Root reports Q4 2025 results

Root Insurance released its Q4 and full year 2025 results, ending the period with 482k policies, a 16% increase compared to Q4 2024. Root added 15.5k policies to its overall count during the quarter.

Gross premiums written increased 16% YoY to $1.5 billion.

Net combined ratio for the year was 98.2%, compared to 96.4% in 2024.

Root ended the year with net income of $40 million, an increase of $9 million from 2024.

The company spent $175 million on sales and marketing, compared to $136 million in 2024.

Distribution through independent agents has been Root’s fastest growing segment.

The company had $312 million of unencumbered capital at the end of 2025.

Root revealed a partnership with Toyota that allows owners of connected vehicles to share their vehicle driving data with Root for an instant, telematics-based quote.