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OverviewAnalysisPriceRevenueEarningsP/ERatiosDividendTargets

Roku, Inc. (ROKU) Quarterly Financial Ratios

Last 38 quarters of trend data · Communication Services · Entertainment

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Roku, Inc.'s quarterly P/E stands at 41.5x. EV/EBITDA has compressed 50.0% YoY to 63.0x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →210.8841.5051.17156.45313.89————————
—————————————
P/S Ratio3.882.862.963.112.962.522.252.552.232.663.332.752.66
—+13.4%+31.5%+22.2%+32.5%-5.1%-32.3%-7.3%-16.1%-14.7%+103.1%+7.0%-27.6%
P/B Ratio7.065.356.225.745.084.084.344.403.623.985.634.343.56
—+31.2%+43.2%+30.6%+40.3%+2.5%-23.0%+1.3%+1.6%+9.8%+162.4%+54.3%-11.4%
P/FCF38.4118.2318.6429.7830.2818.8235.2139.9995.9850.90255.8810.4717.48
—-3.2%-47.1%-25.5%-68.5%-63.0%-86.2%+281.9%+449.0%————
EV / EBITDA52.7263.0347.40121.3648.79126.1549.2754.96—472.90——195.31
—-50.0%-3.8%+120.8%—-73.3%———————
EV / EBIT——59.9091.16558.58————————
—————————————

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Roku, Inc.'s operating margin was 4.1% in Q1 2026, down 0.6 pp QoQ and up 9.8 pp YoY. The trailing four-quarter average of 1.9% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 3.7% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin43.8%45.2%43.5%43.4%44.8%43.6%42.7%45.2%43.9%44.1%44.5%40.4%44.7%
—+3.7%+1.9%-4.1%+2.1%-1.0%-4.1%+11.8%-1.8%-3.3%+5.9%-13.7%-3.9%
Operating Margin-0.1%4.1%4.7%0.8%-2.1%-5.7%-3.3%-3.4%-7.4%-8.2%-10.6%-38.4%-14.9%
—+173.3%+245.2%+123.2%+71.5%+30.8%+69.2%+91.2%+50.5%+71.5%+63.3%-98.7%-2.8%
Net Margin1.9%6.9%5.8%2.0%0.9%-2.7%-3.0%-0.9%-3.5%-5.8%-8.0%-36.2%-12.7%
—+355.3%+294.9%+341.1%+127.0%+53.4%+62.8%+97.7%+72.4%+77.9%+70.9%-125.5%+13.6%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE3.4%3.2%3.0%1.0%0.4%-1.1%-1.4%-0.4%-1.4%-2.2%-3.4%-13.6%-4.2%
—+394.2%+312.3%+355.5%+128.7%+49.7%+57.5%+97.3%+66.2%+70.8%+61.4%-211.1%-5.7%
ROA2.0%2.0%1.8%0.6%0.2%-0.6%-0.8%-0.2%-0.8%-1.2%-1.9%-7.9%-2.6%
—+401.7%+320.7%+366.2%+130.2%+46.5%+55.4%+97.3%+68.6%+73.6%+65.6%-181.7%+0.4%
ROIC-0.3%2.3%2.8%0.6%-2.0%-4.9%-3.1%-2.8%-5.6%-5.7%-8.1%-21.9%-6.3%
—+147.0%+189.2%+120.2%+64.5%+14.3%+61.4%+87.2%+11.0%+46.9%+37.9%-191.0%+0.1%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Roku, Inc.'s Debt/EBITDA ratio is 8.0x, down from 10.5x last quarter — elevated, raising questions about debt serviceability.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity0.330.150.330.210.220.230.240.250.260.270.280.290.26
—-32.4%+38.1%-16.9%-16.6%-15.9%-15.6%-13.4%+2.5%+8.0%+3.5%+13.9%-0.7%
Debt / EBITDA2.607.9710.4618.819.6533.7912.6114.49—152.17——64.04
—-76.4%-17.1%+29.8%—-77.8%———————
Current Ratio2.752.912.752.742.852.862.622.572.722.582.412.462.83
—+1.6%+4.7%+6.6%+5.0%+10.8%+8.9%+4.4%-4.0%-17.3%-12.0%-21.9%-21.3%
Quick Ratio2.662.822.662.622.752.742.502.412.632.502.342.372.73
—+3.0%+6.4%+8.6%+4.6%+9.5%+6.8%+1.8%-3.8%-16.3%-11.4%-21.5%-22.0%
Interest Coverage-2.9582.97118.2384.5811.16-92.57-37.85——-4608.00-2185.80-30687.80-31490.00
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 38 years · Updated daily

Full ROKU Stock Analysis

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ROKU — Frequently Asked Questions

Quick answers to the most common questions about buying ROKU stock.

What is Roku, Inc.'s quarterly P/E ratio trend?

Roku, Inc.'s current P/E is 210.9x. The average P/E over the last 4 quarters is 140.8x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Roku, Inc.'s margins change by quarter?

Roku, Inc.'s current operating margin is -0.1%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at ROKU quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Roku, Inc.'s business trajectory between earnings reports.

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