Roku TV Hits New Heights in Q4

Published: February 17, 2025

Roku TV Hits New Heights in Q4

By Movieguide® Contributor

Roku TV has reached new heights as revealed in the company’s Q4 earnings report.

“We delivered outstanding Platform results in Q4 — our first quarter with more than $1 billion in Platform revenue, which grew 25% YoY,” the company’s letter to shareholders said. “We also continue to expand our penetration in the U.S., which has surpassed half of broadband households. In Q4, Streaming Hours on The Roku Channel grew 82% YoY, and in the U.S. it reached households with approximately 145 million people.”

“We continue to make progress growing ad demand through deeper third-party platform integrations, improving the Roku Experience (which starts at our Home Screen) to expand monetization, and growing Roku-billed subscriptions,” the letter continued. “As we look ahead, we see clear paths to growing our KPMs of Streaming Hours, Platform revenue, Adjusted EBITDA, and Free Cash Flow. In addition, we expect to be operating income positive for full year 2026.”

The report revealed that Roku’s total revenue for the year was $4.1 billion, up 18% year over year. Its gross profit was $1.8 billion, up 18% YoY. Streaming households increased by 9.8 million from 2023 to 89.8 million. According to Deadline, streaming hours grew 82% over a year ago.

Variety reported Roku’s shares were up by more than 14% during after-hours trading on Thursday.

What led to its growth? “…our ability to recommend relevant content throughout the Roku Experience,” and the platform’s live sports offerings. Roku provided an option for basketball fans to watch live NBA G league games and also became the home for action-sports competition the X-Games.

Roku plans to continue its profit increase for 2025 and generate a total net revenue of $1.005 billion, up 14% YoY during Q1.