Earnings summaries and quarterly performance for Root.
Executive leadership at Root.
Board of directors at Root.
Research analysts who have asked questions during Root earnings calls.
Charlie Rodgers
Jefferies
3 questions for ROOT
Also covers: LMND, SKWD
EG
Elyse Greenspan
Wells Fargo
3 questions for ROOT
Also covers: ACGL, AFL, AHL +32 more
Thomas Mcjoynt-Griffith
Keefe, Bruyette & Woods
3 questions for ROOT
Also covers: AGO, AII, AIZ +9 more
AK
Andrew Kligerman
TD Cowen
2 questions for ROOT
Also covers: ABL, ACGL, AJG +22 more
Hristian Getsov
Wells Fargo
2 questions for ROOT
Also covers: AFG, ALL, AXS +3 more
TM
Tommy McJoynt
Keefe, Bruyette & Woods (KBW)
2 questions for ROOT
Also covers: AGO, AII, AIZ +11 more
Andrew Andersen
Jefferies
1 question for ROOT
Also covers: ACGL, AFG, AHL +21 more
C
Charlie
KBW
1 question for ROOT
Also covers: STBA
TM
Tommy McJoynt-Griffith
KBW
1 question for ROOT
Also covers: HGTY
YK
Yaron Kinar
Oppenheimer & Co. Inc.
1 question for ROOT
Also covers: ACGL, ALL, AXS +13 more
Recent press releases and 8-K filings for ROOT.
Root Reports Strong FY 2025 Results and Outlines 2026 Outlook
ROOT
Earnings
Revenue Acceleration/Inflection
Guidance Update
- Root achieved a strong financial performance in full-year 2025, with revenue growing by 29% and net income increasing by 30% to $40 million.
- For the fourth quarter of 2025, the company reported gross written premium growth of 9% and gross earned premium growth of 14% year-over-year, with net income of $5 million.
- The company's growth strategy includes five key levers: pricing, geographic expansion, independent agents, its connected technology ecosystem, and direct distribution, highlighted by a new partnership with Toyota for telematics-based car insurance quotes.
- Looking ahead to 2026, Root anticipates accelerating annual policies in force (PIF) growth but expects lower full-year net income due to continued strategic investments and a higher projected loss ratio, which is still expected to remain within its long-term target range of 60%-65%.
2 days ago
Root Reports Record Net Income for Full Year 2025 and Outlines 2026 Outlook
ROOT
Earnings
Guidance Update
New Projects/Investments
- Root achieved a record net income of $40 million for the full year 2025, marking a 30% increase year-over-year, with overall revenue growing by 29%.
- In Q4 2025, gross written premium grew 9% and gross earned premium grew 14% year-over-year, while net income was $5 million, impacted by deliberate investments in partnership acquisition and direct R&D marketing.
- The company is driving growth through five key levers, including geographic expansion to cover all contiguous states by the end of 2027, and the independent agent channel, which saw new writings more than triple year-over-year.
- Root announced a significant partnership with Toyota, allowing connected vehicle owners to receive instant telematics-based car insurance quotes.
- For 2026, Root anticipates accelerating annual policies in force (PIF) growth but expects lower full-year net income due to continued investments in strategic areas and a higher loss ratio, which is projected to remain within the 60%-65% target range.
2 days ago
Root, Inc. Reports Strong Full-Year 2025 Financial Results and Strategic Growth Initiatives
ROOT
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- Root, Inc. reported full-year 2025 revenues of over $1.5 billion, representing 29% growth, and achieved net income profitability with a 30% increase in net income to $40 million.
- For Q4 2025, the company recorded gross premiums written of $362 million and net income of $5 million.
- The company ended 2025 with a robust capital position of $312 million in unencumbered capital and expects accelerating annual policies in force growth in 2026.
- Root is currently present in 36 states, covering 80% of the U.S. population, with a goal to expand to the contiguous U.S. by the end of 2027.
- A new data partnership with Connected Analytic Services, an affiliate of Toyota, was announced, enabling connected Toyota and Lexus owners to receive telematics-based quotes.
2 days ago
Root Discusses Business Strategy and Growth at Needham Conference
ROOT
New Projects/Investments
Revenue Acceleration/Inflection
- Root, the largest insurtech, leverages mobile technology, data science, AI, and machine learning to offer personalized car insurance rates based on driver behavior, aiming for precise risk estimation.
- The company has achieved profitability and maintains financial discipline, ensuring every new business addition meets a hurdle rate rather than pursuing growth for its own sake.
- Growth is driven by diversified channels, including direct (50% of business), embedded partnerships (e.g., Carvana, Hyundai), and independent agents (fastest-growing, approximately 25% of business).
- Key competitive advantages include a modern technology platform enabling annual pricing model rebuilds (compared to 5-10 years for competitors), API-driven systems for quick quotes with less data, and the ability to ingest connected vehicle data.
- Strategic priorities include national expansion (currently in 35 states), expanding OEM and financial services partnerships, growing the independent agent network, and accelerating pricing algorithm updates towards a daily frequency.
Jan 12, 2026, 8:30 PM
Root Discusses Growth Strategy and Competitive Advantages at Needham Conference
ROOT
New Projects/Investments
Revenue Acceleration/Inflection
Product Launch
- Root, a leading insurtech founded in 2015, leverages mobile technology and data science to offer personalized car insurance rates based on driver behavior, and has been public since 2020.
- The company distributes its products through three channels: direct (50% of business), embedded (exclusive with Carvana, new with Hyundai), and independent agents (a quarter of business), with all channels experiencing significant growth, such as the direct business doubling in 2023 and the agent channel tripling year-over-year.
- Root emphasizes financial discipline, ensuring all new business meets a hurdle rate and growing in a disciplined manner rather than for growth's sake.
- A core competitive advantage is its AI and machine learning-driven pricing and automation platform, enabling annual model updates, significantly faster than competitors' 5-10 year cycles, and allowing for quick adaptation to market changes.
- Future strategic priorities include national expansion, increasing partnerships with OEMs and financial services companies, growing its independent agent network, and continuous investment in pricing technology with a goal of daily algorithm updates.
Jan 12, 2026, 8:30 PM
Root Discusses Growth Strategy and Technology Advantage at Needham Conference
ROOT
New Projects/Investments
Revenue Acceleration/Inflection
- Root, a leading insurtech, leverages mobile technology and data science to offer personalized car insurance rates based on driver behavior, with 50% of its business direct, a quarter through independent agents, and the rest via embedded products like Carvana and Hyundai.
- The company prioritizes financial discipline, ensuring every new business addition meets a specific internal rate of return (IRR) hurdle rate, rather than chasing quarterly growth targets.
- Root's core competitive advantage is its AI and machine learning-driven platform, enabling annual pricing model updates (compared to 5-10 years for competitors) and a 20% increase in quote LTVs with its new pricing model.
- The independent agent channel is the fastest-growing segment, tripling year-over-year and now comprising roughly a quarter of the business, facilitated by technology that reduces quote times from 22 minutes to under 3 minutes.
- Strategic priorities include national expansion (currently in 35 states), growing its partner platform (OEMs and financial services), and further investing in pricing technology to accelerate algorithm updates, with a goal of daily adjustments.
Jan 12, 2026, 8:30 PM
Roots Reports Third Quarter Fiscal 2025 Results
ROOT
Earnings
Share Buyback
Revenue Acceleration/Inflection
- Roots reported Q3 2025 sales of $71.5 million, representing a 6.8% increase compared to Q3 2024, with Direct-to-Consumer (DTC) comparable sales growing by 6.3%. The gross margin for Q3 2025 was 60.8%, an improvement of 80 basis points from Q3 2024.
- Net income for Q3 2025 totaled $2.3 million, a 4.5% decrease from $2.4 million in Q3 2024, while Adjusted EBITDA increased 5.3% to $7.5 million.
- The company's net debt was reduced by 5.9% year-over-year to $44.1 million at the end of Q3 2025. Roots also repurchased 415,200 common shares for $1.3 million under its normal course issuer bid during Q3 2025.
Dec 10, 2025, 11:59 AM
Root Reports Q3 2025 Financial Results with Record Policies and Revenue
ROOT
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- Root reported a net loss of $5 million and adjusted EBITDA of $34 million for Q3 2025, with the net loss primarily driven by a $17 million non-cash expense related to its warrant structure with Carvana.
- The company achieved record policies in force and revenue in Q3 2025, delivering double-digit percentage increases year-over-year in policies in force, written premium, and earned premium, while maintaining a 59% gross accident period loss ratio.
- Operational improvements include the deployment of a new pricing algorithm that improved customer LTVs by 20% on average and a new UBI model estimated to improve predictive power by 10%.
- New writings in the partnership channel more than doubled year-over-year, with independent agents now representing 50% of partnership distribution and tripling new writings year-over-year in this segment.
- Root plans to increase its direct R&D marketing investment by approximately $5 million in Q4 and anticipates a 5 percentage point headwind to its loss ratio in Q4 due to typical seasonality.
Nov 5, 2025, 10:00 PM
Root Reports Q3 2025 Financial Results and Operational Growth
ROOT
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- Root reported a net loss of $5 million, operating income of $300,000, and adjusted EBITDA of $34 million for Q3 2025, alongside a 59% gross accident period loss ratio.
- The company achieved a record quarter for policies in force and revenue, driven by accelerating growth in both direct and partnership distribution channels. New writings in the direct channel increased sequentially by high single digits, and partnership channel new writings more than doubled year over year.
- Operational improvements included the deployment of a new pricing algorithm that improved customer LTVs by 20% on average and a new UBI model with 10% improved predictive power.
- Root maintained a strong capital position with $309 million in unencumbered capital at the end of Q3 2025 and plans to increase direct R&D marketing investment by approximately $5 million in Q4.
Nov 5, 2025, 10:00 PM
Root, Inc. Announces Q3 2025 Financial and Operational Results
ROOT
Earnings
Revenue Acceleration/Inflection
- Root, Inc. reported a 27% year-over-year increase in total revenue and a 29% growth in net earned premium for Q3 2025.
- The company achieved a gross loss ratio of 59% in Q3 2025, which is below its long-term target of 60-65%, alongside a net loss of $5 million and adjusted EBITDA of $34 million for the quarter.
- Operational highlights include independent agent new writings more than tripling year-over-year and the deployment of a new pricing model that increased estimated customer lifetime values by over 20% on average. The company also launched a new Usage-Based Insurance (UBI) model, estimated to be 10% more predictive.
- Root maintained a strong capital position with $309 million in unencumbered capital at the end of Q3 2025.
Nov 5, 2025, 9:05 PM
Quarterly earnings call transcripts for Root.
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