Root (ROOT) 10-K Summaries & Annual Filing History
Review Root, Inc. (ROOT) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
Root, Inc. reported a year of strong revenue growth and achieved profitability. The company's financial results show positive operating income and net income, with healthy operating cash flow.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$1.5B
Revenue reported for the fiscal year.
Operating income
$61.8M
Income from operations reported for the year.
Net income
$40.3M
Net income reported for the year.
Operating cash flow
$206.5M
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $310.8M | +321.7% |
| Dec 31, 2023 | $455M | +46.4% |
| Dec 31, 2024 | $1.2B | +158.6% |
| Dec 31, 2025 | $1.5B | +29.0% |
Business overview
Root, Inc. generates revenue primarily through the sale of insurance policies via its subsidiaries. The company also utilizes reinsurance and manages its investment portfolio, while funding operations through policy sales and capital markets.
Financial performance
Revenue grew substantially compared to earlier periods, and the company turned profitable with positive operating income and net income. Operating cash flow was also positive, reflecting improved operational efficiency.
Material risks
The company faces risks from economic instability, including inflation, interest rate changes, and tariff policy shifts, which could increase claims costs and affect investment returns. Market conditions and reliance on reinsurance also pose potential challenges.
Liquidity and capital
Operations are funded by insurance policy sales, stock and debt issuances, and dividends from insurance subsidiaries. The company continuously evaluates financing alternatives, including capital markets transactions, while regulatory restrictions apply to subsidiary dividends.
What to watch
Monitor how inflationary pressures and tariff changes affect claims costs and the company's ability to sustain profitability.