NASDAQ : ROKU
Roku, Inc. — Financial statements
Communication Services · Entertainment · United States
Last price 155.12 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 23.02B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Roku, Inc. (ROKU) reported revenue of 5.21B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 5.21B | 4.74B | 4.11B | 3.48B | 3.13B | 2.76B |
| Cost of Revenue | 2.84B | 2.66B | 2.31B | 1.89B | 1.69B | 1.36B |
| Gross Profit | 2.37B | 2.07B | 1.81B | 1.59B | 1.44B | 1.41B |
| Selling, General & Admin | 1.34B | 1.34B | 1.27B | 1.26B | 1.16B | 711.90M |
| Research & Development | 733.73M | 727.15M | 720.28M | 767.98M | 769.32M | 461.60M |
| Operating Expenses | 2.07B | 2.07B | 1.99B | 2.03B | 1.93B | 1.17B |
| Operating Income | 301.07M | 3.34M | -187.17M | -436.28M | -492.75M | 235.10M |
| Interest Expense | -2.11M | -1.91M | -411.00K | -730.00K | -5.16M | -2.98M |
| Currency Exchange Gain (Loss) | -1.10M | -1.10M | -6.40M | -1.50M | 8.20M | -1.20M |
| Other Non Operating Income (Expenses) | 111.56M | 99.59M | 103.61M | 90.83M | 36.10M | 5.67M |
| EBT Excluding Unusual Items | 409.42M | 99.92M | -90.37M | -347.68M | -453.61M | 236.59M |
| Merger & Restructuring Charges | -25.38M | -6.66M | -31.00M | -356.09M | -38.14M | |
| Gain (Loss) on Sale of Investments | 6.04M | 2.94M | 1.41M | 4.35M | -532.00K | |
| Other Unusual Items | -2.30M | -2.30M | ||||
| Pretax Income | 387.77M | 93.90M | -119.96M | -699.43M | -492.28M | 236.59M |
| Income Tax Expense | 32.57M | 5.54M | 9.43M | 10.13M | 5.72M | -5.80M |
| Net Income | 355.20M | 88.36M | -129.39M | -709.56M | -498.00M | 242.38M |
| Net Income to Common | 355.20M | 88.36M | -129.39M | -709.56M | -498.00M | 242.38M |
| Shares Outstanding (Basic) | 147.75M | 147.15M | 144.63M | 141.57M | 137.67M | 132.71M |
| Shares Outstanding (Diluted) | 153.37M | 150.91M | 144.63M | 141.57M | 137.67M | 141.67M |
| EPS (Basic) | 2.40 | 0.60 | -0.89 | -5.01 | -3.62 | 1.83 |
| EPS (Diluted) | 2.32 | 0.59 | -0.89 | -5.01 | -3.62 | 1.71 |
| Free Cash Flow | 709.91M | 478.44M | 212.98M | 173.24M | -149.90M | 188.04M |
| Free Cash Flow Per Share | 4.63 | 3.17 | 1.47 | 1.22 | -1.09 | 1.33 |
| Gross Margin | 45.50% | 43.79% | 43.90% | 45.71% | 46.09% | 50.95% |
| Operating Margin | 5.78% | 0.07% | -4.55% | -12.52% | -15.76% | 8.50% |
| Profit Margin | 6.82% | 1.86% | -3.15% | -20.36% | -15.93% | 8.77% |
| Free Cash Flow Margin | 13.63% | 10.10% | 5.18% | 4.97% | -4.79% | 6.80% |
| EBITDA | 579.00M | 281.77M | 81.89M | -157.98M | -209.74M | 372.29M |
| EBITDA Margin | 11.12% | 5.95% | 1.99% | -4.53% | -6.71% | 13.47% |
| D&A For EBITDA | 277.93M | 278.43M | 269.05M | 278.30M | 283.01M | 137.19M |
| EBIT | 301.07M | 3.34M | -187.17M | -436.28M | -492.75M | 235.10M |
| EBIT Margin | 5.78% | 0.07% | -4.55% | -12.52% | -15.76% | 8.50% |
| Effective Tax Rate | 8.40% | 5.90% | ||||
| Revenue as Reported | 5.21B | 4.74B | 4.11B | 3.48B | 3.13B | 2.76B |
| Advertising Expenses | 28.80M | 9.70M | 3.70M | 10.00M | 35.20M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.00B | 1.59B | 2.16B | 2.03B | 1.96B | 2.15B |
| Short-Term Investments | 555.39M | 730.21M | ||||
| Cash & Short-Term Investments | 2.56B | 2.32B | 2.16B | 2.03B | 1.96B | 2.15B |
| Receivables | 781.33M | 880.87M | 814.20M | 834.30M | 803.41M | 799.35M |
| Inventory | 116.42M | 114.64M | 158.27M | 92.13M | 106.75M | 50.28M |
| Prepaid Expenses | 144.41M | 86.66M | 88.70M | 101.78M | 92.77M | 58.84M |
| Restricted Cash | 403.00K | |||||
| Other Current Assets | 6.99M | 2.06M | 12.35M | 18.84M | ||
| Total Current Assets | 3.61B | 3.40B | 3.23B | 3.07B | 2.96B | 3.05B |
| Property, Plant & Equipment | 392.57M | 433.92M | 518.20M | 636.00M | 856.73M | 523.23M |
| Long-Term Investments | 20.00M | 20.00M | 55.23M | |||
| Goodwill | 309.41M | 309.41M | 161.52M | 161.52M | 161.52M | 161.52M |
| Other Intangible Assets | 194.09M | 218.12M | 264.82M | 299.15M | 351.65M | 307.84M |
| Other Long-Term Assets | 50.13M | 50.53M | 70.01M | 92.18M | 77.83M | 35.05M |
| Total Assets | 4.57B | 4.43B | 4.30B | 4.26B | 4.41B | 4.08B |
| Accounts Payable | 167.20M | 158.64M | 273.99M | 385.33M | 164.80M | 124.92M |
| Accrued Expenses | 780.51M | 731.45M | 670.24M | 665.62M | 607.40M | 441.48M |
| Current Portion of Long-Term Debt | 79.98M | 9.88M | ||||
| Current Portion of Leases | 87.71M | 87.42M | 79.22M | 68.10M | 54.69M | 37.12M |
| Current Unearned Revenue | 123.70M | 120.91M | 105.72M | 102.16M | 87.68M | 45.76M |
| Other Current Liabilities | 99.12M | 139.11M | 103.33M | 54.32M | 88.72M | 70.46M |
| Total Current Liabilities | 1.26B | 1.24B | 1.23B | 1.28B | 1.08B | 729.62M |
| Long-Term Debt | 79.98M | |||||
| Long-Term Leases | 386.41M | 435.90M | 512.71M | 586.17M | 584.65M | 394.72M |
| Long-Term Unearned Revenue | 25.40M | 28.85M | 25.05M | 24.57M | 28.21M | 28.73M |
| Other Long-Term Liabilities | 79.05M | 73.26M | 40.94M | 49.19M | 69.91M | 82.48M |
| Total Liabilities | 1.75B | 1.78B | 1.81B | 1.94B | 1.77B | 1.32B |
| Common Stock | 15.00K | 15.00K | 15.00K | 14.00K | 14.00K | 14.00K |
| Additional Paid-In Capital | 4.23B | 4.15B | 3.92B | 3.62B | 3.23B | 2.86B |
| Retained Earnings | -1.40B | -1.49B | -1.43B | -1.30B | -588.03M | -90.02M |
| Comprehensive Income & Other | -424.00K | 1.04M | -1.74M | 159.00K | -292.00K | 41.00K |
| Total Common Equity | 2.82B | 2.66B | 2.49B | 2.33B | 2.65B | 2.77B |
| Shareholders' Equity | 2.82B | 2.66B | 2.49B | 2.33B | 2.65B | 2.77B |
| Total Liabilities & Equity | 4.57B | 4.43B | 4.30B | 4.26B | 4.41B | 4.08B |
| Total Debt | 474.12M | 523.32M | 591.93M | 654.27M | 719.33M | 521.71M |
| Net Cash (Debt) | 2.08B | 1.79B | 1.57B | 1.37B | 1.24B | 1.62B |
| Net Cash Per Share | 13.58 | 11.89 | 10.84 | 9.69 | 9.03 | 11.47 |
| Filing Date Shares Outstanding | 148.42M | 147.43M | 145.94M | 143.52M | 140.11M | 135.30M |
| Total Common Shares Outstanding | 148.39M | 147.85M | 145.91M | 143.50M | 140.03M | 135.14M |
| Working Capital | 2.35B | 2.16B | 2.00B | 1.80B | 1.88B | 2.32B |
| Book Value Per Share | 19.03 | 17.98 | 17.08 | 16.21 | 18.90 | 20.47 |
| Tangible Book Value | 2.32B | 2.13B | 2.07B | 1.87B | 2.13B | 2.30B |
| Tangible Book Value Per Share | 15.63 | 14.41 | 14.16 | 13.00 | 15.24 | 17.00 |
| Machinery | 89.40M | 87.77M | 87.43M | 88.22M | 74.60M | 59.30M |
| Leasehold Improvements | 288.88M | 284.75M | 286.58M | 292.42M | 353.25M | 182.23M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 355.20M | 88.36M | -129.39M | -709.56M | -498.00M | 242.38M |
| Depreciation & Amortization | 327.23M | 326.90M | 316.43M | 335.88M | 338.51M | 168.22M |
| Other Amortization | 1.00M | |||||
| Asset Writedown & Restructuring Costs | 18.62M | 16.57M | 52.12M | 269.40M | 7.50M | |
| Loss (Gain) From Sale of Investments | -6.04M | -2.94M | -1.41M | -4.35M | 532.00K | |
| Stock-Based Compensation | 328.04M | 354.17M | 384.66M | 370.13M | 359.93M | 187.53M |
| Provision & Write-off of Bad Debts | 3.56M | 2.44M | 790.00K | 1.67M | 2.08M | -904.00K |
| Other Operating Activities | -6.74M | 4.91M | 3.60M | -53.00K | -8.42M | -101.00K |
| Change in Accounts Receivable | -152.27M | -63.46M | 1.89M | -56.94M | -10.89M | -221.77M |
| Change in Inventory | -3.73M | 43.63M | -66.14M | 14.72M | -56.47M | 3.62M |
| Change in Accounts Payable | 1.42M | -122.50M | -110.68M | 248.18M | 14.19M | 8.43M |
| Change in Unearned Revenue | -6.74M | -4.99M | 4.04M | 10.84M | 41.40M | -7.22M |
| Change in Other Net Operating Assets | -139.51M | -159.37M | -237.87M | -224.07M | -178.57M | -153.10M |
| Operating Cash Flow | 719.04M | 483.72M | 218.04M | 255.86M | 11.79M | 228.08M |
| Capital Expenditures | -9.13M | -5.28M | -5.06M | -82.62M | -161.70M | -40.04M |
| Cash Acquisitions | -95.09M | -136.78M | ||||
| Investment in Securities | -491.60M | -682.00M | -20.00M | -10.00M | -40.00M | |
| Investing Cash Flow | -500.73M | -782.37M | -25.06M | -92.62M | -201.70M | -176.82M |
| Long-Term Debt Repaid | -80.00M | -10.00M | -5.00M | |||
| Net Debt Issued (Repaid) | -80.00M | -10.00M | -5.00M | |||
| Issuance of Common Stock | 68.37M | 34.73M | 9.38M | 18.76M | 18.36M | 1.01B |
| Repurchase of Common Stock | -516.86M | -314.83M | -96.36M | |||
| Other Financing Activities | -15.45M | -2.23M | ||||
| Financing Cash Flow | -463.93M | -280.10M | -89.20M | -61.24M | 8.36M | 1.00B |
| Foreign Exchange Rate Adjustments | -5.83M | 5.18M | -9.75M | 2.65M | -4.17M | 12.00K |
| Net Cash Flow | -251.46M | -573.57M | 94.03M | 104.65M | -185.71M | 1.05B |
| Free Cash Flow | 709.91M | 478.44M | 212.98M | 173.24M | -149.90M | 188.04M |
| Free Cash Flow Margin | 13.63% | 10.10% | 5.18% | 4.97% | -4.79% | 6.80% |
| Free Cash Flow Per Share | 4.63 | 3.17 | 1.47 | 1.22 | -1.09 | 1.33 |
| Levered Free Cash Flow | 836.55M | 663.21M | 497.77M | 564.96M | 397.07M | 360.96M |
| Unlevered Free Cash Flow | 837.87M | 664.40M | 498.02M | 565.41M | 400.30M | 362.82M |
| Cash Interest Paid | 1.58M | 1.05M | 460.00K | 915.00K | 3.89M | 2.58M |
| Cash Income Tax Paid | 1.14M | 13.69M | 19.41M | 6.63M | 7.02M | 1.36M |
| Change in Working Capital | -300.83M | -306.69M | -408.76M | -7.27M | -190.34M | -370.05M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 23.02B | 16.03B | 10.79B | 13.06B | 5.67B | 30.66B |
| Enterprise Value | 20.94B | 14.23B | 9.28B | 11.72B | 4.35B | 29.00B |
| Last Close Price | 155.12 | 108.49 | 74.34 | 91.66 | 40.70 | 228.20 |
| PE Ratio | 66.73 | 181.41 | 126.50 | |||
| Forward PE | 49.48 | 124.50 | 96.09 | 96.09 | 96.09 | 216.69 |
| PS Ratio | 4.42 | 3.38 | 2.62 | 3.75 | 1.81 | 11.09 |
| PB Ratio | 8.15 | 6.03 | 4.33 | 5.61 | 2.14 | 11.08 |
| P/TBV Ratio | 9.92 | 7.52 | 5.22 | 7.00 | 2.66 | 13.35 |
| P/FCF Ratio | 32.43 | 33.50 | 50.68 | 75.39 | 163.06 | |
| P/OCF Ratio | 32.02 | 33.14 | 49.50 | 51.05 | 480.56 | 134.43 |
| EV/Sales Ratio | 4.02 | 3.00 | 2.26 | 3.36 | 1.39 | 10.49 |
| EV/EBITDA Ratio | 36.17 | 50.49 | 113.33 | 77.90 | ||
| EV/EBIT Ratio | 69.55 | 4,259.76 | 123.36 | |||
| EV/FCF Ratio | 29.50 | 29.74 | 43.57 | 67.66 | 154.23 | |
| Debt / Equity Ratio | 0.17 | 0.20 | 0.24 | 0.28 | 0.27 | 0.19 |
| Debt / EBITDA Ratio | 0.73 | 1.47 | 3.64 | 1.20 | ||
| Debt / FCF Ratio | 0.67 | 1.09 | 2.78 | 3.78 | 2.77 | |
| Net Debt / Equity Ratio | -0.74 | -0.68 | -0.63 | -0.59 | -0.47 | -0.59 |
| Net Debt / EBITDA Ratio | -3.60 | -6.37 | -19.15 | 8.68 | 5.92 | -4.36 |
| Net Debt / FCF Ratio | -2.93 | -3.75 | -7.36 | -7.92 | 8.29 | -8.64 |
| Asset Turnover | 1.18 | 1.08 | 0.96 | 0.80 | 0.74 | 0.87 |
| Inventory Turnover | 24.78 | 19.51 | 18.43 | 19.02 | 21.47 | 26.03 |
| Quick Ratio | 2.65 | 2.58 | 2.41 | 2.24 | 2.55 | 4.04 |
| Current Ratio | 2.87 | 2.75 | 2.62 | 2.41 | 2.74 | 4.19 |
| Return on Equity (ROE) | 13.12% | 3.43% | -5.37% | -28.54% | -18.40% | 11.84% |
| Return on Assets (ROA) | 4.25% | 0.05% | -2.73% | -6.29% | -7.25% | 4.63% |
| Return on Invested Capital (ROIC) | 35.99% | 0.35% | -19.92% | -36.99% | -38.70% | 25.90% |
| Return on Capital Employed (ROCE) | 9.10% | 0.10% | -6.10% | -14.60% | -14.80% | 7.00% |
| Earnings Yield | 1.50% | 0.55% | -1.20% | -5.43% | -8.79% | 0.79% |
| FCF Yield | 3.08% | 2.99% | 1.97% | 1.33% | -2.65% | 0.61% |
| Buyback Yield / Dilution | -5.13% | -4.34% | -2.16% | -2.84% | 2.82% | -14.27% |