Overview

• Roku posted $1.02 billion in Q1 2025 revenue, a 16% year-over-year increase, and narrowed its net loss to $0.19 per share, beating analyst expectations.
• Platform revenue rose 17% to $881 million, while device revenue grew 11% to $140 million, reflecting continued strength in its advertising-driven model.
• Total streaming hours reached a record 35.8 billion in Q1, up 17% year-over-year, driven by AI-enhanced content discovery and The Roku Channel's growth.
• The company reaffirmed its full-year 2025 guidance, targeting $3.95 billion in platform revenue and $350 million in adjusted EBITDA, despite macroeconomic uncertainty.
• Roku announced a $185 million acquisition of Frndly TV to expand its platform offerings, as it maintains its position as the top TV operating system in the U.S., Canada, and Mexico.