AI-extracted from the 10-Q filed 2026-08-06 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Roku swung to $164.2M net income on $1,354.7M revenue (+22% YoY), driven by 25% Advertising and 26% Subscriptions growth, while agreeing to be acquired by Fox Corporation for cash-plus-stock consideration.
Biggest Revenue Drivers
Advertising$672.8M+25% YoY
Driven by a 40% increase in video ad impressions from higher user engagement and streaming hours, partially offset by a 12% decrease in average price per impression
Subscriptions$548.2M+26% YoY
Driven by an 11% increase in number of subscriptions and 25% increase in average price per subscription, plus expansion of owned/operated services including Frndly TV and Howdy
Biggest Revenue Drivers
Total revenue: $1,354.7M+22% YoY
Advertising$672.8M+25% YoY
Driven by a 40% increase in video ad impressions from higher user engagement and streaming hours, partially offset by a 12% decrease in average price per impression
Subscriptions$548.2M+26% YoY
Driven by an 11% increase in number of subscriptions and 25% increase in average price per subscription, plus expansion of owned/operated services including Frndly TV and Howdy
Devices$133.7M-1% YoY
Volume of devices shipped fell 31% on lower streaming player sales, offset by a 35% higher average selling price from more Roku-branded TV sales
Largest Expense Items
Sales and marketing$223.2M-8% YoY
Lower marketing expenses of $28.5M, partially offset by a $7.0M increase in personnel expenses
General and administrative$124.6M+25% YoY
$18.7M of merger-related costs tied to the Fox transaction and $13.4M higher non-income based taxes, partially offset by lower legal and consulting expenses
Research and development$179.7M+1% YoY
Higher cloud hosting and consulting expenses of $5.9M, partially offset by lower personnel expenses from decreased stock-based compensation
Margins: Total gross profit margin rose to 50% from 45% a year ago, led by Advertising gross margin expanding to 32% from 27% on higher ad pricing leverage; Devices gross profit turned positive at $26.9M versus a small loss, aided by an IEEPA tariff refund lowering freight costs.
Watch Items from the Filing
Roku agreed to be acquired by Fox Corporation (0.9693 Fox shares plus $96.00 cash per share); the deal carries an $866.1M termination fee payable by Roku and is expected to close in H1 2027, subject to stockholder and antitrust approvals.
Customer J accounted for 12% of total net revenue in both the three and six months ended June 30, 2026, primarily attributable to the Advertising segment.
Amazon, Best Buy, Target, and Walmart together accounted for 79% of Devices revenue in the quarter, down from 83% a year ago, indicating continued heavy retail channel concentration.
The top three streaming services excluding The Roku Channel represented more than half of all hours streamed on the platform in the quarter, concentrating engagement in a small number of content partners.
Cost of revenue, subscriptions rose 34% YoY to $321.4M on higher licensing and content costs, growing faster than Subscriptions revenue's 26% gain and compressing that segment's margin expansion.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Hastings JeffDirectorGrant or award · Jun 11, 2026
Rothrock Ray A.DirectorGrant or award · Jun 11, 2026
Congress trading in ROKU
2 transactions in ROKU reported by 2 members of Congress under the STOCK Act, most recent trade Apr 10, 2023. Reported transactions, not recommendations.
About ROKU, INC (ROKU): stock profile, AI score and financials
ROKU, INC (ROKU) stock profile, AI quality score, and SEC EDGAR financial data, a Communication Services sector company. 13F Pro's AI-powered ranking engine scores ROKU at 66.2/100 on a composite quality score built from its SEC filings, placing it at rank #423 of 2,925 stocks — the top 25% of the AI-ranked universe. ROKU scores in the top quartile across balance sheet strength (80.6), revenue scale (78.3), revenue growth (78.0). Areas of concern include institutional flow (38.3), which score below median versus the broader universe. Shareholder dilution risk is elevated at 19.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), ROKU, INC reports quarterly revenue of $1.4B, net income of $164.2M, an operating margin of 10.8%. Top institutional holders of ROKU by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. ROKU trades on the Nasdaq exchange and files with the SEC under CIK 1428439. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ROKU daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for ROKU, INC directly from SEC EDGAR.