Root (ROOT)
Prices auto policies from smartphone driving data instead of traditional demographic risk factors.
$48.60
vs last close−1.18 (−2.37%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 115 | 195 | 255 | 289 | 306 | 327 | 349 | 383 | 388 | 397 | 394 | 389 |
| Cost of revenue | 104 | 148 | 191 | 218 | 207 | 223 | 242 | 281 | 306 | 301 | 226 | 240 |
| Gross profit | 11 | 47 | 64 | 71 | 99 | 104 | 107 | 102 | 81 | 96 | 167 | 149 |
| 57 | 71 | 70 | 79 | 76 | 82 | 89 | 80 | 86 | 91 | 131 | 124 | |
| Research & development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16 |
| 34 | 47 | 48 | 52 | 52 | 54 | 72 | 61 | 66 | 73 | 52 | 41 | |
| Selling & marketing | 13 | 27 | 30 | 34 | 34 | 37 | 52 | 37 | 41 | 46 | 27 | 25 |
| General & administrative | 21 | 20 | 17 | 18 | 18 | 17 | 21 | 24 | 26 | 27 | 25 | 16 |
| Other expenses | 23 | 24 | 23 | 26 | 25 | 28 | 17 | 19 | 20 | 18 | 79 | 67 |
| Operating income | −46 | −24 | −6 | −8 | 23 | 22 | 18 | 22 | −5 | 5 | 36 | 26 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest income | 9 | 10 | 10 | 11 | 11 | 10 | 9 | 10 | 11 | 10 | 10 | 10 |
| Interest expense | 12 | 12 | 12 | 12 | 12 | 7 | 5 | 5 | 5 | 5 | 5 | 4 |
| Other non-operating income | −12 | −12 | −12 | −12 | −12 | −7 | −5 | −5 | −5 | −5 | −5 | −4 |
| Income before tax | −46 | −24 | −6 | −8 | 23 | 22 | 18 | 22 | −5 | 5 | 36 | 26 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −1 | 0 | 0 |
| Net income from continuing operations | −46 | −24 | −6 | −8 | 23 | 22 | 18 | 22 | −5 | 6 | 36 | 25 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −1 | 0 | 0 |
| Net income | −46 | −24 | −6 | −8 | 23 | 22 | 18 | 22 | −5 | 5 | 36 | 25 |
| EPS, basic | −$3.16 | −$1.64 | −$0.42 | −$0.52 | $1.45 | $1.38 | $1.15 | $1.36 | −$0.35 | $0.33 | $2.19 | $1.54 |
| EPS, diluted | −$3.16 | −$1.64 | −$0.42 | −$0.52 | $1.35 | $1.30 | $1.07 | $1.29 | −$0.35 | $0.31 | $1.99 | $1.42 |
| Weighted average shares, basic | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 16 | 16 | 16 |
| Weighted average shares, diluted | 15 | 15 | 15 | 15 | 17 | 17 | 17 | 17 | 15 | 17 | 17 | 17 |
| EBITDA | −31 | −8 | 8 | 8 | 40 | 32 | 26 | 29 | 5 | 14 | 44 | 32 |
| Depreciation & amortization | 3 | 4 | 3 | 4 | 5 | 3 | 2 | 2 | 5 | 3 | 3 | 3 |
| EBIT | −34 | −12 | 5 | 4 | 34 | 30 | 24 | 27 | 0 | 11 | 41 | 30 |
