Root reports Q2 2025 results

Root Insurance released its Q2 2025 results, ending the period with ~455k policies-in-force, a 12% increase compared to Q2 2024. Root added 1,700 policies to its overall count during the quarter.

Gross premiums written increased 12% YoY to $346 million.

Net loss and LAE ratio improved ~6 points YoY to 66%.

Net combined ratio improved ~8 points YoY to 95%.

The company spent $37.1 million on sales and marketing during the quarter, an increase of 8% compared to Q2 2024.

Root reported net income of $22 million in the quarter, extending its profitability streak to four consecutive quarters.

The partnership channel, which includes embedded partners and independent agents, nearly tripled new writings YoY.

As of June 30, 2025, Root had $641.4 million in cash and cash equivalents, of which $314.2 million was held outside of regulated insurance entities.

Bottom Line: Root Insurance didn’t drop the score, but it did drop its mobile-only approach and now offers quotes through its website.