Root, Inc. Income Statement
ROOT / Financials|8 years of annual SEC 10-K data (FY2018-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 8 fiscal years. All figures from audited SEC 10-K filings.
Root, Inc. reported $1.5B in revenue and $40M in net income for FY2025. Revenue has grown at a 66.2% compound annual rate over the past 7 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.27 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 21.6%
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.5B | $1.2B | $455.0M | $346.8M | $290.2M | $346.8M | $290.2M | $43.3M |
| SG&A Expense | $96.9M | $69.5M | $83.3M | $78.5M | $43.0M | $78.5M | $43.0M | $9.3M |
| Operating Income | $61.8M | $78.5M | -$101.3M | -$285.3M | -$260.1M | -$285.3M | -$260.1M | - |
| Interest Expense | - | - | $46.1M | $77.7M | $22.3M | $77.7M | $22.3M | $900.0K |
| Income Tax | $500.0K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $40.3M | $30.9M | -$147.4M | -$363.0M | -$282.4M | -$363.0M | -$282.4M | -$69.1M |
| EPS (Basic) | -$10.24 | -$21.11 | -$37.76 | -$86.43 | -$8.33 | - | -$8.33 | - |
| EPS (Diluted) | -$10.24 | -$21.11 | -$37.76 | -$86.43 | -$8.33 | -$2.73 | -$8.33 | - |
| Shares Outstanding | 14.4M | 14.1M | 13.8M | 4.2M | 33.9M | 44.4M | 33.9M | 25.3M |
| Operating Margin | 4.1% | 6.7% | -22.3% | -82.3% | -89.6% | -82.3% | -89.6% | - |
| Profit Margin | 2.7% | 2.6% | -32.4% | -104.7% | -97.3% | -104.7% | -97.3% | -159.6% |