Roku’s Q3 Revenue Jumps 24% as Ad Spending Rebounds
WHO:
Deadline - Roku reported its third-quarter financial results.
Deadline - Roku’s pending merger is with Fox Corp.
Techmeme - The results were reported by Todd Spangler of Variety.
Variety - Roku is a streaming platform company.
WHAT:
Deadline - Roku’s revenue rose 24% year over year to $1.5 billion.
Deadline - Earnings per share increased to $1.20 from 16 cents.
Techmeme - Platform revenue rose 23% to $1.3 billion.
Techmeme - Advertising revenue rose 23% to $727.4 million.
Techmeme - Subscription revenue rose 23% to $580.9 million.
Techmeme - Roku exceeded Wall Street earnings expectations.
Variety - Total gross profit was $649 million, up 24%.
Variety - Roku generated net income of $183 million.
Variety - Media and entertainment advertising spending saw its biggest growth in four years.
WHEN:
Deadline - Roku reported results for the third quarter, covering July through September.
Deadline - The results were announced Monday.
Variety - The article described the merger as expected to occur next year.
WHY:
Variety - Media and entertainment advertising spending growth accompanied Roku’s increased sales.
HOW:
Deadline - The proposed $22 billion merger with Fox Corp. was continuing through the regulatory process.
Variety - Roku’s reported revenue growth included increases in platform, advertising, and subscription revenue.
(UPDATED November 2, 2026 23:00 UTC)
Roku reported third-quarter revenue of $1.5 billion, up 24% year over year. Earnings per share climbed to $1.20 from 16 cents, beating expectations. Its proposed $22 billion Fox merger remains under regulatory review, with completion expected next year.