Root (ROOT) Research & Development (2019 - 2026)
Root's Research & Development came in at $15.5 million for Q2 2026, up 13.1% from $13.7 million a year earlier and up 2.0% from the prior quarter.
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Analysis
Root (ROOT) Research & Development (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Root reported Research & Development of $58.7 million, up 11.4% year-over-year; for FY2025, it was $53.1 million, down 0.4% from FY2024.
- Research & Development carries a five-year compound annual growth rate of 0.1% (FY2020 to FY2025).
- Going back by year, Research & Development was $53.3 million in FY2024 (+19.0%), $44.8 million in FY2023 (-19.3%), $55.5 million in FY2022 (-15.3%) and $65.5 million in FY2021 (+23.8%).
- The Q2 2026 figure represents the highest quarterly Research & Development since Q2 2022.
- Year-over-year, Research & Development increased in six of the last eight quarters, with growth averaging 10.3%.
- The fastest year-over-year change in Research & Development over five years came in Q3 2021 (growth of 39.5%), and the weakest in Q4 2022 (a decline of 42.0%).
- Business Quant data shows ROOT's Research & Development at $15.2 million (Q1 2026), $13.3 million (Q4 2025) and $14.7 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | - |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | - |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | - |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | - |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | - |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | - |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | - |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | - |
| 10 | Root | 640.20 Mn | -1.81 Bn | - | 15.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.50 Mn |
| Mar 31, 2026 | 15.20 Mn |
| Dec 31, 2025 | 13.30 Mn |
| Sep 30, 2025 | 14.70 Mn |
| Jun 30, 2025 | 13.70 Mn |
| Mar 31, 2025 | 11.40 Mn |
| Dec 31, 2024 | 14.70 Mn |
| Sep 30, 2024 | 12.90 Mn |
| Jun 30, 2024 | 14.70 Mn |
| Mar 31, 2024 | 11.00 Mn |
| Dec 31, 2023 | 12.40 Mn |
| Sep 30, 2023 | 11.10 Mn |
| Jun 30, 2023 | 11.10 Mn |
| Mar 31, 2023 | 10.20 Mn |
| Dec 31, 2022 | 9.40 Mn |
| Sep 30, 2022 | 14.30 Mn |
| Jun 30, 2022 | 17.90 Mn |
| Mar 31, 2022 | 13.90 Mn |
| Dec 31, 2021 | 16.20 Mn |
| Sep 30, 2021 | 18.00 Mn |
API Access
Root Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=ROOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "ROOT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=ROOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();