
Roku reported Q3 2025 revenue of $1.21 billion (est. $1.21B) and GAAP EPS of $0.16 (est. $0.09), achieving first positive operating income since 2021. The company expects Q4 revenue of $1.35 billion (est. $1.32B) and raised full-year platform revenue guidance to $4.11 billion while targeting double-digit platform revenue growth and increased profitability in 2026 and beyond.
Bullish
Roku is focused on making better use of their home screen, growing ad demand, and growing subscription revenue.
Bearish
The media and entertainment vertical remains pressured, indicating potential challenges in the CTV advertising business.