Overview
- Q4 revenue rose 16% to $1.39 billion, with net income of $80.5 million, or 53 cents per share.
- Platform revenue grew 18% to $1.224 billion in Q4, supported by record premium subscription net adds and interface improvements.
- For 2026, Roku forecasts $5.5 billion in total revenue, $4.89 billion in Platform sales (about 18% growth) and $635 million in adjusted EBITDA, with net income of $325 million.
- First‑quarter guidance calls for $1.2 billion in revenue, Platform growth above 21% and adjusted EBITDA of $130 million, with Devices declining in the mid‑single digits.
- Shares jumped about 13% after hours as Roku outlined premium‑subscription bundles, more tier‑one partners after adding HBO Max and a broader Howdy rollout; engagement rose with 145.6 billion streaming hours in 2025 and The Roku Channel reaching 6.3% of U.S. TV streaming in December.