Full text
Earnings transcript
Read the complete earnings call transcript.
ROKU
Roku, Inc.
$97.66
2.76
(2.91%)
| Exchange: | NASDAQ |
| Market Cap: | 14.398B |
| Shares Outstanding: | 85.71M |
About The Company
| Sector: | Communication Services | |||||
| Industry: | Entertainment | |||||
| CEO: | Anthony J. Wood | |||||
| Full Time Employees: | 3340 | |||||
| Address: |
| |||||
| Website: | https://www.roku.com |
Roku, Inc., together with its subsidiaries, operates a TV streaming platform. The company operates in two segments, Platform and Player. Its platform allows users to discover and access various movies and TV episodes, as well as live TV, news sports, shows, and others. As of December 31, 2021, the company had 60.1 million active accounts. It also provides digital and video advertising, content distribution, subscription, and billing services, as well as other commerce transactions, and brand sponsorship and promotions; and manufactures, sells, and licenses smart TVs under the Roku TV name. In addition, the company offers streaming players, and audio products and accessories under the Roku brand name; and sells branded channel buttons on remote controls of streaming devices. It provides its products and services through retailers and distributors, as well as directly to customers through its website in the United States, Canada, the United Kingdom, France, Mexico, Brazil, Chile, Peru, North and South Americas, and Europe. Roku, Inc. was incorporated in 2002 and is headquartered in San Jose, California.
Click to read more…
Revenue Segmentation
EPS
Historical EPS and analyst estimates in one chart. Log in for the full interactive view and links to detailed estimates.
Earnings Call
AI summary
Key takeaways
Short, structured highlights from the call so you can focus on what matters.
Log in to continue
Log in to read the full transcript and AI-generated earnings summaries.
Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 3,484,619 | 4,112,898 | 4,737,251 |
| Gross Profit | 1,522,615 | 1,805,645 | 2,074,424 |
| EBITDA | -362,869 | 219,864 | 334,975 |
| Operating Income | -792,377 | -218,167 | -5,624 |
| Net Income | -709,561 | -129,386 | 88,361 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 4,261,792 | 4,303,933 | 4,433,483 |
| Total Liabilities | 1,935,459 | 1,811,196 | 1,775,538 |
| Total Stockholders Equity | 2,326,333 | 2,492,737 | 2,657,945 |
| Total Debt | 654,273 | 591,927 | 871,798 |
| Cash and Cash Equivalents | 2,025,891 | 2,160,236 | 1,587,068 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 255,856 | 218,045 | 483,718 |
| Capital Expenditure | -82,619 | -5,061 | -5,280 |
| Free Cash Flow | 173,237 | 212,984 | 478,438 |
| Net Income | -709,561 | -129,386 | 88,361 |
| Net Change in Cash | 104,648 | 94,035 | -573,571 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2030 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 7,650,065.256 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 7,851,691.512 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 7,772,750.587 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 184,161.312 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 189,015.095 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 187,114.737 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 774,545.281 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 801,211.431 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 790,771.339 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 2,524,863.294 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 2,591,408.966 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 2,565,354.934 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 5.240 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 5.310 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 5.130 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 13 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 5 | Full Access | Full Access | Full Access | Full Access |
Log in to continue
Log in and subscribe to Full Access to see up to 5 years of analyst estimates.
Login — it's free(* All numbers are in thousands)
Current Key Metrics
Log in to continue
Log in to see all key valuation metrics and ratios for this symbol.
Login — it's freeForward P/E Ratios
Log in to continue
Log in with Full Access for forward P/E high/low estimates and the full multi-year table.
Login — it's freeSWOT Analysis
Strengths (preview)
- Robust Revenue Growth: ROKU has demonstrated consistent revenue increases as per income statement data, reflecting strong market demand for its streaming services and devices. This growth aligns with industry trends in digital media and entertainment, positioning ROKU favorably within the sector.
- Strong Liquidity Position: Balance sheet data indicates a healthy level of cash and cash equivalents alongside a solid current ratio (TTM), suggesting ROKU’s ability to meet short-term obligations and invest in growth initiatives without immediate financial strain.
- Innovative Product Offerings: Insights from earnings call transcripts highlight ROKU’s focus on enhancing user experience and expanding content partnerships, which supports customer retention and market share growth in a competitive streaming landscape.
Log in with Full Access for Weaknesses, Opportunities, Threats, and the complete SWOT.
At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MARKETSnap estimates ROKU intrinsic value between $20.77 – $21.67 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about ROKU valuation
Is Roku, Inc. (ROKU) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Roku, Inc. (ROKU) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is ROKU a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether ROKU trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is ROKU’s P/E ratio?
You can see ROKU’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for ROKU?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is ROKU a good long-term investment?
Whether ROKU fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
ROKU
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
Daily snapshot
2.91
Trading Metrics:
| Open: | 91.88 | Previous Close: | 94.9 | |
| Day Low: | 90.23 | Day High: | 98.85 | |
| Year Low: | 52.43 | Year High: | 116.66 | |
| Price Avg 50: | 94.44 | Price Avg 200: | 96.42 | |
| Volume: | 2.754M | Average Volume: | 3.363M |
Log in to continue
Log in for multi-period charts (1W–5Y), period tabs, and the same layout as members.
Login — it's freeROKU full analysis
Welcome to MARKETSNAP’s SWOT analysis for Roku! Hey everyone, I’m thrilled to dive into this one with you today. Roku is a name most of you already know well as a leader in the streaming space, so I won’t bore you with the basics. Instead, let’s talk about what’s been happening lately with this company, unpack their strengths and weaknesses, and figure out what opportunities and threats lie ahead for long-term investors like us. Whether you’re already holding shares or…
