Roku Inc. (ROKU) Financial Statements (2024 and earlier)

Company Profile

Business Address 1173 COLEMAN AVENUE
SAN JOSE, CA 95110
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 4841 - Cable and Other Pay Television Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,025,8911,961,9562,146,0431,092,815515,479197,710
Cash and cash equivalents2,025,8911,961,9562,146,0431,092,815515,479155,564
Short-term investments      42,146
Restricted cash and investments40,713     
Receivables816,337760,793752,393523,852332,673183,078
Inventory, net of allowances, customer advances and progress billings92,129106,74750,27653,89549,71435,585
Inventory92,129106,74750,27653,89549,71435,585
Contract with customer, asset, after allowance for credit loss      753
Deferred costs      1,188
Other undisclosed current assets97,872135,383105,79527,07827,79714,621
Total current assets:3,072,9422,964,8793,054,5071,697,640925,663432,935
Noncurrent Assets
Operating lease, right-of-use asset371,444521,695345,660266,197283,291
Property, plant and equipment264,556335,031177,567155,197103,26225,264
Intangible assets, net (including goodwill)203,272220,400245,645135,239150,7842,859
Goodwill161,519161,519161,51973,05874,1161,382
Intangible assets, net (excluding goodwill)41,75358,88184,12662,18176,6681,477
Other noncurrent assets92,18377,830258,76616,2697,2343,939
Other undisclosed noncurrent assets257,395292,766    
Total noncurrent assets:1,188,8501,447,7221,027,638572,902544,57132,062
TOTAL ASSETS:4,261,7924,412,6014,082,1452,270,5421,470,234464,997
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,173,370915,610673,976459,982313,574148,562
Accounts payable385,330164,800124,921112,314115,22756,576
Accrued liabilities788,040750,810549,055347,668198,34791,986
Deferred revenue102,15787,67845,76055,46539,861
Debt  79,9859,8834,8744,866 
Other undisclosed current liabilities      45,442
Total current liabilities:1,275,5271,083,273729,619520,321358,301194,004
Noncurrent Liabilities
Long-term debt and lease obligation   474,709397,804396,436 
Long-term debt, excluding current maturities   79,98589,86894,742 
Liabilities, other than long-term debt659,932682,772111,21124,40217,0716,748
Deferred revenue24,57228,21028,72621,28315,370
Other liabilities49,18669,91182,4853,1191,7016,748
Operating lease, liability586,174584,651394,724307,936301,694
Other undisclosed noncurrent liabilities      19,594
Total noncurrent liabilities:659,932682,772585,920422,206413,50726,342
Total liabilities:1,935,4591,766,0451,315,539942,527771,808220,346
Equity
Equity, attributable to parent2,326,3332,646,5562,766,6061,328,015698,426244,651
Common stock141414131211
Additional paid in capital3,623,7473,234,8602,856,5721,660,3791,012,218498,553
Accumulated other comprehensive income (loss)159(292)412929(17)
Accumulated deficit(1,297,587)(588,026)(90,021)(332,406)(313,833)(253,896)
Total equity:2,326,3332,646,5562,766,6061,328,015698,426244,651
TOTAL LIABILITIES AND EQUITY:4,261,7924,412,6014,082,1452,270,5421,470,234464,997

Income Statement (P&L) ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues3,484,6193,126,5342,764,5841,778,3881,128,921742,506
Cost of revenue
(Cost of Goods and Services Sold)
(1,962,004)(1,685,412)(1,355,984)(970,169)(633,697)(410,358)
Gross profit:1,522,6151,441,1221,408,600808,219495,224332,148
Operating expenses(2,314,992)(1,972,010)(1,173,500)(828,472)(560,283)(345,444)
Operating income (loss):(792,377)(530,888)235,100(20,253)(65,059)(13,296)
Nonoperating income92,94738,6051,4871,8014,1403,963
Other nonoperating income93,67743,7664,4675,2336,5064,309
Interest and debt expense     (431) 
Income (loss) from continuing operations before equity method investments, income taxes:(699,430)(492,283)236,587(18,452)(61,350)(9,333)
Other undisclosed income from continuing operations before income taxes     431 
Income (loss) from continuing operations before income taxes:(699,430)(492,283)236,587(18,452)(60,919)(9,333)
Income tax expense (benefit)(10,131)(5,722)5,798945982476
Income (loss) from continuing operations:(709,561)(498,005)242,385(17,507)(59,937)(8,857)
Income (loss) before gain (loss) on sale of properties:242,385(17,507)(59,937)(8,857)
Net income (loss) available to common stockholders, diluted:(709,561)(498,005)242,385(17,507)(59,937)(8,857)

Comprehensive Income ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income (loss):(709,561)(498,005)242,385(17,507)(59,937)(8,857)
Other comprehensive income (loss) 451(333)12 46 
Other undisclosed comprehensive income      
Comprehensive income (loss):(709,110)(498,338)242,397(17,507)(59,891)(8,857)
Other undisclosed comprehensive loss, net of tax, attributable to parent     (17)
Comprehensive income (loss), net of tax, attributable to parent:(709,110)(498,338)242,397(17,507)(59,891)(8,874)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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