Root (ROOT) Revenue — Quarter Ended Mar 31, 2025
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The growth rate versus the prior year was higher than the sequential growth rate.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The growth rate versus the prior year was higher than the sequential growth rate.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$349.4M
Revenue reported for this quarter.
Quarter-over-quarter
+6.9%
Change from the immediately preceding quarter.
Year-over-year
+37.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2024 | $289.2M | +286.6% |
| Sep 30, 2024 | $305.7M | +165.1% |
| Dec 31, 2024 | $326.7M | +67.7% |
| Mar 31, 2025 | $349.4M | +37.1% |
Revenue performance
The reported revenue for the quarter was higher than the preceding quarter, continuing an upward trend. The year-over-year comparison also showed a substantial increase.
Quarterly comparison
Sequentially, revenue rose from the immediately preceding quarter. On a year-over-year basis, revenue was also higher than the same quarter one year earlier.
What to watch
The filing notes forward-looking statements regarding customer retention, acquisition, and future financial performance, which may affect revenue sustainability.