ROKU - Roku, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$153.53
DETAILS
HIGH:
$185.00
LOW:
$100.00
MEDIAN:
$160.00
CONSENSUS:
$153.53
UPSIDE:
12.45%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||
| Revenue | 4,737.3 | 4,112.9 | 3,484.6 | 3,126.5 | 2,764.6 | 1,778.4 | 1,128.9 | 742.5 | 512.8 | 398.6 | 319.9 |
| Cost of Revenue | 2,662.8 | 2,307.3 | 1,962.0 | 1,685.4 | 1,356.0 | 970.2 | 633.7 | 410.4 | 312.9 | 277.6 | 230.1 |
| Gross Profit | 2,074.4 | 1,805.6 | 1,522.6 | 1,441.1 | 1,408.6 | 808.2 | 495.2 | 332.1 | 199.8 | 121.0 | 89.8 |
| Operating Expenses | |||||||||||
| R&D Expenses | 729.5 | 720.1 | 878.5 | 788.9 | 461.6 | 355.8 | 265.0 | 170.7 | 107.9 | 76.2 | 50.5 |
| SG&A Expenses | 1,350.6 | 1,303.7 | 1,436.5 | 1,183.1 | 711.9 | 472.7 | 295.3 | 174.8 | 111.5 | 88.2 | 76.9 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 2,080.0 | 2,023.8 | 2,315.0 | 1,972.0 | 1,173.5 | 828.5 | 560.3 | 345.4 | 219.4 | 164.4 | 127.3 |
| Operating Income | |||||||||||
| Operating Income | (5.6) | (218.2) | (792.4) | (530.9) | 235.1 | (20.3) | (65.1) | (13.3) | (19.6) | (43.4) | (37.6) |
| Interest Expense | 1.9 | 0.4 | 0.7 | 5.2 | 3.0 | 3.4 | 2.4 | 0.3 | 1.6 | 0 | 0.7 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 |
| Profitability | |||||||||||
| EBITDA | 436.4 | 219.9 | (362.9) | (148.6) | 408.8 | 49.9 | (20.6) | (0.6) | (56.2) | (38.1) | (37.2) |
| EBIT | 95.8 | (119.5) | (698.7) | (487.1) | 239.6 | (15.0) | (58.6) | (9.0) | (61.6) | (43.4) | (39.8) |
| Income Before Tax | 93.9 | (120.0) | (699.4) | (492.3) | 236.6 | (18.5) | (60.9) | (9.3) | (63.2) | (42.5) | (40.5) |
| Income Tax Expense | 5.5 | 9.4 | 10.1 | 5.7 | (5.8) | (0.9) | (1.0) | (0.5) | 0.3 | 0.2 | 0.1 |
| Net Income | 88.4 | (129.4) | (709.6) | (498.0) | 242.4 | (17.5) | (59.9) | (8.9) | (63.5) | (42.8) | (40.6) |
| Per Share Data | |||||||||||
| EPS (Basic) | 0.60 | -0.89 | -5.01 | -3.62 | 1.83 | -0.14 | -0.52 | -0.08 | -2.24 | -0.50 | -8.71 |
| EPS (Diluted) | 0.59 | -0.89 | -5.01 | -3.62 | 1.71 | -0.14 | -0.52 | -0.08 | -0.58 | -0.50 | -8.71 |
| Shares Outstanding | 147.2 | 144.6 | 141.6 | 137.7 | 132.7 | 124.0 | 115.2 | 104.6 | 28.3 | 85.7 | 4.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||
| Cash & Cash Equivalents | 1,587.1 | 2,160.2 | 2,025.9 | 1,962.0 | 2,146.0 | 1,092.8 | 515.5 | 155.6 | 177.2 | 34.6 | 75.7 |
| Short-Term Investments | 730.2 | 0 | 0 | 0 | 0 | 0 | 0 | 42.1 | 0 | 0 | 0 |
| Net Receivables | 879.9 | 812.5 | 816.3 | 760.8 | 752.4 | 523.9 | 332.7 | 183.1 | 120.6 | 79.5 | 53.5 |
| Inventory | 114.6 | 158.3 | 92.1 | 106.7 | 50.3 | 53.9 | 49.7 | 35.6 | 32.7 | 43.6 | 30.3 |
| Other Current Assets | 89.7 | 103.1 | 138.6 | 42.6 | 0 | 0 | 1.9 | 0 | 3.0 | 2.6 | 0.8 |
| Total Current Assets | 3,401.5 | 3,234.2 | 3,072.9 | 2,964.9 | 3,054.5 | 1,697.6 | 925.7 | 432.9 | 344.9 | 165.2 | 164.9 |
| Non-Current Assets | |||||||||||
| Property, Plant & Equipment | 433.9 | 518.2 | 636 | 856.7 | 523.2 | 421.4 | 386.6 | 25.3 | 14.7 | 9.5 | 7.9 |
| Goodwill | 309.4 | 161.5 | 161.5 | 161.5 | 161.5 | 73.1 | 74.1 | 1.4 | 1.4 | 0 | 0 |
| Intangible Assets | 50.2 | 264.8 | 299.1 | 351.6 | 307.8 | 62.2 | 76.7 | 1.5 | 2.0 | 0 | 0 |
| Long-Term Investments | 0 | 75.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 238.4 | 50.0 | 92.2 | 77.8 | 35.1 | 16.3 | 7.2 | 3.9 | 8.8 | 4.3 | 3.7 |
| Total Non-Current Assets | 1,032.0 | 1,069.8 | 1,188.8 | 1,447.7 | 1,027.6 | 572.9 | 544.6 | 32.1 | 27.0 | 13.9 | 11.6 |
| Total Assets | 4,433.5 | 4,303.9 | 4,261.8 | 4,412.6 | 4,082.1 | 2,270.5 | 1,470.2 | 465.0 | 371.9 | 179.1 | 176.5 |
| Current Liabilities | |||||||||||
| Account Payables | 158.6 | 274.0 | 385.3 | 164.8 | 124.9 | 112.3 | 115.2 | 56.6 | 56.4 | 31.4 | 34.2 |
| Short-Term Debt | 0 | 0 | 0 | 80.0 | 9.9 | 4.9 | 4.9 | 0 | 0 | 15 | 0 |
| Deferred Revenue | 120.9 | 105.7 | 102.2 | 87.7 | 45.8 | 55.5 | 39.9 | 48.6 | 35.0 | 24.0 | 14.6 |
| Other Current Liabilities | 958.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 1,237.5 | 1,232.5 | 1,275.5 | 1,083.3 | 729.6 | 520.3 | 358.3 | 194.0 | 163.3 | 116.5 | 76.5 |
| Non-Current Liabilities | |||||||||||
| Long-Term Debt | 435.9 | 0 | 0 | 0 | 80.0 | 89.9 | 94.7 | 0 | 0 | 0 | 15 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 224.1 |
| Other Non-Current Liabilities | (362.6) | 40.9 | 49.2 | 69.9 | 82.5 | 3.1 | 1.7 | 6.7 | 7.8 | 227.3 | 226.1 |
| Total Non-Current Liabilities | 538.0 | 578.7 | 659.9 | 682.8 | 585.9 | 422.2 | 413.5 | 26.3 | 56.4 | 256.4 | 259.8 |
| Total Liabilities | 1,775.5 | 1,811.2 | 1,935.5 | 1,766.0 | 1,315.5 | 942.5 | 771.8 | 220.3 | 219.6 | 372.9 | 336.2 |
| Stockholders' Equity | |||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (1,488.6) | (1,427.0) | (1,297.6) | (588.0) | (90.0) | (332.4) | (313.8) | (253.9) | (283.3) | (219.8) | (177.1) |
| Accumulated Other Comprehensive Income | 1.0 | (1.7) | 0.2 | (0.3) | 0.0 | 0.0 | 0.0 | (0.0) | (371.9) | (213.2) | 0 |
| Total Stockholders' Equity | 2,657.9 | 2,492.7 | 2,326.3 | 2,646.6 | 2,766.6 | 1,328.0 | 698.4 | 244.7 | 152.3 | (193.8) | (159.7) |
| Total Liabilities & Equity | 4,433.5 | 4,303.9 | 4,261.8 | 4,412.6 | 4,082.1 | 2,270.5 | 1,470.2 | 465.0 | 371.9 | 179.1 | 176.5 |
| Debt Metrics | |||||||||||
| Total Debt | 871.8 | 591.9 | 654.3 | 719.3 | 521.7 | 438.3 | 419.2 | 0 | 0 | 15 | 15 |
| Net Debt | (715.3) | (1,568.3) | (1,371.6) | (1,242.6) | (1,624.3) | (654.5) | (96.3) | (155.6) | (177.2) | (19.6) | (60.7) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Net Income | 88.4 | (129.4) | (709.6) | (498.0) | 242.4 | (17.5) | (59.9) | (8.9) | (63.5) | (42.8) | (40.6) |
| Depreciation & Amortization | 340.6 | 339.4 | 335.8 | 338.5 | 169.2 | 64.9 | 38.0 | 8.4 | 5.3 | 5.3 | 2.6 |
| Stock-Based Compensation | 354.2 | 384.7 | 370.1 | 359.9 | 187.5 | 134.1 | 85.2 | 37.7 | 11.0 | 8.2 | 5.3 |
| Change in Working Capital | (306.7) | (408.8) | (7.3) | (190.3) | (370.0) | (60.0) | (54.2) | (25.6) | 40.4 | (7.5) | (4.4) |
| Other Non-Cash Items | 7.3 | 32.1 | 266.7 | 1.7 | (1.0) | 26.7 | 4.7 | 2.3 | 44.1 | 4.3 | 4.5 |
| Operating Cash Flow | 483.7 | 218.0 | 255.9 | 11.8 | 228.1 | 148.2 | 13.7 | 13.9 | 37.3 | (32.5) | (32.6) |
| Investing Activities | |||||||||||
| Capital Expenditure | (5.3) | (5.1) | (82.6) | (161.7) | (40.0) | (82.4) | (84.6) | (18.3) | (9.2) | (8.6) | (5.0) |
| Acquisitions | 0 | 0 | 0 | 0 | (136.8) | 0 | (68.1) | 0 | (3.0) | 0 | 0 |
| Purchases of Investments | (732) | (20) | (10) | (40) | 0 | 0 | (12.4) | (53.8) | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 54.8 | 12 | 0 | 0 | 0 |
| Other Investing Activities | (45.1) | 0 | 0 | 0 | 0 | 1.1 | (7.4) | 0 | (0.1) | 0.0 | (0.2) |
| Investing Cash Flow | (782.4) | (25.1) | (92.6) | (201.7) | (176.8) | (81.3) | (110.3) | (60.1) | (12.3) | (8.6) | (5.2) |
| Financing Activities | |||||||||||
| Net Debt Issuance | 0 | 0 | (80) | (10) | (5) | (5) | 99.6 | 0 | (15.8) | 0 | 12.4 |
| Stock Repurchased | (150.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (164.8) | (98.6) | 0 | 0 | 0 | 0 | 0 | (0.5) | 0 | (0.6) | (1.1) |
| Financing Cash Flow | (280.1) | (89.2) | (61.2) | 8.4 | 1,003.1 | 509.0 | 458.3 | 24.5 | 117.7 | (0.2) | 58.5 |
| Cash Position | |||||||||||
| Net Change in Cash | (573.6) | 94.0 | 104.6 | (185.7) | 1,054.4 | 575.9 | 361.8 | (21.7) | 142.7 | (41.2) | 20.7 |
| Cash at Beginning | 2,160.6 | 2,066.6 | 1,962.0 | 2,147.7 | 1,093.2 | 517.3 | 155.6 | 177.2 | 34.6 | 75.7 | 55.0 |
| Cash at End | 1,587.1 | 2,160.6 | 2,066.6 | 1,962.0 | 2,147.7 | 1,093.2 | 517.3 | 155.6 | 177.2 | 34.6 | 75.7 |
| Free Cash Flow | 478.4 | 213.0 | 173.2 | (149.9) | 188.0 | 65.8 | (70.9) | (4.4) | 28.1 | (41.1) | (37.6) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 4,737.3 | 4,112.9 | 3,484.6 | 3,126.5 | 2,764.6 | 1,778.4 | 1,128.9 | 742.5 | 512.8 | 398.6 | 319.9 |
| Gross Profit | 2,074.4 | 1,805.6 | 1,522.6 | 1,441.1 | 1,408.6 | 808.2 | 495.2 | 332.1 | 199.8 | 121.0 | 89.8 |
| Operating Income | (5.6) | (218.2) | (792.4) | (530.9) | 235.1 | (20.3) | (65.1) | (13.3) | (19.6) | (43.4) | (37.6) |
| Net Income | 88.4 | (129.4) | (709.6) | (498.0) | 242.4 | (17.5) | (59.9) | (8.9) | (63.5) | (42.8) | (40.6) |
| EPS (Diluted) | 0.59 | -0.89 | -5.01 | -3.62 | 1.71 | -0.14 | -0.52 | -0.08 | -0.58 | -0.50 | -8.71 |
| Balance Sheet | |||||||||||
| Cash & Equivalents | 1,587.1 | 2,160.2 | 2,025.9 | 1,962.0 | 2,146.0 | 1,092.8 | 515.5 | 155.6 | 177.2 | 34.6 | 75.7 |
| Total Assets | 4,433.5 | 4,303.9 | 4,261.8 | 4,412.6 | 4,082.1 | 2,270.5 | 1,470.2 | 465.0 | 371.9 | 179.1 | 176.5 |
| Total Debt | 871.8 | 591.9 | 654.3 | 719.3 | 521.7 | 438.3 | 419.2 | 0 | 0 | 15 | 15 |
| Stockholders' Equity | 2,657.9 | 2,492.7 | 2,326.3 | 2,646.6 | 2,766.6 | 1,328.0 | 698.4 | 244.7 | 152.3 | (193.8) | (159.7) |
| Cash Flow | |||||||||||
| Operating Cash Flow | 483.7 | 218.0 | 255.9 | 11.8 | 228.1 | 148.2 | 13.7 | 13.9 | 37.3 | (32.5) | (32.6) |
| Capital Expenditure | (5.3) | (5.1) | (82.6) | (161.7) | (40.0) | (82.4) | (84.6) | (18.3) | (9.2) | (8.6) | (5.0) |
| Free Cash Flow | 478.4 | 213.0 | 173.2 | (149.9) | 188.0 | 65.8 | (70.9) | (4.4) | 28.1 | (41.1) | (37.6) |