Roger Financials
Roger (ROG) reported $820.8M in revenue over the twelve months to Mar 31, 2026, up 1.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Margin compression below gross profit is the dominant mechanic, while cash generation and a lightly leveraged balance sheet remain comparatively resilient.
From FY2022 to FY2025, gross margin narrowed from33.1% to31.7% , but operating margin fell much further, from14.9% to-5.6% ; the deterioration therefore reflects pressure below production costs as well as weaker gross economics. In FY2025, operating cash flow of$101M remained positive against a$62M net loss, showing that accounting earnings and near-term cash generation had materially diverged.
FY2025 liabilities of
Capital spending of
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Roger's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Roger has an operating margin of -5.5%, meaning the company loses $6 on every $100 of revenue. This results in a profitability score of 37/100. This is down from 3.0% the prior year.
Roger's revenue declined 2.3% year-over-year, from $830.1M to $810.8M. This contraction results in a growth score of 16/100.
Roger carries a low D/E ratio of 0.20, meaning only $0.20 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 74/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 3.97, Roger holds $3.97 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 86/100.
Roger has a free cash flow margin of 8.8%, earning a moderate score of 63/100. The company generates positive cash flow after capital investments, but with room for improvement.
Roger posts a -5.2% return on equity (ROE), meaning it loses $5 for every $100 of shareholders' equity. This results in a returns score of 35/100. This is down from 2.1% the prior year.
Roger scores 7.62, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($2.2B) relative to total liabilities ($234.2M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Roger passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
Roger reported a net loss of $61.8M while generating $101.2M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Roger reported an operating loss of $45.0M against $800K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Roger generated $810.8M in revenue in fiscal year 2025. This represents a decrease of 2.3% from the prior year.
Roger's EBITDA was $9.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 87.5% from the prior year.
Roger reported -$61.8M in net income in fiscal year 2025. This represents a decrease of 336.8% from the prior year.
Roger earned -$3.40 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 342.9% from the prior year.
Cash & Balance Sheet
Roger generated $71.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 0.1% from the prior year.
Roger held $197.0M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Margins & Returns
Roger's gross margin was 31.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 1.7 percentage points from the prior year.
Roger's operating margin was -5.5% in fiscal year 2025, reflecting core business profitability. This is down 8.5 percentage points from the prior year.
Roger's net profit margin was -7.6% in fiscal year 2025, showing the share of revenue converted to profit. This is down 10.8 percentage points from the prior year.
Roger's ROE was -5.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 7.3 percentage points from the prior year.
Capital Allocation
Roger invested $28.1M in research and development in fiscal year 2025. This represents a decrease of 18.8% from the prior year.
Roger spent $52.4M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 164.6% from the prior year.
Roger invested $30.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 46.3% from the prior year.
ROG Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $200.5M-0.5% | $201.5M-6.7% | $216.0M+6.5% | $202.8M+6.5% | $190.5M-0.9% | $192.2M-8.6% | $210.3M-1.8% | $214.2M |
| Cost of Revenue | $135.9M-1.5% | $138.0M-4.0% | $143.7M+3.5% | $138.8M+4.0% | $133.5M+2.3% | $130.5M-4.2% | $136.2M-3.5% | $141.1M |
| Gross Profit | $64.6M+1.7% | $63.5M-12.2% | $72.3M+13.0% | $64.0M+12.3% | $57.0M-7.6% | $61.7M-16.7% | $74.1M+1.4% | $73.1M |
| R&D Expenses | $6.7M+1.5% | $6.6M-10.8% | $7.4M+5.7% | $7.0M-1.4% | $7.1M-12.3% | $8.1M0.0% | $8.1M-14.7% | $9.5M |
| SG&A Expenses | $41.2M-1.9% | $42.0M+1.0% | $41.6M-14.2% | $48.5M+9.0% | $44.5M-10.8% | $49.9M+10.6% | $45.1M-11.4% | $50.9M |
| Operating Income | $10.7M+50.7% | $7.1M-54.8% | $15.7M+123.3% | -$67.5M-22400.0% | -$300K+97.6% | -$12.7M-187.0% | $14.6M+29.2% | $11.3M |
| Interest Expense | $300K+400.0% | -$100K-150.0% | $200K-50.0% | $400K+33.3% | $300K+50.0% | $200K | $0+100.0% | -$200K |
| Income Tax | $6.8M+38.8% | $4.9M-36.4% | $7.7M+79.1% | $4.3M+2250.0% | -$200K+90.9% | -$2.2M-178.6% | $2.8M-26.3% | $3.8M |
| Net Income | $4.5M-2.2% | $4.6M-46.5% | $8.6M+111.7% | -$73.6M-5157.1% | -$1.4M-180.0% | -$500K-104.7% | $10.7M+32.1% | $8.1M |
| EPS (Diluted) | $0.25+8.7% | $0.23-52.1% | $0.48+112.0% | -$4.00-4900.0% | -$0.08-166.7% | -$0.03-105.2% | $0.58+31.8% | $0.44 |
ROG Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.4B-0.2% | $1.4B-1.1% | $1.4B-0.4% | $1.5B-3.9% | $1.5B+2.0% | $1.5B-3.8% | $1.5B+3.6% | $1.5B |
| Current Assets | $511.4M+2.3% | $500.0M-1.0% | $505.0M+1.0% | $500.1M-0.6% | $502.9M+1.8% | $493.9M-5.2% | $521.2M+3.8% | $502.1M |
| Cash & Equivalents | $195.8M-0.6% | $197.0M+17.4% | $167.8M+6.7% | $157.2M-10.5% | $175.6M+9.9% | $159.8M+9.2% | $146.4M+22.1% | $119.9M |
| Inventory | $127.5M+2.0% | $125.0M-12.5% | $142.9M-5.5% | $151.2M+5.7% | $143.0M+0.5% | $142.3M-7.8% | $154.4M+2.4% | $150.8M |
| Accounts Receivable | $142.1M+8.8% | $130.6M-10.2% | $145.5M+2.8% | $141.6M+1.7% | $139.2M+2.9% | $135.3M-13.4% | $156.3M-2.3% | $160.0M |
| Goodwill | $301.2M-0.7% | $303.4M0.0% | $303.5M-0.8% | $305.9M-15.8% | $363.4M+1.6% | $357.6M-2.2% | $365.7M+2.6% | $356.3M |
| Total Liabilities | $233.8M-0.2% | $234.2M-3.7% | $243.3M-0.5% | $244.6M+1.9% | $240.1M+4.6% | $229.5M-4.1% | $239.3M+5.7% | $226.3M |
| Current Liabilities | $127.3M+1.0% | $126.1M-3.0% | $130.0M-1.4% | $131.9M+3.4% | $127.6M+3.3% | $123.5M+0.8% | $122.5M+5.2% | $116.5M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 |
| Total Equity | $1.2B-0.3% | $1.2B-0.6% | $1.2B-0.3% | $1.2B-5.0% | $1.3B+1.5% | $1.3B-3.8% | $1.3B+3.2% | $1.3B |
| Retained Earnings | $1.1B+0.4% | $1.1B+0.4% | $1.1B+0.8% | $1.1B-6.2% | $1.2B-0.1% | $1.2B0.0% | $1.2B+0.9% | $1.2B |
ROG Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $5.8M-87.6% | $46.9M+62.3% | $28.9M+110.9% | $13.7M+17.1% | $11.7M-65.3% | $33.7M-20.5% | $42.4M+85.2% | $22.9M |
| Capital Expenditures | $4.7M0.0% | $4.7M-39.0% | $7.7M-4.9% | $8.1M-15.6% | $9.6M-37.7% | $15.4M-10.5% | $17.2M+22.0% | $14.1M |
| Free Cash Flow | $1.1M-97.4% | $42.2M+99.1% | $21.2M+278.6% | $5.6M+166.7% | $2.1M-88.5% | $18.3M-27.4% | $25.2M+186.4% | $8.8M |
| Investing Cash Flow | -$4.5M-25.0% | -$3.6M+53.8% | -$7.8M-6.8% | -$7.3M-287.2% | $3.9M+179.6% | -$4.9M+71.5% | -$17.2M-22.0% | -$14.1M |
| Financing Cash Flow | -$1.6M+88.5% | -$13.9M-33.7% | -$10.4M+62.9% | -$28.0M-1650.0% | -$1.6M+86.1% | -$11.5M-5650.0% | -$200K+97.1% | -$6.9M |
| Share Buybacks | N/A | $14.3M+43.0% | $10.0M-64.4% | $28.1M | $0-100.0% | $11.9M | $0-100.0% | $7.6M |
Not reported in any period shown, so not listed: Dividends Paid.
ROG Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 32.2%+0.7pp | 31.5%-2.0pp | 33.5%+1.9pp | 31.6%+1.6pp | 29.9%-2.2pp | 32.1%-3.1pp | 35.2%+1.1pp | 34.1% |
| Operating Margin | 5.3%+1.8pp | 3.5%-3.8pp | 7.3%+40.5pp | -33.3%-33.1pp | -0.2%+6.5pp | -6.6%-13.6pp | 6.9%+1.7pp | 5.3% |
| Net Margin | 2.2%0.0pp | 2.3%-1.7pp | 4.0%+40.3pp | -36.3%-35.6pp | -0.7%-0.5pp | -0.3%-5.3pp | 5.1%+1.3pp | 3.8% |
| Return on Equity | 0.4%0.0pp | 0.4%-0.3pp | 0.7%+6.8pp | -6.1%-6.0pp | -0.1%-0.1pp | 0.0%-0.9pp | 0.8%+0.2pp | 0.6% |
| Return on Assets | 0.3%0.0pp | 0.3%-0.3pp | 0.6%+5.7pp | -5.1%-5.0pp | -0.1%-0.1pp | 0.0%-0.7pp | 0.7%+0.1pp | 0.5% |
| Current Ratio | 4.02+0.1x | 3.97+0.1x | 3.88+0.1x | 3.79-0.1x | 3.94-0.1x | 4.00-0.3x | 4.25-0.1x | 4.31 |
| Debt-to-Equity | 0.200.0x | 0.200.0x | 0.200.0x | 0.200.0x | 0.19+0.2x | 0.000.0x | 0.000.0x | 0.00 |
| FCF Margin | 0.5%-20.4pp | 20.9%+11.1pp | 9.8%+7.1pp | 2.8%+1.7pp | 1.1%-8.4pp | 9.5%-2.5pp | 12.0%+7.9pp | 4.1% |
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Where Roger Ranks
Frequently Asked Questions
What is Roger's annual revenue?
Roger (ROG) reported $810.8M in total revenue for fiscal year 2025. This represents a -2.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Roger's revenue growing?
Roger (ROG) revenue declined by 2.3% year-over-year, from $830.1M to $810.8M in fiscal year 2025.
Is Roger profitable?
No, Roger (ROG) reported a net income of -$61.8M in fiscal year 2025, with a net profit margin of -7.6%.
What is Roger's EBITDA?
Roger (ROG) had EBITDA of $9.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Roger's gross margin?
Roger (ROG) had a gross margin of 31.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Roger's operating margin?
Roger (ROG) had an operating margin of -5.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Roger's net profit margin?
Roger (ROG) had a net profit margin of -7.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Roger's return on equity (ROE)?
Roger (ROG) has a return on equity of -5.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Roger's free cash flow?
Roger (ROG) generated $71.1M in free cash flow during fiscal year 2025. This represents a 0.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Roger's operating cash flow?
Roger (ROG) generated $101.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Roger's total assets?
Roger (ROG) had $1.4B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Roger's capital expenditures?
Roger (ROG) invested $30.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Roger spend on research and development?
Roger (ROG) invested $28.1M in research and development during fiscal year 2025.
What is Roger's current ratio?
Roger (ROG) had a current ratio of 3.97 as of fiscal year 2025, which is generally considered healthy.
What is Roger's debt-to-equity ratio?
Roger (ROG) had a debt-to-equity ratio of 0.20 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Roger's return on assets (ROA)?
Roger (ROG) had a return on assets of -4.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Roger's Altman Z-Score?
Roger (ROG) has an Altman Z-Score of 7.62, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Roger's Piotroski F-Score?
Roger (ROG) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Roger's earnings high quality?
Roger (ROG) reported a net loss of $61.8M while generating $101.2M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Roger cover its interest payments?
Roger (ROG) reported an operating loss of $45.0M against $800K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Roger?
Roger (ROG) scores 52 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.