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
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%