Filing Flows › Root (ROOT) › Q1 2026
Root (ROOT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Root (ROOT) reported revenue of $394M for the first quarter 2026 (Q1 2026), +13% from a year earlier and -0.9% from the quarter before. Operating margin was 10.4%, net earnings $35.9M (9.1% of revenue).
Root, Q1 2026: revenue $394M (+13% year over year), operating margin 10.4%, net earnings $35.9M, operating cash flow $9.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $394M | -0.9% | +13% |
| Operating profit | $40.9M | +290% | +73% |
| Net earnings | $35.9M | +577% | +95% |
| Operating cash flow | $9.3M | -87% | -65% |
What changed
Revenue was $393.5M in Q1 2026, up 13% year over year and down 1% from the previous quarter.
Operating profit was $40.9M, a 10.4% margin (up 3.6 points year over year). Of the extra revenue versus Q1 2025, 39% reached operating profit, above the 7% margin then. Total costs grew 8% against revenue growth of 13%. The fastest-growing cost line was General & admin (+20%). Net earnings were $35.9M, up 95% year over year. The effective tax rate was 0.6%.
Operating cash flow was $9.3M (down 65% year over year), 26% of net earnings. Non-cash charges added back $3.1M of depreciation and amortization and $11.0M of share-based compensation. Working capital and other items used $40.7M.
Questions
What was Root's revenue in the first quarter 2026?
Root (ROOT) reported revenue of $394M for the first quarter 2026 (Q1 2026), +13% from a year earlier and -0.9% from the quarter before.
Was Root profitable in the first quarter 2026?
Operating profit was $40.9M (10.4% of revenue) and net earnings $35.9M.
Source: Root 10-Q on SEC EDGAR.