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Roku, Inc. ROKU Subscriptions — 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
Gross profit (loss):
Platform:
Advertising370,969270,399
Subscriptions213,116193,912
Total Platform584,085464,311
Devices(19,149)(19,266)
Total gross profit564,936445,045
Operating expenses:

Item 1. Financial Statements (Unaudited)

FAQ

What is Roku, Inc.'s subscriptions — gross profit?
Roku, Inc. (ROKU) reported subscriptions — gross profit of $213.12M in Q1 2026.
What does subscriptions — gross profit mean?
This is the difference between subscription net revenue and the direct costs of providing those services. It reflects the fundamental profitability of the subscription business model before accounting for operating expenses like marketing or R&D. A healthy gross profit margin in this segment is critical for demonstrating the long-term viability of the streaming platform's service-based revenue streams.

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