Roku Q4 Revenue Hits $1.09B with $18M GAAP Profit, Forecasts $5B+ 2026 Revenue
Roku delivered GAAP operating profit of $18M in Q4 on revenue of $1.09B, beating consensus by $0.20 per share and reversing a prior-year operating loss. Management projects revenue above $5B and adjusted EBITDA profitability in H1 2026 while active accounts are expected to exceed 120M.
1. Q4 Financial Overshoot
Roku reported Q4 revenue of $1.09B, a 7% year-over-year increase, while delivering a GAAP operating profit of $18M versus a $16M loss in the prior-year period; adjusted EBITDA loss narrowed to $12M from $40M. Growth in platform revenue, which climbed to $800M, underpinned the unexpected profit.
2. Bold 2026 Outlook
The company expects total revenue to exceed $5B in 2026 and anticipates adjusted EBITDA profitability in the first half of the year. Roku forecasts active accounts will surpass 120M by year-end and plans to expand ad-targeting capabilities and licensing partnerships to drive margin expansion.