Q4 25 EPS
$0.53
BEAT +95.36%
Est. $0.27
Q4 25 Revenue
$1.39B
vs S&P Since Q4 25
+26.7%
BEATING MARKET
ROKU +32.4% vs S&P +5.7%
Full Year 2025 Results
FY 25 EPS
$0.59
BEAT +79.71%
Est. $0.33
FY 25 Revenue
$4.74B
BEAT +0.87%
Est. $4.70B
Market Reaction
Did ROKU Beat Earnings? Q4 2025 Results
Roku capped a landmark year with a blowout fourth quarter, posting adjusted EPS of $0.53 against a consensus estimate of $0.27, a 95.36% beat, while revenue of $1.39 billion topped expectations by 3.01% and grew 16.1% year over year. The headline num… Read more Roku capped a landmark year with a blowout fourth quarter, posting adjusted EPS of $0.53 against a consensus estimate of $0.27, a 95.36% beat, while revenue of $1.39 billion topped expectations by 3.01% and grew 16.1% year over year. The headline numbers were powered by the company's Platform segment, where 18% revenue growth reflected surging video advertising demand and streaming services distribution, with The Roku Channel climbing to a record 6.3% share of all U.S. TV streaming in December, making it the second-largest free ad-supported streaming app in the country. Perhaps more significant than the quarterly figures was the full-year milestone beneath them: Roku recorded its first profitable year since going public, generating $88.36 million in annual net income versus a $129.39 million loss in 2024, a swing that analysts say challenges long-standing bearish narratives about the business model's viability. Management guided full-year 2026 revenue of $5.50 billion with Adjusted EBITDA of $635 million, implying further margin expansion as the company targets 100 million streaming households globally.
Key Takeaways
- • Platform revenue grew 18% YoY driven by video advertising and streaming services distribution
- • The Roku Channel reached 6.3% of all TV streaming in December 2025, up from 4.6% a year ago
- • Record quarter for Premium Subscriptions net adds benefiting from holiday promotions
- • Streaming Hours of 145.6 billion for the full year, up 15% YoY
- • Video advertising on Roku grew faster YoY than the U.S. OTT and broader digital ad markets
- • Adjusted EBITDA margin expanded 255 basis points for the full year
ROKU YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
ROKU Revenue by Segment
With YoY comparisons, source: SEC Filings
“We delivered excellent results in 2025, driven by consistent execution and the differentiation of our leading TV streaming platform. By expanding our Platform monetization over the last two years, we've unlocked new growth engines and achieved record-breaking financial performance.”
— Anthony Wood, Q4 2025 Earnings Press Release
ROKU Earnings Trends
ROKU vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
ROKU EPS Trend
Earnings per share: estimate vs actual
ROKU Revenue Trend
Quarterly revenue: estimate vs actual
ROKU Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $0.57 | — | $1.25B | +3.70% |
| Q4 25 BEAT FY | $0.27 | $0.53 | +95.36% | $1.39B | — |
| FY Full Year | $0.33 | $0.59 | +79.71% | $4.74B | +0.87% |
| Q3 25 BEAT | $0.09 | $0.16 | +75.82% | $1.21B | +0.38% |
| Q2 25 BEAT | $-0.16 | $0.07 | +144.14% | $1.11B | +3.62% |
| Q1 25 BEAT | $-0.25 | $-0.19 | +24.75% | $1.02B | +1.29% |