Roku Shares Pop 13% After Swinging to $80.5 Million Profit in Q4
Shares of Roku climbed as much as 13% in after-hours trading on Thursday after the streaming hardware maker beat Wall Street expectations for its fourth quarter.
The results were driven by an 18% increase in platform revenue to $1.2 billion and 3% increase in devices revenue to $170.9 million.
It also forecast $5.5 billion in net revenue for 2026, or 16% growth year over year, as well as $2.44 billion in gross profit and $635 million in adjusted EBITDA.
Here are the quarter’s results:
Net Income: A profit of $80.5 million, compared to a loss of $35.5 million a year ago.
Revenue: $1.39 billion, compared to $1.35 billion expected by analyst estimates compiled by Yahoo Finance.
Earnings per share: 53 cents per share, compared to 28 cents per share expected by analyst estimates compiled by Yahoo Finance.
In October, Roku rolled out new features, including an updated version of its voice search tool and enhancements to its sports offering. Executives previously teased that a larger update to its home screen would come in 2026.
More to come…
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