Discontinued — last reported Q4 '25

Products & Services · Total Cost of Revenue

Services — Total Cost of Revenue

Roku, Inc. Services — Total Cost of Revenue increased by 11.7% to $577.27M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 21.4%, from $475.40M to $577.27M. Over 4 years (FY 2021 to FY 2025), Services — Total Cost of Revenue shows an upward trend with a 24.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ4 2025Feb 13, 2026

How to read this metric

An increase relative to revenue may signal rising content acquisition costs or inefficiencies in service delivery, while a decrease relative to revenue suggests improved operating leverage.

Detailed definition

This metric captures the direct costs associated with delivering digital services, including content acquisition costs,...

Peer comparison

Comparable to cost of services or cost of digital revenue reported by media, streaming, and software-as-a-service companies.

Metric ID: roku_segment_services_total_cost_of_revenue

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$187.33M$203.99M$272.60M$265.79M$295.06M$295.55M$323.28M$300.59M$348.01M$408.55M$370.40M$360.57M$384.45M$416.40M$475.40M$416.51M$477.80M$516.87M$577.27M
QoQ Change+8.9%+33.6%-2.5%+11.0%+0.2%+9.4%-7.0%+15.8%+17.4%-9.3%-2.7%+6.6%+8.3%+14.2%-12.4%+14.7%+8.2%+11.7%
YoY Change+57.5%+44.9%+18.6%+13.1%+17.9%+38.2%+14.6%+20.0%+10.5%+1.9%+28.3%+15.5%+24.3%+24.1%+21.4%
Range$187.33M$577.27M
CAGR+28.4%
Avg YoY Growth+23.4%
Median YoY Growth+20.0%
Current Streak3 quarters growth

Frequently Asked Questions

What is Roku, Inc.'s services — total cost of revenue?
Roku, Inc. (ROKU) reported services — total cost of revenue of $577.27M in Q4 2025.
How has Roku, Inc.'s services — total cost of revenue changed year-over-year?
Roku, Inc.'s services — total cost of revenue increased by 21.4% year-over-year, from $475.40M to $577.27M.
What is the long-term trend for Roku, Inc.'s services — total cost of revenue?
Over 4 years (2021 to 2025), Roku, Inc.'s services — total cost of revenue has grown at a 24.8% compound annual growth rate (CAGR), from $818.51M to $1.99B.
What does services — total cost of revenue mean?
The direct costs incurred to provide and support digital services and content offerings.