ROKU · Roku, Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.25B | - | $1.21B | $1.11B | $1.02B | - | $1.06B | $968.18M | $881.47M | - |
| Cost of Revenue | $683.94M | - | $685.74M | $613.38M | $575.63M | - | $582.13M | $543.48M | $493.18M | - |
| Gross Profit | $564.94M | - | $524.90M | $497.66M | $445.05M | - | $480.07M | $424.70M | $388.29M | - |
| R&D | $189.49M | - | $182.24M | $178.02M | $184.58M | - | $178.80M | $175.48M | $180.46M | - |
| SG&A | $102.45M | - | $91.12M | $99.72M | $94.50M | - | $99.99M | $98.81M | $77.74M | - |
| Total Operating Expenses | $513.16M | - | $515.43M | $520.99M | $502.77M | - | $515.84M | $495.94M | $460.33M | - |
| D&A | $13.90M | - | $11.50M | $11.40M | $11.70M | - | $11.80M | $12.30M | $12.80M | - |
| Operating Income | $51.77M | - | $9.47M | ($23.33M) | ($57.73M) | - | ($35.76M) | ($71.24M) | ($72.04M) | - |
| Interest Expense | $624.0K | - | $0 | $460.0K | $10.0K | - | - | - | - | - |
| Income Tax | $2.94M | - | $13.22M | ($5.83M) | ($13.08M) | - | $4.15M | ($9.16M) | $4.76M | - |
| Net Income | $85.70M | - | $24.81M | $10.50M | ($27.43M) | - | ($9.03M) | ($33.95M) | ($50.85M) | - |
| EPS - Basic | $0.58 | - | $0.17 | $0.07 | ($0.19) | - | ($0.06) | ($0.24) | ($0.35) | - |
| EPS - Diluted | $0.57 | - | $0.16 | $0.07 | ($0.19) | - | ($0.06) | ($0.24) | ($0.35) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.65B | $1.59B | $1.58B | $2.25B | $2.26B | $2.16B | $2.13B | $2.06B | $2.06B | $2.03B |
| Accounts Receivable | $752.59M | $879.87M | $745.40M | $628.48M | $650.19M | $812.51M | $729.91M | $669.14M | $716.73M | $816.34M |
| Inventory | $101.29M | $114.64M | $140.68M | $112.69M | $135.30M | $158.27M | $191.21M | $96.35M | $94.53M | $92.13M |
| Accounts Payable | $123.09M | $158.64M | $159.46M | $165.96M | $194.58M | $273.99M | $327.04M | $276.12M | $385.66M | $385.33M |
| Current Assets | $3.37B | $3.40B | $3.33B | $3.16B | $3.15B | $3.23B | $3.19B | $2.98B | $3.00B | $3.07B |
| Total Assets | $4.35B | $4.43B | $4.40B | $4.28B | $4.18B | $4.30B | $4.30B | $4.10B | $4.15B | $4.26B |
| Current Liabilities | $1.16B | $1.24B | $1.22B | $1.11B | $1.10B | $1.23B | $1.24B | $1.10B | $1.16B | $1.28B |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $1.68B | $1.78B | $1.77B | $1.69B | $1.65B | $1.81B | $1.84B | $1.71B | $1.80B | $1.94B |
| Stockholders' Equity | $2.67B | $2.66B | $2.63B | $2.59B | $2.53B | $2.49B | $2.46B | $2.39B | $2.36B | $2.33B |
| Retained Earnings | ($1.50B) | ($1.49B) | ($1.47B) | ($1.44B) | ($1.45B) | ($1.43B) | ($1.39B) | ($1.38B) | ($1.35B) | ($1.30B) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $199.14M | - | - | - | $138.73M | - | - | - | $46.68M | - |
| Investing Cash Flow | $15.27M | - | - | - | ($8.93M) | - | - | - | ($672.0K) | - |
| Financing Cash Flow | ($149.73M) | - | - | - | ($36.07M) | - | - | - | ($13.94M) | - |
| CapEx | $3.13M | - | - | - | $1.93M | - | - | - | $672.0K | - |
| Free Cash Flow | $196.01M | - | - | - | $136.80M | - | - | - | $46.01M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 45.2% | - | 43.4% | 44.8% | 43.6% | - | 45.2% | 43.9% | 44.1% | - |
| Operating margin | 4.1% | - | 0.8% | -2.1% | -5.7% | - | -3.4% | -7.4% | -8.2% | - |
| EBITDA margin | 5.3% | - | 1.7% | -1.1% | -4.5% | - | -2.3% | -6.1% | -6.7% | - |
| Net margin | 6.9% | - | 2.0% | 0.9% | -2.7% | - | -0.9% | -3.5% | -5.8% | - |
| Free cash flow margin | 15.7% | - | - | - | 13.4% | - | - | - | 5.2% | - |
| FCF / Net income | 2.29 | - | - | - | -4.99 | - | - | - | -0.90 | - |
| R&D / Revenue | 15.2% | - | 15.1% | 16.0% | 18.1% | - | 16.8% | 18.1% | 20.5% | - |
| SG&A / Revenue | 8.2% | - | 7.5% | 9.0% | 9.3% | - | 9.4% | 10.2% | 8.8% | - |
| Effective tax rate | 3.3% | - | 34.8% | -124.8% | - | - | - | - | - | - |
| Return on assets | 2.0% | - | 0.6% | 0.2% | -0.7% | - | -0.2% | -0.8% | -1.2% | - |
| Return on equity | 3.2% | - | 0.9% | 0.4% | -1.1% | - | -0.4% | -1.4% | -2.2% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.91 | 2.75 | 2.74 | 2.85 | 2.86 | 2.62 | 2.57 | 2.72 | 2.58 | 2.41 |
| Quick ratio | 2.82 | 2.66 | 2.62 | 2.75 | 2.74 | 2.50 | 2.41 | 2.63 | 2.50 | 2.34 |
| Cash ratio | 1.42 | 1.28 | 1.30 | 2.03 | 2.05 | 1.75 | 1.71 | 1.88 | 1.77 | 1.59 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 83.0x | - | - | -50.7x | -5773.0x | - | - | - | - | - |
| Equity multiplier | 1.63 | 1.67 | 1.68 | 1.65 | 1.65 | 1.73 | 1.75 | 1.72 | 1.76 | 1.83 |
| Liabilities / Assets | 0.39 | 0.40 | 0.40 | 0.40 | 0.40 | 0.42 | 0.43 | 0.42 | 0.43 | 0.45 |
| Efficiency | ||||||||||
| Asset turnover | 0.29 | - | 0.28 | 0.26 | 0.24 | - | 0.25 | 0.24 | 0.21 | - |
| Inventory turnover | 6.75 | - | 4.87 | 5.44 | 4.25 | - | 3.04 | 5.64 | 5.22 | - |
| Days sales outstanding | 220d | - | 225d | 206d | 233d | - | 251d | 252d | 297d | - |
| Days inventory outstanding | 54d | - | 75d | 67d | 86d | - | 120d | 65d | 70d | - |
| Days payable outstanding | 66d | - | 85d | 99d | 123d | - | 205d | 185d | 285d | - |
| Cash conversion cycle | 208d | - | 215d | 175d | 195d | - | 166d | 132d | 81d | - |
| Valuation | ||||||||||
| P / E | 166.0x | - | 625.8x | 1255.6x | - | - | - | - | - | - |
| P / B | 5.3x | - | 5.8x | 5.1x | 4.1x | - | 4.4x | 3.6x | 4.0x | - |
| P / S | 11.4x | - | 12.5x | 11.8x | 10.1x | - | 10.2x | 8.9x | 10.6x | - |
| EV / EBITDA | 192.5x | - | 648.8x | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 22.4% | - | 14.0% | 14.8% | 15.8% | - | 16.5% | 14.3% | 19.0% | - |
| Revenue CAGR (3y) | 19.0% | - | 16.7% | 13.3% | 11.6% | - | 16.0% | 14.5% | 15.4% | - |
| Revenue CAGR (5y) | 16.8% | - | 21.8% | 25.6% | 26.0% | - | 32.4% | 31.1% | 33.7% | - |
| Gross profit growth (YoY) | 26.9% | - | 9.3% | 17.2% | 14.6% | - | 30.2% | 12.3% | 15.0% | - |
| Operating income growth (YoY) | - | - | - | 67.2% | 19.9% | - | 89.8% | 43.4% | 66.1% | - |
| Net income growth (YoY) | - | - | - | - | 46.1% | - | 97.3% | 68.4% | 73.7% | - |
| EPS growth (YoY) | - | - | - | - | 45.7% | - | 97.4% | 68.4% | 74.6% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | 1.1% | - | 12.2% | - | - | - | - | - | - | - |
| FCF growth (YoY) | 43.3% | - | - | - | 197.3% | - | - | - | - | - |
| FCF CAGR (5y) | 16.3% | - | - | - | 193.9% | - | - | - | - | - |
| Book value growth (YoY) | 5.8% | 6.6% | 6.7% | 8.4% | 7.2% | 7.2% | 6.6% | -5.6% | -7.6% | -12.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$4.74B totalService$4.14B · 87.5%
Product$592.37M · 12.5%
Peer comparison
Same SIC group: Cable & Other Pay Television Services
Comparing ROKU against the 5 most active filers in the same SIC group.