Roku profit margin ROKU
Gross, operating and net profit as a share of revenue over the last twelve months, from 2016.
- Net margin, 12 months
- 6.8%
- Operating margin, 12 months
- 5.2%
- Net margin on a year earlier
- +8.2 pts
- Peer median
- 5.8%
Over the twelve months to Jun 30, 2026, Roku kept 6.8% of its revenue as net profit, with an operating margin of 5.2% and a gross margin of 45.5%.
Five years earlier its net margin was 9.9%.
The median for 10 entertainment stocks of a similar size is 5.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 1.9% | −0.1% | 43.8% |
| FY2024 | −3.1% | −5.3% | 43.9% |
| FY2023 | −20.4% | −22.7% | 43.7% |
| FY2022 | −15.9% | −17.0% | 46.1% |
| FY2021 | 8.8% | 8.5% | 51.0% |
| FY2020 | −1.0% | −1.1% | 45.4% |
| FY2019 | −5.3% | −5.8% | 43.9% |
| FY2018 | −1.2% | −1.8% | 44.7% |
| FY2017 | −12.4% | −3.8% | 39.0% |
| FY2016 | −10.7% | n/a | 30.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 6.8% | +8.2 pts | 5.2% | |
| Q1 FY26 | 4.1% | +6.5 pts | 2.1% | |
| Q4 FY25 | 1.9% | +5.0 pts | −0.1% | |
| Q3 FY25 | −0.6% | +3.8 pts | −2.4% | |
| Q2 FY25 | −1.4% | +11.8 pts | −3.5% | |
| Q1 FY25 | −2.5% | +13.1 pts | −4.8% | |
| Q4 FY24 | −3.1% | +17.2 pts | −5.3% | |
| Q3 FY24 | −4.4% | +21.4 pts | −7.3% | |
| Q2 FY24 | −13.2% | +7.4 pts | −15.9% | |
| Q1 FY24 | −15.6% | +5.6 pts | −18.0% | |
| Q4 FY23 | −20.4% | −4.4 pts | −22.7% | |
| Q3 FY23 | −25.8% | −18.2 pts | −27.9% |
Against its peers
Companies in Entertainment nearest Roku's size, closest first, today.
| Company | Profit margin |
|---|---|
| ROKURoku | 6.8% |
| FWONKLiberty Media | 9.4% |
| FOXAFox | 9.8% |
| TKOTKO | 4.3% |
| WMGWarner Music | 9.2% |
| LYVLive Nation Entertainment | 0.5% |
| CHDNChurchill Downs | 13.8% |
| MTNVail Resorts | 5.2% |
| NXSTNexstar Media | 3.2% |
| CNKCinemark | 6.4% |
| RSIRush Street Interactive | 2.3% |
| Peer median | 5.8% |
Where Roku ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Roku
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.