ROOT Q2 2022 Earnings — Root, Inc. Revenue & Financial Results | Market Cap Arena

ROOTRoot, Inc.

$619M

Q2 2022 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$80M-10.5% YoY

Gross Profit

-$8M-9.3% margin

Operating Income

-$96M-118.8% margin

Net Income

-$96M-118.8% margin

EPS (Diluted)

$-6.77

QoQ Revenue Growth

-5.9%

Cash Flow

Operating Cash Flow

-$54M

Free Cash Flow

-$56M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$1.1B

Stockholders' Equity

$388M

Cash & Equivalents

$886M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$80M	$90M	-10.5%
Gross Profit	-$8M	$90M	-108.4%
Operating Income	-$96M	-$172M	+44.5%
Net Income	-$96M	-$179M	+46.5%