Roku, Inc. (ROKU) 10-Year Financial Performance & Capital Metrics

ROKU • • Industrial / General

Communication ServicesEntertainmentStreaming & Digital Media PlatformsSubscription Video Streaming Services

AboutRoku, Inc., together with its subsidiaries, operates a TV streaming platform. The company operates in two segments, Platform and Player. Its platform allows users to discover and access various movies and TV episodes, as well as live TV, news sports, shows, and others. As of December 31, 2021, the company had 60.1 million active accounts. It also provides digital and video advertising, content distribution, subscription, and billing services, as well as other commerce transactions, and brand sponsorship and promotions; and manufactures, sells, and licenses smart TVs under the Roku TV name. In addition, the company offers streaming players, and audio products and accessories under the Roku brand name; and sells branded channel buttons on remote controls of streaming devices. It provides its products and services through retailers and distributors, as well as directly to customers through its website in the United States, Canada, the United Kingdom, France, Mexico, Brazil, Chile, Peru, North and South Americas, and Europe. Roku, Inc. was incorporated in 2002 and is headquartered in San Jose, California.Show more

Revenue $4.11B +18.0%
EBITDA $121M +126.6%
Net Income -$129M +81.8%
EPS (Diluted) -0.89 +82.2%
Gross Margin 43.9% +0.5%
EBITDA Margin 2.95% +122.5%
Operating Margin -5.3% +76.7%
Net Margin -3.15% +84.6%
ROE -5.37% +81.2%
ROIC -17.41% +65.4%
Debt/Equity 0.24 -15.6%
Interest Coverage -530.82 +51.1%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong Piotroski F-Score: 7/9
✓Strong 5Y sales CAGR of 29.5%

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y29.51%

3Y14.16%

TTM16.61%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM83.93%

EPS CAGR

10Y-

5Y-

3Y-

TTM83.37%

ROCE

10Y Avg-16.07%

5Y Avg-8.08%

3Y Avg-16.06%

Latest-7.2%

Peer Comparison

Subscription Video Streaming Services

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
NFLXNetflix, Inc.	382.72B	90.32	45.55	15.65%	24.05%	40.19%	1.81%	0.73
CNVSCineverse Corp.	38.3M	2.00	12.50	59.13%	-1.49%	-3.19%	42.4%	0.01
IQiQIYI, Inc.	1.08B	2.05	2.66	-8.31%	-1.44%	-2.92%	100%	1.06
GAIAGaia, Inc.	76.81M	3.91	-17.77	12.36%	-4.87%	-4.7%	2.53%	0.12
ROKURoku, Inc.	14.45B	110.51	-124.17	18.03%	-0.61%	-1.05%	1.47%	0.24

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	319.86M	398.65M	512.76M	742.51M	1.13B	1.78B	2.76B	3.13B	3.48B	4.11B
Revenue Growth %	-	0.25%	0.29%	0.45%	0.52%	0.58%	0.55%	0.13%	0.11%	0.18%
Cost of Goods Sold+	230.08M	277.6M	312.93M	410.36M	633.7M	970.17M	1.36B	1.69B	1.96B	2.31B
COGS % of Revenue	0.72%	0.7%	0.61%	0.55%	0.56%	0.55%	0.49%	0.54%	0.56%	0.56%
Gross Profit+	89.78M	121.05M	199.83M	332.15M	495.22M	808.22M	1.41B	1.44B	1.52B	1.81B
Gross Margin %	0.28%	0.3%	0.39%	0.45%	0.44%	0.45%	0.51%	0.46%	0.44%	0.44%
Gross Profit Growth %	-	0.35%	0.65%	0.66%	0.49%	0.63%	0.74%	0.02%	0.06%	0.19%
Operating Expenses+	127.33M	164.41M	219.45M	345.44M	560.28M	828.47M	1.17B	1.97B	2.31B	2.02B
OpEx % of Revenue	0.4%	0.41%	0.43%	0.47%	0.5%	0.47%	0.42%	0.63%	0.66%	0.49%
Selling, General & Admin	76.86M	88.23M	111.5M	174.75M	295.27M	472.69M	711.9M	1.18B	1.44B	1.3B
SG&A % of Revenue	0.24%	0.22%	0.22%	0.24%	0.26%	0.27%	0.26%	0.38%	0.41%	0.32%
Research & Development	50.47M	76.18M	107.94M	170.69M	265.01M	355.78M	461.6M	788.91M	878.47M	720.14M
R&D % of Revenue	0.16%	0.19%	0.21%	0.23%	0.23%	0.2%	0.17%	0.25%	0.25%	0.18%
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	-37.55M	-43.36M	-19.62M	-13.3M	-65.06M	-20.25M	235.1M	-530.89M	-792.38M	-218.17M
Operating Margin %	-0.12%	-0.11%	-0.04%	-0.02%	-0.06%	-0.01%	0.09%	-0.17%	-0.23%	-0.05%
Operating Income Growth %	-	-0.15%	0.55%	0.32%	-3.89%	0.69%	12.61%	-3.26%	-0.49%	0.72%
EBITDA+	-35M	-38.06M	-14.28M	-4.91M	-27.06M	44.7M	404.31M	-192.38M	-456.55M	121.24M
EBITDA Margin %	-0.11%	-0.1%	-0.03%	-0.01%	-0.02%	0.03%	0.15%	-0.06%	-0.13%	0.03%
EBITDA Growth %	-	-0.09%	0.62%	0.66%	-4.51%	2.65%	8.05%	-1.48%	-1.37%	1.27%
D&A (Non-Cash Add-back)	2.56M	5.3M	5.34M	8.39M	38M	64.95M	169.22M	338.51M	335.83M	339.41M
EBIT	-39.77M	-43.36M	-61.58M	-8.99M	-58.55M	-15.02M	239.57M	-487.12M	-698.7M	-119.55M
Net Interest Income+	-696K	146K	-1.61M	-346K	-2.37M	-3.43M	-2.98M	-5.16M	-730K	-411K
Interest Income	0	146K	0	0	0	0	0	0	0	0
Interest Expense	696K	0	1.61M	346K	2.37M	3.43M	2.98M	5.16M	730K	411K
Other Income/Expense	-2.91M	814K	-43.58M	3.96M	4.14M	1.8M	1.49M	38.6M	92.95M	98.21M
Pretax Income+	-40.46M	-42.55M	-63.19M	-9.33M	-60.92M	-18.45M	236.59M	-492.28M	-699.43M	-119.96M
Pretax Margin %	-0.13%	-0.11%	-0.12%	-0.01%	-0.05%	-0.01%	0.09%	-0.16%	-0.2%	-0.03%
Income Tax+	147K	211K	315K	-476K	-982K	-945K	-5.8M	5.72M	10.13M	9.43M
Effective Tax Rate %	1%	1%	1%	0.95%	0.98%	0.95%	1.02%	1.01%	1.01%	1.08%
Net Income+	-40.61M	-42.76M	-63.51M	-8.86M	-59.94M	-17.51M	242.38M	-498M	-709.56M	-129.39M
Net Margin %	-0.13%	-0.11%	-0.12%	-0.01%	-0.05%	-0.01%	0.09%	-0.16%	-0.2%	-0.03%
Net Income Growth %	-	-0.05%	-0.49%	0.86%	-5.77%	0.71%	14.85%	-3.05%	-0.42%	0.82%
Net Income (Continuing)	-40.61M	-42.76M	-63.51M	-8.86M	-59.94M	-17.51M	242.38M	-498M	-709.56M	-129.39M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-8.71	-0.50	-0.58	-0.08	-0.52	-0.14	1.71	-3.62	-5.01	-0.89
EPS Growth %	-	0.94%	-0.16%	0.85%	-5.14%	0.73%	13.21%	-3.12%	-0.38%	0.82%
EPS (Basic)	-8.71	-0.50	-2.24	-0.08	-0.52	-0.14	1.83	-3.62	-5.01	-0.89
Diluted Shares Outstanding	4.66M	85.71M	109.31M	104.62M	115.22M	123.98M	141.67M	137.67M	141.57M	144.63M
Basic Shares Outstanding	4.66M	85.71M	28.31M	104.62M	115.22M	123.98M	132.71M	137.67M	141.57M	144.63M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	164.93M	165.22M	344.92M	432.94M	925.66M	1.7B	3.05B	2.96B	3.07B	3.23B
Cash & Short-Term Investments	75.75M	34.56M	177.25M	197.71M	515.48M	1.09B	2.15B	1.96B	2.03B	2.16B
Cash Only	75.75M	34.56M	177.25M	155.56M	515.48M	1.09B	2.15B	1.96B	2.03B	2.16B
Short-Term Investments	0	0	0	42.15M	0	0	0	0	0	0
Accounts Receivable	53.45M	79.47M	120.55M	183.08M	332.67M	523.85M	752.39M	760.79M	816.34M	812.51M
Days Sales Outstanding	61	72.76	85.81	90	107.56	107.52	99.34	88.82	85.51	72.11
Inventory	30.31M	43.57M	32.74M	35.59M	49.71M	53.9M	50.28M	106.75M	92.13M	158.27M
Days Inventory Outstanding	48.09	57.28	38.19	31.65	28.63	20.28	13.53	23.12	17.14	25.04
Other Current Assets	824K	2.64M	3.01M	0	1.85M	0	0	135.38M	138.59M	103.15M
Total Non-Current Assets+	11.58M	13.86M	26.98M	32.06M	544.57M	572.9M	1.03B	1.45B	1.19B	1.07B
Property, Plant & Equipment	7.89M	9.53M	14.74M	25.26M	386.55M	421.39M	523.23M	856.73M	636M	518.2M
Fixed Asset Turnover	40.56x	41.84x	34.80x	29.39x	2.92x	4.22x	5.28x	3.65x	5.48x	7.94x
Goodwill	0	0	1.38M	1.38M	74.12M	73.06M	161.52M	161.52M	161.52M	161.52M
Intangible Assets	0	0	2.03M	1.48M	76.67M	62.18M	307.84M	351.65M	299.15M	264.82M
Long-Term Investments	0	0	0	0	0	0	0	0	0	75.22M
Other Non-Current Assets	3.69M	4.33M	8.83M	3.94M	7.23M	16.27M	35.05M	77.83M	92.18M	50.01M
Total Assets+	176.51M	179.08M	371.9M	465M	1.47B	2.27B	4.08B	4.41B	4.26B	4.3B
Asset Turnover	1.81x	2.23x	1.38x	1.60x	0.77x	0.78x	0.68x	0.71x	0.82x	0.96x
Asset Growth %	-	0.01%	1.08%	0.25%	2.16%	0.54%	0.8%	0.08%	-0.03%	0.01%
Total Current Liabilities+	76.47M	116.5M	163.26M	194M	358.3M	520.32M	729.62M	1.08B	1.28B	1.23B
Accounts Payable	34.2M	31.4M	56.41M	56.58M	115.23M	112.31M	124.92M	164.8M	385.33M	273.99M
Days Payables Outstanding	54.26	41.28	65.8	50.32	66.37	42.26	33.63	35.69	71.68	43.34
Short-Term Debt	0	15M	0	0	4.87M	4.87M	9.88M	79.98M	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	0	0	0	0	0	0	0	0	0	0
Current Ratio	2.16x	1.42x	2.11x	2.23x	2.58x	3.26x	4.19x	2.74x	2.41x	2.62x
Quick Ratio	1.76x	1.04x	1.91x	2.05x	2.44x	3.16x	4.12x	2.64x	2.34x	2.50x
Cash Conversion Cycle	54.83	88.77	58.2	71.33	69.82	85.54	79.24	76.24	30.96	53.8
Total Non-Current Liabilities+	259.77M	256.4M	56.36M	26.34M	413.51M	422.21M	585.92M	682.77M	659.93M	578.69M
Long-Term Debt	15M	0	0	0	94.74M	89.87M	79.98M	0	0	0
Capital Lease Obligations	0	0	0	0	301.69M	307.94M	394.72M	584.65M	586.17M	512.71M
Deferred Tax Liabilities	224.06M	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	226.11M	227.31M	7.85M	6.75M	1.7M	3.12M	82.48M	69.91M	49.19M	40.94M
Total Liabilities	336.25M	372.9M	219.62M	220.35M	771.81M	942.53M	1.32B	1.77B	1.94B	1.81B
Total Debt+	15M	15M	0	0	419.2M	438.32M	521.71M	719.33M	654.27M	591.93M
Net Debt	-60.75M	-19.56M	-177.25M	-155.56M	-96.28M	-654.49M	-1.62B	-1.24B	-1.37B	-1.57B
Debt / Equity	-	-	-	-	0.60x	0.33x	0.19x	0.27x	0.28x	0.24x
Debt / EBITDA	-	-	-	-	-	9.81x	1.29x	-	-	4.88x
Net Debt / EBITDA	-	-	-	-	-	-14.64x	-4.02x	-	-	-12.94x
Interest Coverage	-53.95x	-	-12.17x	-38.43x	-27.50x	-5.90x	78.89x	-102.87x	-1085.45x	-530.82x
Total Equity+	-159.74M	-193.82M	152.28M	244.65M	698.43M	1.33B	2.77B	2.65B	2.33B	2.49B
Equity Growth %	-	-0.21%	1.79%	0.61%	1.85%	0.9%	1.08%	-0.04%	-0.12%	0.07%
Book Value per Share	-34.25	-2.26	1.39	2.34	6.06	10.71	19.53	19.22	16.43	17.24
Total Shareholders' Equity	-159.74M	-193.82M	152.28M	244.65M	698.43M	1.33B	2.77B	2.65B	2.33B	2.49B
Common Stock	3K	3K	10K	11K	12K	13K	14K	14K	14K	15K
Retained Earnings	-177.07M	-219.83M	-283.34M	-253.9M	-313.83M	-332.41M	-90.02M	-588.03M	-1.3B	-1.43B
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	0	-213.18M	-371.9M	-17K	29K	29K	41K	-292K	159K	-1.74M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-32.6M	-32.46M	37.29M	13.92M	13.71M	148.19M	228.08M	11.79M	255.86M	218.04M
Operating CF Margin %	-0.1%	-0.08%	0.07%	0.02%	0.01%	0.08%	0.08%	0%	0.07%	0.05%
Operating CF Growth %	-	0%	2.15%	-0.63%	-0.02%	9.81%	0.54%	-0.95%	20.69%	-0.15%
Net Income	-40.61M	-42.76M	-63.51M	-8.86M	-59.94M	-17.51M	242.38M	-498M	-709.56M	-129.39M
Depreciation & Amortization	2.56M	5.3M	5.34M	8.39M	38M	64.95M	169.22M	338.51M	335.83M	339.41M
Stock-Based Compensation	5.28M	8.21M	10.95M	37.67M	85.17M	134.08M	187.53M	359.93M	370.13M	384.66M
Deferred Taxes	0	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	4.53M	4.31M	44.14M	2.34M	4.72M	26.72M	-1M	1.69M	266.72M	32.12M
Working Capital Changes	-4.36M	-7.52M	40.37M	-25.63M	-54.25M	-60.04M	-370.05M	-190.34M	-7.27M	-408.76M
Change in Receivables	-14.12M	-26.35M	-41.18M	-50.67M	-110.22M	-196.05M	-221.77M	-10.89M	-56.94M	1.89M
Change in Inventory	-3.75M	-13.26M	10.83M	-2.95M	-14.13M	-4.18M	3.62M	-56.47M	14.72M	-66.14M
Change in Payables	4.72M	-2.81M	24.32M	-98K	9.41M	6.41M	8.43M	14.19M	248.18M	-110.68M
Cash from Investing+	-5.21M	-8.57M	-12.27M	-60.13M	-110.3M	-81.32M	-176.82M	-201.7M	-92.62M	-25.06M
Capital Expenditures	-5.02M	-8.6M	-9.23M	-18.33M	-77.18M	-82.38M	-40.04M	-161.7M	-82.62M	-5.06M
CapEx % of Revenue	0.02%	0.02%	0.02%	0.02%	0.07%	0.05%	0.01%	0.05%	0.02%	0%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-186K	29K	-80K	0	-7.43M	1.06M	0	0	0	0
Cash from Financing+	58.55M	-156K	117.66M	24.52M	458.33M	509.05M	1B	8.36M	-61.24M	-89.2M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-1.12M	-594K	0	-500K	0	0	0	0	0	-98.58M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-37.62M	-41.06M	28.06M	-4.41M	-70.9M	65.81M	188.04M	-149.9M	173.24M	212.98M
FCF Margin %	-0.12%	-0.1%	0.05%	-0.01%	-0.06%	0.04%	0.07%	-0.05%	0.05%	0.05%
FCF Growth %	-	-0.09%	1.68%	-1.16%	-15.1%	1.93%	1.86%	-1.8%	2.16%	0.23%
FCF per Share	-8.07	-0.48	0.26	-0.04	-0.62	0.53	1.33	-1.09	1.22	1.47
FCF Conversion (FCF/Net Income)	0.80x	0.76x	-0.59x	-1.57x	-0.23x	-8.46x	0.94x	-0.02x	-0.36x	-1.69x
Interest Paid	273K	236K	1.15M	493K	3.1M	3.47M	2.58M	3.89M	915K	460K
Taxes Paid	83K	121K	222K	564K	759K	1.01M	1.36M	7.02M	6.63M	19.41M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-	-41.71%	-4.46%	-12.71%	-1.73%	11.84%	-18.4%	-28.54%	-5.37%
Return on Invested Capital (ROIC)	-	-	-	-31.11%	-14.12%	-2.38%	19.42%	-31.28%	-50.39%	-17.41%
Gross Margin	28.07%	30.36%	38.97%	44.73%	43.87%	45.45%	50.95%	46.09%	43.7%	43.9%
Net Margin	-12.7%	-10.73%	-12.39%	-1.19%	-5.31%	-0.98%	8.77%	-15.93%	-20.36%	-3.15%
Debt / Equity	-	-	-	-	0.60x	0.33x	0.19x	0.27x	0.28x	0.24x
Interest Coverage	-53.95x	-	-12.17x	-38.43x	-27.50x	-5.90x	78.89x	-102.87x	-1085.45x	-530.82x
FCF Conversion	0.80x	0.76x	-0.59x	-1.57x	-0.23x	-8.46x	0.94x	-0.02x	-0.36x	-1.69x
Revenue Growth	-	24.63%	28.63%	44.8%	52.04%	57.53%	55.45%	13.09%	11.45%	18.03%

Revenue by Segment

	2017	2018	2019	2020	2021	2022	2023	2024
Platform	225.36M	416.86M	740.78M	1.27B	2.28B	2.71B	2.99B	3.52B
Platform Growth	-	84.98%	77.70%	71.14%	80.24%	18.67%	10.42%	17.66%
Player	287.41M	-	388.14M	510.64M	479.66M	-	-	-
Player Growth	-	-	-	31.56%	-6.07%	-	-	-

Frequently Asked Questions

Growth & Financials

Roku, Inc. (ROKU) reported $4.54B in revenue for fiscal year 2024. This represents a 1320% increase from $319.9M in 2015.

Roku, Inc. (ROKU) grew revenue by 18.0% over the past year. This is strong growth.

Roku, Inc. (ROKU) reported a net loss of $27.7M for fiscal year 2024.

Dividend & Returns

Roku, Inc. (ROKU) has a return on equity (ROE) of -5.4%. Negative ROE indicates the company is unprofitable.

Roku, Inc. (ROKU) generated $448.7M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

...

Roku, Inc. (ROKU) 10-Year Financial Performance & Capital Metrics

ROKU • • Industrial / General

Communication ServicesEntertainmentStreaming & Digital Media PlatformsSubscription Video Streaming Services

Revenue $4.11B +18.0%
EBITDA $121M +126.6%
Net Income -$129M +81.8%
EPS (Diluted) -0.89 +82.2%
Gross Margin 43.9% +0.5%
EBITDA Margin 2.95% +122.5%
Operating Margin -5.3% +76.7%
Net Margin -3.15% +84.6%
ROE -5.37% +81.2%
ROIC -17.41% +65.4%
Debt/Equity 0.24 -15.6%
Interest Coverage -530.82 +51.1%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong Piotroski F-Score: 7/9
✓Strong 5Y sales CAGR of 29.5%

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y29.51%

3Y14.16%

TTM16.61%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM83.93%

EPS CAGR

10Y-

5Y-

3Y-

TTM83.37%

ROCE

10Y Avg-16.07%

5Y Avg-8.08%

3Y Avg-16.06%

Latest-7.2%

Peer Comparison

Subscription Video Streaming Services

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
NFLXNetflix, Inc.	382.72B	90.32	45.55	15.65%	24.05%	40.19%	1.81%	0.73
CNVSCineverse Corp.	38.3M	2.00	12.50	59.13%	-1.49%	-3.19%	42.4%	0.01
IQiQIYI, Inc.	1.08B	2.05	2.66	-8.31%	-1.44%	-2.92%	100%	1.06
GAIAGaia, Inc.	76.81M	3.91	-17.77	12.36%	-4.87%	-4.7%	2.53%	0.12
ROKURoku, Inc.	14.45B	110.51	-124.17	18.03%	-0.61%	-1.05%	1.47%	0.24

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	319.86M	398.65M	512.76M	742.51M	1.13B	1.78B	2.76B	3.13B	3.48B	4.11B
Revenue Growth %	-	0.25%	0.29%	0.45%	0.52%	0.58%	0.55%	0.13%	0.11%	0.18%
Cost of Goods Sold+	230.08M	277.6M	312.93M	410.36M	633.7M	970.17M	1.36B	1.69B	1.96B	2.31B
COGS % of Revenue	0.72%	0.7%	0.61%	0.55%	0.56%	0.55%	0.49%	0.54%	0.56%	0.56%
Gross Profit+	89.78M	121.05M	199.83M	332.15M	495.22M	808.22M	1.41B	1.44B	1.52B	1.81B
Gross Margin %	0.28%	0.3%	0.39%	0.45%	0.44%	0.45%	0.51%	0.46%	0.44%	0.44%
Gross Profit Growth %	-	0.35%	0.65%	0.66%	0.49%	0.63%	0.74%	0.02%	0.06%	0.19%
Operating Expenses+	127.33M	164.41M	219.45M	345.44M	560.28M	828.47M	1.17B	1.97B	2.31B	2.02B
OpEx % of Revenue	0.4%	0.41%	0.43%	0.47%	0.5%	0.47%	0.42%	0.63%	0.66%	0.49%
Selling, General & Admin	76.86M	88.23M	111.5M	174.75M	295.27M	472.69M	711.9M	1.18B	1.44B	1.3B
SG&A % of Revenue	0.24%	0.22%	0.22%	0.24%	0.26%	0.27%	0.26%	0.38%	0.41%	0.32%
Research & Development	50.47M	76.18M	107.94M	170.69M	265.01M	355.78M	461.6M	788.91M	878.47M	720.14M
R&D % of Revenue	0.16%	0.19%	0.21%	0.23%	0.23%	0.2%	0.17%	0.25%	0.25%	0.18%
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	-37.55M	-43.36M	-19.62M	-13.3M	-65.06M	-20.25M	235.1M	-530.89M	-792.38M	-218.17M
Operating Margin %	-0.12%	-0.11%	-0.04%	-0.02%	-0.06%	-0.01%	0.09%	-0.17%	-0.23%	-0.05%
Operating Income Growth %	-	-0.15%	0.55%	0.32%	-3.89%	0.69%	12.61%	-3.26%	-0.49%	0.72%
EBITDA+	-35M	-38.06M	-14.28M	-4.91M	-27.06M	44.7M	404.31M	-192.38M	-456.55M	121.24M
EBITDA Margin %	-0.11%	-0.1%	-0.03%	-0.01%	-0.02%	0.03%	0.15%	-0.06%	-0.13%	0.03%
EBITDA Growth %	-	-0.09%	0.62%	0.66%	-4.51%	2.65%	8.05%	-1.48%	-1.37%	1.27%
D&A (Non-Cash Add-back)	2.56M	5.3M	5.34M	8.39M	38M	64.95M	169.22M	338.51M	335.83M	339.41M
EBIT	-39.77M	-43.36M	-61.58M	-8.99M	-58.55M	-15.02M	239.57M	-487.12M	-698.7M	-119.55M
Net Interest Income+	-696K	146K	-1.61M	-346K	-2.37M	-3.43M	-2.98M	-5.16M	-730K	-411K
Interest Income	0	146K	0	0	0	0	0	0	0	0
Interest Expense	696K	0	1.61M	346K	2.37M	3.43M	2.98M	5.16M	730K	411K
Other Income/Expense	-2.91M	814K	-43.58M	3.96M	4.14M	1.8M	1.49M	38.6M	92.95M	98.21M
Pretax Income+	-40.46M	-42.55M	-63.19M	-9.33M	-60.92M	-18.45M	236.59M	-492.28M	-699.43M	-119.96M
Pretax Margin %	-0.13%	-0.11%	-0.12%	-0.01%	-0.05%	-0.01%	0.09%	-0.16%	-0.2%	-0.03%
Income Tax+	147K	211K	315K	-476K	-982K	-945K	-5.8M	5.72M	10.13M	9.43M
Effective Tax Rate %	1%	1%	1%	0.95%	0.98%	0.95%	1.02%	1.01%	1.01%	1.08%
Net Income+	-40.61M	-42.76M	-63.51M	-8.86M	-59.94M	-17.51M	242.38M	-498M	-709.56M	-129.39M
Net Margin %	-0.13%	-0.11%	-0.12%	-0.01%	-0.05%	-0.01%	0.09%	-0.16%	-0.2%	-0.03%
Net Income Growth %	-	-0.05%	-0.49%	0.86%	-5.77%	0.71%	14.85%	-3.05%	-0.42%	0.82%
Net Income (Continuing)	-40.61M	-42.76M	-63.51M	-8.86M	-59.94M	-17.51M	242.38M	-498M	-709.56M	-129.39M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-8.71	-0.50	-0.58	-0.08	-0.52	-0.14	1.71	-3.62	-5.01	-0.89
EPS Growth %	-	0.94%	-0.16%	0.85%	-5.14%	0.73%	13.21%	-3.12%	-0.38%	0.82%
EPS (Basic)	-8.71	-0.50	-2.24	-0.08	-0.52	-0.14	1.83	-3.62	-5.01	-0.89
Diluted Shares Outstanding	4.66M	85.71M	109.31M	104.62M	115.22M	123.98M	141.67M	137.67M	141.57M	144.63M
Basic Shares Outstanding	4.66M	85.71M	28.31M	104.62M	115.22M	123.98M	132.71M	137.67M	141.57M	144.63M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	164.93M	165.22M	344.92M	432.94M	925.66M	1.7B	3.05B	2.96B	3.07B	3.23B
Cash & Short-Term Investments	75.75M	34.56M	177.25M	197.71M	515.48M	1.09B	2.15B	1.96B	2.03B	2.16B
Cash Only	75.75M	34.56M	177.25M	155.56M	515.48M	1.09B	2.15B	1.96B	2.03B	2.16B
Short-Term Investments	0	0	0	42.15M	0	0	0	0	0	0
Accounts Receivable	53.45M	79.47M	120.55M	183.08M	332.67M	523.85M	752.39M	760.79M	816.34M	812.51M
Days Sales Outstanding	61	72.76	85.81	90	107.56	107.52	99.34	88.82	85.51	72.11
Inventory	30.31M	43.57M	32.74M	35.59M	49.71M	53.9M	50.28M	106.75M	92.13M	158.27M
Days Inventory Outstanding	48.09	57.28	38.19	31.65	28.63	20.28	13.53	23.12	17.14	25.04
Other Current Assets	824K	2.64M	3.01M	0	1.85M	0	0	135.38M	138.59M	103.15M
Total Non-Current Assets+	11.58M	13.86M	26.98M	32.06M	544.57M	572.9M	1.03B	1.45B	1.19B	1.07B
Property, Plant & Equipment	7.89M	9.53M	14.74M	25.26M	386.55M	421.39M	523.23M	856.73M	636M	518.2M
Fixed Asset Turnover	40.56x	41.84x	34.80x	29.39x	2.92x	4.22x	5.28x	3.65x	5.48x	7.94x
Goodwill	0	0	1.38M	1.38M	74.12M	73.06M	161.52M	161.52M	161.52M	161.52M
Intangible Assets	0	0	2.03M	1.48M	76.67M	62.18M	307.84M	351.65M	299.15M	264.82M
Long-Term Investments	0	0	0	0	0	0	0	0	0	75.22M
Other Non-Current Assets	3.69M	4.33M	8.83M	3.94M	7.23M	16.27M	35.05M	77.83M	92.18M	50.01M
Total Assets+	176.51M	179.08M	371.9M	465M	1.47B	2.27B	4.08B	4.41B	4.26B	4.3B
Asset Turnover	1.81x	2.23x	1.38x	1.60x	0.77x	0.78x	0.68x	0.71x	0.82x	0.96x
Asset Growth %	-	0.01%	1.08%	0.25%	2.16%	0.54%	0.8%	0.08%	-0.03%	0.01%
Total Current Liabilities+	76.47M	116.5M	163.26M	194M	358.3M	520.32M	729.62M	1.08B	1.28B	1.23B
Accounts Payable	34.2M	31.4M	56.41M	56.58M	115.23M	112.31M	124.92M	164.8M	385.33M	273.99M
Days Payables Outstanding	54.26	41.28	65.8	50.32	66.37	42.26	33.63	35.69	71.68	43.34
Short-Term Debt	0	15M	0	0	4.87M	4.87M	9.88M	79.98M	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	0	0	0	0	0	0	0	0	0	0
Current Ratio	2.16x	1.42x	2.11x	2.23x	2.58x	3.26x	4.19x	2.74x	2.41x	2.62x
Quick Ratio	1.76x	1.04x	1.91x	2.05x	2.44x	3.16x	4.12x	2.64x	2.34x	2.50x
Cash Conversion Cycle	54.83	88.77	58.2	71.33	69.82	85.54	79.24	76.24	30.96	53.8
Total Non-Current Liabilities+	259.77M	256.4M	56.36M	26.34M	413.51M	422.21M	585.92M	682.77M	659.93M	578.69M
Long-Term Debt	15M	0	0	0	94.74M	89.87M	79.98M	0	0	0
Capital Lease Obligations	0	0	0	0	301.69M	307.94M	394.72M	584.65M	586.17M	512.71M
Deferred Tax Liabilities	224.06M	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	226.11M	227.31M	7.85M	6.75M	1.7M	3.12M	82.48M	69.91M	49.19M	40.94M
Total Liabilities	336.25M	372.9M	219.62M	220.35M	771.81M	942.53M	1.32B	1.77B	1.94B	1.81B
Total Debt+	15M	15M	0	0	419.2M	438.32M	521.71M	719.33M	654.27M	591.93M
Net Debt	-60.75M	-19.56M	-177.25M	-155.56M	-96.28M	-654.49M	-1.62B	-1.24B	-1.37B	-1.57B
Debt / Equity	-	-	-	-	0.60x	0.33x	0.19x	0.27x	0.28x	0.24x
Debt / EBITDA	-	-	-	-	-	9.81x	1.29x	-	-	4.88x
Net Debt / EBITDA	-	-	-	-	-	-14.64x	-4.02x	-	-	-12.94x
Interest Coverage	-53.95x	-	-12.17x	-38.43x	-27.50x	-5.90x	78.89x	-102.87x	-1085.45x	-530.82x
Total Equity+	-159.74M	-193.82M	152.28M	244.65M	698.43M	1.33B	2.77B	2.65B	2.33B	2.49B
Equity Growth %	-	-0.21%	1.79%	0.61%	1.85%	0.9%	1.08%	-0.04%	-0.12%	0.07%
Book Value per Share	-34.25	-2.26	1.39	2.34	6.06	10.71	19.53	19.22	16.43	17.24
Total Shareholders' Equity	-159.74M	-193.82M	152.28M	244.65M	698.43M	1.33B	2.77B	2.65B	2.33B	2.49B
Common Stock	3K	3K	10K	11K	12K	13K	14K	14K	14K	15K
Retained Earnings	-177.07M	-219.83M	-283.34M	-253.9M	-313.83M	-332.41M	-90.02M	-588.03M	-1.3B	-1.43B
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	0	-213.18M	-371.9M	-17K	29K	29K	41K	-292K	159K	-1.74M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-32.6M	-32.46M	37.29M	13.92M	13.71M	148.19M	228.08M	11.79M	255.86M	218.04M
Operating CF Margin %	-0.1%	-0.08%	0.07%	0.02%	0.01%	0.08%	0.08%	0%	0.07%	0.05%
Operating CF Growth %	-	0%	2.15%	-0.63%	-0.02%	9.81%	0.54%	-0.95%	20.69%	-0.15%
Net Income	-40.61M	-42.76M	-63.51M	-8.86M	-59.94M	-17.51M	242.38M	-498M	-709.56M	-129.39M
Depreciation & Amortization	2.56M	5.3M	5.34M	8.39M	38M	64.95M	169.22M	338.51M	335.83M	339.41M
Stock-Based Compensation	5.28M	8.21M	10.95M	37.67M	85.17M	134.08M	187.53M	359.93M	370.13M	384.66M
Deferred Taxes	0	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	4.53M	4.31M	44.14M	2.34M	4.72M	26.72M	-1M	1.69M	266.72M	32.12M
Working Capital Changes	-4.36M	-7.52M	40.37M	-25.63M	-54.25M	-60.04M	-370.05M	-190.34M	-7.27M	-408.76M
Change in Receivables	-14.12M	-26.35M	-41.18M	-50.67M	-110.22M	-196.05M	-221.77M	-10.89M	-56.94M	1.89M
Change in Inventory	-3.75M	-13.26M	10.83M	-2.95M	-14.13M	-4.18M	3.62M	-56.47M	14.72M	-66.14M
Change in Payables	4.72M	-2.81M	24.32M	-98K	9.41M	6.41M	8.43M	14.19M	248.18M	-110.68M
Cash from Investing+	-5.21M	-8.57M	-12.27M	-60.13M	-110.3M	-81.32M	-176.82M	-201.7M	-92.62M	-25.06M
Capital Expenditures	-5.02M	-8.6M	-9.23M	-18.33M	-77.18M	-82.38M	-40.04M	-161.7M	-82.62M	-5.06M
CapEx % of Revenue	0.02%	0.02%	0.02%	0.02%	0.07%	0.05%	0.01%	0.05%	0.02%	0%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-186K	29K	-80K	0	-7.43M	1.06M	0	0	0	0
Cash from Financing+	58.55M	-156K	117.66M	24.52M	458.33M	509.05M	1B	8.36M	-61.24M	-89.2M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-1.12M	-594K	0	-500K	0	0	0	0	0	-98.58M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-37.62M	-41.06M	28.06M	-4.41M	-70.9M	65.81M	188.04M	-149.9M	173.24M	212.98M
FCF Margin %	-0.12%	-0.1%	0.05%	-0.01%	-0.06%	0.04%	0.07%	-0.05%	0.05%	0.05%
FCF Growth %	-	-0.09%	1.68%	-1.16%	-15.1%	1.93%	1.86%	-1.8%	2.16%	0.23%
FCF per Share	-8.07	-0.48	0.26	-0.04	-0.62	0.53	1.33	-1.09	1.22	1.47
FCF Conversion (FCF/Net Income)	0.80x	0.76x	-0.59x	-1.57x	-0.23x	-8.46x	0.94x	-0.02x	-0.36x	-1.69x
Interest Paid	273K	236K	1.15M	493K	3.1M	3.47M	2.58M	3.89M	915K	460K
Taxes Paid	83K	121K	222K	564K	759K	1.01M	1.36M	7.02M	6.63M	19.41M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-	-41.71%	-4.46%	-12.71%	-1.73%	11.84%	-18.4%	-28.54%	-5.37%
Return on Invested Capital (ROIC)	-	-	-	-31.11%	-14.12%	-2.38%	19.42%	-31.28%	-50.39%	-17.41%
Gross Margin	28.07%	30.36%	38.97%	44.73%	43.87%	45.45%	50.95%	46.09%	43.7%	43.9%
Net Margin	-12.7%	-10.73%	-12.39%	-1.19%	-5.31%	-0.98%	8.77%	-15.93%	-20.36%	-3.15%
Debt / Equity	-	-	-	-	0.60x	0.33x	0.19x	0.27x	0.28x	0.24x
Interest Coverage	-53.95x	-	-12.17x	-38.43x	-27.50x	-5.90x	78.89x	-102.87x	-1085.45x	-530.82x
FCF Conversion	0.80x	0.76x	-0.59x	-1.57x	-0.23x	-8.46x	0.94x	-0.02x	-0.36x	-1.69x
Revenue Growth	-	24.63%	28.63%	44.8%	52.04%	57.53%	55.45%	13.09%	11.45%	18.03%

Revenue by Segment

	2017	2018	2019	2020	2021	2022	2023	2024
Platform	225.36M	416.86M	740.78M	1.27B	2.28B	2.71B	2.99B	3.52B
Platform Growth	-	84.98%	77.70%	71.14%	80.24%	18.67%	10.42%	17.66%
Player	287.41M	-	388.14M	510.64M	479.66M	-	-	-
Player Growth	-	-	-	31.56%	-6.07%	-	-	-

Frequently Asked Questions

Growth & Financials

Roku, Inc. (ROKU) reported $4.54B in revenue for fiscal year 2024. This represents a 1320% increase from $319.9M in 2015.

Roku, Inc. (ROKU) grew revenue by 18.0% over the past year. This is strong growth.

Roku, Inc. (ROKU) reported a net loss of $27.7M for fiscal year 2024.

Dividend & Returns

Roku, Inc. (ROKU) has a return on equity (ROE) of -5.4%. Negative ROE indicates the company is unprofitable.

Roku, Inc. (ROKU) generated $448.7M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.