How did Roku perform in Q2 2026?

Total net revenue was $1.35 billion, up 22% YoY, and Platform revenue was $1.22 billion, up 25% YoY. Net income was $164 million, compared with $10.5 million a year earlier, and Adjusted EBITDA was $254 million, compared with $78.2 million.

What is the status of the pending transaction with Fox?

On June 15, 2026, Fox Corporation and Roku announced a definitive agreement under which FOX will acquire Roku. The letter states that, in light of the pending transaction, the company will not host an earnings call and will not provide a financial outlook. Merger-related costs of $18.7 million were recorded in Q2 2026.

Did the Devices segment's results include one-time benefits?

Yes. The company states that Devices gross margin of 20.1% benefited from an IEEPA refund for tariff payments made from Q2 2025 through Q1 2026. Excluding the refund, Q2 Devices gross margin would have been (7.6%), net income would have been $127 million, and Free Cash Flow would have been $242 million.

What drove growth in Advertising and Subscriptions?

Advertising revenue grew 25% YoY to $673 million, driven by a mix shift toward higher-margin ad products, and the company cites its programmatic capabilities and political advertising strength. Subscriptions revenue grew 26% YoY to $548 million, with sports streaming, including World Cup offerings, cited as contributors, while the gross margin decline was attributed mainly to a mix shift toward Premium Subscriptions.

Is this 8-K a filed document for Section 18 purposes?

No. The filing states that the information under Item 2.02, including Exhibit 99.1, is being furnished and shall not be treated as filed for purposes of Section 18 of the Securities Exchange Act of 1934, nor deemed incorporated by reference into other registration statements or filings except as expressly stated.

ROKU 8-K: Earnings & Results

01—Abstract

Summary

Summary of the 8-K filed August 6, 2026. Cited figures are marked; the original filing is the authoritative source.

Roku, Inc. furnished a Form 8-K dated August 6, 2026, attaching its Q2 2026 Shareholder Letter (Exhibit 99.1), which reports results for the quarter ended June 30, 2026.

Total net revenue was $1.35 billion^a, up 22% YoY, and Platform revenue was $1.22 billion, up 25% YoY. Advertising revenue grew 25% YoY to $673 million with a gross margin of 62.4%, and Subscriptions revenue grew 26% YoY to $548 million with a gross margin of 41.4%. Total gross profit was $674 million, up 35% YoY.

Net income was $164 million^b and Adjusted EBITDA was $254 million, both described by the company as record highs, and trailing-twelve-month Free Cash Flow was $704 million. Operating income was $146.2 million, compared with a loss of $23.3 million a year earlier. Devices revenue was $134 million, down 1% YoY, and its gross margin of 20.1% benefited from an IEEPA tariff refund for payments made from Q2 2025 through Q1 2026.

Excluding the refund, the company states that Q2 Devices gross margin would have been (7.6%), net income would have been $127 million^c, and Free Cash Flow would have been $242 million. Merger-related costs of $18.7 million were excluded from Adjusted EBITDA. The letter states that Roku has a pending acquisition by Fox Corporation, under a definitive agreement announced June 15, 2026.

Because of the pending transaction, the company will not host an earnings call and will not provide a financial outlook. The information in Item 2.02 and Exhibit 99.1 is furnished and not deemed filed for purposes of Section 18 of the Exchange Act.

02—Key points

Key Highlights

Total net revenue of $1.35 billion, up 22% YoY; Platform revenue of $1.22 billion, up 25% YoY, with total gross margin of 49.7%.
Advertising revenue of $673 million, up 25% YoY, with gross margin expanding to 62.4%, up 6.5 pts YoY and about 190 basis points QoQ, driven mainly by a mix shift toward higher-margin ad products.
Subscriptions revenue of $548 million, up 26% YoY, with gross margin of 41.4%, down roughly 360 basis points YoY due mainly to a mix shift toward Premium Subscriptions.
Net income of $164 million and Adjusted EBITDA of $254 million, both described as record highs; trailing-twelve-month Free Cash Flow of $704 million.
Devices gross margin of 20.1% included an IEEPA tariff refund; excluding it, the company reports Devices gross margin of (7.6%), net income of $127 million, and Free Cash Flow of $242 million.
Pending acquisition by Fox Corporation, announced June 15, 2026; no earnings call and no financial outlook will be provided.
Cash and cash equivalents of $2.00 billion at June 30, 2026, with $162.7 million of common stock repurchases in the first six months of 2026.

03—Questions

Frequently Asked Questions

How did Roku perform in Q2 2026?
Total net revenue was $1.35 billion, up 22% YoY, and Platform revenue was $1.22 billion, up 25% YoY. Net income was $164 million, compared with $10.5 million a year earlier, and Adjusted EBITDA was $254 million, compared with $78.2 million.
What is the status of the pending transaction with Fox?
On June 15, 2026, Fox Corporation and Roku announced a definitive agreement under which FOX will acquire Roku. The letter states that, in light of the pending transaction, the company will not host an earnings call and will not provide a financial outlook. Merger-related costs of $18.7 million were recorded in Q2 2026.
Did the Devices segment's results include one-time benefits?
Yes. The company states that Devices gross margin of 20.1% benefited from an IEEPA refund for tariff payments made from Q2 2025 through Q1 2026. Excluding the refund, Q2 Devices gross margin would have been (7.6%), net income would have been $127 million, and Free Cash Flow would have been $242 million.
What drove growth in Advertising and Subscriptions?
Advertising revenue grew 25% YoY to $673 million, driven by a mix shift toward higher-margin ad products, and the company cites its programmatic capabilities and political advertising strength. Subscriptions revenue grew 26% YoY to $548 million, with sports streaming, including World Cup offerings, cited as contributors, while the gross margin decline was attributed mainly to a mix shift toward Premium Subscriptions.
Is this 8-K a filed document for Section 18 purposes?
No. The filing states that the information under Item 2.02, including Exhibit 99.1, is being furnished and shall not be treated as filed for purposes of Section 18 of the Securities Exchange Act of 1934, nor deemed incorporated by reference into other registration statements or filings except as expressly stated.

04—Continue

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