Roku Research and Development Expenses 2016-2024 | ROKU
Roku annual/quarterly research and development expenses history and growth rate from 2016 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
- Roku research and development expenses for the quarter ending September 30, 2024 were $0.179B, a 36.64% decline year-over-year.
- Roku research and development expenses for the twelve months ending September 30, 2024 were $0.719B, a 21.5% decline year-over-year.
- Roku annual research and development expenses for 2023 were $0.878B, a 11.35% increase from 2022.
- Roku annual research and development expenses for 2022 were $0.789B, a 70.91% increase from 2021.
- Roku annual research and development expenses for 2021 were $0.462B, a 29.74% increase from 2020.
Roku Annual Research and Development Expenses (Millions of US $) |
2023 |
$878 |
2022 |
$789 |
2021 |
$462 |
2020 |
$356 |
2019 |
$265 |
2018 |
$171 |
2017 |
$108 |
2016 |
$76 |
2015 |
$50 |
Roku Quarterly Research and Development Expenses (Millions of US $) |
2024-09-30 |
$179 |
2024-06-30 |
$175 |
2024-03-31 |
$180 |
2023-12-31 |
$184 |
2023-09-30 |
$282 |
2023-06-30 |
$192 |
2023-03-31 |
$220 |
2022-12-31 |
$221 |
2022-09-30 |
$208 |
2022-06-30 |
$197 |
2022-03-31 |
$164 |
2021-12-31 |
$126 |
2021-09-30 |
$120 |
2021-06-30 |
$113 |
2021-03-31 |
$102 |
2020-12-31 |
$95 |
2020-09-30 |
$88 |
2020-06-30 |
$84 |
2020-03-31 |
$88 |
2019-12-31 |
$79 |
2019-09-30 |
$68 |
2019-06-30 |
$62 |
2019-03-31 |
$56 |
2018-12-31 |
$51 |
2018-09-30 |
$45 |
2018-06-30 |
$40 |
2018-03-31 |
$34 |
2017-12-31 |
$31 |
2017-09-30 |
$29 |
2017-06-30 |
$26 |
2017-03-31 |
$22 |
2016-12-31 |
|
2016-09-30 |
$18 |
2015-12-31 |
|
Sector |
Industry |
Market Cap |
Revenue |
Consumer Discretionary |
Broadcasting - Radio & TV |
$11.552B |
$3.485B |
Roku is the leading TV streaming platform provider in the United States based on hours streamed. The company reported over 60 million active accounts attributed to the sale of stand-alone streaming devices, partnerships with TV brand partners like TCL, JVC, Sharp and other leading TV-makers who license the Roku OS to manufacture and sell Roku TV models, and licensing of Roku OS to certain service operators. Moreover, Roku is benefiting from growth in advertising driven by monetized video ad impressions on the increasing popularity of The Roku Channel. Important factors contributing to this growth include the continued growing interest in streaming by traditional TV advertisers, as well as ongoing investment in the company's OneView ad platform and overall ad tech capabilities.
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