Roku, Inc. logo

Roku, Inc.

ROKU

NASDAQCommunication ServicesEntertainment

Latest quote

$157.45

+$0.37 · +0.24%

Aug 21, 3:55 PM ET

ROKU company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

24

Expensive

Momentum

55

Neutral

Sentiment

59

Mixed

Risk resilience

52

Elevated Risk

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Company profile

Company website

Roku, Inc., alongside its affiliated companies, operates a significant platform for television streaming. The enterprise is segmented into two primary areas: Platform and Player. Through its platform, users can effortlessly explore and access a vast selection of content, including films, television series, live broadcasts, news updates, sports events, and other forms of entertainment. As of December 31, 2021, Roku had garnered 60.1 million active user accounts. Beyond its core streaming service, Roku generates revenue from diverse offerings such as digital and video advertisements, content distribution, and the management of subscriptions and billing. The company also facilitates various e-commerce transactions and provides opportunities for brand sponsorship and promotions. Roku further diversifies its business by manufacturing, marketing, and licensing smart televisions under the "Roku TV" brand. Additionally, it offers a line of Roku-branded hardware, which includes streaming devices, audio equipment, and related accessories. A specific revenue stream comes from selling dedicated channel buttons that are integrated into the remote controls of its streaming gadgets. Roku distributes its comprehensive range of products and services through multiple channels: traditional retail outlets, specialized distributors, and directly to consumers via its official website. Its operational footprint extends across the United States, Canada, the United Kingdom, France, Mexico, Brazil, Chile, Peru, and broadly throughout both North and South America, as well as Europe. Roku, Inc. was founded in 2002 and is headquartered in San Jose, California.

Industry
Entertainment
Sector
Communication Services
Headquarters
US
CEO
Anthony J. Wood
Listed since
Sep 28, 2017
Employees
3,600

Market position

Volume
1.1M
0.29× average
Average volume
3.81M
Average daily volume
Market cap
23.36B USD
Beta
2.04
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
15.25B USD
P/E (TTM)
65.62×
P/B (TTM)
8.25×
P/S (TTM)
4.48×
EV / EBITDA
34.94×
Earnings yield
0.55%
Free cash flow yield
3.00%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
45.50%
Operating margin
5.25%
Net margin
6.82%
Return on equity
3.32%
Return on assets
1.99%
Return on invested capital
-0.17%

Financial health

Debt / equity
0.17×
Current ratio
2.75×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends58%29%-1%-30%Gross margin, FY2021: 50.95%Gross margin, FY2022: 46.09%Gross margin, FY2023: 43.70%Gross margin, FY2024: 43.90%Gross margin, FY2025: 43.79%Operating margin, FY2021: 8.50%Operating margin, FY2022: -16.98%Operating margin, FY2023: -22.74%Operating margin, FY2024: -5.30%Operating margin, FY2025: -0.12%Net margin, FY2021: 8.77%Net margin, FY2022: -15.93%Net margin, FY2023: -20.36%Net margin, FY2024: -3.15%Net margin, FY2025: 1.87%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 50.95%. Gross margin FY2022 46.09%. Gross margin FY2023 43.70%. Gross margin FY2024 43.90%. Gross margin FY2025 43.79%. Operating margin FY2021 8.50%. Operating margin FY2022 -16.98%. Operating margin FY2023 -22.74%. Operating margin FY2024 -5.30%. Operating margin FY2025 -0.12%. Net margin FY2021 8.77%. Net margin FY2022 -15.93%. Net margin FY2023 -20.36%. Net margin FY2024 -3.15%. Net margin FY2025 1.87%.

Income trends

Revenue

4.74B USD+15.18%

Operating income

−5.62M USD+97.42%

Net income

88.36M USD+217.75M USD
Income trends across reported periods5.29B USD3.08B USD866.51M USD−1.35B USDRevenue, FY2021: 2.76B USDRevenue, FY2022: 3.13B USDRevenue, FY2023: 3.48B USDRevenue, FY2024: 4.11B USDRevenue, FY2025: 4.74B USDOperating income, FY2021: 235.1M USDOperating income, FY2022: −530.89M USDOperating income, FY2023: −792.38M USDOperating income, FY2024: −218.17M USDOperating income, FY2025: −5.62M USDNet income, FY2021: 242.39M USDNet income, FY2022: −498.01M USDNet income, FY2023: −709.56M USDNet income, FY2024: −129.39M USDNet income, FY2025: 88.36M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.76B USD. Revenue FY2022 3.13B USD. Revenue FY2023 3.48B USD. Revenue FY2024 4.11B USD. Revenue FY2025 4.74B USD. Operating income FY2021 235.1M USD. Operating income FY2022 −530.89M USD. Operating income FY2023 −792.38M USD. Operating income FY2024 −218.17M USD. Operating income FY2025 −5.62M USD. Net income FY2021 242.39M USD. Net income FY2022 −498.01M USD. Net income FY2023 −709.56M USD. Net income FY2024 −129.39M USD. Net income FY2025 88.36M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue4.74B USD4.11B USD3.48B USD3.13B USD2.76B USD
Cost of goods sold2.66B USD2.31B USD1.96B USD1.69B USD1.36B USD
Gross profit2.07B USD1.81B USD1.52B USD1.44B USD1.41B USD
Research and development729.48M USD720.15M USD878.47M USD788.91M USD461.6M USD
Selling, general, and administrative1.35B USD1.3B USD1.44B USD1.18B USD711.9M USD
Operating expenses2.08B USD2.02B USD2.31B USD1.97B USD1.17B USD
Interest expense1.91M USD411K USD730K USD5.16M USD2.98M USD
Depreciation and amortization340.6M USD339.41M USD335.83M USD338.51M USD169.22M USD
Operating income−5.62M USD−218.17M USD−792.38M USD−530.89M USD235.1M USD
Net income88.36M USD−129.39M USD−709.56M USD−498.01M USD242.39M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
91%
10 beats, 1 miss, 0 met estimates
Average EPS surprise
+67.82%
11 comparable reports
Latest EPS result
1.08
Estimate 0.61 · Beat by 78.51%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.20.620.05-0.53Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual -0.24, estimate -0.41, surprise +41.46%, Beat. Q2 2025, reported May 1, 2025: actual -0.19, estimate -0.27, surprise +29.63%, Beat. Q3 2025, reported Jul 31, 2025: actual 0.07, estimate -0.16, surprise +143.75%, Beat. Q4 2025, reported Oct 30, 2025: actual 0.16, estimate 0.07, surprise +128.57%, Beat. Q1 2026, reported Feb 12, 2026: actual 0.53, estimate 0.28, surprise +89.29%, Beat. Q2 2026, reported Apr 30, 2026: actual 0.57, estimate 0.33, surprise +72.57%, Beat. Q3 2026, reported Aug 6, 2026: actual 1.08, estimate 0.605, surprise +78.51%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 0.56, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.46B1.29B1.12B950.95MQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual 1.2B USD, estimate 1.01B USD, surprise +19.24%, Beat. Q2 2025, reported May 1, 2025: actual 1.02B USD, estimate 1.01B USD, surprise +1.29%, Beat. Q3 2025, reported Jul 31, 2025: actual 1.11B USD, estimate 1.21B USD, surprise -7.82%, Miss. Q4 2025, reported Oct 30, 2025: actual 1.21B USD, estimate 1.35B USD, surprise -10.55%, Miss. Q1 2026, reported Feb 12, 2026: actual 1.39B USD, estimate 1.35B USD, surprise +3.03%, Beat. Q2 2026, reported Apr 30, 2026: actual 1.25B USD, estimate 1.2B USD, surprise +3.74%, Beat. Q3 2026, reported Aug 6, 2026: actual 1.35B USD, estimate 1.3B USD, surprise +4.40%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 1.41B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$161.29

2.41% upside
Past 12 months12-month forecast

Price history unavailable

High $185Average $161.29Low $150

Rating distribution

45 ratings
Strong buy00%
Buy2249%
Hold2249%
Sell12%
Strong sell00%

ROKU news

ROKU peers

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