Roku, Inc. (ROKU) Financial Statements

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Roku financial statements at a glance

Roku reported revenue of $4.74 billion for fiscal year 2025 (ended December 31, 2025), up 15.2% from fiscal year 2024. Net income was $88.36 million, a net margin of 1.9%, and diluted earnings per share were $0.59.

At the end of fiscal year 2025 it had total assets of $4.43 billion, total liabilities of $1.78 billion and shareholders' equity of $2.66 billion, with cash and short-term investments of $2.32 billion and total debt of $523.32 million.

Its operations brought in $483.72 million of cash; capital spending was $5.28 million, leaving free cash flow of $478.44 million.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

ROKU logo

Roku, Inc.

ROKUUnited States
Consumer-Oriented Services
USD (Local)

Income Statement

Annual • USD

Total Revenue
4.74B
Prev Year: 4.11B
YoY: +15.2%
Operating Revenue
4.74B
Prev Year: 4.11B
YoY: +15.2%
Tax Rate for Calcs
0.059
Prev Year: 0
Total Unusual Items Excluding Goodwill
-
Total Operating Income as Reported
-5.62M
Prev Year: -218.17M
YoY: +97.4%
Other Non-operating Income (expense)
101.43M
Prev Year: 98.62M
YoY: +2.8%
Research and Development
729.48M
Prev Year: 720.14M
YoY: +1.3%
Selling and Marketing Expense
964.36M
Prev Year: 932.71M
YoY: +3.4%
General and Administrative Expense
386.22M
Prev Year: 370.95M
YoY: +4.1%
Other General and Administrative
386.22M
Prev Year: 370.95M
YoY: +4.1%
Cost of Revenue
2.66B
Prev Year: 2.31B
YoY: +15.4%
Gross Profit
2.07B
Prev Year: 1.81B
YoY: +14.9%
Operating Expense
2.08B
Prev Year: 2.02B
YoY: +2.8%
Selling General and Administrative
1.35B
Prev Year: 1.30B
YoY: +3.6%
Operating Income
-5.62M
Prev Year: -218.17M
YoY: +97.4%
Net Non Operating Interest Income Expense
-1.91M
Prev Year: -411.0K
YoY: -363.7%
Non-operating Interest Expense
1.91M
Prev Year: 411.0K
YoY: +363.7%
Non-operating Interest Income
-
Other Income Expense
101.43M
Prev Year: 98.62M
YoY: +2.8%
Pre-tax Income
93.90M
Prev Year: -119.96M
YoY: +178.3%
Provision for Income Taxes
5.54M
Prev Year: 9.43M
YoY: -41.3%
Net Income Common Stockholders
88.36M
Prev Year: -129.39M
YoY: +168.3%
Net Income
88.36M
Prev Year: -129.39M
YoY: +168.3%
Net Income Including Non-Controlling Interests
88.36M
Prev Year: -129.39M
YoY: +168.3%
Net Income from Continuing Operations
88.36M
Prev Year: -129.39M
YoY: +168.3%
Diluted NI Available to Com Stockholders
88.36M
Prev Year: -129.39M
YoY: +168.3%
Basic EPS
0.6
Prev Year: -0.89
YoY: +167.4%
Diluted EPS
0.59
Prev Year: -0.89
YoY: +166.3%
Weighted Average Shares (basic)
147.15M
Prev Year: 144.63M
YoY: +1.7%
Weighted Average Shares (diluted)
150.91M
Prev Year: 144.63M
YoY: +4.3%
Total Expenses
4.74B
Prev Year: 4.33B
YoY: +9.5%
Net Income from Continuing and Discontinued Operation
88.36M
Prev Year: -129.39M
YoY: +168.3%
Normalized Income
88.36M
Prev Year: -129.39M
YoY: +168.3%
Interest Expense
1.91M
Prev Year: 411.0K
YoY: +363.7%
Net Interest Income
-1.91M
Prev Year: -411.0K
YoY: -363.7%
Interest Income
-
EBIT
95.80M
Prev Year: -119.55M
YoY: +180.1%
EBITDA
436.40M
Prev Year: 219.86M
YoY: +98.5%
Reconciled Cost of Revenue
2.66B
Prev Year: 2.31B
YoY: +15.4%
Reconciled Depreciation
340.60M
Prev Year: 339.41M
YoY: +0.4%
Net Income from Continuing Operation Net Minority Interest
88.36M
Prev Year: -129.39M
YoY: +168.3%
Normalized EBITDA
436.40M
Prev Year: 219.86M
YoY: +98.5%
Values in USD

Roku key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$4.7B$4.1B$3.5B$3.1B$2.8B
Gross profit$2.1B$1.8B$1.5B$1.4B$1.4B
Operating income-$5.6M-$218.2M-$792.4M-$530.9M$235.1M
Net income$88.4M-$129.4M-$709.6M-$498.0M$242.4M
Diluted EPS$0.59-$0.89-$5.01-$3.62$1.71
Total assets$4.4B$4.3B$4.3B$4.4B$4.1B
Total liabilities$1.8B$1.8B$1.9B$1.8B$1.3B
Shareholders' equity$2.7B$2.5B$2.3B$2.6B$2.8B
Cash and short-term investments$2.3B$2.2B$2.0B$2.0B$2.1B
Total debt$523.3M$591.9M$654.3M$719.3M$521.7M
Operating cash flow$483.7M$218.0M$255.9M$11.8M$228.1M
Capital spending$5.3M$5.1M$82.6M$161.7M$40.0M
Free cash flow$478.4M$213.0M$173.2M-$149.9M$188.0M

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2015.

Questions and answers

What was Roku's revenue in fiscal year 2025?

$4.74 billion, up 15.2% from $4.11 billion in fiscal year 2024.

How much profit does Roku make?

Roku reported net income of $88.36 million for fiscal year 2025 (1.9% of revenue); operating income was -$5.62 million.

How much cash and debt does Roku have?

At the end of fiscal year 2025: cash and short-term investments of $2.32 billion and total debt of $523.32 million.

What is Roku's free cash flow?

$478.44 million in fiscal year 2025 (operating cash flow of $483.72 million minus capital spending of $5.28 million).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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