Roku enables consumers to stream television programming. It has more than 90 million streaming households and provided 145 billion streaming hours in 2025. Roku is the top streaming operating system in the US, reaching more than half of broadband households, according to the company. Roku's OS is built into streaming devices and televisions that Roku sells and on connected televisions from other manufacturers that license Roku's name and software. Roku also operates the Roku Channel, a free, ad-supported streaming television platform that offers a mix of on-demand and live television programming. Roku generates revenue primarily from selling devices, licensing, and advertising, and it receives fees from subscription streaming platforms that sell subscriptions through Roku.
The chart shows the growth of an initial investment of $10,000 in Roku, Inc. Class A Common Stock, comparing it to the performance of the S&P 500 index. All prices have been adjusted for splits and dividends.
Returns By Period
Roku, Inc. Class A Common Stock (ROKU) has returned -10.53% so far this year and 83.47% over the past 12 months. Looking at the last ten years, ROKU has achieved an annualized return of 19.99%, outperforming the Benchmark (SPY), which averaged 12.23% per year.
ROKU
1M3.82%
6M-6.84%
YTD-10.53%
1Y83.47%
5Y-23.45%
10Y19.99%
Benchmark (SPY)
1M-3.79%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%
Monthly Returns
The table below presents the monthly returns of Roku, Inc. Class A Common Stock (ROKU) with color gradation from worst to best to easily spot seasonal factors.
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2026
-12.78%
3.96%
-2.01%
1.71%
2025
10.14%
3.96%
-16.81%
-3.66%
3.04%
22.49%
8.55%
13.31%
6.41%
7.18%
-11.58%
13.44%
2024
-2.75%
-28.94%
2.78%
-11.66%
0.21%
2.44%
-3.27%
15.67%
10.38%
-15.31%
8.97%
6.73%
2023
37.96%
12.02%
3.12%
-13.43%
3.05%
9.95%
49.95%
-14.98%
-13.74%
-15.15%
76.19%
-11.52%
2022
-28.87%
-17.31%
-9.90%
-26.56%
2.41%
-13.56%
-20.62%
4.91%
-15.86%
-2.68%
2.88%
-31.20%
2021
14.43%
0.04%
-19.97%
1.57%
0.09%
31.60%
-6.06%
-18.43%
-11.58%
-2.38%
-25.73%
-0.70%
2020
-11.06%
-8.26%
-24.25%
42.66%
-8.40%
6.75%
32.05%
9.55%
6.67%
4.96%
42.75%
14.29%
2019
50.74%
47.25%
-3.97%
-3.94%
40.37%
-0.21%
11.89%
46.02%
-32.55%
44.37%
8.04%
-8.19%
2018
-22.83%
1.04%
-22.66%
6.44%
15.69%
13.50%
8.82%
30.80%
20.63%
-25.69%
-28.51%
-29.35%
2017
68.19%
-19.13%
114.77%
18.38%
Performance Indicators
The charts below present risk-adjusted performance metrics for Roku, Inc. Class A Common Stock (ROKU) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of ROKU compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current Roku, Inc. Class A Common Stock volatility is 3.19%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses. Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
2025
2023
2022
2021
2020
2019
2018
2017
Liabilities And Equity (USD)
4.43B
4.26B
4.41B
4.08B
2.27B
1.47B
465.00M
371.90M
Equity Attributable To Parent (USD)
2.66B
2.33B
2.65B
2.77B
1.33B
698.43M
244.65M
152.28M
Equity Attributable To Noncontrolling Interest (USD)
Roku's stock shows recent operational improvements with positive free cash flow and profitability, but analyst Daniel Sparks warns against buying at current valuations. With a P/E ratio of 165, the stock price already reflects strong momentum while ignoring significant execution risks. Roku faces intense competition from tech giants across hardware, advertising, and content, while operating with negative device margins, leaving little room for error.
The Motley Fool•Daniel Sparks
AI Insight
Despite recent financial improvements (18% platform revenue growth, swing to profitability, $484M free cash flow), the stock is overvalued at a P/E ratio of 165. The company faces structural challenges competing against trillion-dollar tech giants on multiple fronts while operating with negative device margins, leaving insufficient margin of safety for investors.
Roku launched its Howdy streaming service on Prime Video for $2.99/month, expanding beyond its own platform to reach a broader audience. The company also added Apple TV to its premium subscriptions. Despite these strategic moves, Roku shares fell 2.50% on Tuesday amid broader tech sector weakness, though technical indicators show mixed momentum with neutral RSI and bullish MACD.
Benzinga•Lekha Gupta
AI Insight
While the company announced strategic expansion of its Howdy service to Prime Video and added Apple TV integration—positive business developments—the stock declined 2.50% on the news day. Technical indicators are mixed (neutral RSI at 53.21 but bullish MACD), and the stock faces headwinds from broader tech sector weakness. The expansion is positive long-term but hasn't translated to immediate positive price action.
The article discusses an undervalued stock opportunity during a market decline, highlighting a company whose management team has successfully adapted to unprecedented circumstances over the past six years. The piece emphasizes that the price paid for a stock significantly impacts investment returns.
The Motley Fool•Parkev Tatevosian, Cfa
AI Insight
The article features Roku as the undervalued stock recommendation, praising its management team for excellent adaptation to unprecedented circumstances. The stock is presented as a buying opportunity during market decline, with recent positive price movement (+4.87% mentioned in the data).
Roku, a streaming aggregation platform, has gained 51% over two years and is positioned to benefit from the consolidation of multiple streaming services. With free cash flow expected to more than double to over $1 billion by 2028, the stock trades at a reasonable valuation. However, it faces significant competition from tech giants like Apple, Alphabet, and Amazon, which limits its upside potential.
The Motley Fool•Neil Patel
AI Insight
Strong 51% gain over two years, impressive 15% revenue growth, expected 27% annualized FCF growth through 2028, leading market share in North America, and reasonable valuation at 3x price-to-sales ratio make it an attractive investment opportunity.
The Trump administration sued California over emissions targets. Major tech developments include Nvidia's $26B AI investment commitment, Meta's acquisition of Moltbook, Oracle's $2.2B TikTok investment, and Amazon's major bond offering for AI funding. Multiple companies announced AI partnerships and expansions, while some faced challenges including Meta's underperforming AI model and Atlassian's 10% workforce reduction.
Benzinga•Lekha Gupta
AI Insight
Expanded streaming partnership with X Games through new multi-year rights agreement
The article recommends two Cathie Wood-backed stocks for long-term investors: Robinhood Markets and Roku. Robinhood is expanding its financial services platform with strong revenue growth (52% YoY in 2025) and new revenue streams like premium services and prediction markets, despite trading at a premium valuation. Roku leads the connected TV space with growing engagement and a shift toward higher-margin advertising revenue, positioning both companies for significant growth over the next decade.
The Motley Fool•Prosper Junior Bakiny
AI Insight
Market leader in connected TV with strong network effects and first-mover advantage. Turned profitable in 2025 with 15% revenue growth and 15% streaming hours growth. Platform revenue (advertising) growing faster than device revenue with stronger margins, positioning the company well as streaming captures more television viewing time.
Nvidia reported 73% year-over-year revenue growth and expects 77% growth next quarter, but shares fell 4% as investors question sustainability of growth rates and margin compression risks. The podcast discusses concerns about pricing power erosion as competitors develop proprietary chips and the company's high valuation at 46x earnings. Mercado Libre shares dropped 8% despite strong growth metrics, with concerns about margin compression from rising credit provisions. Trade Desk shares fell 6% as growth decelerates to 14%, the slowest since going public, with Amazon's 22% advertising growth posing competitive pressure.
The Motley Fool•Motley Fool Staff
AI Insight
Mentioned as potential merger partner with Trade Desk to improve monetization of connected TV platform, but no direct earnings impact discussed.
Fast Company and Texas A&M University will host 'In Good Company,' a daylong event on March 16, 2026, during SXSW in Austin dedicated to business as a force for good. The event will feature leaders from major companies including Roku, NASA, The Farmer's Dog, and others discussing how organizations can drive growth while prioritizing purpose and social impact. The day concludes with a celebratory party featuring The Voice Season 28 winner Aiden Ross.
GlobeNewswire Inc.•Not Specified
AI Insight
Roku's CEO Anthony Wood is featured as a speaker at a prestigious event focused on business innovation and positive impact, positioning the company as a leader in responsible business practices.
Roku has emerged as a profitable streaming platform after years of losses, reporting $4.7 billion in revenue for 2025 (161% growth since 2020) and $88 million in net income. As a neutral aggregation platform connecting multiple content providers to viewers across 17 countries, Roku benefits from the shift away from cable TV. With shares trading 82% below their 2021 peak and a P/S ratio of 2.7, analysts project 84% annual EPS growth over the next three years.
The Motley Fool•Neil Patel
AI Insight
Roku has achieved profitability after years of losses, demonstrated strong revenue growth (161% since 2020, 16% YoY in Q4 2025), generated record free cash flow of $484 million, and is positioned as a neutral platform benefiting from cord-cutting trends. The stock trades at an attractive valuation 82% below its 2021 high with consensus analyst estimates projecting 84% annual EPS growth over three years.
Roku stock jumped 8.45% following strong Q4 earnings with a swing to profitability and accelerated revenue growth. Despite positive business momentum and upbeat 2026 guidance, the analyst argues the stock is not a buy due to a premium 40x P/E valuation and intense competition from deep-pocketed tech giants that could threaten Roku's market leadership.
The Motley Fool•Daniel Sparks
AI Insight
While Roku demonstrated strong operational performance with accelerated revenue growth (16% YoY), improved profitability (swing from $36M loss to $80M profit), and positive 2026 guidance, the analyst maintains a neutral stance due to concerns about premium valuation (40x forward earnings) and competitive threats from larger tech companies that could undermine its market position.