Streaming Households

Streaming Hours

Revenue segments as reported by the company.

Platform

Player

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Roku

Roku, Inc. engages in the provision of a streaming platform for television. It operates through the following business segments: Platform and Player. The Platform segment includes digital advertising and related services including the OneView ad platform, content distribution, and licensing arrangements with service operators and TV brands. The Player segment includes the sale of streaming players and audio products. The majority of streaming players, audio products and Roku TV models are sold through traditional brick and mortar retailers, such as Best Buy, Target, and Walmart, including their online sales platforms, and online retailers such as Amazon, and to a lesser extent, Roku’s website. The company was founded by Anthony J. Wood in October 2002 and is headquartered in San Jose, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Roku exceeds Q4 expectations, focuses on growth amid ad challenges

Roku navigated challenges in Q4 2022, focusing on platform revenue growth, innovation, and driving towards positive adjusted EBITDA by 2024.
Despite macroeconomic headwinds, the company outperformed in streaming hours and ad spending, with a strategic shift towards customer acquisition in the device business.
Guidance reflects a mix of stabilizing and pressured verticals for Q1, with a cautious approach towards acquisitions and a focus on content investments and international expansion.
Roku's strength in driving engagement, impressions, and effective ad campaigns positions it well for growth in the evolving M&E sector, despite uncertainties in the macro environment.

Roku reports strong Q1 results, eyes ad revenue growth

Roku's Q1 performance showcased growth in active accounts and streaming hours, with a focus on content discovery and monetization opportunities.
Challenges include addressing profitability, revenue growth, and navigating market dynamics impacting ad revenue.
Opportunities lie in operational efficiencies, driving ad revenue growth through engagement, and expanding partnerships for ad inventory accessibility.
Roku's strengths in data partnerships, platform advantages, and innovation position them for growth in the competitive streaming and advertising landscape.

Roku reports robust Q2 growth amidst challenges and opportunities

Roku's Q2 performance reflects strong growth in scale, engagement, and platform revenue, despite challenges in ARPU and profitability.
The company faces short-term challenges from Hollywood strikes, slower upfront negotiations, and margin pressures in the device business.
Opportunities lie in expanding ad sales, partnerships, and capitalizing on the shift towards connected TV for future growth and market leadership.
Overall, Roku's strategic focus on monetization, user experience, and market expansion positions it well for continued success in the streaming industry.

Roku excels in Q3, navigates challenges, and eyes streaming opportunities

Roku's Q3 showcased robust performance and financial resilience, driven by strong net adds, revenue growth, and positive adjusted EBITDA.
Despite challenges in the M&E category and competitive landscape, Roku's strengths lie in diversification, profitability, and strategic partnerships.
Opportunities in streaming partnerships, pricing evolution, and live programming enhancement position Roku for continued growth and market leadership.

Roku excels in Q4, eyes international growth and ad innovation

Roku's Q4 performance reflects revenue growth, active account expansion, and a focus on operational efficiency and platform advantages.
Despite industry challenges, Roku's strong market position, international growth, and strategic focus on innovation position it for continued success.
The company's emphasis on ad revenue, platform growth, and user engagement underscores its commitment to driving profitability and market leadership.

Roku reports robust Q1 growth, eyes international expansion and partnerships

Roku's Q1 performance reflects strong growth in streaming metrics and platform revenue, underlining its market position.
The company's focus on innovation, international expansion, and strategic partnerships showcases a proactive approach to driving growth.
While facing challenges in profitability and competition, Roku's diverse strategies and opportunities position it well for future success.

Roku reports strong Q2 performance, eyes ad monetization growth

Roku's Q2 performance reflects growth in key metrics and financial stability.
The company's focus on ad monetization and unique partnerships drive revenue growth.
Challenges like revenue discrepancies and market competition require strategic solutions.
Opportunities in subscription revenue, platform monetization, and distribution expansion are key for future growth.

Roku achieves $1B revenue milestone, eyes international growth opportunities

Roku's Q3 performance reflects robust revenue growth, increased user engagement, and improved profitability, setting a positive trajectory for future growth.
The company's strengths lie in innovative platform features, hardware offerings, and a strategic focus on international expansion and user growth.
Challenges include sustaining revenue growth amidst competition, managing expenses for profitability, and navigating regulatory complexities in new markets.
Opportunities abound in revenue diversification, international expansion, hardware sales, and strategic investments in platform monetization for long-term success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Roku, Inc. engages in the provision of a streaming platform for television. It operates through the Platform and Devices segments. The Platform segment includes digital advertising and related services including the demand-side platform and content distribution services such as subscription and transaction revenue shares, media and entertainment promotional spending, the sale of premium subscriptions, and the sale of branded channel buttons on remote controls. The Devices segment is involved in the sale of streaming players, audio products, smart home products, and accessories that are sold through retailers and distributors, as well as directly to customers through the company’s website. The company was founded by Anthony J. Wood in October 2002 and is headquartered in San Jose, CA.

Disney

Paramount Global

While streaming remains the future of the entertainment industry, it has become difficult to make a go of the business. The hype that surrounded streaming during the pandemic when everyone was locked down at home has subsided.

3 Streaming Service Stocks to Sell in August Before They Crash & Burn

Roku's stock has fallen 45% year to date, despite the company's robust business growth. The company is showing strong growth in both devices and services, even with a plethora of competitors.

Is Roku Stock a Buy After a Brutal 2024 Sell-Off?

Roku reported strong growth due to a 20% increase in streaming hours and 14% growth in accounts. The streaming video platform is set to top the $1 billion quarterly sales milestone and is targeting accelerating growth heading into 2025. ROKU stock only trades at ~1x forward EV/S targets due in part to a massive cash balance.

Roku: Still Priced For Disaster

Roku members and streaming members continue to increase at a steady pace. The company posted positive free cash flow for the fourth consecutive quarter.

1 Growth Stock Down 88% to Buy Right Now

Roku (ROKU) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Roku (ROKU) Upgraded to Buy: Here's Why

Roku is broadening its advertising reach with its new partnership with The Trade Desk, allowing Roku to be included in omnichannel advertisement strategies. Roku's branded TVs may narrow device losses in future periods as production scales. Marketing budget forecasts are mixed for CY24 and may remain flat-to-down in 2025 due to economic pressures.

Roku's Valuation Calls For An Appealing Buying Opportunity

NEW YORK--(BUSINESS WIRE)-- #CTV--XR Extreme Reach and Roku Partner to Drive TV Streaming Ads Performance.

XR Extreme Reach and Roku Partner to Drive TV Streaming Ads Performance

ROKU remains a long-term streaming winner, thanks to the growing subscriber base and stable ARPUs from the robust device sales. The device segment's ongoing cash burn has also been well-balanced by the expanding advertising opportunities and stable market shares. With zero debts and stable profit margins, ROKU is well positioned to emerge stronger after the normalization of macroeconomic outlook.

Roku: Long-Term Streaming Winner Facing Volatile Market Expectations

Shares of Roku dipped after reporting strong Q2 results, which showcased a successful new Pro series launch. The company is also expecting platform revenue to accelerate in both Q4 and FY25. Roku also continues to drive impressive adjusted EBITDA and free cash flow growth.

Roku: Focus On The Cash Flow Story

ROKU's second-quarter 2024 results benefit from consistent growth in streaming households and streaming hours on The Roku Channel.

ROKU Q2 Loss Narrower Than Expected, Revenues Increase Y/Y

Roku beat revenue and profit expectations in the second quarter. Its guidance also exceeded analyst targets.

5 Bullish Takeaways From Roku's Blowout Quarter

Total net revenue for Q2 2024 was $968.2 million, surpassing management's expectation of $935 million. Adjusted EBITDA was $43.6 million, significantly above the $30 million guidance.

Roku Tops Revenue Forecast, Net Loss Narrows

The headline numbers for Roku (ROKU) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Roku (ROKU) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Roku, Inc. (NASDAQ:ROKU ) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Conrad Grodd - Vice President, Investor Relations Anthony Wood - Founder, Chairman and Chief Executive Officer Dan Jedda - Chief Financial Officer Charlie Collier - President, Roku Media Conference Call Participants Shyam Patil - Susquehanna Jason Helfstein - Oppenheimer Laura Martin - Needham Vasily Karasyov - Cannonball Research Peter Supino - Wolfe Research Michael Morris - Guggenheim Securities Tim Nollen - Macquarie Cory Carpenter - JPMorgan David Joyce - Seaport Research Operator Ladies and gentlemen thank you for standing by. Welcome to the Second Quarter 2024 Roku Earnings Conference Call.

Roku, Inc. (ROKU) Q2 2024 Earnings Call Transcript

Roku (ROKU) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.45. This compares to loss of $0.76 per share a year ago.

Roku (ROKU) Reports Q2 Loss, Tops Revenue Estimates

Dolby Laboratories sued streaming-video company Roku in California federal court on Thursday, accusing Roku of breaking a license and infringing its patents and copyrights by integrating Dolby's technology into its operating system Roku OS.

Dolby sues Roku over technology in streaming software

Shares of Roku Inc. rallied more than 5% in the extended session Thursday after the company significantly narrowed its quarterly loss, saying that cost-conscious consumers flocked to its offerings, and called for revenue north of $1 billion for the current quarter.

Roku benefits from ‘focus on value' as it narrows quarterly loss

Roku added two million streaming households in the second quarter, reaching 83.6 million, and continued recent strength in several key financial areas. Platform revenue, a broad category including advertising climbed 11% from the year-ago period to hit $824.3 million, pacing total revenue to $968.2 million, well ahead of Wall Street estimates for $937.89 million.

Roku Adds 2M Streaming Households In Q2, Hits Several Key Financial Targets

Roku beat Wall Street estimates for second-quarter revenue on Thursday, benefiting from strong ad sales and the ongoing shift from cable TV to streaming platforms.

Roku reports quarterly revenue above estimates

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Roku (NASDAQ: ROKU), the #1 TV streaming platform in the U.S.*, announced its adoption of Unified ID 2.0 (UID2), a leading identity solution, across its premium streaming inventory. Roku advertisers can now implement more precise targeting and a secure means to facilitate data collaboration at Roku Media's unmatched scale, powered by automation through Roku Exchange. Developed by The Trade Desk, UID2 is an identity solution that is helping pioneer the n.

Roku Enhances Benefits for Advertisers with Adoption of Unified ID 2.0

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Roku, Inc. (NASDAQ: ROKU) released second quarter 2024 results. Visit the Roku investor relations website to view the second quarter 2024 letter to shareholders. The company will host a webcast of its conference call to discuss the results today at 2:00 PM Pacific Time. Participants may access the live webcast in listen-only mode on the Roku investor relations website. An archived webcast of the conference call will also be available following the call.

Roku Releases Second Quarter 2024 Financial Results

Netflix

Netflix offers stable, long-term returns with its established market presence. Roku's sharp decline presents a high-risk, high-reward opportunity.

Best Stock to Buy Right Now: Netflix vs. Roku

Roku was one of the biggest winners of the pandemic years but has fallen quite a bit since then.

Down 88%, Will Roku Ever Hit All-Time Highs Again?

ROKU's second-quarter 2024 performance is expected to have been aided by growth in The Roku Channel library and Roku TV users amid increasing competition.

ROKU Gears Up to Report Q2 Earnings: Here's What to Expect

Roku reports its second-quarter results after the market close on Aug. 1. Its guidance calls for another loss on its strongest year-over-year revenue growth in more than two years.

News for Roku Stock (ROKU)