OpenNashEarnings

Media & Streaming · Nasdaq: ROKU

Roku earnings: results, call transcripts & KPI history

2 quarters · fiscal year ends December · next results expected around 11 Feb 2027

Investor relations ↗SEC filings ↗KPIs as CSV

Latest: Q3 2026

Roku's Q3 2026 total net revenue was $1.5 billion, up 24% YoY, with Platform revenue of $1.3 billion, up 23% YoY, net income of $183 million and Adjusted EBITDA of $249 million.

Roku had a strong third quarter. Total net revenue reached $1.5 billion, up 24% from a year ago. Advertising and Subscriptions each grew 23%, and Devices grew 33%. Net income was $183 million, up from $25 million a year earlier, as operating expenses fell 6% while gross profit rose 24%. Devices lost money because of elevated memory costs, but higher-margin advertising offset that loss.

Read the Q3 2026 summary →Q3 2026 slides (PDF) ↗

Quarters

KPI history

Revenue$1.5B+24.1% y/yQ3 2026
Q4 2024: $1.2B (worked out from the annual figure)Q4 ’24$1.2BQ1 2025: $1.0BQ1 ’25$1.0BQ2 2025: $1.1BQ2 ’25$1.1BQ3 2025: $1.2BQ3 ’25$1.2BQ4 2025: $1.4B (worked out from the annual figure)Q4 ’25$1.4BQ1 2026: $1.2BQ1 ’26$1.2BQ2 2026: $1.4BQ2 ’26$1.4BQ3 2026: $1.5BQ3 ’26$1.5B

Fourth quarter worked out from the annual figure.

Data
Q4 2024$1.2B *
Q1 2025$1.0B
Q2 2025$1.1B
Q3 2025$1.2B
Q4 2025$1.4B *
Q1 2026$1.2B
Q2 2026$1.4B
Q3 2026$1.5B
Diluted EPS (GAAP)$1.20+650.0% y/yQ3 2026
Q1 2025: -$0.19Q1 ’25-$0.19Q2 2025: $0.07Q2 ’25$0.07Q3 2025: $0.16Q3 ’25$0.16Q1 2026: $0.57Q1 ’26$0.57Q2 2026: $1.08Q2 ’26$1.08Q3 2026: $1.20Q3 ’26$1.20
Data
Q1 2025-$0.19
Q2 2025$0.07
Q3 2025$0.16
Q1 2026$0.57
Q2 2026$1.08
Q3 2026$1.20

Fourth-quarter EPS appears once the press release is read; filings report it only for the full year.

Operating margin10.9%+10.1 pts y/yQ3 2026
Q4 2024: -3.3%Q4 ’24-3.3%Q1 2025: -5.7%Q1 ’25-5.7%Q2 2025: -2.1%Q2 ’25-2.1%Q3 2025: 0.8%Q3 ’250.8%Q4 2025: 4.7%Q4 ’254.7%Q1 2026: 4.1%Q1 ’264.1%Q2 2026: 10.8%Q2 ’2610.8%Q3 2026: 10.9%Q3 ’2610.9%
Data
Q4 2024-3.3%
Q1 2025-5.7%
Q2 2025-2.1%
Q3 20250.8%
Q4 20254.7%
Q1 20264.1%
Q2 202610.8%
Q3 202610.9%
Free cash flow$218.0M+72.4% y/yQ3 2026
Q4 2024: $76.8MQ4 ’24$76.8MQ1 2025: $136.8MQ1 ’25$136.8MQ2 2025: $108.6MQ2 ’25$108.6MQ3 2025: $126.5MQ3 ’25$126.5MQ4 2025: $106.6MQ4 ’25$106.6MQ1 2026: $196.0MQ1 ’26$196.0MQ2 2026: $280.9MQ2 ’26$280.9MQ3 2026: $218.0MQ3 ’26$218.0M
Data
Q4 2024$76.8M
Q1 2025$136.8M
Q2 2025$108.6M
Q3 2025$126.5M
Q4 2025$106.6M
Q1 2026$196.0M
Q2 2026$280.9M
Q3 2026$218.0M

Operating cash flow minus capital expenditure, from cash flow statements.

Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Revenue$1.2Bd$1.0B$1.1B$1.2B$1.4Bd$1.2B$1.4B$1.5B
Gross margin42.7%43.6%44.8%43.4%43.5%45.2%49.7%43.2%
Operating income-$39.1Md-$57.7M-$23.3M$9.5M$66.0Md$51.8M$146.2M$164.1M
Operating margin-3.3%-5.7%-2.1%0.8%4.7%4.1%10.8%10.9%
Net income-$35.5Md-$27.4M$10.5M$24.8M$80.5Md$85.7M$164.2M$183.3M
Diluted EPS—-$0.19$0.07$0.16—$0.57$1.08$1.20
Operating cash flow$79.3Md$138.7M$109.7Md$127.6Md$107.7Md$199.1M$284.6Md$219.4Md
Capital expenditure$2.5Md$1.9M$1.1Md$1.1Md$1.1Md$3.1M$3.8Md$1.4Md
Free cash flow$76.8M$136.8M$108.6M$126.5M$106.6M$196.0M$280.9M$218.0M
R&D expense$185.4Md$184.6M$178.0M$182.2M$184.6Md$189.5M$179.7M$186.9M

From XBRL data in 10-Q and 10-K filings. d derived: a fourth quarter is the full year minus the first nine months, and cash flows are year-to-date figures differenced.

10-Q and 10-K filings