Roku Earnings Reports

Roku exceeded expectations in Q2 2025, driven by an 18% rise in platform revenue and strong advertising performance. The company returned to profitability and announced a $400 million stock repurchase program.

Roku delivered solid revenue growth in its platform business in Q1 2025, but remained unprofitable due to ongoing investments and losses in the devices segment.

Roku delivered a strong Q4 2024, surpassing $1 billion in platform revenue for the first time (+25% YoY). Total revenue grew 22% YoY to $1.20 billion, while net loss narrowed to $35.55 million from $78.29 million a year ago. Adjusted EBITDA increased 62% YoY to $77.50 million, driven by platform growth and ad demand. The company expects continued revenue growth in 2025, with a long-term goal of achieving positive operating income in 2026.

Roku's Q3 2024 results demonstrated strong financial performance, with total net revenue exceeding $1 billion for the first time. Platform revenue increased 15% year-over-year, and the company achieved its fifth consecutive quarter of positive Adjusted EBITDA and Free Cash Flow (TTM). Streaming Hours on The Roku Channel also saw significant growth, up 80% year-over-year.

Roku's Q2 2024 results showed solid growth with a 14% increase in Streaming Households YoY, a 20% increase in Streaming Hours YoY, and an 11% increase in Platform revenue YoY. The company achieved its fourth consecutive quarter of positive Adjusted EBITDA and Free Cash Flow.

Roku's Q1 2024 shows strong growth with a 19% increase in total net revenue to $882 million. Streaming Households grew by 14% year-over-year, reaching 81.6 million, and Streaming Hours increased by 23% year-over-year. The company also achieved positive Adjusted EBITDA and Free Cash Flow for the third consecutive quarter.

Roku's Q4 2023 results demonstrated solid growth, with active accounts reaching 80 million and streaming hours exceeding 100 billion for the year. Platform revenue increased by 13% YoY in Q4, driving overall revenue growth. The company is prioritizing innovation and growth in 2024, leveraging its platform advantages to enhance viewer experience and monetization.

Roku delivered a strong quarter with a 20% YoY increase in total net revenue, driven by content distribution, video advertising, and Roku-branded TV sales. Active Account net adds accelerated, and Streaming Hours surpassed 100 billion on a trailing 12-month basis. Cost reductions and measures to reduce OpEx growth contributed to positive Adjusted EBITDA.

Roku's Q2 2023 showed solid growth with total net revenue up 11% year over year to $847 million. Platform revenue also increased by 11% to $744 million. Active accounts reached 73.5 million, and streaming hours totaled 25.1 billion.

Roku's Q1 2023 results showed a 1% increase in total net revenue to $741 million, with Active Accounts reaching 71.6 million and Streaming Hours growing to 25.1 billion. The company is focused on managing investments and costs to achieve positive Adjusted EBITDA for the full year 2024.

Roku's Q4 2022 saw a 16% increase in active accounts, reaching 70 million, and a 23% increase in streaming hours to 23.9 billion. Total net revenue reached $867.1 million, while the company experienced a net loss of $237.2 million.

Roku's Q3 2022 results showed a 12% year-over-year increase in total net revenue, reaching $761 million. The company added 2.3 million incremental active accounts, bringing the total to 65.4 million. Streaming hours increased to 21.9 billion, and ARPU grew by 10% year-over-year to $44.25. Platform revenue grew 15% year over year to $670 million.

Roku's Q2 2022 results were affected by a slowdown in TV advertising spend due to the macroeconomic environment. Total net revenue grew 18% year over year to $764 million, with platform revenue increasing 26% year over year to $673 million. The company added 1.8 million incremental active accounts, reaching 63.1 million.

Roku's Q1 2022 showed solid growth with a 28% increase in total net revenue year-over-year, reaching $734 million. Platform revenue grew by 39% year-over-year, and the company added 1.1 million incremental Active Accounts, reaching a total of 61.3 million. However, the company reported a net loss of $26.3 million.

Roku's Q4 2021 results showed a 33% increase in total net revenue to $865.3 million, driven by a 49% increase in platform revenue. Active accounts reached 60.1 million, and streaming hours increased to 19.5 billion. However, income from operations decreased by 67% to $21.4 million, and adjusted EBITDA decreased by 24% to $86.7 million.

Roku reported a 51% year-over-year increase in total net revenue, reaching $680 million. Platform revenue grew by 82% year-over-year to $583 million, and gross profit increased by 69% year-over-year to $364 million. Active Accounts reached 56.4 million, and streaming hours totaled 18.0 billion.

Roku reported a strong second quarter with record revenue growth, driven by exceptional performance in platform monetization. Total net revenue grew 81% year-over-year to $645 million, with platform revenue increasing 117% year-over-year to $532 million. Active accounts reached 55.1 million, and streaming hours were 17.4 billion. Average Revenue Per User (ARPU) grew to $36.46, up 46% year-over-year.

Roku's Q1 2021 showed exceptional performance with a 79% year-over-year increase in total net revenue, reaching $574.2 million. The company added 2.4 million incremental active accounts, bringing the total to 53.6 million, and streaming hours increased to 18.3 billion. Platform revenue grew by 101% year-over-year, driven by advertising and content distribution.

Roku's Q4 2020 saw significant growth, with total net revenue increasing by 58% year-over-year to $649.9 million. The company surpassed 50 million active accounts and experienced a doubling of Roku monetized video advertising impressions. The Roku OS was the No. 1 smart TV operating system in the U.S. with 38% unit share of smart TVs sold.

Roku's Q3 2020 results showcased significant growth, with total net revenue increasing by 73% year-over-year to $452 million. The company added 2.9 million active accounts, reaching a total of 46 million, and streaming hours increased to 14.8 billion. Platform revenue grew by 78% year-over-year, and gross profit increased by 81%.

Roku's Q2 2020 was strong, with a 42% YoY increase in total net revenue to $356.1 million, driven by a significant increase in active accounts and streaming hours. The company saw substantial growth in its ad business and platform revenue, despite the pandemic's impact on the broader advertising market.

Roku's Q1 2020 total net revenue grew 55% year-over-year to $321 million, with platform revenue increasing 73% year-over-year to $233 million. The company added 2.9 million incremental active accounts, reaching 39.8 million, and streaming hours increased to a record 13.2 billion.

Roku's Q4 2019 saw strong growth with revenue exceeding expectations. The company added a record number of active accounts and increased streaming hours, reinforcing its position as a leading TV streaming platform. Investments in strategic areas are planned to further extend its advantages.