ROKU, INC

For the period ended Dec 31, 2025. Filed Feb 13, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 13, 2026

ROKU$160.52+0.1%Stored close · as of Nov 6, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Operations

(in thousands, except per share data)

	Years Ended December 31,
	2025	2024	2023
Net revenue:
Platform	$4,144,886	$3,522,776	$2,994,105
Devices	592,365	590,122	490,514
Total net revenue	4,737,251	4,112,898	3,484,619
Cost of revenue:
Platform	1,988,442	1,636,816	1,427,546
Devices	674,385	670,437	534,458
Total cost of revenue	2,662,827	2,307,253	1,962,004
Gross profit (loss):
Platform	2,156,444	1,885,960	1,566,559
Devices	(82,020)	(80,315)	(43,944)
Total gross profit	2,074,424	1,805,645	1,522,615
Operating expenses:
Research and development	729,477	720,145	878,474
Sales and marketing	964,355	932,712	1,033,359
General and administrative	386,216	370,955	403,159
Total operating expenses	2,080,048	2,023,812	2,314,992
Loss from operations	(5,624)	(218,167)	(792,377)
Other income, net:
Interest expense	(1,906)	(411)	(730)
Other income, net	101,428	98,620	93,677
Total other income, net	99,522	98,209	92,947
Income (loss) before income taxes	93,898	(119,958)	(699,430)
Income tax expense	5,537	9,428	10,131
Net income (loss)	$88,361	$(129,386)	$(709,561)
Net income (loss) per share — basic	$0.60	$(0.89)	$(5.01)
Net income (loss) per share — diluted	$0.59	$(0.89)	$(5.01)
Weighted-average common shares outstanding — basic	147,154	144,630	141,572
Weighted-average common shares outstanding — diluted	150,912	144,630	141,572

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.