Roku (ROKU) Financials

$125.14 +0.99 (+0.79%)

As of 12:33 PM Eastern

Annual Income Statements for Roku

This table shows Roku's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/26/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-41	-43	-64	-8.86	-60	-18	242	-498	-710	-129	88
Consolidated Net Income / (Loss)	-41	-43	-64	-8.86	-60	-18	242	-498	-710	-129	88
Net Income / (Loss) Continuing Operations	-41	-43	-64	-8.86	-60	-18	242	-498	-710	-129	88
Total Pre-Tax Income	-40	-43	-63	-9.33	-61	-18	237	-492	-699	-120	94
Total Operating Income	-38	-43	-20	-13	-65	-20	235	-531	-792	-218	-5.62
Total Gross Profit	90	121	200	332	495	808	1,409	1,441	1,523	1,806	2,074
Total Revenue	320	399	513	743	1,129	1,778	2,765	3,127	3,485	4,113	4,737
Total Cost of Revenue	230	278	313	410	634	970	1,356	1,685	1,962	2,307	2,663
Total Operating Expenses	127	164	219	345	560	828	1,174	1,972	2,315	2,024	2,080
Selling, General & Admin Expense	32	35	47	72	116	173	256	345	403	371	386
Marketing Expense	45	53	64	103	179	299	456	838	1,033	933	964
Research & Development Expense	50	76	108	171	265	356	462	789	878	720	729
Total Other Income / (Expense), net	-2.91	0.81	-44	3.96	4.14	1.80	1.49	39	93	98	100
Interest Expense	0.70	-0.15	3.95	0.35	2.37	3.43	2.98	5.16	0.73	0.41	1.91
Other Income / (Expense), net	-2.22	0.67	-40	4.31	6.51	5.23	4.47	44	94	99	101
Income Tax Expense	0.15	0.21	0.32	-0.48	-0.98	-0.95	-5.80	5.72	10	9.43	5.54
Basic Earnings per Share	($10.08)	($9.01)	($2.24)	($0.08)	($0.52)	($0.14)	$1.83	($3.62)	($5.01)	($0.89)	$0.60
Weighted Average Basic Shares Outstanding	4.03M	4.75M	28.31M	104.62M	115.22M	123.98M	132.71M	137.67M	141.57M	144.63M	147.15M
Diluted Earnings per Share	($10.08)	($9.01)	($2.24)	($0.08)	($0.52)	($0.14)	$1.71	($3.62)	($5.01)	($0.89)	$0.59
Weighted Average Diluted Shares Outstanding	4.03M	4.75M	28.31M	104.62M	115.22M	123.98M	141.67M	137.67M	141.57M	144.63M	150.91M
Weighted Average Basic & Diluted Shares Outstanding	4.03M	4.75M	28.31M	104.62M	115.22M	123.98M	135.30M	140.11M	143.52M	145.94M	147.43M

This table shows Roku's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	-330	-78	-51	-34	-9.03	-36	-27	11	25	80	86
Consolidated Net Income / (Loss)	-330	-78	-51	-34	-9.03	-36	-27	11	25	80	86
Net Income / (Loss) Continuing Operations	-330	-78	-51	-34	-9.03	-36	-27	11	25	80	86
Total Pre-Tax Income	-327	-77	-46	-43	-4.88	-26	-41	4.67	38	92	89
Total Operating Income	-350	-104	-72	-71	-36	-39	-58	-23	9.47	66	52
Total Gross Profit	369	438	388	425	480	513	445	498	525	607	565
Total Revenue	912	984	881	968	1,062	1,201	1,021	1,111	1,211	1,395	1,249
Total Cost of Revenue	543	547	493	543	582	688	576	613	686	788	684
Total Operating Expenses	719	542	460	496	516	552	503	521	515	541	513
Selling, General & Admin Expense	129	94	78	99	100	94	95	100	91	101	102
Marketing Expense	308	265	202	222	237	272	224	243	242	255	221
Research & Development Expense	282	184	180	175	179	185	185	178	182	185	189
Total Other Income / (Expense), net	23	28	26	28	31	13	17	28	29	26	37
Interest Expense	-	-	0.01	0.00	0.00	-	0.43	0.46	0.46	0.56	0.62
Other Income / (Expense), net	23	28	26	28	31	14	18	28	29	26	37
Income Tax Expense	3.18	1.75	4.77	-9.16	4.15	9.68	-13	-5.83	13	11	2.95
Basic Earnings per Share	($2.33)	($0.54)	($0.35)	($0.24)	($0.06)	($0.24)	($0.19)	$0.07	$0.17	$0.55	$0.58
Weighted Average Basic Shares Outstanding	141.88M	141.57M	143.75M	144.34M	144.86M	144.63M	146.20M	146.89M	147.47M	147.15M	147.51M
Diluted Earnings per Share	($2.33)	($0.54)	($0.35)	($0.24)	($0.06)	($0.24)	($0.19)	$0.07	$0.16	$0.55	$0.57
Weighted Average Diluted Shares Outstanding	141.88M	141.57M	143.75M	144.34M	144.86M	144.63M	146.20M	149.68M	151.58M	150.91M	151.02M
Weighted Average Basic & Diluted Shares Outstanding	142.50M	143.52M	144.16M	144.69M	145.20M	145.94M	146.66M	147.33M	147.75M	147.43M	147.58M

This table details how cash moves in and out of Roku's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/26/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	21	-41	143	-22	362	576	1,054	-182	102	104	-579
Net Cash From Operating Activities	-33	-32	37	14	14	148	228	12	256	218	484
Net Cash From Continuing Operating Activities	-33	-32	37	14	14	148	228	12	256	218	484
Net Income / (Loss) Continuing Operations	-41	-43	-64	-8.86	-60	-18	242	-498	-710	-129	88
Consolidated Net Income / (Loss)	-41	-43	-64	-8.86	-60	-18	242	-498	-710	-129	88
Depreciation Expense	2.56	5.30	5.34	8.39	16	36	43	49	70	63	69
Amortization Expense	-	-	-	0.00	25	51	127	290	265	277	272
Non-Cash Adjustments To Reconcile Net Income	9.82	13	55	39	86	138	187	362	638	420	358
Changes in Operating Assets and Liabilities, net	-4.36	-7.52	40	-24	-53	-60	-370	-191	-8.78	-412	-303
Net Cash From Investing Activities	-5.21	-8.57	-12	-60	-110	-81	-177	-202	-93	-25	-782
Net Cash From Continuing Investing Activities	-5.21	-8.57	-12	-60	-110	-81	-177	-202	-93	-25	-782
Purchase of Property, Plant & Equipment	-5.02	-8.60	-9.23	-18	-77	-82	-40	-162	-83	-5.06	-5.28
Acquisitions	-	-	-2.96	0.00	-76	0.00	-137	-	0.00	0.00	-95
Purchase of Investments	-	-	-	-54	-12	0.00	0.00	-40	-10	-20	-732
Other Investing Activities, net	-0.19	0.03	-0.08	0.00	0.00	1.06	-	-	0.00	0.00	50
Net Cash From Financing Activities	59	-0.16	118	25	458	509	1,003	8.36	-61	-89	-280
Net Cash From Continuing Financing Activities	59	-0.16	118	25	458	509	1,003	8.36	-61	-89	-280
Repayment of Debt	-2.58	-15	-40	0.00	0.00	-74	-5.00	-10	-80	-2.23	0.00
Repurchase of Common Equity	-0.07	-	-	-	-	-	-	-	0.00	0.00	-150
Issuance of Common Equity	-	0.44	1.77	25	359	514	1,008	18	19	9.38	35
Other Financing Activities, net	-0.28	-0.59	132	-0.50	-	-	-	0.00	0.00	-96	-165
Cash Interest Paid	0.27	0.24	1.15	0.49	3.10	3.47	2.58	3.89	0.92	0.46	1.06
Cash Income Taxes Paid	0.08	0.12	0.22	0.56	0.76	1.01	1.36	7.02	6.63	19	14

This table details how cash moves in and out of Roku's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	252	17	32	3.53	24	44	94	-8.97	-677	13	65
Net Cash From Operating Activities	246	16	47	23	69	79	139	110	128	108	199
Net Cash From Continuing Operating Activities	246	16	47	23	69	79	139	110	128	108	199
Net Income / (Loss) Continuing Operations	-330	-78	-51	-34	-9.03	-36	-27	11	25	80	86
Consolidated Net Income / (Loss)	-330	-78	-51	-34	-9.03	-36	-27	11	25	80	86
Depreciation Expense	19	17	16	16	15	15	15	17	19	17	18
Amortization Expense	67	65	60	72	63	82	60	65	65	82	58
Non-Cash Adjustments To Reconcile Net Income	322	124	96	87	138	112	106	100	86	84	83
Changes in Operating Assets and Liabilities, net	168	-112	-75	-117	-139	-94	-15	-83	-68	-156	-46
Net Cash From Investing Activities	-6.78	-3.52	-0.67	-0.88	-21	-2.46	-8.93	-86	-726	39	15
Net Cash From Continuing Investing Activities	-6.78	-3.52	-0.67	-0.88	-21	-2.46	-8.93	-86	-726	39	15
Purchase of Property, Plant & Equipment	-6.78	-3.52	-0.67	-0.88	-1.06	-2.46	-1.93	-1.12	-1.14	-1.09	-3.13
Purchase of Investments	-	-	0.00	-	-20	-	-7.00	-	-725	-	-350
Sale and/or Maturity of Investments	-	-	-	-	-	-	0.00	-	-	-	368
Net Cash From Financing Activities	13	4.06	-14	-19	-24	-32	-36	-32	-78	-133	-150
Net Cash From Continuing Financing Activities	13	4.06	-14	-19	-24	-32	-36	-32	-78	-133	-150
Repurchase of Common Equity	-	-	-	-	-	-	0.00	-	-	-100	-100
Issuance of Common Equity	13	4.06	8.26	0.42	0.30	0.40	2.44	0.51	15	16	1.79
Other Financing Activities, net	-	-	-22	-19	-22	-32	-39	-33	-44	-50	-52
Cash Interest Paid	0.02	0.03	0.03	0.03	0.05	0.35	0.03	0.32	0.35	0.36	0.52
Cash Income Taxes Paid	1.07	1.61	2.14	4.56	6.53	6.17	2.16	7.96	2.40	1.17	-1.04

This table presents Roku's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	179	372	465	1,470	2,271	4,082	4,413	4,262	4,304	4,433
Total Current Assets	165	345	433	926	1,698	3,055	2,965	3,073	3,234	3,402
Cash & Equivalents	35	177	156	515	1,093	2,146	1,962	2,026	2,160	1,587
Short-Term Investments	-	0.00	42	-	-	-	-	-	0.00	730
Accounts Receivable	79	121	183	333	524	752	761	816	813	880
Inventories, net	44	33	36	50	54	50	107	92	158	115
Prepaid Expenses	4.98	11	17	26	27	106	135	139	103	90
Plant, Property, & Equipment, net	9.53	15	25	103	155	178	335	265	214	174
Total Noncurrent Assets	4.33	12	6.80	441	418	850	1,113	924	856	858
Goodwill	-	1.38	1.38	74	73	162	162	162	162	309
Intangible Assets	-	2.03	1.48	77	62	84	59	42	28	50
Other Noncurrent Operating Assets	4.33	8.83	3.94	291	282	604	892	721	667	499
Total Liabilities & Shareholders' Equity	179	372	465	1,470	2,271	4,082	4,413	4,262	4,304	4,433
Total Liabilities	160	220	220	772	943	1,316	1,766	1,935	1,811	1,776
Total Current Liabilities	117	163	194	358	520	730	1,083	1,276	1,233	1,238
Accounts Payable	31	56	57	115	112	125	165	385	274	159
Accrued Expenses	46	72	92	198	348	549	751	788	853	958
Current Deferred Revenue	24	35	45	40	55	46	88	102	106	121
Total Noncurrent Liabilities	43	56	26	414	422	586	683	660	579	538
Noncurrent Deferred Revenue	29	49	20	15	21	29	28	25	25	29
Other Noncurrent Operating Liabilities	14	7.85	6.75	303	311	477	655	635	554	509
Commitments & Contingencies	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-194	152	245	698	1,328	2,767	2,647	2,326	2,493	2,658
Total Preferred & Common Equity	-194	152	245	698	1,328	2,767	2,647	2,326	2,493	2,658
Total Common Equity	-194	152	245	698	1,328	2,767	2,647	2,326	2,493	2,658
Common Stock	26	436	499	1,012	1,660	2,857	3,235	3,624	3,921	4,146
Retained Earnings	-220	-283	-254	-314	-332	-90	-588	-1,298	-1,427	-1,489
Accumulated Other Comprehensive Income / (Loss)	-	-	-0.02	0.03	0.03	0.04	-0.29	0.16	-1.74	1.04

This table presents Roku's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	4,392	4,055	4,157	4,191	4,152	4,104	4,303	4,180	4,282	4,397	4,353
Total Current Assets	2,971	2,595	2,701	2,971	2,996	2,977	3,186	3,147	3,158	3,329	3,371
Cash & Equivalents	2,019	1,630	1,755	2,003	2,056	2,058	2,127	2,256	2,253	1,575	1,650
Short-Term Investments	-	-	-	-	-	-	-	-	-	727	730
Accounts Receivable	719	703	708	720	717	669	730	650	628	745	753
Inventories, net	119	109	93	105	95	96	191	135	113	141	101
Prepaid Expenses	114	112	105	101	129	153	138	105	164	140	137
Plant, Property, & Equipment, net	272	360	358	279	251	240	223	204	194	183	162
Total Noncurrent Assets	1,149	1,101	1,098	941	904	887	894	829	930	886	820
Goodwill	162	162	162	162	162	162	162	162	309	309	309
Intangible Assets	71	54	50	46	38	35	31	24	64	57	46
Other Noncurrent Operating Assets	917	885	886	734	705	691	701	644	556	520	464
Total Liabilities & Shareholders' Equity	4,392	4,055	4,157	4,191	4,152	4,104	4,303	4,180	4,282	4,397	4,353
Total Liabilities	1,614	1,505	1,623	1,883	1,796	1,714	1,843	1,654	1,691	1,772	1,682
Total Current Liabilities	943	831	956	1,208	1,160	1,097	1,241	1,099	1,108	1,215	1,158
Accounts Payable	175	87	213	312	386	276	327	195	166	159	123
Accrued Expenses	626	646	638	797	672	724	820	789	819	934	911
Current Deferred Revenue	60	98	104	98	102	96	93	116	124	122	124
Total Noncurrent Liabilities	671	673	668	676	636	617	602	555	583	557	523
Noncurrent Deferred Revenue	26	25	23	23	23	23	23	25	25	28	27
Other Noncurrent Operating Liabilities	645	649	645	653	613	594	579	530	558	529	496
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,778	2,551	2,533	2,307	2,356	2,391	2,461	2,526	2,591	2,625	2,671
Total Preferred & Common Equity	2,778	2,551	2,533	2,307	2,356	2,391	2,461	2,526	2,591	2,625	2,671
Total Common Equity	2,778	2,551	2,533	2,307	2,356	2,391	2,461	2,526	2,591	2,625	2,671
Common Stock	3,130	3,332	3,422	3,527	3,704	3,774	3,852	3,981	4,033	4,093	4,174
Retained Earnings	-351	-782	-889	-1,219	-1,348	-1,382	-1,391	-1,454	-1,444	-1,469	-1,503
Accumulated Other Comprehensive Income / (Loss)	-1.07	0.04	0.07	-0.17	-0.18	-0.66	-0.05	-0.76	1.43	1.31	-0.49

This table displays calculated financial ratios and metrics derived from Roku's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/26/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	24.63%	28.63%	44.80%	52.04%	57.53%	55.45%	13.09%	11.45%	18.03%	15.18%
EBITDA Growth	0.00%	-0.48%	-44.17%	98.89%	-2,850.17%	509.94%	465.23%	-136.35%	-144.15%	160.60%	98.48%
EBIT Growth	0.00%	-7.36%	-38.77%	84.83%	-551.53%	74.35%	1,694.99%	-303.33%	-43.43%	82.89%	180.14%
NOPAT Growth	0.00%	-15.47%	54.76%	32.22%	-389.31%	68.87%	1,798.95%	-254.29%	-49.26%	72.47%	96.53%
Net Income Growth	0.00%	-5.29%	-48.53%	86.05%	-576.72%	70.79%	1,484.50%	-305.46%	-42.48%	81.77%	168.29%
EPS Growth	0.00%	10.62%	75.14%	96.43%	-550.00%	73.08%	1,321.43%	-311.70%	-38.40%	82.24%	166.29%
Operating Cash Flow Growth	0.00%	0.43%	214.88%	-62.67%	-1.54%	981.14%	53.91%	-94.83%	2,069.19%	-14.78%	121.84%
Free Cash Flow Firm Growth	0.00%	0.00%	136.60%	-836.09%	-243.89%	77.29%	-120.17%	-204.94%	78.74%	-104.13%	92.72%
Invested Capital Growth	0.00%	0.00%	-12,021.84%	287.98%	497.99%	17.54%	115.32%	7.62%	-60.71%	10.67%	2.46%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	13.35%	13.64%	15.50%	8.45%	0.06%	3.49%	5.56%	4.27%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	-148.19%	-81.28%	327.78%	-5.24%	-305.94%	28.42%	42.30%	37.82%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	-48.89%	-60.08%	84.60%	-15.51%	-114.15%	18.61%	29.91%	536.80%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	-43.14%	-54.21%	80.30%	-15.28%	-104.48%	15.53%	22.97%	93.17%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	-1.87%	-60.08%	82.59%	-15.25%	-110.02%	18.30%	24.83%	419.41%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-100.70%	-67.74%	83.33%	-18.96%	-110.47%	19.19%	25.21%	395.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	220.41%	535.47%	-71.15%	63.63%	-24.11%	156.21%	3.63%	40.60%	6.23%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-344.77%	75.67%	-199.81%	0.64%	-15.68%	31.17%	79.82%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	11.37%	272.21%	24.93%	19.41%	-9.17%	14.09%	-0.31%	5.56%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	28.07%	30.36%	38.97%	44.73%	43.87%	45.45%	50.95%	46.09%	43.70%	43.90%	43.79%
EBITDA Margin	-11.63%	-9.38%	-10.51%	-0.08%	-1.56%	4.07%	14.79%	-4.75%	-10.41%	5.35%	9.21%
Operating Margin	-11.74%	-10.88%	-3.83%	-1.79%	-5.76%	-1.14%	8.50%	-16.98%	-22.74%	-5.30%	-0.12%
EBIT Margin	-12.43%	-10.71%	-11.55%	-1.21%	-5.19%	-0.84%	8.67%	-15.58%	-20.05%	-2.91%	2.02%
Profit (Net Income) Margin	-12.70%	-10.73%	-12.39%	-1.19%	-5.31%	-0.98%	8.77%	-15.93%	-20.36%	-3.15%	1.87%
Tax Burden Percent	100.36%	100.50%	100.50%	94.90%	98.39%	94.88%	102.45%	101.16%	101.45%	107.86%	94.10%
Interest Burden Percent	101.75%	99.66%	106.67%	103.85%	104.04%	122.85%	98.76%	101.06%	100.10%	100.34%	98.01%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-2.45%	0.00%	0.00%	0.00%	5.90%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	-84.73%	-27.80%	-4.64%	46.30%	-50.39%	-104.16%	-48.26%	-1.57%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	-84.97%	-23.12%	-4.17%	46.20%	-43.97%	-96.23%	-49.37%	-5.76%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	80.26%	15.09%	2.92%	-34.46%	31.99%	75.62%	42.89%	5.00%
Return on Equity (ROE)	0.00%	-220.90%	-74.00%	-4.46%	-12.71%	-1.73%	11.84%	-18.40%	-28.54%	-5.37%	3.43%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	-173.02%	-170.49%	-20.77%	-26.84%	-57.73%	-17.00%	-58.39%	-4.00%
Operating Return on Assets (OROA)	0.00%	-23.84%	-21.51%	-2.15%	-6.05%	-0.80%	7.54%	-11.47%	-16.11%	-2.79%	2.19%
Return on Assets (ROA)	0.00%	-23.88%	-23.05%	-2.12%	-6.19%	-0.94%	7.63%	-11.73%	-16.36%	-3.02%	2.02%
Return on Common Equity (ROCE)	0.00%	2,212.04%	17.91%	-4.46%	-12.71%	-1.73%	11.84%	-18.40%	-28.54%	-5.37%	3.43%
Return on Equity Simple (ROE_SIMPLE)	0.00%	22.06%	-41.71%	-3.62%	-8.58%	-1.32%	8.76%	-18.82%	-30.50%	-5.19%	0.00%
Net Operating Profit after Tax (NOPAT)	-26	-30	-14	-9.31	-46	-14	241	-372	-555	-153	-5.29
NOPAT Margin	-8.22%	-7.61%	-2.68%	-1.25%	-4.03%	-0.80%	8.71%	-11.89%	-15.92%	-3.71%	-0.11%
Net Nonoperating Expense Percent (NNEP)	0.00%	-126.83%	-50.58%	0.24%	-4.68%	-0.47%	0.10%	-6.42%	-7.93%	1.11%	4.18%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-13.63%	-23.84%	-6.13%	-0.20%
Cost of Revenue to Revenue	71.93%	69.64%	61.03%	55.27%	56.13%	54.55%	49.05%	53.91%	56.30%	56.10%	56.21%
SG&A Expenses to Revenue	9.91%	8.87%	9.25%	9.69%	10.31%	9.74%	9.27%	11.02%	11.57%	9.02%	8.15%
R&D to Revenue	15.78%	19.11%	21.05%	22.99%	23.47%	20.01%	16.70%	25.23%	25.21%	17.51%	15.40%
Operating Expenses to Revenue	39.81%	41.24%	42.80%	46.52%	49.63%	46.59%	42.45%	63.07%	66.43%	49.21%	43.91%
Earnings before Interest and Taxes (EBIT)	-40	-43	-59	-8.99	-59	-15	240	-487	-699	-120	96
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-37	-37	-54	-0.60	-18	72	409	-149	-363	220	436
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	33.26	13.67	22.53	31.73	11.08	2.14	5.61	4.33	6.03
Price to Tangible Book Value (P/TBV)	0.00	0.00	34.03	13.83	28.73	35.33	12.16	2.34	6.15	4.69	6.97
Price to Revenue (P/Rev)	0.00	0.00	9.88	4.50	13.94	23.70	11.09	1.81	3.75	2.62	3.38
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	126.50	0.00	0.00	0.00	181.41
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.79%	0.00%	0.00%	0.00%	0.55%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	67.04	54.57	124.71	40.26	4.95	36.73	25.97	40.25
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	9.53	4.24	13.57	23.14	10.35	1.21	3.17	2.10	2.89
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	568.93	69.98	0.00	0.00	39.27	31.42
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	119.40	0.00	0.00	0.00	143.13
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	118.76	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	131.08	226.05	1,117.50	277.65	125.42	321.01	43.13	39.60	28.35
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	443.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.78	0.00	0.00	0.14	0.07	0.03	0.03	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.14	0.07	0.03	0.00	0.00	0.00	0.00
Financial Leverage	0.00	-1.01	-1.15	-0.94	-0.65	-0.70	-0.75	-0.73	-0.79	-0.87	-0.87
Leverage Ratio	0.00	9.25	3.21	2.11	2.05	1.85	1.55	1.57	1.74	1.78	1.70
Compound Leverage Factor	0.00	9.22	3.42	2.19	2.14	2.27	1.53	1.59	1.75	1.78	1.66
Debt to Total Capital	0.00%	43.66%	0.00%	0.00%	12.48%	6.66%	3.15%	2.93%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	43.66%	0.00%	0.00%	0.61%	0.34%	0.35%	2.93%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	11.87%	6.32%	2.80%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	620.50%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	-564.16%	100.00%	100.00%	87.52%	93.34%	96.85%	97.07%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	-0.40	0.00	0.00	-5.65	1.31	0.22	-0.54	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.52	0.00	0.00	23.68	-13.80	-5.03	12.66	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	-5.37	1.24	0.20	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	-0.49	0.00	0.00	-2.19	-6.68	0.37	-0.22	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.64	0.00	0.00	9.17	70.40	-8.54	5.06	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	-2.08	-6.34	0.33	0.00	0.00	0.00	0.00
Altman Z-Score	0.00	0.00	14.21	10.49	13.03	28.01	15.51	2.60	4.41	4.53	6.67
Noncontrolling Interest Sharing Ratio	0.00%	1,101.36%	124.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	1.42	2.11	2.23	2.58	3.26	4.19	2.74	2.41	2.62	2.75
Quick Ratio	0.00	0.98	1.82	1.96	2.37	3.11	3.97	2.51	2.23	2.41	2.58
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-30	11	-81	-279	-63	-140	-426	-91	-185	-13
Operating Cash Flow to CapEx	-649.61%	-377.65%	404.07%	75.96%	17.76%	179.88%	569.62%	7.29%	309.68%	4,308.34%	9,161.33%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	2.79	-234.74	-118.05	-18.48	-46.85	-82.50	-124.00	-449.58	-7.06
Operating Cash Flow to Interest Expense	-46.84	0.00	9.44	40.24	5.79	43.18	76.54	2.29	350.49	530.52	253.79
Operating Cash Flow Less CapEx to Interest Expense	-54.06	0.00	7.10	-12.73	-26.83	19.18	63.10	-29.05	237.31	518.21	251.02
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	2.23	1.86	1.77	1.17	0.95	0.87	0.74	0.80	0.96	1.08
Accounts Receivable Turnover	0.00	5.02	5.13	4.89	4.38	4.15	4.33	4.13	4.42	5.05	5.60
Inventory Turnover	0.00	6.37	8.20	12.01	14.86	18.73	26.03	21.47	19.73	18.43	19.51
Fixed Asset Turnover	0.00	41.84	42.27	37.13	17.57	13.76	16.62	12.20	11.62	17.20	24.47
Accounts Payable Turnover	0.00	8.84	7.13	7.26	7.38	8.53	11.43	11.63	7.13	7.00	12.31
Days Sales Outstanding (DSO)	0.00	72.76	71.19	74.63	83.38	87.90	84.25	88.33	82.60	72.28	65.20
Days Inventory Outstanding (DIO)	0.00	57.28	44.50	30.39	24.57	19.49	14.02	17.00	18.50	19.81	18.70
Days Payable Outstanding (DPO)	0.00	41.28	51.21	50.25	49.48	42.80	31.93	31.37	51.17	52.15	29.65
Cash Conversion Cycle (CCC)	0.00	88.77	64.48	54.77	58.46	64.58	66.34	73.96	49.93	39.93	54.25
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	-0.21	-25	47	281	330	710	765	300	333	341
Invested Capital Turnover	0.00	-3,870.38	-40.73	67.59	6.89	5.82	5.31	4.24	6.54	13.00	14.07
Increase / (Decrease) in Invested Capital	0.00	-0.21	-25	72	234	49	380	54	-464	32	8.16
Enterprise Value (EV)	0.00	0.00	4,888	3,147	15,318	41,146	28,605	3,786	11,035	8,634	13,712
Market Capitalization	0.00	0.00	5,065	3,345	15,735	42,144	30,662	5,668	13,061	10,794	16,030
Book Value per Share	$0.00	($40.84)	$1.56	$2.24	$5.94	$10.46	$20.59	$19.00	$16.33	$17.17	$17.99
Tangible Book Value per Share	$0.00	($40.84)	$1.52	$2.21	$4.66	$9.40	$18.76	$17.42	$14.90	$15.87	$15.56
Total Capital	0.00	34	152	245	798	1,423	2,856	2,727	2,326	2,493	2,658
Total Debt	0.00	15	0.00	0.00	100	95	90	80	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	95	90	80	0.00	0.00	0.00	0.00
Net Debt	0.00	-20	-177	-198	-418	-998	-2,056	-1,882	-2,026	-2,160	-2,317
Capital Expenditures (CapEx)	5.02	8.60	9.23	18	77	82	40	162	83	5.06	5.28
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	29	4.41	41	55	89	189	-0.37	-228	-159	-153
Debt-free Net Working Capital (DFNWC)	0.00	64	182	239	572	1,182	2,335	1,962	1,797	2,002	2,164
Net Working Capital (NWC)	0.00	49	182	239	567	1,177	2,325	1,882	1,797	2,002	2,164
Net Nonoperating Expense (NNE)	14	12	50	-0.45	14	3.33	-1.52	126	155	-23	-94
Net Nonoperating Obligations (NNO)	0.00	-20	-177	-198	-418	-998	-2,056	-1,882	-2,026	-2,160	-2,317
Total Depreciation and Amortization (D&A)	2.56	5.30	5.34	8.39	41	87	169	339	336	339	341
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	7.31%	0.86%	5.55%	4.86%	5.03%	6.83%	-0.01%	-6.56%	-3.86%	-3.24%
Debt-free Net Working Capital to Revenue	0.00%	15.98%	35.43%	32.18%	50.69%	66.48%	84.45%	62.74%	51.58%	48.67%	45.68%
Net Working Capital to Revenue	0.00%	12.22%	35.43%	32.18%	50.26%	66.20%	84.10%	60.18%	51.58%	48.67%	45.68%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($10.08)	($9.01)	($2.24)	($0.08)	($0.52)	($0.14)	$1.83	($3.62)	($5.01)	($0.89)	$0.60
Adjusted Weighted Average Basic Shares Outstanding	4.03M	4.75M	99.57M	110.01M	119.98M	128.42M	132.71M	137.67M	141.57M	144.63M	147.15M
Adjusted Diluted Earnings per Share	($10.08)	($9.01)	($2.24)	($0.08)	($0.52)	($0.14)	$1.71	($3.62)	($5.01)	($0.89)	$0.59
Adjusted Weighted Average Diluted Shares Outstanding	4.03M	4.75M	99.57M	110.01M	119.98M	128.42M	141.67M	137.67M	141.57M	144.63M	150.91M
Adjusted Basic & Diluted Earnings per Share	($10.08)	($9.01)	($2.24)	($0.08)	($0.52)	($0.14)	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	4.03M	4.75M	28.31M	104.62M	115.22M	123.98M	135.30M	140.11M	143.52M	145.94M	147.43M
Normalized Net Operating Profit after Tax (NOPAT)	-26	-30	-14	-9.31	-46	-14	165	-372	-555	-153	-5.29
Normalized NOPAT Margin	-8.22%	-7.61%	-2.68%	-1.25%	-4.03%	-0.80%	5.95%	-11.89%	-15.92%	-3.71%	-0.11%
Pre Tax Income Margin	-12.65%	-10.67%	-12.32%	-1.26%	-5.40%	-1.04%	8.56%	-15.75%	-20.07%	-2.92%	1.98%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-57.14	0.00	-15.00	-25.97	-24.75	-4.38	80.39	-94.39	-957.12	-290.87	50.26
NOPAT to Interest Expense	-37.77	0.00	-3.48	-26.90	-19.25	-4.13	80.83	-72.01	-759.81	-371.57	-2.78
EBIT Less CapEx to Interest Expense	-64.35	0.00	-17.33	-78.94	-57.37	-28.38	66.96	-125.72	-1,070.30	-303.18	47.49
NOPAT Less CapEx to Interest Expense	-44.98	0.00	-5.81	-79.87	-51.87	-28.13	67.39	-103.34	-872.99	-383.89	-5.55
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-0.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	169.74%

This table displays calculated financial ratios and metrics derived from Roku's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	147,583,585.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	147,583,585.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.58
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	19.79%	13.54%	18.96%	14.28%	16.47%	22.00%	15.79%	14.76%	13.97%	16.14%	22.36%
EBITDA Growth	-766.06%	104.65%	127.66%	331.96%	130.40%	1,020.55%	15.15%	95.09%	67.83%	166.88%	375.92%
EBIT Growth	-174.52%	67.63%	75.67%	59.31%	98.51%	66.70%	13.02%	111.91%	888.14%	462.26%	322.72%
NOPAT Growth	-137.97%	58.32%	66.09%	43.44%	89.78%	62.44%	19.86%	-5.16%	124.67%	311.38%	223.86%
Net Income Growth	-170.14%	66.99%	73.73%	68.44%	97.26%	54.60%	46.06%	130.93%	374.77%	326.39%	412.42%
EPS Growth	-164.77%	68.79%	74.64%	68.42%	97.42%	55.56%	45.71%	129.17%	366.67%	329.17%	400.00%
Operating Cash Flow Growth	1,608.86%	122.05%	130.43%	-84.08%	-72.08%	385.65%	197.18%	368.82%	85.84%	35.76%	43.54%
Free Cash Flow Firm Growth	195.39%	270.78%	246.28%	7,095.68%	-128.55%	-115.19%	-101.86%	-116.16%	117.84%	183.66%	391.54%
Invested Capital Growth	-68.72%	-60.71%	-65.89%	-54.93%	26.65%	10.67%	-10.18%	1.49%	-3.24%	2.46%	7.90%
Revenue Q/Q Growth	7.65%	7.94%	-10.46%	9.84%	9.71%	13.07%	-15.02%	8.85%	8.96%	15.22%	-10.47%
EBITDA Q/Q Growth	-1,149.83%	102.66%	371.69%	48.26%	63.80%	-2.02%	-51.60%	151.18%	40.92%	55.80%	-13.69%
EBIT Q/Q Growth	-208.49%	76.60%	39.76%	6.44%	88.67%	-421.61%	-57.37%	112.81%	649.76%	139.75%	-3.25%
NOPAT Q/Q Growth	-177.70%	70.22%	30.85%	1.10%	49.80%	-9.40%	-47.55%	-29.77%	111.78%	837.40%	-13.54%
Net Income Q/Q Growth	-206.77%	76.28%	35.04%	33.24%	73.40%	-293.67%	22.83%	138.29%	136.24%	224.35%	6.49%
EPS Q/Q Growth	-206.58%	76.82%	35.19%	31.43%	75.00%	-300.00%	20.83%	136.84%	128.57%	243.75%	3.64%
Operating Cash Flow Q/Q Growth	67.21%	-93.36%	185.93%	-49.86%	193.36%	15.48%	74.96%	-20.90%	16.29%	-15.64%	84.99%
Free Cash Flow Firm Q/Q Growth	6,659.26%	17.28%	35.31%	-32.92%	-126.82%	37.57%	83.40%	-481.75%	129.61%	192.67%	-42.16%
Invested Capital Q/Q Growth	-64.28%	14.09%	-0.11%	10.74%	0.36%	-0.31%	-18.93%	25.12%	-4.32%	5.56%	-14.62%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	40.44%	44.49%	44.05%	43.87%	45.20%	42.68%	43.60%	44.79%	43.36%	43.50%	45.24%
EBITDA Margin	-26.42%	0.65%	3.42%	4.62%	6.90%	5.97%	3.40%	7.85%	10.15%	13.73%	13.23%
Operating Margin	-38.35%	-10.58%	-8.17%	-7.36%	-3.37%	-3.26%	-5.66%	-2.10%	0.78%	4.73%	4.15%
EBIT Margin	-35.84%	-7.77%	-5.23%	-4.45%	-0.46%	-2.12%	-3.93%	0.46%	3.18%	6.61%	7.15%
Profit (Net Income) Margin	-36.19%	-7.95%	-5.77%	-3.51%	-0.85%	-2.96%	-2.69%	0.95%	2.05%	5.77%	6.86%
Tax Burden Percent	100.97%	102.29%	110.34%	78.75%	184.93%	137.40%	67.71%	224.76%	65.24%	87.75%	96.68%
Interest Burden Percent	100.00%	100.06%	100.02%	100.00%	100.00%	101.57%	101.08%	91.04%	98.82%	99.40%	99.30%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-124.76%	34.76%	12.25%	3.32%
Return on Invested Capital (ROIC)	-163.61%	-48.47%	-35.15%	-36.08%	-30.77%	-29.64%	-59.11%	-61.96%	7.06%	58.41%	71.02%
ROIC Less NNEP Spread (ROIC-NNEP)	-159.32%	-48.20%	-35.13%	-36.91%	-31.54%	-29.25%	-59.71%	-64.88%	6.22%	57.41%	69.48%
Return on Net Nonoperating Assets (RNNOA)	124.70%	37.87%	26.68%	28.89%	27.59%	25.40%	52.74%	56.16%	-5.42%	-49.90%	-61.99%
Return on Equity (ROE)	-38.90%	-10.60%	-8.47%	-7.19%	-3.18%	-4.23%	-6.37%	-5.80%	1.64%	8.51%	9.03%
Cash Return on Invested Capital (CROIC)	-14.16%	-17.00%	20.92%	-2.45%	-89.95%	-58.39%	-39.38%	-34.09%	-20.32%	-4.00%	25.89%
Operating Return on Assets (OROA)	-28.12%	-6.24%	-4.62%	-4.04%	-0.42%	-2.04%	-4.01%	0.48%	3.32%	7.17%	8.32%
Return on Assets (ROA)	-28.40%	-6.39%	-5.10%	-3.18%	-0.78%	-2.84%	-2.74%	0.99%	2.14%	6.26%	7.99%
Return on Common Equity (ROCE)	-38.90%	-10.60%	-8.47%	-7.19%	-3.18%	-4.23%	-6.37%	-5.80%	1.64%	8.51%	9.03%
Return on Equity Simple (ROE_SIMPLE)	-37.64%	0.00%	-24.06%	-20.63%	-7.00%	0.00%	-4.20%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-245	-73	-50	-50	-25	-27	-40	-52	6.18	58	50
NOPAT Margin	-26.85%	-7.41%	-5.72%	-5.15%	-2.36%	-2.28%	-3.96%	-4.72%	0.51%	4.15%	4.01%
Net Nonoperating Expense Percent (NNEP)	-4.28%	-0.28%	-0.02%	0.83%	0.77%	-0.39%	0.60%	2.92%	0.84%	1.01%	1.54%
Return On Investment Capital (ROIC_SIMPLE)	-	-3.13%	-	-	-	-1.10%	-1.60%	-2.02%	0.24%	2.18%	1.87%
Cost of Revenue to Revenue	59.56%	55.51%	55.95%	56.13%	54.80%	57.32%	56.40%	55.21%	56.64%	56.50%	54.76%
SG&A Expenses to Revenue	14.11%	9.52%	8.82%	10.21%	9.41%	7.86%	9.26%	8.98%	7.53%	7.23%	8.20%
R&D to Revenue	30.94%	18.67%	20.47%	18.12%	16.83%	15.44%	18.08%	16.02%	15.05%	13.24%	15.17%
Operating Expenses to Revenue	78.79%	55.07%	52.22%	51.22%	48.56%	45.94%	49.26%	46.89%	42.58%	38.77%	41.09%
Earnings before Interest and Taxes (EBIT)	-327	-76	-46	-43	-4.88	-25	-40	5.13	38	92	89
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-241	6.40	30	45	73	72	35	87	123	192	165
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.33	5.61	3.94	3.61	4.39	4.33	4.07	4.98	5.62	6.03	5.22
Price to Tangible Book Value (P/TBV)	4.76	6.15	4.31	3.94	4.76	4.69	4.39	5.81	6.53	6.97	6.02
Price to Revenue (P/Rev)	2.97	3.75	2.56	2.31	2.77	2.62	2.42	2.93	3.25	3.38	2.81
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	181.41	69.23
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.55%	1.44%
Enterprise Value to Invested Capital (EV/IC)	30.17	36.73	24.09	19.80	26.01	25.97	29.77	31.54	38.58	40.25	39.78
Enterprise Value to Revenue (EV/Rev)	2.36	3.17	1.99	1.76	2.23	2.10	1.89	2.42	2.74	2.89	2.33
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	56.14	39.27	35.75	39.84	39.32	31.42	20.41
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	143.13	51.38
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	123.29
Enterprise Value to Operating Cash Flow (EV/OCF)	32.18	43.13	15.86	19.81	55.94	39.60	25.88	26.83	27.34	28.35	21.26
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	58.59	0.00	0.00	0.00	0.00	0.00	0.00	0.00	159.48
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.78	-0.79	-0.76	-0.78	-0.87	-0.87	-0.88	-0.87	-0.87	-0.87	-0.89
Leverage Ratio	1.69	1.74	1.67	1.68	1.78	1.78	1.71	1.68	1.71	1.70	1.64
Compound Leverage Factor	1.69	1.75	1.67	1.68	1.78	1.81	1.73	1.53	1.69	1.69	1.63
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	3.83	4.89	4.02	3.98	4.51	4.61	4.82	5.71	6.17	6.67	6.31
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.46	2.41	2.58	2.72	2.57	2.62	2.86	2.85	2.74	2.75	2.91
Quick Ratio	2.26	2.23	2.39	2.49	2.30	2.41	2.64	2.60	2.51	2.58	2.70
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	334	391	529	355	-95	-59	-9.87	-57	17	50	29
Operating Cash Flow to CapEx	3,625.06%	463.84%	6,946.88%	2,674.97%	6,502.27%	3,225.87%	7,184.46%	9,780.12%	11,232.66%	9,867.09%	6,354.18%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	52,935.08	0.00	0.00	0.00	-22.79	-124.77	37.34	89.12	46.09
Operating Cash Flow to Interest Expense	0.00	0.00	4,668.30	0.00	0.00	0.00	320.40	238.55	280.45	192.92	319.13
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	4,601.10	0.00	0.00	0.00	315.94	236.11	277.95	190.97	314.11
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.78	0.80	0.88	0.91	0.92	0.96	1.02	1.05	1.04	1.08	1.16
Accounts Receivable Turnover	4.68	4.42	5.11	5.44	5.37	5.05	6.22	6.77	6.16	5.60	7.08
Inventory Turnover	17.08	19.73	20.14	22.43	14.60	18.43	20.80	23.53	15.45	19.51	23.43
Fixed Asset Turnover	12.22	11.62	11.87	12.54	15.53	17.20	18.69	20.26	22.39	24.47	27.14
Accounts Payable Turnover	7.87	7.13	8.68	8.70	6.77	7.00	8.24	11.13	10.54	12.31	17.45
Days Sales Outstanding (DSO)	78.02	82.60	71.50	67.08	67.93	72.28	58.67	53.88	59.26	65.20	51.56
Days Inventory Outstanding (DIO)	21.37	18.50	18.12	16.27	25.00	19.81	17.55	15.51	23.63	18.70	15.58
Days Payable Outstanding (DPO)	46.36	51.17	42.03	41.97	53.88	52.15	44.31	32.80	34.64	29.65	20.92
Cash Conversion Cycle (CCC)	53.03	49.93	47.59	41.37	39.05	39.93	31.91	36.59	48.25	54.25	46.22
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	263	300	300	332	334	333	270	337	323	341	291
Invested Capital Turnover	6.09	6.54	6.14	7.00	13.06	13.00	14.93	13.13	13.85	14.07	17.72
Increase / (Decrease) in Invested Capital	-578	-464	-580	-405	70	32	-31	4.95	-11	8.16	21
Enterprise Value (EV)	7,945	11,035	7,231	6,581	8,675	8,634	8,024	10,636	12,450	13,712	11,569
Market Capitalization	9,989	13,061	9,286	8,640	10,802	10,794	10,280	12,890	14,752	16,030	13,950
Book Value per Share	$16.31	$16.33	$16.39	$16.58	$17.01	$17.17	$17.31	$17.66	$17.82	$17.99	$18.12
Tangible Book Value per Share	$14.84	$14.90	$15.00	$15.22	$15.67	$15.87	$16.04	$15.11	$15.33	$15.56	$15.71
Total Capital	2,307	2,326	2,356	2,391	2,461	2,493	2,526	2,591	2,625	2,658	2,671
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-2,044	-2,026	-2,056	-2,058	-2,127	-2,160	-2,256	-2,253	-2,302	-2,317	-2,380
Capital Expenditures (CapEx)	6.78	3.52	0.67	0.88	1.06	2.46	1.93	1.12	1.14	1.09	3.13
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-281	-228	-219	-178	-181	-159	-208	-203	-189	-153	-168
Debt-free Net Working Capital (DFNWC)	1,763	1,797	1,836	1,881	1,946	2,002	2,048	2,050	2,113	2,164	2,212
Net Working Capital (NWC)	1,763	1,797	1,836	1,881	1,946	2,002	2,048	2,050	2,113	2,164	2,212
Net Nonoperating Expense (NNE)	85	5.37	0.43	-16	-16	8.16	-13	-63	-19	-23	-36
Net Nonoperating Obligations (NNO)	-2,044	-2,026	-2,056	-2,058	-2,127	-2,160	-2,256	-2,253	-2,302	-2,317	-2,380
Total Depreciation and Amortization (D&A)	86	83	76	88	78	97	75	82	84	99	76
Debt-free, Cash-free Net Working Capital to Revenue	-8.34%	-6.56%	-6.05%	-4.74%	-4.65%	-3.86%	-4.90%	-4.62%	-4.16%	-3.24%	-3.38%
Debt-free Net Working Capital to Revenue	52.36%	51.58%	50.66%	50.21%	49.94%	48.67%	48.16%	46.65%	46.51%	45.68%	44.56%
Net Working Capital to Revenue	52.36%	51.58%	50.66%	50.21%	49.94%	48.67%	48.16%	46.65%	46.51%	45.68%	44.56%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($2.33)	($0.54)	($0.35)	($0.24)	($0.06)	($0.24)	($0.19)	$0.07	$0.17	$0.55	$0.58
Adjusted Weighted Average Basic Shares Outstanding	141.88M	141.57M	143.75M	144.34M	144.86M	144.63M	146.20M	146.89M	147.47M	147.15M	147.51M
Adjusted Diluted Earnings per Share	($2.33)	($0.54)	($0.35)	($0.24)	($0.06)	($0.24)	($0.19)	$0.07	$0.16	$0.55	$0.57
Adjusted Weighted Average Diluted Shares Outstanding	141.88M	141.57M	143.75M	144.34M	144.86M	144.63M	146.20M	149.68M	151.58M	150.91M	151.02M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	142.50M	143.52M	144.16M	144.69M	145.20M	145.94M	146.66M	147.33M	147.75M	147.43M	147.58M
Normalized Net Operating Profit after Tax (NOPAT)	-245	-73	-50	-50	-25	-27	-40	-16	6.18	58	50
Normalized NOPAT Margin	-26.85%	-7.41%	-5.72%	-5.15%	-2.36%	-2.28%	-3.96%	-1.47%	0.51%	4.15%	4.01%
Pre Tax Income Margin	-35.84%	-7.77%	-5.23%	-4.45%	-0.46%	-2.15%	-3.97%	0.42%	3.14%	6.57%	7.10%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	-4,608.00	0.00	0.00	0.00	-92.57	11.16	84.58	165.35	143.06
NOPAT to Interest Expense	0.00	0.00	-5,042.52	0.00	0.00	0.00	-93.33	-114.01	13.57	103.75	80.21
EBIT Less CapEx to Interest Expense	0.00	0.00	-4,675.20	0.00	0.00	0.00	-97.03	8.72	82.09	163.40	138.04
NOPAT Less CapEx to Interest Expense	0.00	0.00	-5,109.72	0.00	0.00	0.00	-97.79	-116.45	11.08	101.80	75.19
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	169.74%	124.07%

Financials Breakdown Chart

Key Financial Trends

Here’s a data-driven snapshot of Roku, Inc. (ROKU) covering the last four years of quarterly statements, focused on revenue, profitability, cash flow, and liquidity. The view highlights a more positive near-term signal in late 2025, while noting profitability remains volatile across quarters and a pattern of cash flow variability.

Key takeaway: Roku shows revenue growth and improved margins in the most recent quarter, a strong cash position with minimal debt, and some liquidity- and shareholder-friendly actions (stock buybacks). Yet quarterly profitability remains uneven, and financing/investing activity has been choppy across the period.

Q4 2025 revenue was 1,394,903,000, up from 1,201,047,000 in Q4 2024 (roughly +16%).
Q4 2025 gross margin was about 43.5% (606,822,000 / 1,394,903,000), higher than Q4 2024's roughly 42.7% (512,579,000 / 1,201,047,000).
Q4 2025 net income attributable to common shareholders was 80,477,000, turning positive after recent quarterly losses.
Q4 2025 operating cash flow was 107,650,000, up from 79,292,000 in Q4 2024, indicating stronger cash generation.
No long-term debt on the balance sheet in 2025, with substantial cash balances (cash & equivalents around 1.6B in mid-2025), implying strong liquidity and flexibility.
Q4 2025 saw a stock buyback: repurchase of common equity around 99,982,000, which can support per-share metrics over time.
Profitability remains volatile across quarters; for example, net income swung from negative in Q1 2025 (-27,431,000) to positive in Q2–Q4 2025, showing quarter-to-quarter variability in earnings quality.
Investing activity was notably volatile: a large net outflow in Q3 2025 (about -726,136,000) due to investments, followed by a smaller outflow in Q4 2025 (-38.9M), indicating shifting investment posture.
GAAP net income has been negative in several earlier quarters/years, underscoring ongoing profitability risk despite the recent quarterly improvement (e.g., early 2025 data).
Financing activities were consistently cash outflows in several periods, with Q4 2025 net financing outflow around -133,347,000, which reduces cash available for other uses.

05/21/26 10:42 AM ETAI Generated. May Contain Errors.

Roku Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Roku's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Roku's net income appears to be on an upward trend, with a most recent value of $88.36 million in 2025, falling from -$40.61 million in 2015. The previous period was -$129.39 million in 2024. See Roku's forecast for analyst expectations on what's next for the company.

Roku's total operating income in 2025 was -$5.62 million, based on the following breakdown:

Total Gross Profit: $2.07 billion
Total Operating Expenses: $2.08 billion

Over the last 10 years, Roku's total revenue changed from $319.86 million in 2015 to $4.74 billion in 2025, a change of 1,381.1%.

Roku's total liabilities were at $1.78 billion at the end of 2025, a 2.0% decrease from 2024, and a 1,011.6% increase since 2016.

In the past 9 years, Roku's cash and equivalents has ranged from $34.56 million in 2016 to $2.16 billion in 2024, and is currently $1.59 billion as of their latest financial filing in 2025.

Over the last 10 years, Roku's book value per share changed from 0.00 in 2015 to 17.99 in 2025, a change of 1,798.9%.

Related Companies

Financial statements for NASDAQ:ROKU last updated on 5/2/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Roku (ROKU) Financials

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