Growth Metrics

Roku (ROKU) Gross Margin (2015 - 2025)

Roku's annual Gross Margin came in at 43.79% in FY2025, little changed year-over-year from 43.9% in FY2024.

Roku has reported Gross Margin for 11 years, with the latest figure at 43.79% in FY2025.

  • For the quarter ending Q1 2026, Gross Margin rose 163.0% year-over-year to 45.24%; the trailing twelve-month figure through Mar 2026 stood at 44.19% (up 39.0% YoY), and the FY2025 full-year result was 43.79%, down 11.0% from the prior year.
  • Gross Margin for FY2025 stood at 43.79%, roughly flat from 43.9% in the prior year.
  • The five-year high for Gross Margin was 50.95% in FY2021, with the low at 43.7% in FY2023.
  • Average Gross Margin over 5 years is 45.69%, with a median of 43.9% recorded in 2024.
  • Year-over-year, Gross Margin jumped 550 bps in 2021 and tumbled 486 bps in 2022.
  • Tracing ROKU's Gross Margin over 5 years: stood at 50.95% in 2021, then dropped by 10 bps to 46.09% in 2022, then fell by 5 bps to 43.7% in 2023, then grew by 0 bps to 43.9% in 2024, then decreased by 0 bps to 43.79% in 2025.
  • The last three Gross Margin figures came in at 43.79% (FY2025), 43.9% (FY2024), and 43.7% (FY2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Yr)
1 Netflix 363.24 Bn 350.96 Bn 11.41 Bn -
2 Walt Disney 179.83 Bn 186.44 Bn 23.68 Bn -
3 Warner Bros. Discovery 67.31 Bn 65.17 Bn 4.25 Bn -
4 Live Nation Entertainment 39.14 Bn 30.68 Bn 1.31 Bn -
5 Fox 24.96 Bn 21.47 Bn - -
6 Liberty Media 21.08 Bn 21.75 Bn 298.00 Mn -
7 Roku 19.20 Bn 16.82 Bn 564.94 Mn -
8 News 16.52 Bn 15.05 Bn - -
9 TKO Group Holdings 15.87 Bn 14.17 Bn 862.52 Mn -
10 Paramount Skydance 11.69 Bn 9.61 Bn - 31.47%

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 43.79%
Dec 31, 2024 43.90%
Dec 31, 2023 43.70%
Dec 31, 2022 46.09%
Dec 31, 2021 50.95%
Dec 31, 2020 45.45%
Dec 31, 2019 43.87%
Dec 31, 2018 44.73%
Dec 31, 2017 38.97%
Dec 31, 2016 30.36%
Dec 26, 2015 28.07%