Root Inc. reported second-quarter 2026 results with revenues of $389 million, up 2% year over year, and adjusted EBITDA of $44 million, up 16% year over year. The company's net underwriting margin improved 310 basis points to 7.9%, driven by expense discipline, while policies in force rose 6% to 0.484 million. Root bought back $20 million of shares under its $75 million repurchase authorization. Despite the improvements, Zacks Investment Research maintains a Hold rating on the stock, citing a premium valuation and muted analyst sentiment.
Root IncRoot Inc. reported improved Q2 results with revenue and EBITDA growth, but Zacks maintains Hold on premium valuation.
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