reported	—	Q2 FY26 10-QJun 30, 2026
Slide Insurance Holdings	701	361	(43)*	117.2M	—	Q3 FY26 10-QSep 30, 2026
HCI Group	872	247	125*	12.4M	—	Q2 FY26 10-QJun 30, 2026
Horace Mann Educators	46	444	224*	40.5M	—	Q2 FY26 10-QJun 30, 2026
Mercury General	1,305	1,381	387*	55.4M	—	Q3 FY26 10-QSep 30, 2026
SiriusPoint	615	744	(5.2)*	116.2M	118.2 quarters	Q2 FY26 10-QJun 30, 2026
Skyward Specialty Insurance Group	219	490	68*	44.4M	—	Q2 FY26 10-QJun 30, 2026
Proassurance	14	263	(21)	51.6M	0.7 quarters	Q1 FY26 10-QMar 31, 2026
Safety Insurance Group	68	326	38*	14.7M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.