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Roku, Inc. ROKU Operating margin

Operating margin at other companies

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7%+3.7pp

Other financials

Income statement

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Revenue$1.2B+22.4%
Gross profit$564.9M+26.9%
Operating income$51.8M+190%
Net income$85.7M+412%
EPS (diluted)$0.57+400%

Balance sheet

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Cash & equivalents$1.6B-26.9%
Total debt$501.1M-13.2%
Total equity$2.7B+5.8%
Total assets$4.4B+4.1%

Cash flow

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Operating cash flow$199.1M+43.5%
CapEx$3.1M+62.3%
Free cash flow$196.0M+43.3%

Valuation

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Market cap$21.63B+71.1%
Enterprise value$20.49B+86.9%
P/E107.4×
P/S4.4×+1.5×

Profitability

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Gross margin44.2%+0.4pp
Net margin4.1%+2.9pp
FCF margin10.8%+3.7pp

Returns & leverage

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Return on equity7.8%+5.7pp
Debt / equity0.2×0.0×
Current ratio2.9×0.0×

Where this comes from

Calculated from Roku, Inc.’s reported figures.

Based on trailing twelve months.

The source filing: Roku, Inc.’s 10-Q, filed October 31, 2025. Open the filing →

Filed
Oct 31, 2025
Fiscal quarter
Q3 FY2025
Calendar quarter
Q3 2025
Accession
0001628280-25-047808

FAQ

What is Roku, Inc.'s operating margin?
Roku, Inc. (ROKU) reported operating margin of -2.4% in Q3 2025.
How has Roku, Inc.'s operating margin changed year-over-year?
Roku, Inc.'s operating margin increased by 66.5% year-over-year, from -7.3% to -2.4%.
What is the long-term trend for Roku, Inc.'s operating margin?
Over 3 years (2021 to 2024), Roku, Inc.'s operating margin has grown at a -14.6% compound annual growth rate (CAGR), from 8.5% to -5.3%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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