Roku (ROKU) Gross Margin (2016 - 2026)

Roku (ROKU) recorded quarterly Gross Margin of 45.24% in Q1 2026, up 3.98% quarter-over-quarter from 43.5% in Q4 2025, and up 163.0% on a YoY basis from 17.2% in Q1 2025.

Roku (ROKU) Gross Margin (2016 - 2026) Analysis & Trends

Roku's Gross Margin history runs 11 years deep, the most recent figure standing at 45.24% for Q1 2026.

  • In Q1 2026, Gross Margin rose 163.0% year-over-year to 45.24%; the TTM figure through Mar 2026 stood at 44.19% (up 39.0% YoY), while the FY2025 annual figure was 43.79%, down 11.0% from the prior year.
  • Gross Margin was 45.24% for Q1 2026 at Roku, up from 43.5% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 49.72% in Q1 2022 to a low of 40.44% in Q3 2023.
  • Historically, Gross Margin has averaged 44.5% across 5 years, with a median of 44.49% in 2023.
  • Biggest YoY gain for Gross Margin was 513 bps in 2022; the steepest drop was 719 bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 42.02% in 2022, then rose by 6 bps to 44.49% in 2023, then fell by 4 bps to 42.68% in 2024, then gained by 2 bps to 43.5% in 2025, then climbed by 4 bps to 45.24% in 2026.
  • The last three Gross Margin figures came in at 45.24% (Q1 2026), 43.5% (Q4 2025), and 43.36% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Netflix 349.58 Bn 337.29 Bn 11.41 Bn 93.12%
2 Walt Disney 175.79 Bn 182.39 Bn 23.68 Bn 94.10%
3 Warner Bros. Discovery 65.98 Bn 63.84 Bn 4.25 Bn 47.79%
4 Brera Holdings 47.91 Bn 47.91 Bn - -
5 Live Nation Entertainment 37.10 Bn 28.65 Bn 1.31 Bn 34.66%
6 Fox 26.20 Bn 22.71 Bn - -
7 Liberty Media 20.17 Bn 20.84 Bn 298.00 Mn 41.91%
8 Roku 18.22 Bn 15.84 Bn 564.94 Mn 45.24%
9 News 17.17 Bn 15.69 Bn - -
10 TKO Group Holdings 15.67 Bn 13.98 Bn 862.52 Mn 54.01%

Historic Data

Download Data
DateValue
Mar 31, 2026 45.24%
Dec 31, 2025 43.50%
Sep 30, 2025 43.36%
Jun 30, 2025 44.79%
Mar 31, 2025 43.60%
Dec 31, 2024 42.68%
Sep 30, 2024 45.20%
Jun 30, 2024 43.87%
Mar 31, 2024 44.05%
Dec 31, 2023 44.49%
Sep 30, 2023 40.44%
Jun 30, 2023 44.65%
Mar 31, 2023 45.56%
Dec 31, 2022 42.02%
Sep 30, 2022 46.86%
Jun 30, 2022 46.46%
Mar 31, 2022 49.72%
Dec 31, 2021 36.90%
Sep 30, 2021 53.52%
Jun 30, 2021 52.43%