Roku beat Wall Street earnings expectations for its third quarter of 2025 on Thursday, swinging to a profit of $24.8 million, while revenue was in line, growing 14% year over year to $1.21 billion.
But investors were hoping for a bigger beat and stronger forecast, with the streamer and hardware maker’s shares falling over 6%.
Platform revenue grew 17% to $1.07 billion and profit climbed 11% to $547.8 million, driven by strength in streaming services distribution and video advertising, while the devices segment saw revenue fall 5% to $146 million and posted a loss of $22.9 million. The company’s operating income also turned positive for the first time since 2021, hitting $9.5 million. Gross profit rose 9% to $525 million.
Here are the quarter…
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