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Roku, Inc. ROKU Advertising — Gross Profit

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Other financials

Income statement

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Revenue$1.2B+22.4%
Gross profit$564.9M+26.9%
Operating income$51.8M+190%
Net income$85.7M+412%
EPS (diluted)$0.57+400%

Balance sheet

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Cash & equivalents$1.6B-26.9%
Total debt$501.1M-13.2%
Total equity$2.7B+5.8%
Total assets$4.4B+4.1%

Cash flow

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Operating cash flow$199.1M+43.5%
CapEx$3.1M+62.3%
Free cash flow$196.0M+43.3%

Valuation

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Market cap$21.63B+71.1%
Enterprise value$20.49B+86.9%
P/E107.4×
P/S4.4×+1.5×

Profitability

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Gross margin44.2%+0.4pp
Operating margin-2.4%-1.0pp
Net margin4.1%+2.9pp
FCF margin10.8%+3.7pp

Returns & leverage

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Return on equity7.8%+5.7pp
Debt / equity0.2×0.0×
Current ratio2.9×0.0×

Where this comes from

Reported directly by Roku, Inc. in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

The source filing: Roku, Inc.’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 4:04 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-029310
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Total cost of revenue683,943575,627
Gross profit (loss):
Platform:
Advertising370,969270,399
Subscriptions213,116193,912
Total Platform584,085464,311
Devices(19,149)(19,266)
Total gross profit564,936445,045

Item 1. Financial Statements (Unaudited)

FAQ

What is Roku, Inc.'s advertising — gross profit?
Roku, Inc. (ROKU) reported advertising — gross profit of $370.97M in Q1 2026.
What does advertising — gross profit mean?
This is the residual profit after subtracting the direct costs of delivering advertising services from the total advertising net revenue. It measures the fundamental profitability of the advertising segment before accounting for operating expenses like R&D, sales, and marketing. A strong gross profit margin indicates a healthy spread between ad pricing and the costs of content and infrastructure.

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