Quarterly ResultAug 6, 2026, 04:24 PM
Roku Q2 Net Income $164M, Revenue $1.35B, up 1464% YoY
AI Summary
Roku, Inc. announced strong financial results for the second quarter ended June 30, 2026, with total net revenue increasing 22% to $1.35 billion and net income soaring 1464% to $164 million. The company achieved record highs in net income, Adjusted EBITDA, and Free Cash Flow (TTM), driven by significant growth in both advertising and subscriptions. These results come as the company prepares for a pending acquisition by FOX Corporation, which was announced on June 15, 2026.
Key Highlights
- Net income reached $164 million, a 1464% increase year-over-year.
- Total net revenue was $1.35 billion, up 22% year-over-year.
- Platform revenue grew 25% year-over-year to $1.22 billion.
- Adjusted EBITDA was $254 million, marking a 225% increase year-over-year.
- Free Cash Flow (TTM) hit a record high of $704 million, up 80% year-over-year.
- Advertising revenue increased 25% year-over-year to $673 million.
- Subscriptions revenue grew 26% year-over-year to $548 million.
- The company is subject to a pending acquisition by FOX Corporation.
Price Impact
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