Roku, Inc (ROKU)

Roku, Inc., together with its subsidiaries, operates a TV streaming platform in the United States and internationally. The company operates in two segments, Platform and Devices. Its streaming platform allows users to find and access TV shows, movies, news, sports, and others, as well as offers digital advertising services. The company also sells streaming players, Roku-branded TVs, smart home products and services, audio products, and related accessories. Roku, Inc. was incorporated in 2002 and is headquartered in San Jose, California. As of November 6, 2026, Roku, Inc. operates as a subsidiary of Fox Corporation.

Ticker: ROKU
Exchange: Nasdaq
Sector: Communication Services
Industry: Entertainment
Market cap: $23.93B
52-week range: $78.53 - $163.57

Valuation

Share price: $160.52 (close of Nov 6, 2026)
P/E (TTM): 46.26x
Price to book: 7.89x
Price to free cash flow: 29.86x
Enterprise value: $21.61B
Book value per share: $20.36

Price performance

Period	Change
1 day	+0.09%
5 days	+3.48%
1 month	+5.56%
3 months	+6.96%
6 months	+25.43%
Year to date	+47.96%
1 year	+53.14%
3 years	+92.70%
5 years	-42.39%
All time	+583.06%

Short interest

As of: Oct 15, 2026
Short % of float: 7.41%
Shares short: 9.75M
Days to cover: 7.28
Change since prior report: +0.81%
Source: FINRA consolidated short interest

Profitability and growth

Return on equity: 3.32%
Return on invested capital: -0.18%
Return on assets: 1.99%
Return on capital employed: -0.18%
Gross margin: 43.79%
Net margin: 1.87%
EBITDA margin: 1.34%
Revenue growth: 15.18%
Free cash flow growth: 124.64%

Cash flow and balance sheet

Free cash flow yield (TTM): 3.35%
Current ratio: 2.70x
Net debt to EBITDA: -2.60x

Latest reported year

Period end: Dec 31, 2025
Fiscal year: 2025
Revenue: $4.74B
Cost of revenue: $2.66B
Gross profit: $2.07B
EBITDA: $63.28M
Net income: $88.36M
Earnings per share: $0.60
Research and development: $729.48M
Interest expense: $1.91M
Shares outstanding: 147.15M

Income statement by year

Period end	Revenue	Gross profit	Net income	EPS
2025-12-31	$4.74B	$2.07B	$88.36M	$0.60
2024-12-31	$4.11B	$1.81B	-$129.39M	-$0.89
2023-12-31	$3.48B	$1.52B	-$709.56M	-$5.01
2022-12-31	$3.13B	$1.44B	-$498.00M	-$3.62
2021-12-31	$2.76B	$1.41B	$242.38M	$1.83
2020-12-31	$1.78B	$808.22M	-$17.51M	-$0.14
2019-12-31	$1.13B	$495.22M	-$59.94M	-$0.52
2018-12-31	$742.51M	$332.15M	-$8.86M	-$0.08
2017-12-31	$512.76M	$199.83M	-$63.51M	-$2.24
2016-12-31	$398.65M	$121.05M	-$42.76M	-$9.01

Margins and returns by year

Period end	Gross margin	Net margin	Return on equity	Return on capital
2025-12-31	43.79%	1.87%	3.32%	-0.18%
2024-12-31	43.90%	-3.15%	-5.19%	-7.07%
2023-12-31	43.70%	-20.36%	-30.50%	-26.58%
2022-12-31	46.09%	-15.93%	-18.82%	-15.77%
2021-12-31	50.95%	8.77%	8.76%	7.15%
2020-12-31	45.45%	-0.98%	-1.32%	-1.09%
2019-12-31	43.87%	-5.31%	-8.58%	-5.73%
2018-12-31	44.73%	-1.19%	-3.62%	-4.47%
2017-12-31	38.97%	-12.39%	-41.71%	-12.88%
2016-12-31	30.36%	-10.73%	-	-

Cash and debt by year

Period end	Cash	Debt
2025-12-31	$2.32B	-
2024-12-31	$2.16B	-
2023-12-31	$2.03B	-
2022-12-31	$1.96B	-
2021-12-31	$2.15B	$79.98M
2020-12-31	$1.09B	$89.87M
2019-12-31	$515.48M	$94.74M
2018-12-31	$197.71M	-
2017-12-31	$177.25M	-

Free cash flow by year

Period end	Free cash flow	Stock-based compensation
2025-12-31	$478.44M	$354.17M
2024-12-31	$212.98M	$384.66M
2023-12-31	$173.24M	$370.13M
2022-12-31	-$149.90M	$359.93M
2021-12-31	$188.04M	$187.53M
2020-12-31	$65.81M	$134.08M
2019-12-31	-$63.47M	$85.17M
2018-12-31	-$4.41M	$37.67M
2017-12-31	$28.06M	$10.95M
2016-12-31	-$41.06M	$8.21M

Investor relations

Past earnings dates

Reported	Fiscal period	EPS estimate
2026-11-02	Sep 2026	$0.55
2026-08-06	Jun 2026	$0.61
2026-04-30	Mar 2026	$0.34
2026-02-12	Dec 2025	$0.28
2025-10-30	Sep 2025	$0.07
2025-07-31	Jun 2025	-$0.16
2025-05-01	Mar 2025	-$0.27
2025-02-13	Dec 2024	-$0.44

Filings and sources

Company website: roku.com
SEC filings: 10-K, 10-Q and 8-K on EDGAR
Earnings calendar: All upcoming reports

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Understanding these figures

Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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