Roku Q4 Revenues Jump 16.1% to $1.39 B, 2026 Guidance Targets $5.5 B
Roku reported Q4 2025 net revenues of $1.39 billion, up 16.1% year over year, with platform revenues rising 18%. It projects fiscal 2026 platform revenues of $4.89 billion (+18%), total net revenues of $5.5 billion and a gross margin between 51% and 52%.
1. Q4 2025 Results
Roku recorded net revenues of $1.39 billion in Q4 2025, marking a 16.1% year-over-year increase driven by robust platform performance. Platform revenues climbed 18%, reflecting stronger streaming services distribution and video advertising activity.
2. Full-Year 2025 Performance
For the full year 2025, Roku delivered net revenues of $4.737 billion, up 15% from 2024. Platform revenues growth was supported by enhanced integrations with third-party ad demand and measurement platforms that expanded advertising reach.
3. 2026 Guidance and Outlook
Roku forecasts 2026 platform revenues of $4.89 billion, an 18% increase, total net revenues of $5.5 billion and a gross profit of $2.435 billion, targeting a 51%–52% gross margin. Management expects continued momentum in streaming services distribution and video advertising to drive growth.