Root (ROOT) Operating Expenses (2019 - 2026)

Root (ROOT) posted quarterly Operating Expenses of $352.6 million for Q1 2026, up 8.26% year-over-year from $325.7 million in Q1 2025, and down 8.77% on a QoQ basis from $386.5 million in Q4 2025.

Root (ROOT) Operating Expenses (2019 - 2026) Analysis & Trends

Root (ROOT) has reported Operating Expenses for 8 consecutive years, with $352.6 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Expenses rose 8.26% year-over-year to $352.6 million; the TTM figure through Mar 2026 stood at $1.5 billion (up 26.23% YoY), while the FY2025 annual figure was $1.5 billion, up 32.54% from the prior year.
  • Operating Expenses came in at $352.6 million for Q1 2026 at Root, down from $386.5 million in the prior quarter.
  • The five-year high for Operating Expenses was $387.5 million in Q3 2025, with the low at $99.9 million in Q1 2023.
  • Average Operating Expenses over 5 years is $237.4 million, with a median of $249.5 million recorded in 2024.
  • Across the five-year window, Operating Expenses tumbled 40.73% in 2022 and surged 185.4% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $119.0 million in 2022, then surged by 74.03% to $207.1 million in 2023, then surged by 40.9% to $291.8 million in 2024, then soared by 32.45% to $386.5 million in 2025, then declined by 8.77% to $352.6 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $352.6 million, $386.5 million, and $387.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Markel 7,105.55 Bn 7,090.09 Bn 2.38 Bn 3.10 Bn
2 Progressive 131.92 Bn 127.57 Bn 8.36 Bn 18.62 Bn
3 Chubb 78.78 Bn 71.35 Bn 8.64 Bn 11.78 Bn
4 Cincinnati Financial 74.32 Bn 73.06 Bn 2.60 Bn 2.54 Bn
5 Travelers Companies 72.03 Bn 48.11 Bn 5.54 Bn 9.81 Bn
6 Allstate 63.08 Bn 38.49 Bn 14.72 Bn 13.83 Bn
7 Fairfax Financial Holdings 34.53 Bn 39.18 Bn - -108.20 Mn
8 Loews 23.53 Bn 11.27 Bn -1.32 Bn 4.09 Bn
9 Selective Insurance 20.82 Bn 19.07 Bn 543.42 Mn 17.90 Mn
10 Root 936.16 Mn 328.16 Mn 366.20 Mn 352.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 352.60 Mn
Dec 31, 2025 386.50 Mn
Sep 30, 2025 387.50 Mn
Jun 30, 2025 355.60 Mn
Mar 31, 2025 325.70 Mn
Dec 31, 2024 291.80 Mn
Sep 30, 2024 271.30 Mn
Jun 30, 2024 285.40 Mn
Mar 31, 2024 249.50 Mn
Dec 31, 2023 207.10 Mn
Sep 30, 2023 149.30 Mn
Jun 30, 2023 100.00 Mn
Mar 31, 2023 99.90 Mn
Dec 31, 2022 119.00 Mn
Sep 30, 2022 130.80 Mn
Jun 30, 2022 166.70 Mn
Mar 31, 2022 157.40 Mn
Dec 31, 2021 185.10 Mn
Sep 30, 2021 220.70 Mn
Jun 30, 2021 261.90 Mn