ROOT Q3 2021 Earnings — Root, Inc. Revenue & Financial Results | Market Cap Arena

ROOTRoot, Inc.

$601M

Q3 2021 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$94M+85.7% YoY

Gross Profit

$94M100.0% margin

Operating Income

-$127M-135.3% margin

Net Income

-$133M-141.8% margin

EPS (Diluted)

$-9.57

QoQ Revenue Growth

+4.5%

Cash Flow

Operating Cash Flow

-$138M

Free Cash Flow

-$140M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$889M

Stockholders' Equity

$636M

Cash & Equivalents

$834M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$94M	$51M	+85.7%
Gross Profit	$94M	$51M	+85.7%
Operating Income	-$127M	-$66M	-93.2%
Net Income	-$133M	-$85M	-56.1%