ROKU vs WBD
Roku, Inc. and Warner Bros. Discovery, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | ROKU | WBD |
|---|---|---|
| Revenue | $4.7B | $37.3B |
| Net income | $88.4M | $727.0M |
| Gross margin | 43.8% | 44.0% |
| Net margin | 1.9% | 2.0% |
| Return on equity | 3.4% | 2.1% |
| Diluted EPS | $0.59 | $0.29 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $478.4M | $3.1B |
| Equity | $2.7B | $35.9B |
| Net debt / equity | · | 0.78× |
| Current ratio | 2.75× | 1.06× |
| Revenue CAGR 5y | 21.6% | 28.4% |
| Profit CAGR 5y | · | −9.8% |
WBD bills 7.9× the revenue of ROKU, and keeps more of each dollar of revenue as profit (2.0% against 1.9%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | ROKU | WBD |
|---|---|---|
| FY2025 | $4.7B | $37.3B |
| FY2024 | $4.1B | $39.3B |
| FY2023 | $3.5B | $41.3B |
| FY2022 | $3.1B | $33.8B |
| FY2021 | $2.8B | $12.2B |
| FY2020 | $1.8B | $10.7B |
| FY2019 | $1.1B | $11.1B |
| FY2018 | $742.5M | $10.6B |
| FY2017 | $512.8M | $6.9B |
| FY2016 | $398.6M | $6.5B |
Bottom line
| Fiscal year | ROKU | WBD |
|---|---|---|
| FY2025 | $88.4M | $727.0M |
| FY2024 | $-129.4M | $-11.3B |
| FY2023 | $-709.6M | $-3.1B |
| FY2022 | $-498.0M | $-7.4B |
| FY2021 | $242.4M | $1.0B |
| FY2020 | $-17.5M | $1.2B |
| FY2019 | $-59.9M | $2.1B |
| FY2018 | $-8.9M | $594.0M |
| FY2017 | $-63.5M | $-337.0M |
| FY2016 | $-42.8M | $1.2B |
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$32,558,749,000 | WBD |
| FY2024 | −$35,208,102,000 | WBD |
| FY2023 | −$37,836,381,000 | WBD |
| FY2022 | −$30,690,466,000 | WBD |
| FY2021 | −$9,426,416,000 | WBD |
| FY2020 | −$8,892,612,000 | WBD |
| FY2019 | −$10,015,079,000 | WBD |
| FY2018 | −$9,810,494,000 | WBD |
| FY2017 | −$6,360,237,000 | WBD |
| FY2016 | −$6,098,351,000 | WBD |
| FY2015 | −$6,074,143,000 | WBD |
WBD has reported the higher revenue in every one of these 11 fiscal years. The gap has widened since the earliest year compared.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −0.1 pp | WBD |
| FY2024 | +26.1 pp | ROKU |
| FY2023 | −12.9 pp | WBD |
| FY2022 | +5.6 pp | ROKU |
| FY2021 | −1.1 pp | WBD |
| FY2020 | −13.7 pp | WBD |
| FY2019 | −25.2 pp | WBD |
| FY2015 | −29.1 pp | WBD |
The higher net margin has changed hands between ROKU and WBD over this period.
8 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
WBD's net margin has been more volatile than ROKU's over the 8 comparable fiscal years — 16.9 percentage points of standard deviation against 9.1.
8 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between ROKU and WBD over these 8 fiscal years — ROKU led in 2 and WBD in 6.
8 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
WBD's return on equity has been more volatile than ROKU's over the 8 comparable fiscal years — 17.0 percentage points of standard deviation against 11.9.
8 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between ROKU and WBD over these 8 fiscal years — ROKU led in 4 and WBD in 4.
8 of 19 comparable fiscal years — a year missing data on either side is not counted.