Roku, Inc.

Roku, Inc. reported total net revenue of $4.74 billion for the fiscal year ended December 31, 2025, generating a total gross profit of $2.07 billion. The company achieved a net income of $88.4 million, a significant improvement in profitability, resulting in basic and diluted earnings per share of $1.00. Operating expenses totaled $2.08 billion, including $729.5 million in research and development and $964.4 million in sales and marketing. Despite a slight operating loss of $5.6 million, substantial other income of $99.5 million drove positive pre-tax income. The balance sheet reflects a strong liquidity position with $1.59 billion in cash and cash equivalents and $730.2 million in short-term investments, totaling $4.43 billion in assets. Operating cash flow remained robust at $483.7 million, although the company utilized $782.4 million in investing activities and $280.1 million in financing activities, largely due to $150.0 million in common stock repurchases and significant investment purchases.

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