Roku earnings: third quarter 2026

Roku, which makes the software and players that put streaming on TVs and earns most of its money from advertising, grew sales 24% to about $1.5 billion in the third quarter of 2026. Profit rose much faster, because the company spent less on selling and marketing. The main dent was its own TV devices, which sold at a loss as memory chips got more expensive. Roku is being bought by FOX, so it gave no detailed forecast and held no call with analysts. ¹

Against what analysts expected

Roku earned $1.20 a share, more than double the $0.55 that analysts expected on average, according to Nasdaq's earnings calendar. ¹²

The strong points

• Net income jumped to $183.3 million, from $24.8 million a year earlier, as profit grew far faster than sales. ¹
• Total sales rose 24% on a year ago, with advertising and subscriptions, devices and every other part growing together. ¹
• Free cash flow, the cash left after running the business and investing in it, reached $796 million over the last twelve months, up 80% on a year earlier. ¹

The weak points

• Roku's own devices sold below what they cost to make, a gross loss of $48.6 million, which the company puts down to higher memory chip costs. ¹
• What was left of each dollar of sales after the direct costs fell to 43.2%, from 49.7% in the previous quarter. ¹

What the company expects

• Roku gave no figures for the coming quarter or year because of the FOX deal, but says it is on track for the second-half forecast it set out in the deal documents. ¹
• Roku expects the cost of getting Roku-powered TVs into shops to land mostly in the fourth quarter, as new partnerships with TCL and Hisense add more TVs. ¹

Our verdict on the quarter

A strong report. Profit came in far above what analysts expected and sales grew strongly, while the company kept its forecast for the second half; the loss on devices is the main blemish.

The results as published

• The results release itself
• The filing it came with (SEC)
• The previous results, for what it forecast then

Notes

1. Roku's results release, 2 November 2026: sec.gov. ↩
2. Nasdaq's earnings calendar, 2 November 2026. ↩