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| Date | Value |
|---|---|
| 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% |