Roku, Inc.

ROKUNASDAQCommunication Services● Active

$124.23

+$1.97(+1.61%)

Market Cap$18.3B

P/E Ratio—

52W High$133.46

52W Low$73.65

Avg Volume2.5M

Open$125.85

Beta2.03

Free Cash Flow Financials Revenue

Roku, Inc. (ROKU) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ROKU · free cash flow · updated Jun 8, 2026

Core FCF metrics

ROKU · FCF · TTM · margin & CAGR

Free cash flow was $478.4M for FY2025 (fiscal year ending 2025-12-31), up 124.6% year-over-year The FCF margin was 10.1%. Five-year CAGR stands at +48.7%.

FY2025 Free Cash Flow$478.4M▲ +124.6% YoY

Trailing 12M (TTM)$652.7Mtrailing 4 quarters sum

FCF Margin10.1%$478.4M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGR+48.7%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ROKU · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$483.7M(5M)$478.4M▲ +124.6%10.1%

FY2024$218.0M(5M)$213.0M▲ +22.9%5.2%

FY2023$255.9M(83M)$173.2M▲ +215.6%5.0%

FY2022$11.8M(162M)−$149.9M▼ 179.7%-4.8%

FY2021$228.1M(40M)$188.0M▲ +185.7%6.8%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ROKU · P/FCF · FCF yield · FCF per share

Roku, Inc. (ROKU) trades at a FCF yield of 3.54% and a price-to-free-cash-flow ratio of 28.0x. FCF per share stands at $4.44, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

3.54%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$4.44

TTM FCF ÷ Shares Outstanding

Price / FCF

x28.0

Share Price ÷ FCF per Share

EV / FCF (TTM)

x26.4

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

ROKU · cash flow statement · operating / investing / financing

For FY2025, Roku, Inc. generated $483.7M in operating cash flow and spent 5M in capital expenditures, yielding $478.4M in free cash flow.

Operating Activities

+$483.7M

Cash from core business operations

2025-12-31

Investing Activities

−$782.4M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$280.1M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($483.7M) − |CapEx| (5M) = FCF ($478.4M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Communication Services)

ROKU vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Roku, Inc.YOU

ROKU

$478.4M+124.6%10.1%

About Free Cash Flow & Methodology

Roku, Inc. (ROKU) reported free cash flow of $478.4M for FY2025 (fiscal year ending 2025-12-31), up 124.6% year-over-year. The FCF margin was 10.1%.

Based on available data, Roku, Inc. has maintained positive free cash flow for at least 6 fiscal year(s). FCF peaked at $478.4M in FY2025. The 5-year CAGR stands at +48.7%.

Roku, Inc.'s FCF yield is 3.54% and price-to-FCF ratio is 28.0x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ROKU free cash flow · 8 questions

Roku, Inc. free cash flow was $478.4M for FY2025, up 124.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $652.7M.

ROKU free cash flowROKU FCFROKU FCF 2025ROKU free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Roku, Inc. · Roku, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026