Roku Explodes Quarterly Profit 1,464%, Revenue Up 22% Ahead of Fox Merger
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Erik Gruenwedel August 6, 2026 Roku Aug. 6 reported a fiscal homerun in the second quarter, ended June 30. The streaming video pioneer posted net income of $164.2 million on revenue of more than $1.35 billion. The profit was 1,464% higher than the $10.2 million posted in the prior year period. Revenue increased 22% from $1.11 billion. Roku platform revenue, driven by digital advertising and streaming services distribution from third-party services across more than 100 million homes worldwide, topped$1.22 billion, up 25% from $975.5 million last year. Streaming hours increased 7% to 37.9 billion from 35.4 billion hours. Free ad-supported The Roku Channel was the No. 2 app on the Roku platform by engagement in the U.S., and achieved a platform-best 3.1% share of household TV viewing on Nielsen's The Gauge for May. While device revenue dipped 1% to $133.7 million from $135.6 million, operating profit almost reached $27 million from zero profit a year ago. With Roku set to be acquired by Fox Corporation, Anthony Wood, founder/CEO of Roku, and CFO Dan Jedda believe the company's scale, platform strategy, and financial strength continue to lead the evolution of TV streaming while delivering sustainable, long-term growth. "Our pending acquisition is an extraordinary opportunity to accelerate our vision, allowing us to scale faster and innovate more aggressively for viewers...
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