Sells auto insurance to drivers based on their driving behaviors.
Jun 2026Revenue $1.57B/yrExpenses $1.48B/yr
Reached break-even Aug 2024
Figures by year
When did Root become profitable?
Its revenue passed its expenses in Aug 2024. In the 12 months to Jun 2026, revenue was $1.57B and expenses $1.48B.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $1.52B | $1.46B | $61.8M |
| Dec 2024 | $1.18B | $1.10B | $78.5M |
| Dec 2023 | $455M | $556M | −$101M |
| Dec 2022 | $311M | $574M | −$263M |
| Dec 2021 | $345M | $831M | −$485M |
| Dec 2020 | $347M | $632M | −$285M |
| Dec 2019 | $290M | $550M | −$260M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.