ROOT
Income statement / Annual
Last year (2024), Root, Inc.'s total revenue was $1.18 B,
an increase of 158.57% from the previous year.
In 2024, Root, Inc.'s net income was $30.90 M.
See Root, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
| Operating Revenue |
$1.18 B |
$455.00 M |
$310.80 M |
$345.40 M |
$346.80 M |
$290.20 M |
$43.30 M |
| Cost of Revenue |
$839.40 M
|
$378.90 M
|
$343.00 M
|
$397.30 M
|
$361.00 M
|
$373.70 M
|
$53.70 M
|
| Gross Profit |
$337.10 M
|
$76.10 M
|
-$32.20 M
|
-$51.90 M
|
-$14.20 M
|
-$83.50 M
|
-$10.40 M
|
| Gross Profit Ratio |
0.29
|
0.17
|
-0.1
|
-0.15
|
-0.04
|
-0.29
|
-0.24
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$69.50 M
|
$83.30 M
|
$127.40 M
|
$97.60 M
|
$78.50 M
|
$43.00 M
|
$9.30 M
|
| Selling & Marketing Expenses |
$135.80 M
|
$49.30 M
|
$48.00 M
|
$270.20 M
|
$139.70 M
|
$109.60 M
|
$40.30 M
|
| Selling, General & Administrative Expenses |
$205.30 M
|
$132.60 M
|
$175.40 M
|
$367.80 M
|
$218.20 M
|
$152.60 M
|
$49.60 M
|
| Other Expenses |
$100.90 M
|
$90.90 M
|
$90.10 M
|
$101.40 M
|
$130.60 M
|
$46.30 M
|
$9.10 M
|
| Operating Expenses |
$306.20 M
|
$223.50 M
|
$265.50 M
|
$469.20 M
|
$348.80 M
|
$198.90 M
|
$58.70 M
|
| Cost And Expenses |
$1.15 B
|
$602.40 M
|
$608.50 M
|
$866.50 M
|
$709.80 M
|
$572.60 M
|
$112.40 M
|
| Interest Income |
$41.50 M
|
$32.80 M
|
$8.10 M
|
$3.50 M
|
$5.90 M
|
$0.00
|
$1.30 M
|
| Interest Expense |
$42.20 M
|
$46.10 M
|
$34.60 M
|
$20.00 M
|
$77.70 M
|
$22.30 M
|
$900.00 K
|
| Depreciation & Amortization |
$14.90 M
|
$12.60 M
|
$13.80 M
|
$16.60 M
|
$15.60 M
|
$4.90 M
|
$600.00 K
|
| EBITDA |
$88.00 M |
-$88.70 M |
-$249.30 M |
-$484.50 M |
-$269.70 M |
-$255.20 M |
-$67.60 M |
| EBITDA Ratio |
0.07
|
-0.19
|
-0.8
|
-1.4
|
-0.78
|
-0.88
|
-1.56
|
| Operating Income Ratio |
0.03
|
-0.32
|
-0.96
|
-1.51
|
-1.05
|
-0.97
|
-1.6
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$30.90 M
|
-$147.40 M
|
-$297.70 M
|
-$521.10 M
|
-$363.00 M
|
-$282.40 M
|
-$69.10 M
|
| Income Before Tax Ratio |
0.03
|
-0.32
|
-0.96
|
-1.51
|
-1.05
|
-0.97
|
-1.6
|
| Income Tax Expense |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Net Income |
$30.90 M
|
-$147.40 M
|
-$297.70 M
|
-$521.10 M
|
-$363.00 M
|
-$282.40 M
|
-$69.10 M
|
| Net Income Ratio |
0.03
|
-0.32
|
-0.96
|
-1.51
|
-1.05
|
-0.97
|
-1.6
|
| EPS |
1.96 |
-10.24 |
-21.11 |
-37.62 |
-86.43 |
-24.83 |
-6.08 |
| EPS Diluted |
1.83 |
-10.24 |
-21.11 |
-37.62 |
-86.43 |
-24.83 |
-6.08 |
| Weighted Average Shares Out |
$14.90 M
|
$14.40 M
|
$14.10 M
|
$13.84 M
|
$13.88 M
|
$14.08 M
|
$1.77 M
|
| Weighted Average Shares Out Diluted |
$16.90 M
|
$14.40 M
|
$14.10 M
|
$13.84 M
|
$13.88 M
|
$14.08 M
|
$1.77 M
|
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