Earnings summaries and quarterly performance for ROKU.
Executive leadership at ROKU.
Anthony Wood
Detailed
Chief Executive Officer and President
CEO
CC
Charlie Collier
Detailed
President, Roku Media
DJ
Dan Jedda
Detailed
Chief Financial Officer and Chief Operating Officer
GF
Gil Fuchsberg
Detailed
President, Subscriptions, Partnerships, and Corporate Development
MO
Mustafa Ozgen
Detailed
President, Devices, Products, and Technology
Board of directors at ROKU.
Research analysts who have asked questions during ROKU earnings calls.
Laura Martin
Needham & Company, LLC
7 questions for ROKU
Also covers: CNVS, CTV, CURI +11 more
Steven Cahall
Wells Fargo & Company
6 questions for ROKU
Also covers: AMCX, ATUS, CABO +19 more
CC
Cory Carpenter
JPMorgan Chase & Co.
5 questions for ROKU
Also covers: ANGI, APP, BMBL +16 more
Jason Helfstein
Oppenheimer & Co. Inc.
5 questions for ROKU
Also covers: ANGI, BLDE, CART +23 more
MC
Matthew Condon
Not Specified in Transcript
4 questions for ROKU
Also covers: ANGI, CTV, DSP +12 more
SP
Shyam Patil
Susquehanna Financial Group
4 questions for ROKU
Also covers: CHKP, MGNI, MNTN +3 more
AG
Alan Gould
Loop Capital
3 questions for ROKU
Also covers: GTN, NFLX, NWSA +3 more
Justin Patterson
KeyBanc Capital Markets
3 questions for ROKU
Also covers: ABNB, ANGI, CART +15 more
VK
Vasily Karasyov
Cannonball Research
3 questions for ROKU
Also covers: APP, NYT, RDDT +2 more
Barton Crockett
Rosenblatt Securities
2 questions for ROKU
Also covers: BATRA, DSP, EEX +17 more
BN
Brent Navon
Bank of America
2 questions for ROKU
Cameron McVeigh
Morgan Stanley
2 questions for ROKU
Also covers: CCO, EQIX, IPG +4 more
JH
James Heaney
Jefferies
2 questions for ROKU
Also covers: AOS, APP, EA +11 more
Michael Morris
Guggenheim Securities
2 questions for ROKU
Also covers: SNAP, SPOT, WMG
Michael Morris
Guggenheim Partners
2 questions for ROKU
Also covers: DIS, FOXA, NFLX +5 more
Peter Supino
Wolfe Research
2 questions for ROKU
Also covers: CHTR, DIS, FWONA +13 more
RG
Richard Greenfield
LightShed Partners
2 questions for ROKU
Also covers: NFLX, PARA, PINS +7 more
RC
Robert Coolbrith
Evercore ISI
2 questions for ROKU
Also covers: APP, BMBL, CDLX +10 more
Rob Sanderson
Loop Capital Markets LLC
2 questions for ROKU
Also covers: APP, LIF, MNTN
VK
Vikram Kesavabhotla
Robert W. Baird & Co.
2 questions for ROKU
Also covers: DLB, DOCS, GDDY +3 more
David Joyce
Seaport Research Partners
1 question for ROKU
Also covers: AMCX, BATRA, EDR +14 more
IP
Ian Peterson
Evercore ISI
1 question for ROKU
Also covers: PUBM
Jason Bazinet
Citigroup
1 question for ROKU
Also covers: APP, CTV, DIS +20 more
MT
Matthew Thornton
FBN Securities
1 question for ROKU
Also covers: APP
Michael Nathanson
MoffettNathanson
1 question for ROKU
Also covers: GOOG, GOOGL, IPG +4 more
Ralph Schackart
William Blair
1 question for ROKU
Also covers: APP, CARG, DIBS +6 more
RK
Robert Kulbert
Epico RSI
1 question for ROKU
RW
Ross Walthall
Cleveland Research Company
1 question for ROKU
RB
Ruplu Bhattacharya
Bank of America
1 question for ROKU
Also covers: ARW, AVT, CDW +14 more
Tom Champion
Piper Sandler Companies
1 question for ROKU
Also covers: DESP, EBAY, EXPE +3 more
Recent press releases and 8-K filings for ROKU.
Roku Reports Record Q4 and Full Year 2025 Results, Provides Strong 2026 Guidance
ROKU
Earnings
Guidance Update
Share Buyback
- Roku reported record Q4 2025 Platform revenue over $1.2 billion (up over 18%), Adjusted EBITDA of $169 million, and net income of $80 million.
- For the full year 2025, Platform revenue grew 18%, Adjusted EBITDA reached $421 million, and free cash flow was a record $484 million, representing over 100% year-over-year growth.
- The company provided 2026 guidance, projecting more than 21% Platform revenue growth for Q1 and 18% for the full year, with Adjusted EBITDA expected to be $635 million (over 50% year-over-year growth).
- Roku purchased $150 million of its stock through a share buyback program in 2025, with $250 million remaining on the authorization.
- Strategically, Roku is diversifying its retail distribution, expanding partnerships, and expects to surpass 100 million streaming households in 2026, while leveraging AI to enhance monetization and targeting for advertisers, including small and medium-sized businesses.
Feb 12, 2026, 10:00 PM
Roku Reports Strong Q4 and Full-Year 2025 Results, Provides Optimistic 2026 Outlook
ROKU
Earnings
Guidance Update
Share Buyback
- Roku reported Q4 2025 Platform revenue of over $1.2 billion, achieving 18% growth, and full-year 2025 Platform revenue also grew 18%.
- The company posted Q4 2025 Adjusted EBITDA of $169 million and $421 million for the full year 2025, with a 255 basis point margin expansion.
- For 2026, Roku forecasts 18% Platform revenue growth and $635 million in Adjusted EBITDA, indicating over 50% year-over-year growth.
- Roku repurchased $150 million of its stock in Q4 2025, resulting in near 0% dilution, with $250 million remaining on its buyback program.
- Strategic focus includes diversifying retail distribution, expanding international monetization in regions like Mexico and Canada, and leveraging AI to improve platform engagement and advertising performance.
Feb 12, 2026, 10:00 PM
Roku Reports Record Q4 and Full-Year 2025 Results, Provides Strong 2026 Guidance
ROKU
Earnings
Guidance Update
New Projects/Investments
- ROKU reported record Q4 2025 financial results, with Platform revenue growing over 18% to surpass $1.2 billion, Adjusted EBITDA reaching $169 million, and net income of $80 million.
- For the full year 2025, Platform revenue grew 18%, Adjusted EBITDA was $421 million (representing a 255 basis points margin expansion), and record free cash flow of $484 million was generated, leading to $150 million in share buybacks and near 0% dilution for Q4.
- The company provided 2026 guidance, projecting Platform revenue growth of more than 21% in Q1 and 18% for the full year, Adjusted EBITDA of $635 million (over 50% year-over-year growth), and free cash flow expected to be above Adjusted EBITDA. ROKU also sees a path to over $1 billion in free cash flow by the end of 2028.
- Strategic initiatives include leveraging AI to enhance monetization and open new markets like SMBs through Ads Manager, expanding international monetization in key regions such as Mexico and Canada, and rolling out a new home screen design in 2026 to drive engagement and monetization. OPEX is expected to grow in the mid-single digits due to operational discipline and decreasing stock-based compensation.
Feb 12, 2026, 10:00 PM
Roku Reports Strong Full Year 2025 Results and Provides Positive 2026 Outlook
ROKU
Earnings
Guidance Update
Share Buyback
- Roku reported strong full year 2025 financial results, with total net revenue of $4.737 billion, up 15% year-over-year, and achieved positive net income.
- The company significantly improved profitability in 2025, expanding Adjusted EBITDA margin by 255 basis points and reporting record Free Cash Flow (TTM).
- Roku repurchased $150 million of shares as part of its $400 million stock repurchase program.
- For full year 2026, Roku projects total net revenue of $5.500 billion and Adjusted EBITDA of $635 million, anticipating continued double-digit Platform revenue growth and further margin expansion.
- The company aims to reach 100 million Streaming Households globally in 2026.
Feb 12, 2026, 9:09 PM
Access Advance Reports Record Quarter, Roku Among New Licensees
ROKU
Legal Proceedings
New Projects/Investments
- Access Advance, a patent pool administrator, reported an exceptional fourth quarter of 2025, adding eight major licensees and achieving a 100% renewal rate for eligible HEVC Advance licensees.
- Roku joined the HEVC Advance Patent Pool and became the first U.S.-based licensee in the Video Distribution Patent Pool.
- Roku's new licensing agreements with Access Advance resolved licensor-initiated lawsuits.
Jan 22, 2026, 5:52 PM
Roku expands partnership with iSpot for outcome-based streaming advertising optimization
ROKU
New Projects/Investments
Product Launch
- Roku has expanded its partnership with iSpot, integrating iSpot’s Outcomes at Scale product to enable outcome-based optimization for streaming advertising.
- This makes Roku the first major streaming publisher to use iSpot’s Outcomes at Scale for optimizing off outcomes, allowing advertisers to track ROI and drive business results like web conversions.
- Early testing with SimpliSafe demonstrated positive results, including a 23% increase in leads and a 31% increase in website visits for the optimized group compared to a control group.
Jan 6, 2026, 2:00 PM
Roku and Nielsen Expand Strategic Measurement Partnership
ROKU
New Projects/Investments
- Nielsen and Roku have expanded their long-term strategic partnership, integrating Roku's data into Nielsen's advanced campaign measurement and outcome solutions.
- As part of this multi-year deal, Roku gains access to Nielsen's Streaming Platform Ratings, which show The Roku Channel is the #2 streaming app in ad-supported TV time.
- The partnership aims to provide advertisers with a more accurate view of audiences, leveraging Roku's data, as streaming on Roku devices alone makes up more than 21% of all TV viewing.
Dec 22, 2025, 2:30 PM
Roku Discusses Platform Growth, Advertising Trends, and Financial Outlook
ROKU
Revenue Acceleration/Inflection
New Projects/Investments
Share Buyback
- Roku expects double-digit platform revenue growth to continue, with both subscription and advertising activities growing at approximately 20% (excluding political advertising and the Frndly acquisition).
- The company is benefiting from the shift to Connected TV (CTV) advertising, with a focus on programmatic advertising and new ad products like Roku Ads Manager for the SMB market, which is growing significantly faster than the overall platform business.
- Gross margins are expected to remain broadly stable at 51%-52%, with EBITDA margin improving by 200 basis points in 2025, a trend expected to continue.
- Free cash flow is growing and is expected to exceed EBITDA in both 2025 and 2026, with a share buyback announced to offset dilution.
Dec 10, 2025, 1:00 PM
Roku Discusses Growth Drivers, Advertising Strategy, and Financial Outlook
ROKU
Revenue Acceleration/Inflection
New Projects/Investments
Guidance Update
- Roku's platform revenue growth is accelerating to approximately 20% (excluding political advertising and the Frndly acquisition), with both subscription and advertising activities contributing to this growth.
- The company expects continued double-digit platform revenue growth, capitalizing on the expanding Connected TV (CTV) advertising market, which is estimated at $30 billion and experiencing a significant shift from linear TV.
- Roku is strategically positioned to benefit from the shift to programmatic advertising, having integrated with all demand-side platforms (DSPs), including a recent platform-wide integration with Amazon DSP.
- The Roku Ads Manager, a self-service product targeting the SMB market, is growing significantly faster than the overall platform business and is projected to become a meaningful contributor to ad revenue.
- Roku anticipates broadly stable gross margins at 51%-52% and expects a continued 200 basis point improvement in EBITDA margin in 2025, having achieved profit positive status in Q3 and guiding for Q4.
Dec 10, 2025, 1:00 PM
Roku CFO Discusses Platform Growth, Advertising Strategy, and Profitability Outlook
ROKU
Revenue Acceleration/Inflection
New Projects/Investments
Share Buyback
- Roku's core platform revenue (excluding political advertising and the Frndly acquisition) is growing at approximately 20%, with both subscription and advertising activities contributing equally, and the company anticipates continued double-digit platform revenue growth.
- The company is capitalizing on the shift to Connected TV (CTV) advertising, which is a $30 billion and growing market. Roku's strategy involves integrating with all demand-side platforms (DSPs), including a recent platform-wide integration with Amazon, to attract new demand.
- The self-service Roku Ads Manager for the SMB market is growing significantly faster than the overall platform business, leveraging Gen AI for video ad creation and offering performant measurement, and is expected to be a "significant contributor".
- Roku projects broadly stable gross margins at 51%-52% and continued EBITDA margin improvement, with free cash flow growing proportionally. The company also announced a share buyback to offset dilution.
Dec 10, 2025, 1:00 PM
Quarterly earnings call transcripts for ROKU.
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