Roku (ROKU) FCF Margin (2016 - 2026)
Roku's FCF Margin came in at 14.51% for Q3 2026, up 4.07 percentage points from 10.45% a year earlier but down 6.22 percentage points from the prior quarter.
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Analysis
Roku (ROKU) FCF Margin (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Roku reported FCF Margin of 14.57%, up 4.69 percentage points year-over-year; for FY2025, it was 10.10%, up 4.92 percentage points from FY2024.
- FCF Margin has increased in each of the last three years, with a five-year change of +6.40 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 5.18% in FY2024 (+0.21 pp), 4.97% in FY2023 (+9.77 pp), -4.79% in FY2022 (-11.60 pp) and 6.80% in FY2021 (+3.10 pp).
- The five-year range for quarterly FCF Margin is -28.02% (Q1 2023) to 26.22% (Q3 2023).
- Year-over-year, FCF Margin has increased for eight consecutive quarters, with an average year-over-year change of +5.42 percentage points over the last eight quarters.
- The fastest year-over-year change in FCF Margin over five years came in Q2 2023 (a gain of 34.74 percentage points), and the weakest in Q1 2023 (a drop of 39.89 percentage points).
- Business Quant data shows ROKU's FCF Margin at 20.73% (Q2 2026), 15.69% (Q1 2026) and 7.64% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 235.00 Bn | 220.07 Bn | 2.30 Bn | 36.77% |
| 2 | CrowdStrike Holdings | 221.18 Bn | 201.58 Bn | 1.10 Bn | 27.59% |
| 3 | Snowflake | 96.49 Bn | 83.81 Bn | 1.04 Bn | 5.42% |
| 4 | Fortinet | 87.26 Bn | 71.51 Bn | 1.64 Bn | 42.43% |
| 5 | Datadog | 64.27 Bn | 44.82 Bn | 959.92 Mn | 23.31% |
| 6 | Zscaler | 31.67 Bn | 17.82 Bn | 689.22 Mn | 8.85% |
| 7 | Okta | 29.42 Bn | 19.51 Bn | 641.00 Mn | 28.94% |
| 8 | Axon Enterprise | 25.30 Bn | 19.82 Bn | 546.45 Mn | -0.11% |
| 9 | MongoDB | 25.20 Bn | 15.67 Bn | 569.77 Mn | 18.06% |
| 10 | Roku | 23.89 Bn | 13.92 Bn | 648.52 Mn | 14.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.51% |
| Jun 30, 2026 | 20.73% |
| Mar 31, 2026 | 15.69% |
| Dec 31, 2025 | 7.64% |
| Sep 30, 2025 | 10.45% |
| Jun 30, 2025 | 9.78% |
| Mar 31, 2025 | 13.40% |
| Dec 31, 2024 | 6.40% |
| Sep 30, 2024 | 6.36% |
| Jun 30, 2024 | 2.33% |
| Mar 31, 2024 | 5.22% |
| Dec 31, 2023 | 1.30% |
| Sep 30, 2023 | 26.22% |
| Jun 30, 2023 | 15.22% |
| Mar 31, 2023 | -28.02% |
| Dec 31, 2022 | -6.69% |
| Sep 30, 2022 | -3.90% |
| Jun 30, 2022 | -19.52% |
| Mar 31, 2022 | 11.86% |
| Dec 31, 2021 | -4.33% |
API Access
Roku FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=ROKU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "ROKU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=ROKU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();