Growth Metrics

Roku (ROKU) Gross Margin (2016 - 2025)

Roku has reported Gross Margin over the past 10 years, most recently at 43.5% for Q4 2025.

  • Quarterly results put Gross Margin at 43.5% for Q4 2025, up 83.0% from a year ago — trailing twelve months through Dec 2025 was 43.79% (down 11.0% YoY), and the annual figure for FY2025 was 43.79%, down 11.0%.
  • Gross Margin for Q4 2025 was 43.5% at Roku, roughly flat from 43.36% in the prior quarter.
  • Over the last five years, Gross Margin for ROKU hit a ceiling of 56.91% in Q1 2021 and a floor of 36.9% in Q4 2021.
  • Median Gross Margin over the past 5 years was 44.57% (2023), compared with a mean of 45.55%.
  • Peak annual rise in Gross Margin hit 1292bps in 2021, while the deepest fall reached -1010bps in 2021.
  • Roku's Gross Margin stood at 36.9% in 2021, then grew by 14bps to 42.02% in 2022, then grew by 6bps to 44.49% in 2023, then dropped by -4bps to 42.68% in 2024, then increased by 2bps to 43.5% in 2025.
  • The last three reported values for Gross Margin were 43.5% (Q4 2025), 43.36% (Q3 2025), and 44.79% (Q2 2025) per Business Quant data.