ROOT Q2 2021 Earnings — Root, Inc. Revenue & Financial Results | Market Cap Arena

ROOTRoot, Inc.

$601M

Q2 2021 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$90M-26.0% YoY

Gross Profit

$90M100.0% margin

Operating Income

-$172M-191.6% margin

Net Income

-$179M-198.9% margin

EPS (Diluted)

$-12.96

QoQ Revenue Growth

+30.9%

Cash Flow

Operating Cash Flow

-$136M

Free Cash Flow

-$138M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$826M

Stockholders' Equity

$762M

Cash & Equivalents

$973M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$90M	$121M	-26.0%
Gross Profit	$90M	$9M	+920.5%
Operating Income	-$172M	-$39M	-342.4%
Net Income	-$179M	-$39M	-359.1%