What is Roku, Inc.'s R&D?

Roku, Inc. (ROKU) reported R&D of $189.49M in Q1 2026.

How has Roku, Inc.'s R&D changed year-over-year?

Roku, Inc.'s R&D increased by 2.7% year-over-year, from $184.58M to $189.49M.

What is the long-term trend for Roku, Inc.'s R&D?

Over 4 years (2021 to 2025), Roku, Inc.'s R&D has grown at a 12.1% compound annual growth rate (CAGR), from $461.6M to $729.48M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Roku, Inc. ROKU R&D

R&D at other companies

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$1.9M+23.3%

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$28M+27.3%

Cabot CorporationCBT

$14M-6.7%

MillerKnollMLKN

$35.4M+46.3%

Iridium CommunicationsIRDM

$5.53M+29.2%

Spok HoldingsSPOK

$3.46M+11.7%

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$21.35B+61.1%

Enterprise value$20.2B+74.6%

P/E106×—

P/S4.3×+1.3×

Profitability

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Gross margin44.2%+0.4pp

Operating margin-2.4%-1.0pp

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

Reported directly by Roku, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Roku, Inc.’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Roku, Inc.'s R&D?: Roku, Inc. (ROKU) reported R&D of $189.49M in Q1 2026.
How has Roku, Inc.'s R&D changed year-over-year?: Roku, Inc.'s R&D increased by 2.7% year-over-year, from $184.58M to $189.49M.
What is the long-term trend for Roku, Inc.'s R&D?: Over 4 years (2021 to 2025), Roku, Inc.'s R&D has grown at a 12.1% compound annual growth rate (CAGR), from $461.6M to $729.48M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.