Entertainment5 sources
Roku Reports 7-Fold Profit Increase in Q3, Surpassing Expectations
- Roku's net income for Q3 was $183 million, a significant increase from $25 million in the same period last year.
- Total revenue for Q3 rose 24% to approximately $1.5 billion.
- The growth in profit is largely attributed to the rapid expansion of Roku's ad business.
- Roku's pending $22 billion merger with Fox Corp. is progressing through regulatory processes.
- Shares of Roku remained roughly flat in early after-hours trading following the earnings report.
Articles (5)
The Motley Fool·
Roku's Ads Drive a 7-Fold Jump in Profit: Rapid Earnings Reaction
The Hollywood Reporter·
Roku Sees Soaring Sales, Net Income of $183M, As It Blasts Past Analyst Expectations
Deadline·
As Roku’s Merger With Fox Clears More Hurdles, Streaming Provider Delivers Strong Q3 Results
Financial Times·
Roku Releases Third Quarter 2026 Financial Results – Company Announcement
Variety·
Roku Delivers Another Stellar Quarter: Q3 Sales Soar 24% as Media and Entertainment Ad Spending Sees Biggest Growth in Four Years