Roku (ROKU) EBITDA Margin (2016 - 2026)
Roku's (ROKU) quarterly EBITDA Margin came in at 4.15% in Q1 2026, up 980.0% year-on-year from 0.38% in Q1 2025, and down 12.35% quarter-over-quarter from 4.73% in Q4 2025.
Roku (ROKU) EBITDA Margin (2016 - 2026) Analysis & Trends
Roku's EBITDA Margin history runs 11 years deep, the most recent figure standing at 4.15% for Q1 2026.
- On a quarterly basis, EBITDA Margin rose 980.0% year-over-year to 4.15% in Q1 2026; TTM through Mar 2026 was 2.09%, a 689.0% increase from a year earlier, with the FY2025 full-year figure at 0.12%, up 519.0% from the prior year.
- EBITDA Margin retreated to 4.15% in Q1 2026 per ROKU's latest filing, from 4.73% in the prior quarter.
- Across five years, EBITDA Margin topped out at 4.73% in Q4 2025 and bottomed at 38.35% in Q3 2023.
- The 5-year median for EBITDA Margin is 7.36% (2024), against an average of 10.5%.
- Across the five-year window, EBITDA Margin sank 14307 bps in 2022 and surged 3499 bps in 2024, its largest moves.
- Year by year, EBITDA Margin stood at 28.82% in 2022, then jumped by 63 bps to 10.58% in 2023, then soared by 69 bps to 3.26% in 2024, then soared by 245 bps to 4.73% in 2025, then retreated by 12 bps to 4.15% in 2026.
- Per Business Quant, the three latest ROKU EBITDA Margin figures stand at 4.15% (Q1 2026), 4.73% (Q4 2025), and 0.78% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | 33.38% |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | -42.23% |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | -27.76% |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | -9.77% |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 9.00% |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | 4.15% |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 21.20% |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | 8.14% |
| 9 | News | 16.48 Bn | 15.01 Bn | - | 9.79% |
| 10 | Sirius Xm Holdings | 10.04 Bn | 9.96 Bn | 2.09 Bn | 21.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.15% |
| Dec 31, 2025 | 4.73% |
| Sep 30, 2025 | 0.78% |
| Jun 30, 2025 | -2.10% |
| Mar 31, 2025 | -5.66% |
| Dec 31, 2024 | -3.26% |
| Sep 30, 2024 | -3.37% |
| Jun 30, 2024 | -7.36% |
| Mar 31, 2024 | -8.17% |
| Dec 31, 2023 | -10.58% |
| Sep 30, 2023 | -38.35% |
| Jun 30, 2023 | -14.87% |
| Mar 31, 2023 | -28.67% |
| Dec 31, 2022 | -28.82% |
| Sep 30, 2022 | -19.31% |
| Jun 30, 2022 | -14.46% |
| Mar 31, 2022 | -3.20% |
| Dec 31, 2021 | 114.25% |
| Sep 30, 2021 | 10.13% |
| Jun 30, 2021 | 10.71% |