Quarterly ResultMay 1, 2026, 04:08 PM
Roku Q1 Net Income $85.7M; Revenue +22.4% to $1.25B; $100M Buyback
AI Summary
Roku, Inc. reported a strong financial performance for Q1 2026, swinging to a net income of $85.7 million from a net loss in the prior year. Total net revenue increased by 22.4% to $1.25 billion, driven by robust growth in its Platform segment. The company also repurchased $100 million of common stock during the quarter and changed its reportable segments to Advertising, Subscriptions, and Devices.
Key Highlights
- Net income was $85.7 million, a significant improvement from a $27.4 million net loss in Q1 2025.
- Diluted EPS was $0.57, up from a loss of $0.19 per share in the prior year period.
- Total net revenue increased 22.4% to $1.25 billion, compared to $1.02 billion in Q1 2025.
- Platform revenue grew 28.4% to $1.13 billion, up from $880.8 million in Q1 2025.
- Devices revenue decreased 15.9% to $117.6 million, down from $139.9 million in Q1 2025.
- Net cash provided by operating activities rose 43.5% to $199.1 million.
- The company repurchased $100 million of common stock during the quarter.
- Reportable segments changed to Advertising, Subscriptions, and Devices in Q1 2026.
Price Impact
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