Root, a part of Accenture

Root, a part of Accenture

https://www.rootinc.com
https://www.linkedin.com/company/root-inc/

Root, a privately owned company with headquarters in the US, is a part of Accenture. Founded in 1984, it employs approximately 180 individuals. The company functions as a strategy activation consultancy, specializing in business consulting and services.

Revenue

Founded

1984

Headcount

177

Headquarters

US

Primary Segment

Business Consulting and Services

Ownership

Privately Owned

News Summary:

On April 30, 2026, Root Inc. (NASDAQ: ROOT), a technology-driven car insurance company, announced its plans to participate in two upcoming investor conferences. Previously, on April 29, 2026, Root launched a 24-hour agent appointment program, enabling independent insurance agents to complete onboarding and begin selling policies in as little as one day. This followed the April 24, 2026, disclosure of CEO Alexander Timm's estimated 2025 compensation, which totaled $8,163,348. This figure represented a 30.5% decrease from his estimated 2024 compensation of $10,653,120, based on a DEF14A filing with the SEC.

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May

14th

2026

01:00

Emerging Tech, B2B Tag

Root, a part of Accenture

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May

8th

2026

01:00

Financial Results, Artificial Intelligence, B2B Tag

Root Inc. Opens 2026 With Best Quarterly Net Income Ever at Nearly $36M

Root Inc. reported a first-quarter 2026 net income of $35.9 million—the best quarterly result in the company’s history—compared with net income of $18.4 million for the same period in 2025.

Carrier Management

May

7th

2026

19:30

Corporate Restructuring

Root, Inc. refinances $200 million senior secured term loan facility

Client(s) Root, Inc. Jones Day represented Root. Inc., a technology-driven insurance company that utilizes mobile telematics and data science to price car insurance primarily based on driving behavior rather than traditional demographics, and certain of its domestic subsidiaries in refinancing a $200 million senior secured credit facility.

May

7th

2026

11:41

Emerging Tech, Financial Results

Root (ROOT) Q1 2026 Earnings Call Transcript

Root, Inc. (NASDAQ:ROOT) reported its most profitable quarter to date, with record results attributed to disciplined capital allocation, advanced underwriting, and improved pricing strategies. The company's annualized return on equity (ROE) reached 47%, with policies in force growing 9% year-over-year. Root's management confirmed the refinancing of a $200 million debt facility, lowering annual interest expenses by $5 million, and announced a $75 million share repurchase program, demonstrating operational flexibility and confidence in the company's value. The company's focus on technology investments and automation initiatives aims to generate structural operating leverage over time, with a shift towards partnerships and agencies in direct marketing due to macroeconomic challenges.

May

7th

2026

01:00

Financial Results, Artificial Intelligence, B2B Tag

Root Inc. Opens 2026 With Best Quarterly Net Income Ever at Nearly $36M

Root Inc. reported a first quarter 2026 net income of $35.9 million—the best quarterly result in the company’s history—compared with net income of $18.4 million for the same period in 2025.

Insurance Journal

May

6th

2026

16:48

Emerging Tech, Financial Results

Earnings call transcript: Root Inc. reports record Q1 2026 net income

Root Inc. (ROOT) reported a record net income of $36 million in Q1 2026, doubling its performance from the previous year. The company's strategic initiatives and technology innovations have driven substantial improvements across key financial metrics, despite challenging market conditions. Root's stock price increased by 2% in aftermarket trading, reflecting investor confidence in the company's record-breaking financial performance and strategic initiatives. The company anticipates continued profitability throughout 2026, driven by its strong business model and strategic investments.

Investing India

May

6th

2026

16:45

Emerging Tech, Financial Results

Root, Inc. Announces 2026 First Quarter Results

Webcast and Conference Call Details: Date: May 6, 2026 Time: 5:00 p.m. Eastern Time Participant Toll-Free Dial-In Number: 1 (877) 269-7751 Participant Toll Dial-In Number: 1 (201) 389-0908 Webcast: https://ir.joinroot.com/news-events/events A replay of the webcast will be made available for on-demand viewing after the call on the Events page of the company’s website at ir.joinroot.com .

Wallstreet Online

May

6th

2026

15:12

Emerging Tech, Financial Results, B2B Tag

Root Secures New Term Loan and Share Repurchase Authorization

Root ( (ROOT) ) has issued an announcement. On May 4, 2026, Root , Inc. entered into a new $200 million senior secured term loan led by The Huntington National Bank, with borrowings maturing in 2029, secured by substantially all assets of the borrower and guarantor subsidiaries, and governed by customary covenants and capital and leverage tests.

May

6th

2026

14:44

Emerging Tech, Financial Results

Root refinances debt, authorizes $75m share buyback

COLUMBUS, Ohio - Root, Inc. (NASDAQ:ROOT) completed a $200 million debt refinancing on Sunday and received board authorization for a share repurchase program of up to $75 million, according to a press release statement. The company closed a senior secured term loan led by The Huntington National Bank on May 4, 2026, with a maturity date of May 4, 2029.

Investing India

May

5th

2026

20:15

Emerging Tech, Financial Results, B2B Tag

Root Inc (NASDAQ:ROOT) Stock Jumps 7.4% After Q1 EPS Crushes Estimates Despite Revenue Miss

Root, Inc. (NASDAQ:ROOT) reported its first quarter 2026 financial results after the market close on Wednesday, May 6, sending shares sharply higher in after-hours trading. The stock surged approximately 7.4% following the release, a notable move that came despite a headline miss on revenue estimates.

May

5th

2026

18:30

Financial Results

Root Inc. Announces (8-K) Filing Statement Date of Report (Date of earliest event reported): May 4, 2026

On May 4, 2026, Root, Inc. (the “Company”) entered into that certain Credit Agreement (the “Credit Agreement”), by and among the Company, Caret Holdings, Inc., as borrower (the “Borrower”), the lenders from time to time party thereto and The Huntington National Bank, as the administrative agent.

U.S. Securities and Exchange Commission

May

5th

2026

18:30

Root Inc - enters credit agreement on May 4, 2026 - SEC filing

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