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Root (ROOT) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 4, 2026

Root (ROOT) reported revenue of $381M for the third quarter 2026 (Q3 2026), -2% from a year earlier and -2% from the quarter before. Operating margin was 4.8%, net earnings $14.4M (3.8% of revenue).

Revenue$381M
Year over year-2%
Quarter over quarter-2%
Operating margin4.8%
Net earnings$14.4M

Root, Q3 2026: revenue $381M (-2% year over year), operating margin 4.8%, net earnings $14.4M, operating cash flow $47.3M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$381M-2%-2%
Operating profit$18.3M-47%61×
Net earnings$14.4M-43%—
Operating cash flow$47.3M-18%-18%

What changed

Revenue was $381.3M in Q3 2026, down 2% year over year and down 2% from the previous quarter.

Operating profit was $18.3M, a 4.8% margin (up 4.7 points year over year). Total costs fell 6% while revenue fell 2%. Net earnings were $14.4M. The effective tax rate was 0.7%.

Operating cash flow was $47.3M (down 18% year over year), 328% of net earnings. Non-cash charges added back $4.6M of depreciation and amortization and $8.9M of share-based compensation. Working capital and other items added $19.4M.

Questions

What was Root's revenue in the third quarter 2026?

Root (ROOT) reported revenue of $381M for the third quarter 2026 (Q3 2026), -2% from a year earlier and -2% from the quarter before.

Was Root profitable in the third quarter 2026?

Operating profit was $18.3M (4.8% of revenue) and net earnings $14.4M.

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Source: Root 10-Q on SEC EDGAR.