Earnings Releases·Nov 2, 2026, 4:09 PM ET

Roku — Q3 2026 Earnings Summary

Total net revenue grew 24% YoY to $1.5 billion, driven by 23% growth in platform revenue and 33% growth in devices revenue; net income surged 639% YoY to $183.3 million, while adjusted EBITDA rose 113% to $248.8 million.
The pending acquisition by FOX has suspended standard earnings calls and specific financial outlooks, though the company remains on track for the second half 2026 forecast previously provided in the proxy statement.
Strategic growth was supported by a 21% reduction in sales and marketing expenses, $162.7 million in stock repurchases, and the global rollout of the Sports Experience and new Home Screen features.
Devices gross margin declined 9.4 percentage points YoY to (25.1%) due to elevated memory costs, while platform gross margin improved 1.8 percentage points to 53.3%.
Roku maintains its position as the #1 TV streaming platform in the U.S., Canada, and Mexico by hours streamed, with total streaming hours reaching 39.9 billion, up 9% YoY.