Roku (ROKU) Net Margin (2016 - 2026)
Roku's Net Margin came in at 12.21% for Q3 2026, up 10.16 percentage points from 2.05% a year earlier and up 0.08 percentage points from the prior quarter.
Roku (ROKU) Net Margin (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Roku reported Net Margin of 9.34%, up 9.95 percentage points year-over-year; for FY2025, it was 1.87%, up 5.01 percentage points from FY2024.
- Net Margin carries a five-year change of +2.85 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was -3.15% in FY2024 (+17.22 pp), -20.36% in FY2023 (-4.43 pp), -15.93% in FY2022 (-24.70 pp) and 8.77% in FY2021 (+9.75 pp).
- The Q3 2026 figure represents the highest quarterly Net Margin since Q1 2021.
- Year-over-year, Net Margin has increased for 12 consecutive quarters, with an average year-over-year change of +6.88 percentage points over the last eight quarters.
- The fastest year-over-year change in Net Margin over five years came in Q3 2024 (a gain of 35.34 percentage points), and the weakest in Q4 2022 (a drop of 30.09 percentage points).
- Business Quant data shows ROKU's Net Margin at 12.12% (Q2 2026), 6.86% (Q1 2026) and 5.77% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 235.00 Bn | 220.07 Bn | 2.30 Bn | -8.27% |
| 2 | CrowdStrike Holdings | 221.18 Bn | 201.58 Bn | 1.10 Bn | 0.36% |
| 3 | Snowflake | 96.49 Bn | 83.81 Bn | 1.04 Bn | -12.39% |
| 4 | Fortinet | 87.26 Bn | 71.51 Bn | 1.64 Bn | 30.58% |
| 5 | Datadog | 64.27 Bn | 44.82 Bn | 959.92 Mn | 9.88% |
| 6 | Zscaler | 31.67 Bn | 17.82 Bn | 689.22 Mn | -0.38% |
| 7 | Okta | 29.42 Bn | 19.51 Bn | 641.00 Mn | 14.41% |
| 8 | Axon Enterprise | 25.30 Bn | 19.82 Bn | 546.45 Mn | 3.25% |
| 9 | MongoDB | 25.20 Bn | 15.67 Bn | 569.77 Mn | 5.30% |
| 10 | Roku | 23.89 Bn | 13.92 Bn | 648.52 Mn | 12.21% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.21% |
| Jun 30, 2026 | 12.12% |
| Mar 31, 2026 | 6.86% |
| Dec 31, 2025 | 5.77% |
| Sep 30, 2025 | 2.05% |
| Jun 30, 2025 | 0.95% |
| Mar 31, 2025 | -2.69% |
| Dec 31, 2024 | -2.96% |
| Sep 30, 2024 | -0.85% |
| Jun 30, 2024 | -3.51% |
| Mar 31, 2024 | -5.77% |
| Dec 31, 2023 | -7.95% |
| Sep 30, 2023 | -36.19% |
| Jun 30, 2023 | -12.70% |
| Mar 31, 2023 | -26.13% |
| Dec 31, 2022 | -27.36% |
| Sep 30, 2022 | -16.05% |
| Jun 30, 2022 | -14.69% |
| Mar 31, 2022 | -3.59% |
| Dec 31, 2021 | 2.74% |
Roku Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=ROKU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "ROKU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=ROKU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();