Roku (ROKU) FCF Margin (2016 - 2026)
Roku's FCF Margin came in at 20.73% for Q2 2026, up 10.96 percentage points from 9.78% a year earlier and up 5.04 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 Jun 30, 2026, Roku reported FCF Margin of 13.63%, up 4.76 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 Q2 2026 figure represents the highest quarterly FCF Margin since Q3 2023.
- Year-over-year, FCF Margin has increased for seven consecutive quarters, with an average year-over-year change of +2.43 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 15.69% (Q1 2026), 7.64% (Q4 2025) and 10.45% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 316.55 Bn | 301.63 Bn | 2.30 Bn | 36.77% |
| 2 | CrowdStrike Holdings | 269.03 Bn | 249.47 Bn | 1.10 Bn | 27.59% |
| 3 | Fortinet | 129.08 Bn | 115.01 Bn | 1.64 Bn | 47.15% |
| 4 | Snowflake | 116.42 Bn | 103.73 Bn | 1.04 Bn | 5.42% |
| 5 | Datadog | 96.40 Bn | 78.04 Bn | 881.34 Mn | 27.28% |
| 6 | Okta | 34.24 Bn | 24.34 Bn | 641.00 Mn | 28.94% |
| 7 | Axon Enterprise | 34.08 Bn | 28.61 Bn | 546.45 Mn | -0.11% |
| 8 | Zscaler | 32.34 Bn | 18.46 Bn | - | - |
| 9 | Baidu | 29.50 Bn | -44.13 Bn | 1.47 Mn | 47.16% |
| 10 | Roku | 22.58 Bn | 13.02 Bn | 673.70 Mn | 20.73% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 13.92% |
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();