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Roku, Inc. ROKU Acquisitions

Acquisitions at other companies

Dycom Industries logo
Dycom IndustriesDY
$12.83M
HEICO logo
HEICOHEI
$379.87M+1,110%
Barnes Group logo
Barnes GroupB
-$159K
Nucor logo
NucorNUE
$1M+200%
Oneok logo
OneokOKE
$183M+123%
HP logo
HPHPQ
$29M-32.6%

Other financials

Income statement

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Revenue$1.4B+21.9%
Gross profit$673.7M+35.4%
Operating income$146.2M+726%
Net income$164.2M+1,464%
EPS (diluted)$1.08+1,443%

Balance sheet

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Cash & equivalents$2.0B-11.2%
Total debt$474.1M-16.4%
Total equity$2.8B+9.0%
Total assets$4.6B+6.8%

Cash flow

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Operating cash flow$284.6M+159%
CapEx$3.8M+236%
Free cash flow$280.9M+159%

Valuation

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Market cap$22.26B+77.9%
Enterprise value$20.73B+91.5%
P/E62.7×
P/S4.3×+1.4×

Profitability

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Gross margin45.5%+1.5pp
Operating margin-2.4%-1.0pp
Net margin6.8%+5.8pp
FCF margin13.6%+4.8pp

Returns & leverage

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Return on equity13.1%+11.3pp
Debt / equity0.2×-0.1×
Current ratio2.9×0.0×

Where this comes from

Reported directly by Roku, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesNetOfCashAcquired.

The source filing: Roku, Inc.’s 10-K, filed February 13, 2026.

Filed
Feb 13, 2026, 4:14 PM EST
Fiscal year
FY2025
Accession
0001628280-26-008114
Line itemYears Ended December 31, 2025Years Ended December 31, 2024Years Ended December 31, 2023
Net cash provided by operating activities483,718218,045255,856
Cash flows from investing activities:
Purchases of property and equipment(5,280)(5,061)(82,619)
Purchase of business, net of cash acquired(95,090)
Purchases of strategic investments(7,000)(20,000)(10,000)
Purchases of short-term investments(725,000)
Repayments of convertible promissory notes50,000
Net cash used in investing activities(782,370)(25,061)(92,619)

Item 8. Financial Statements and Supplementary Data

FAQ

What is Roku, Inc.'s acquisitions?
Roku, Inc. (ROKU) reported acquisitions of $23.77M in Q4 2025.
What does acquisitions mean?
Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

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