Root reported revenue of $389.20M and net income of $25.40M for the quarter ended Jun 2026, up 1.6% year over year. This income statement covers 30 quarters of results from Mar 2019 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||||||||
| Revenue | 93.80M | 93.20M | 85.40M | 80.40M | 73.70M | 71.30M | 70.10M | 74.80M | 115.30M | 194.80M | 254.90M | 289.20M | 305.70M | 326.70M | 349.40M | 382.90M | 387.80M | 397.00M | 393.50M | 389.20M | ||||||||||
| Cost of RevenueCost of Rev | 114.40M | 107.80M | 96.70M | 95.70M | 80.90M | 77.70M | 63.30M | 59.50M | 85.80M | 122.70M | 166.40M | 190.30M | 184.50M | 191.80M | 205.60M | 233.30M | 239.40M | 245.90M | 226.20M | 239.90M | ||||||||||
| Gross Profit | -20.60M | -14.60M | -11.30M | -15.30M | -7.20M | -6.40M | 6.80M | 15.30M | 29.50M | 72.10M | 88.50M | 98.90M | 121.20M | 134.90M | 143.80M | 149.60M | 148.40M | 151.10M | 167.30M | 149.30M | ||||||||||
| Operating items | ||||||||||||||||||||||||||||||
| Research & DevelopmentR&D | 65.40M | 24.70M | 15.30M | 21.40M | 14.30M | 9.40M | 10.20M | 11.10M | 13.10M | 16.90M | 30.40M | 34.20M | 34.00M | 37.20M | 51.50M | 37.10M | 40.60M | 45.60M | 27.30M | 25.30M | ||||||||||
| Selling, General & AdministrativeSG&A | 27.40M | 27.80M | 30.50M | 39.50M | 26.40M | 31.00M | 21.50M | 20.70M | 21.00M | 20.10M | 17.10M | 18.10M | 17.50M | 16.80M | 20.50M | 23.60M | 25.80M | 27.00M | 24.50M | 15.50M | ||||||||||
| Other Operating ExpensesOther Opex | 127.90M | 132.60M | 111.60M | 105.80M | 90.10M | 78.60M | 68.20M | 68.20M | 115.20M | 170.10M | 202.00M | 233.10M | 219.80M | 237.80M | 253.70M | 294.90M | 321.10M | 313.90M | 300.80M | 313.80M | ||||||||||
| Operating ExpensesOpex | 220.70M | 185.10M | 157.40M | 166.70M | 130.80M | 119.00M | 99.90M | 100.00M | 149.30M | 207.10M | 249.50M | 285.40M | 271.30M | 291.80M | 325.70M | 355.60M | 387.50M | 386.50M | 352.60M | 354.60M | ||||||||||
| Operating IncomeOp. Inc | -126.90M | -91.90M | -72.00M | -86.30M | -57.10M | -47.70M | -29.80M | -25.20M | -34.00M | -12.30M | 9.20M | 10.00M | 34.40M | 34.90M | 23.70M | 27.30M | 7.00M | 10.50M | 40.90M | 34.60M | ||||||||||
| EBIT | -126.90M | -91.90M | -72.00M | -86.30M | -57.10M | -47.70M | -29.80M | -25.20M | -34.00M | -12.30M | 9.20M | 10.00M | 34.40M | 34.90M | 23.70M | 27.30M | 7.00M | 10.50M | 40.90M | 34.60M | ||||||||||
| Non-operating items | ||||||||||||||||||||||||||||||
| Non Operating Interest Expenses | 6.10M | 2.10M | 5.50M | 9.20M | 9.30M | 10.60M | 11.10M | 11.50M | 11.80M | 11.70M | 11.60M | 11.60M | 11.60M | 7.40M | 5.30M | 5.30M | 5.30M | 5.10M | 4.80M | 4.10M | ||||||||||
| Non Operating Investment IncomeNon-Op. Investment Inc. | 1.20M | -0.10M | -0.60M | 0.10M | ||||||||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | -0.50M | -1.20M | -3.70M | -1.30M | -2.30M | 1.10M | 1.10M | -1.20M | -0.70M | 4.10M | -0.80M | -0.10M | 5.50M | -4.40M | 3.00M | 1.60M | 1.20M | 0.40M | -3.50M | -2.40M | ||||||||||
| Other Non Operating IncomeOther Non Op Inc. | -4.90M | |||||||||||||||||||||||||||||
| Net income details | ||||||||||||||||||||||||||||||
| EBT | -133.00M | -109.90M | -77.50M | -95.50M | -66.40M | -58.30M | -40.90M | -36.70M | -45.80M | -24.00M | -6.20M | -7.80M | 22.80M | 22.10M | 18.40M | 22.00M | -5.00M | 5.40M | 36.10M | 25.60M | ||||||||||
| Tax ProvisionsTaxes | 0.40M | 0.10M | 0.20M | 0.20M | ||||||||||||||||||||||||||
| Profit After TaxPAT | -133.50M | -111.10M | -81.20M | -96.80M | -68.70M | -58.30M | -40.90M | -37.90M | -46.50M | -23.20M | -7.00M | -7.90M | 28.30M | 17.70M | 21.40M | 23.60M | -5.40M | 5.70M | 35.90M | 25.40M | ||||||||||
| Income from Continuing OperationsIncome (Continuing) | -133.00M | -109.90M | -77.50M | -95.50M | -66.40M | -58.30M | -40.90M | -36.70M | -45.80M | -24.00M | -6.20M | -7.80M | 22.80M | 22.10M | 18.40M | 22.00M | -5.40M | 5.30M | 35.90M | 25.40M | ||||||||||
| Consolidated Net IncomeConsol Net Inc. | -133.00M | -109.90M | -77.50M | -95.50M | -66.40M | -58.30M | -40.90M | -36.70M | -45.80M | -24.00M | -6.20M | -7.80M | 22.80M | 22.10M | 18.40M | 22.00M | -5.40M | 5.30M | 35.90M | 25.40M | ||||||||||
| Income towards Parent CompanyParent Net Inc | -133.00M | -109.90M | -77.50M | -95.50M | -66.40M | -58.30M | -40.90M | -36.70M | -45.80M | -24.00M | -6.20M | -7.80M | 22.80M | 22.10M | 18.40M | 22.00M | -5.40M | 5.30M | 35.90M | 25.40M | ||||||||||
| Preferred Dividend PaymentsPref Dividends | 1.10M | 1.20M | 0.90M | 1.10M | 0.20M | 1.70M | 1.30M | |||||||||||||||||||||||
| Net Income towards Common StockholdersNet Income | -133.00M | -109.90M | -77.50M | -95.50M | -66.40M | -58.30M | -40.90M | -36.70M | -45.80M | -24.00M | -6.20M | -7.80M | 21.70M | 20.90M | 17.50M | 20.90M | -5.40M | 5.10M | 34.20M | 24.10M | ||||||||||
| Additional items | ||||||||||||||||||||||||||||||
| EPS (Basic) | -9.57 | -7.96 | -5.54 | -6.77 | -4.71 | -4.13 | -2.88 | -2.55 | -3.16 | -1.67 | -0.42 | -0.52 | 1.45 | 1.40 | 1.15 | 1.36 | -0.35 | 0.33 | 2.19 | 1.54 | ||||||||||
| EPS (Diluted) | -9.57 | -7.96 | -5.54 | -6.77 | -4.71 | -4.13 | -2.88 | -2.55 | -3.16 | -1.67 | -0.42 | -0.52 | 1.28 | 1.24 | 1.02 | 1.22 | -0.35 | 0.30 | 1.99 | 1.42 | ||||||||||
| Shares Outstanding | 13.90M | 13.80M | 14.00M | 14.10M | 14.10M | 14.10M | 14.20M | 14.40M | 14.50M | 14.40M | 14.60M | 14.90M | 15.00M | 14.90M | 15.20M | 15.40M | 15.40M | 15.40M | 15.60M | 15.70M | ||||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 13.90M | 13.80M | 14.00M | 14.10M | 14.10M | 14.10M | 14.20M | 14.40M | 14.50M | 14.40M | 14.60M | 14.90M | 16.90M | 16.90M | 17.20M | 17.10M | 15.40M | 17.10M | 17.20M | 17.00M | ||||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 13.90M | 13.80M | 14.00M | 14.10M | 14.10M | 14.10M | 14.20M | 14.40M | 14.50M | 14.40M | 14.60M | 14.90M | 15.00M | 14.90M | 15.20M | 13.60M | 13.70M | 13.70M | 13.90M | 13.70M | ||||||||||
| EBITDA | -126.90M | -91.90M | -72.00M | -86.30M | -57.10M | -47.70M | -29.80M | -25.20M | -34.00M | -12.30M | 9.20M | 10.00M | 34.40M | 34.90M | 23.70M | 27.30M | 7.00M | 10.50M | 40.90M | 34.60M | ||||||||||
| Interest ExpensesInt Expense | 3.30M | 5.40M | 3.80M | 3.80M | 3.30M | 2.80M | 2.30M | 2.20M | 2.70M | 4.00M | 5.20M | 6.80M | 7.20M | 9.80M | 7.20M | 8.20M | 8.00M | 8.90M | 8.60M | 8.50M | ||||||||||
| Tax Rate | -8.00% | 1.85% | 0.55% | 0.78% |