ROG (ROG) financial statements
ROG reported revenue of $811M in fiscal 2025, up 2.4% a year over 9 years.
Net income was -$62M and the operating margin -5.6%, against 12.3% in 2016.
Free cash flow was $71M, and the company returned $52M in net buybacks.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from ROG's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $656M | $821M | $879M | $898M | $803M | $933M | $971M | $908M | $830M | $811M |
| Cost of revenue | $407M | $502M | $568M | $584M | $511M | $584M | $650M | $601M | $553M | $554M |
| Gross profit | $249M | $319M | $311M | $314M | $292M | $349M | $321M | $307M | $277M | $257M |
| Research and development | $29M | $30M | $33M | $32M | $29M | $30M | $35M | $36M | $35M | $28M |
| Selling, general and admin | $139M | $162M | $164M | $169M | $182M | $193M | $219M | $202M | $193M | $177M |
| Operating income | $81M | $129M | $113M | $110M | $67M | $117M | $144M | $85M | $25M | -$45M |
| Interest expense | $3M | $5M | $6M | $7M | $6M | — | — | — | — | — |
| Pre-tax income | $82M | $133M | $111M | $55M | $69M | $126M | $140M | $76M | $34M | -$45M |
| Income tax | $34M | $52M | $23M | $8M | $19M | $18M | $24M | $20M | $8M | $17M |
| Net income | $48M | $80M | $88M | $47M | $50M | $108M | $117M | $57M | $26M | -$62M |
| EPS (diluted) | $2.65 | $4.34 | $4.70 | $2.53 | $2.67 | $5.73 | $6.15 | $3.03 | $1.40 | -$3.40 |
| Diluted shares | 18M | 19M | 19M | 19M | 19M | 19M | 19M | 19M | 19M | 18M |
| Gross margin | 38.0% | 38.8% | 35.4% | 35.0% | 36.4% | 37.4% | 33.1% | 33.8% | 33.4% | 31.7% |
| Operating margin | 12.3% | 15.7% | 12.8% | 12.3% | 8.4% | 12.6% | 14.9% | 9.4% | 3.0% | -5.6% |
| Net margin | 7.4% | 9.8% | 10.0% | 5.3% | 6.2% | 11.6% | 12.0% | 6.2% | 3.1% | -7.6% |
Balance sheet
Fiscal years, from ROG's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $228M | $181M | $168M | $167M | $192M | $232M | $236M | $132M | $160M | $197M |
| Receivables | $120M | $141M | $145M | $122M | $134M | $163M | $177M | $162M | $135M | $131M |
| Inventory | $91M | $113M | $133M | $133M | $102M | $133M | $182M | $154M | $142M | $125M |
| Total current assets | $458M | $455M | $486M | $464M | $474M | $584M | $660M | $527M | $494M | $500M |
| Property, plant and equipment | $177M | $180M | $243M | $260M | $272M | $327M | $358M | $366M | $365M | $372M |
| Goodwill | $208M | $237M | $265M | $263M | $270M | $370M | $352M | $360M | $358M | $303M |
| Total assets | $1.1B | $1.1B | $1.3B | $1.3B | $1.3B | $1.6B | $1.6B | $1.5B | $1.5B | $1.4B |
| Total current liabilities | $101M | $114M | $107M | $100M | $112M | $164M | $142M | $116M | $124M | $126M |
| Long-term debt | $236M | $131M | $228M | $123M | $25M | $190M | $215M | $30M | $0 | — |
| Total liabilities | $421M | $359M | $431M | $339M | $243M | $480M | $474M | $258M | $230M | $234M |
| Shareholders' equity | $636M | $767M | $848M | $934M | $1.0B | $1.1B | $1.2B | $1.3B | $1.3B | $1.2B |
| Net debt | $12M | -$50M | $61M | -$44M | -$167M | -$42M | -$21M | -$102M | -$160M | -$197M |
Cash flow
Fiscal years, from ROG's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $117M | $139M | $67M | $161M | $165M | $124M | $130M | $131M | $127M | $101M |
| Capital spending | $18M | $27M | $47M | $52M | $40M | $71M | $117M | $57M | $56M | $30M |
| Free cash flow | $99M | $112M | $20M | $110M | $125M | $53M | $13M | $74M | $71M | $71M |
| Stock-based compensation | $11M | $12M | $11M | $12M | $14M | $17M | $12M | $14M | $15M | $11M |
| Share buybacks (net) | -$8M | $0 | -$3M | $0 | $0 | $0 | -$25M | $0 | -$20M | -$52M |
| Net borrowing | $62M | -$111M | $96M | -$106M | -$98M | $190M | $100M | — | — | — |
| Free cash flow margin | 15.1% | 13.6% | 2.2% | 12.2% | 15.5% | 5.7% | 1.3% | 8.2% | 8.6% | 8.8% |
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Open ROG in InvestinglyQuestions
What was ROG's revenue in 2025?
$811M in fiscal 2025, from its 10-K filing.
How much free cash flow does ROG generate?
$71M in fiscal 2025 (operating cash flow minus capital spending).
From ROG's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.