Roku (ROKU) Gross Margin (2016 - 2026)
Roku (ROKU) posted quarterly Gross Margin of 45.24% for Q1 2026, up 163.0% year-over-year from 17.2% in Q1 2025, and up 3.98% on a QoQ basis from 43.5% in Q4 2025.
Roku (ROKU) Gross Margin (2016 - 2026) Analysis & Trends
Roku (ROKU) has reported Gross Margin for 11 consecutive years, with 45.24% the latest figure, recorded in 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 came in at 45.24% for Q1 2026 at Roku, up from 43.5% in the prior quarter.
- The five-year high for Gross Margin was 49.72% in Q1 2022, with the low at 40.44% in Q3 2023.
- Average Gross Margin over 5 years is 44.5%, with a median of 44.49% recorded in 2023.
- The largest YoY upside for Gross Margin was 513 bps in 2022 against a maximum downside of 719 bps in 2022.
- Year by year, Gross Margin stood at 42.02% in 2022, then climbed by 6 bps to 44.49% in 2023, then slipped by 4 bps to 42.68% in 2024, then grew by 2 bps to 43.5% in 2025, then rose by 4 bps to 45.24% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 45.24%, 43.5%, and 43.36% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Leifras | 65,924.76 Bn | 65,924.74 Bn | 5.99 Mn | 32.23% |
| 2 | Netflix | 313.29 Bn | 301.00 Bn | 11.41 Bn | 93.12% |
| 3 | Walt Disney | 169.09 Bn | 170.02 Bn | 23.68 Bn | 94.10% |
| 4 | Warner Bros. Discovery | 66.81 Bn | 64.68 Bn | 4.25 Bn | 47.79% |
| 5 | Live Nation Entertainment | 42.77 Bn | 34.31 Bn | 1.31 Bn | 34.66% |
| 6 | Roku | 20.73 Bn | 18.35 Bn | 564.94 Mn | 45.24% |
| 7 | Fox | 20.53 Bn | 17.04 Bn | - | - |
| 8 | Paramount Skydance | 11.21 Bn | 9.13 Bn | - | - |
| 9 | Warner Music | 10.40 Bn | 9.76 Bn | 802.00 Mn | 46.30% |
| 10 | Sirius Xm Holdings | 10.06 Bn | 9.99 Bn | 1.90 Bn | 91.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |