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Roku (ROKU) Reports Q3 Earnings: What Key Metrics Have to Say

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For the quarter ended September 2026, Roku (ROKU - Free Report) reported revenue of $1.5 billion, up 24.1% over the same period last year. EPS came in at $1.15, compared to $0.16 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $1.41 billion, representing a surprise of +6.49%. The company delivered an EPS surprise of +109.09%, with the consensus EPS estimate being $0.55.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Roku performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Streaming Hours: 39.9 billion versus the three-analyst average estimate of 40.57 billion.
  • Net Revenue- Devices: $193.7 million versus the nine-analyst average estimate of $146.37 million. The reported number represents a year-over-year change of +32.7%.
  • Net Revenue- Platform: $1.31 billion versus the nine-analyst average estimate of $1.27 billion. The reported number represents a year-over-year change of +22.9%.
  • Revenue- Platform- Advertising: $727.42 million compared to the $711.2 million average estimate based on two analysts.
  • Revenue- Platform- Subscription: $580.91 million versus $551.6 million estimated by two analysts on average.
  • Gross Profit- Platform: $697.12 million versus $664.86 million estimated by seven analysts on average.
  • Gross Profit- Devices: $-48.6 million compared to the $-35.77 million average estimate based on seven analysts.

View all Key Company Metrics for Roku here>>>

Shares of Roku have returned +1.8% over the past month versus the Zacks S&P 500 composite's -0.9% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.

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