ROOT Q4 2024 Earnings — Root, Inc. Revenue & Financial Results | Market Cap Arena

ROOTRoot, Inc.

$619M

Q4 2024 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$327M+67.7% YoY

Gross Profit

$104M31.7% margin

Operating Income

$22M6.8% margin

Net Income

$22M6.8% margin

EPS (Diluted)

$1.23

QoQ Revenue Growth

+6.9%

Cash Flow

Operating Cash Flow

$69M

Free Cash Flow

$65M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$1.3B

Stockholders' Equity

$204M

Cash & Equivalents

$599M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$327M	$195M	+67.7%
Gross Profit	$104M	$47M	+121.8%
Operating Income	$22M	-$24M	+192.1%
Net Income	$22M	-$24M	+192.1%