Root financials
$46.11+0.20%
Close Sep 30, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 |
|---|---|---|---|---|---|---|
| Revenue | $1.52B | $1.18B | $455.0M | $310.8M | $345.4M | $346.8M |
| Gross profit | $592.9M | $443.5M | $123.7M | -$40.2M | -$46.9M | -$16.0M |
| Gross margin | 39.1% | 37.7% | 27.2% | −12.9% | −13.6% | −4.6% |
| Operating income | $61.8M | $73.1M | -$101.3M | -$263.1M | -$485.2M | -$285.3M |
| Net income | $38.3M | $29.2M | -$147.4M | -$297.7M | -$521.1M | -$363.0M |
| Net margin | 2.5% | 2.5% | −32.4% | −95.8% | −150.9% | −104.7% |
| Diluted EPS | $2.36 | $1.83 | $-10.24 | $-21.11 | $-37.76 | $-86.43 |
| EBITDA | $73.6M | $93.4M | -$88.7M | -$249.3M | -$468.6M | -$269.7M |
| Operating cash flow | $206.5M | $195.7M | -$33.6M | -$210.6M | -$403.4M | -$287.2M |
| Free cash flow | $206.5M | $195.3M | -$33.8M | -$210.6M | -$408.0M | -$289.0M |
| Diluted shares | 17.1M | 16.9M | 14.4M | 14.1M | 13.8M | 4.2M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $669.3M | $599.3M | $678.7M | $762.1M | $706.0M | $1.11B |
| Short-term investments | $20.6M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M |
| Total debt | $200.3M | $200.1M | $299.0M | $295.4M | $0.00 | $188.2M |
| Total assets | $1.67B | $1.50B | $1.35B | $1.31B | $1.32B | $1.76B |
| Total liabilities | $1.28B | $1.18B | $1.07B | $923.8M | $670.9M | $729.9M |
| Shareholders' equity | $284.3M | $203.7M | $165.7M | $277.1M | $536.4M | $1.03B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology