Root reported $25 million net income and $389 million revenue for Q2 2026, with policies in force rising 6% year-over-year.
Root Inc. (ROOT) reported a 15% year-over-year increase in net income to $25 million for Q2 2026, driven by a 31% annualized return on equity. Revenue rose 2% to $389 million, while policies in force grew 6% to 484,000.
The company’s policies in force growth of 6% lagged behind prior periods but aligned with management’s outlook for relatively flat year-over-year expansion in 2026. Root aims to achieve a national footprint by the end of 2027, signaling long-term growth ambitions.
No immediate market reaction was disclosed in the earnings call summary.