Overview

* Roku Q3 2025 revenue rose 14% YoY to $1.211 bln, just beating analyst expectations

* Platform revenue grew 17% YoY, driven by video advertising and streaming services

* Company repurchased $50 mln of common stock, raising full-year outlook

Outlook

* Roku expects Q4 2025 total net revenue of approximately $1.35 bln

* Roku ( ROKU ) raises full-year 2025 platform revenue outlook to $4.11 bln

* Roku ( ROKU ) projects double-digit platform revenue growth in 2026 and beyond

Result Drivers

* VIDEO ADVERTISING - Growth in video advertising and streaming services distribution drove platform revenue up 17% YoY

* AD DEMAND INTEGRATIONS - Expanded integrations with third-party ad platforms increased ad demand and diversified revenue

* SUBSCRIPTION GROWTH - Enhancements in content discovery and new offerings like Howdy boosted Roku ( ROKU )-billed subscriptions

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 *Slight $1.21 $1.20

Revenue Beat bln bln (26

Analysts

)

Q3 Gross $525 mln

Profit

*Applies to a deviation of less than 1%; not applicable for per-share numbers

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy", 12 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the entertainment production peer group is "buy"

* Wall Street's median 12-month price target for Roku Inc ( ROKU ) is $110.00, about 10.4% above its October 29 closing price of $98.61

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)