Roku hits record profit in second quarter. The company reported a net income of $164.2 million in the quarter, and streaming hours rose as well. - August 7, 2026 Known for breaking major streaming stories, he's covered everything from Netflix policy shifts to Peacock's ad-tier changes. A sci-fi fan and Toshiba Fire TV user, he brings sharp analysis and a love for the genre to his reporting. Roku will soon no longer be a standalone company. Fox is set to acquire the company in a deal worth $22 billion. Until the deal closes, however, Roku will continue to issue quarterly earnings reports of its own, and its second-quarter results show that the company is quite healthy as it prepares to be brought under the Fox tent. Key details: * Record profit: Roku had a record high net income of $164 million in the second quarter. * Everyone's watching: Streaming hours on Roku hit nearly 38 billion during the quarter. * New and improved: Roku also launched a new home screen in Q2. Article continues below this related video: Something is interfering with this video Turn off ad blockers to watch this or try refreshing this page Why You've Been Wrong About Scream 3 All Along Roku generated total revenue of $1.35 billion in the second quarter, up 22%. The company recorded a net income of $164.2 million, its highest ever, and more than 10 times its net income in the year-ago quarter of $10.5 million. The second quarter marked Roku's fifth straight profitable three-month period. Streaming hours were also up for the Roku platform during the quarter. Total hours streamed across all Roku platforms reached 37.9 billion, a 7% year-over-year increase. In April, the company announced that it had surpassed 100 million streaming households globally, giving it a commanding presence in the marketplace. Subscription revenue also rose in the quarter, moving up 26% to $548 million, and ad sales were up 25% to $673 million. In all, the report paints a rosy picture of the company as it moves toward its acquisition by Fox. In discussing the Roku deal during Fox's earnings call on Thursday, Fox CEO Lachlan Murdoch said that "together, Fox and Roku combine premium live content, deep market relationships, scale distribution and leading platform capabilities, including subscriptions, to respond to the evolving needs of consumers and advertisers." A new Roku home screen experience launched during the second quarter, and company executives called the early returns on that launch "encouraging" in their letter to shareholders. They say the new experience has "improved our ability to retain households in the U.S., resulting in more users we can serve and thus reducing overall costs to grow streaming households."

Roku reported second quarter results that beat analyst expectations, with adjusted earnings per share of $1.08 versus the $0.60 estimate and revenue of $1.35 billion against the $1.3 billion estimate. Total net revenue increased 22% year-over-year, while platform revenue grew 25% to $1.22 billion. The company generated net income of $164 million and adjusted EBITDA of $254 million, both record highs. Advertising revenue rose 25% to $673 million, with gross margin expanding to 62.4%. Subscriptions revenue increased 26% to $548 million. Streaming hours reached 37.9 billion, up 7% year-over-year. Devices revenue declined 1% to $134 million. Fox Corporation is acquiring Roku under a definitive agreement announced on 15 June 2026. The company did not provide financial guidance due to the pending acquisition.

Charles Collier, President of Roku Media, sold 20,538 shares of Roku for $3.0 million on 4 August 2026, according to an SEC Form 4 filing. The transaction was a cashless option exercise at a strike price of $49.59, with shares sold at a weighted average price of $145.93. Following the sale, Collier directly holds 15,200 shares valued at $2.24 million. He retains exposure through 71,883 derivative securities, including vested and unvested awards. The transaction was executed under a Rule 10b5-1 trading plan, indicating predetermined instructions rather than a discretionary decision. At the time of sale, Roku had delivered a 72% one-year total return. Roku operates a streaming television platform serving over 60 million active accounts, with a market capitalisation of $21.9 billion and trailing twelve-month revenue of $5.0 billion.