Company / R&D Expense
ROKU, INC R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$729.5M
FY2025
5-year range
$461.6M / $878.5M
FY2021-FY2025
Trend
+1.3%
vs FY2024
Sector context
#4 of 27
Communication Services
What the data says
ROKU, INC's r&d expense of $729M is higher than 85% of companies in the Communication Services sector (FY2025). Declined from $878M to $729M over the past 2 years.
Based on SEC 10-K filings.
$729M in FY2025 with a 5-year CAGR of +15.4%. Top quartile in the Communication Services sector.
Declined from $878M to $729M over the past 2 years.
Communication Services sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -2.6%
- 5-Year CAGR
- +15.4%
- 10-Year CAGR
- -
Sector benchmark
Top 15% in Communication ServicesTop 15% of 27This company $729.5M Sector average $4.7B
▼
-84.4% below sector average
Key checks
Key Insights
- 5-year CAGR of +15.4%, indicating consistent growth.
- In FY2025, r&d expense increased 1.3% year-over-year.
- Ranks #4 out of 27 companies in the Communication Services sector.
- Peak r&d expense was recorded in FY2023.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $729.5M | +1.3% |
| FY2024 | $720.1M | -18.0% |
| FY2023 | $878.5M | +11.4% |
| FY2022 | $788.9M | +70.9% |
| FY2021 | $461.6M | +29.7% |
| FY2020 | $355.8M | +34.3% |
| FY2019 | $265.0M | +55.3% |
| FY2018 | $170.7M | +58.1% |
| FY2017 | $107.9M | +41.7% |
| FY2016 | $76.2M | +50.9% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026