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| Date | Value |
|---|---|
| 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 |