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% quarter-over-quarter from 43.5% in Q4 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 for Q1 2026 stood at 45.24%, 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.
- The 5-year median for Gross Margin is 44.49% (2023), against an average of 44.5%.
- Peak annual rise in Gross Margin reached 513 bps in 2022, while the deepest fall reached 719 bps in 2022.
- Roku's Gross Margin stood at 42.02% in 2022, then increased by 6 bps to 44.49% in 2023, then declined by 4 bps to 42.68% in 2024, then rose by 2 bps to 43.5% in 2025, then advanced by 4 bps to 45.24% in 2026.
- Business Quant data shows ROKU's Gross Margin at 45.24% in Q1 2026, 43.5% in Q4 2025, and 43.36% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 51.93% |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 45.84% |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 46.99% |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 25.34% |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | - |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 35.22% |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 49.73% |
| 8 | News | 18.65 Bn | 16.55 Bn | - | - |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 64.05% |
| 10 | Paramount Skydance | 11.45 Bn | 8.18 Bn | -2.08 Bn | 35.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 49.73% |
| 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% |