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Side-by-side financial comparison of Root, Inc. (ROOT) and Varex Imaging Corp (VREX). Click either name above to swap in a different company.

Root, Inc. is the larger business by last-quarter revenue ($397.0M vs $209.6M, roughly 1.9× Varex Imaging Corp). On growth, Root, Inc. posted the faster year-over-year revenue change (21.5% vs 4.9%). Over the past eight quarters, Root, Inc.'s revenue compounded faster (24.8% CAGR vs 0.8%).

Root Insurance Company is an online car insurance company operating in the United States.

Varex Imaging Corp is a global supplier of advanced imaging components and solutions, including X-ray tubes, digital flat panel detectors, and image processing software. Its products serve medical imaging, radiation oncology, and industrial non-destructive testing segments, with customers across key global markets.

ROOT vs VREX — Head-to-Head

Bigger by revenue
ROOT
ROOT
1.9× larger
ROOT
$397.0M
$209.6M
VREX
Growing faster (revenue YoY)
ROOT
ROOT
+16.6% gap
ROOT
21.5%
4.9%
VREX
Faster 2-yr revenue CAGR
ROOT
ROOT
Annualised
ROOT
24.8%
0.8%
VREX

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ROOT
ROOT
VREX
VREX
Revenue
$397.0M
$209.6M
Net Profit
$2.3M
Gross Margin
33.3%
Operating Margin
2.6%
7.3%
Net Margin
1.1%
Revenue YoY
21.5%
4.9%
Net Profit YoY
866.7%
EPS (diluted)
$0.35
$0.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ROOT
ROOT
VREX
VREX
Q1 26
$209.6M
Q4 25
$397.0M
$228.9M
Q3 25
$387.8M
$203.0M
Q2 25
$382.9M
$212.9M
Q1 25
$349.4M
$199.8M
Q4 24
$326.7M
Q3 24
$305.7M
$205.7M
Q2 24
$289.2M
$209.1M
Net Profit
ROOT
ROOT
VREX
VREX
Q1 26
$2.3M
Q4 25
$12.2M
Q3 25
$-5.4M
$-89.1M
Q2 25
$22.0M
$6.9M
Q1 25
$18.4M
$-300.0K
Q4 24
Q3 24
$22.8M
$-51.1M
Q2 24
$-7.8M
$1.4M
Gross Margin
ROOT
ROOT
VREX
VREX
Q1 26
33.3%
Q4 25
34.0%
Q3 25
33.3%
Q2 25
36.0%
Q1 25
34.3%
Q4 24
Q3 24
32.6%
Q2 24
32.0%
Operating Margin
ROOT
ROOT
VREX
VREX
Q1 26
7.3%
Q4 25
2.6%
8.6%
Q3 25
0.1%
-39.8%
Q2 25
7.1%
10.4%
Q1 25
6.8%
5.6%
Q4 24
10.7%
Q3 24
11.3%
5.3%
Q2 24
1.3%
4.4%
Net Margin
ROOT
ROOT
VREX
VREX
Q1 26
1.1%
Q4 25
5.3%
Q3 25
-1.4%
-43.9%
Q2 25
5.7%
3.2%
Q1 25
5.3%
-0.2%
Q4 24
Q3 24
7.5%
-24.8%
Q2 24
-2.7%
0.7%
EPS (diluted)
ROOT
ROOT
VREX
VREX
Q1 26
$0.05
Q4 25
$0.35
$0.29
Q3 25
$-0.35
$-2.15
Q2 25
$1.29
$0.17
Q1 25
$1.07
$-0.01
Q4 24
$1.42
Q3 24
$1.35
$-1.25
Q2 24
$-0.52
$0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ROOT
ROOT
VREX
VREX
Cash + ST InvestmentsLiquidity on hand
$669.3M
$125.6M
Total DebtLower is stronger
$200.3M
$367.6M
Stockholders' EquityBook value
$284.3M
$476.9M
Total Assets
$1.7B
$1.1B
Debt / EquityLower = less leverage
0.70×
0.77×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ROOT
ROOT
VREX
VREX
Q1 26
$125.6M
Q4 25
$669.3M
$155.1M
Q3 25
$653.3M
$152.6M
Q2 25
$641.4M
$223.0M
Q1 25
$609.4M
$212.6M
Q4 24
$599.3M
Q3 24
$674.8M
$200.5M
Q2 24
$667.2M
$190.0M
Total Debt
ROOT
ROOT
VREX
VREX
Q1 26
$367.6M
Q4 25
$200.3M
$367.5M
Q3 25
$200.4M
$367.5M
Q2 25
$200.1M
$567.2M
Q1 25
$200.0M
$567.0M
Q4 24
$200.1M
Q3 24
$300.9M
$443.4M
Q2 24
$300.1M
$443.1M
Stockholders' Equity
ROOT
ROOT
VREX
VREX
Q1 26
$476.9M
Q4 25
$284.3M
$472.6M
Q3 25
$265.0M
$455.3M
Q2 25
$244.5M
$549.7M
Q1 25
$228.7M
$540.2M
Q4 24
$203.7M
Q3 24
$181.9M
$529.1M
Q2 24
$151.3M
$581.2M
Total Assets
ROOT
ROOT
VREX
VREX
Q1 26
$1.1B
Q4 25
$1.7B
$1.1B
Q3 25
$1.6B
$1.1B
Q2 25
$1.6B
$1.4B
Q1 25
$1.6B
$1.3B
Q4 24
$1.5B
Q3 24
$1.6B
$1.2B
Q2 24
$1.5B
$1.3B
Debt / Equity
ROOT
ROOT
VREX
VREX
Q1 26
0.77×
Q4 25
0.70×
0.78×
Q3 25
0.76×
0.81×
Q2 25
0.82×
1.03×
Q1 25
0.87×
1.05×
Q4 24
0.98×
Q3 24
1.65×
0.84×
Q2 24
1.98×
0.76×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ROOT
ROOT
VREX
VREX
Operating Cash FlowLast quarter
$206.5M
$-16.1M
Free Cash FlowOCF − Capex
$-26.8M
FCF MarginFCF / Revenue
-12.8%
Capex IntensityCapex / Revenue
0.0%
5.1%
Cash ConversionOCF / Net Profit
-7.00×
TTM Free Cash FlowTrailing 4 quarters
$-13.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ROOT
ROOT
VREX
VREX
Q1 26
$-16.1M
Q4 25
$206.5M
$7.9M
Q3 25
$57.6M
$7.7M
Q2 25
$52.0M
$16.6M
Q1 25
$26.8M
$9.5M
Q4 24
$195.7M
Q3 24
$49.4M
$25.9M
Q2 24
$62.6M
$8.0M
Free Cash Flow
ROOT
ROOT
VREX
VREX
Q1 26
$-26.8M
Q4 25
$2.3M
Q3 25
$1.4M
Q2 25
$9.8M
Q1 25
$5.3M
Q4 24
$195.3M
Q3 24
$19.9M
Q2 24
$62.4M
$3.3M
FCF Margin
ROOT
ROOT
VREX
VREX
Q1 26
-12.8%
Q4 25
1.0%
Q3 25
0.7%
Q2 25
4.6%
Q1 25
2.7%
Q4 24
59.8%
Q3 24
9.7%
Q2 24
21.6%
1.6%
Capex Intensity
ROOT
ROOT
VREX
VREX
Q1 26
5.1%
Q4 25
0.0%
2.4%
Q3 25
0.0%
3.1%
Q2 25
0.0%
3.2%
Q1 25
0.0%
2.1%
Q4 24
0.1%
Q3 24
0.0%
2.9%
Q2 24
0.1%
2.2%
Cash Conversion
ROOT
ROOT
VREX
VREX
Q1 26
-7.00×
Q4 25
0.65×
Q3 25
Q2 25
2.36×
2.41×
Q1 25
1.46×
Q4 24
Q3 24
2.17×
Q2 24
5.71×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ROOT
ROOT

Segment breakdown not available.

VREX
VREX

Medical Segment$144.8M69%
Industrial Segment$64.8M31%

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