Roku (ROKU) Operating Expenses (2016 - 2026)
Roku (ROKU) recorded quarterly Operating Expenses of $513.2 million in Q1 2026, down 5.12% quarter-over-quarter from $540.8 million in Q4 2025, and up 2.07% on a YoY basis from $502.8 million in Q1 2025.
Roku (ROKU) Operating Expenses (2016 - 2026) Analysis & Trends
Roku's Operating Expenses history runs 11 years deep, the most recent figure standing at $513.2 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 2.07% year-over-year to $513.2 million; the TTM figure through Mar 2026 stood at $2.1 billion (up 1.17% YoY), while the FY2025 annual figure was $2.1 billion, up 2.78% from the prior year.
- Operating Expenses was $513.2 million for Q1 2026 at Roku, down from $540.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $718.6 million in Q3 2023 to a low of $388.3 million in Q1 2022.
- Historically, Operating Expenses has averaged $523.8 million across 5 years, with a median of $515.4 million in 2025.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses jumped 72.99% in 2022, then decreased 28.22% in 2024.
- A 5-year view of Operating Expenses shows it stood at $614.3 million in 2022, then retreated by 11.75% to $542.1 million in 2023, then grew by 1.77% to $551.7 million in 2024, then declined by 1.97% to $540.8 million in 2025, then fell by 5.12% to $513.2 million in 2026.
- The last three Operating Expenses figures came in at $513.2 million (Q1 2026), $540.8 million (Q4 2025), and $515.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 349.58 Bn | 337.29 Bn | 11.41 Bn | 1.56 Bn |
| 2 | Walt Disney | 175.79 Bn | 182.39 Bn | 23.68 Bn | 21.38 Bn |
| 3 | Warner Bros. Discovery | 65.98 Bn | 63.84 Bn | 4.25 Bn | 11.36 Bn |
| 4 | Brera Holdings | 47.91 Bn | 47.91 Bn | - | 1.60 Mn |
| 5 | Live Nation Entertainment | 37.10 Bn | 28.65 Bn | 1.31 Bn | 1.06 Bn |
| 6 | Fox | 26.20 Bn | 22.71 Bn | - | 2.49 Bn |
| 7 | Liberty Media | 20.17 Bn | 20.84 Bn | 298.00 Mn | 647.00 Mn |
| 8 | Roku | 18.22 Bn | 15.84 Bn | 564.94 Mn | 513.16 Mn |
| 9 | News | 17.17 Bn | 15.69 Bn | - | 952.00 Mn |
| 10 | TKO Group Holdings | 15.67 Bn | 13.98 Bn | 862.52 Mn | 1.26 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 513.16 Mn |
| Dec 31, 2025 | 540.85 Mn |
| Sep 30, 2025 | 515.43 Mn |
| Jun 30, 2025 | 520.99 Mn |
| Mar 31, 2025 | 502.78 Mn |
| Dec 31, 2024 | 551.70 Mn |
| Sep 30, 2024 | 515.84 Mn |
| Jun 30, 2024 | 495.94 Mn |
| Mar 31, 2024 | 460.33 Mn |
| Dec 31, 2023 | 542.09 Mn |
| Sep 30, 2023 | 718.61 Mn |
| Jun 30, 2023 | 504.23 Mn |
| Mar 31, 2023 | 550.06 Mn |
| Dec 31, 2022 | 614.28 Mn |
| Sep 30, 2022 | 503.78 Mn |
| Jun 30, 2022 | 465.66 Mn |
| Mar 31, 2022 | 388.30 Mn |
| Dec 31, 2021 | 358.28 Mn |
| Sep 30, 2021 | 295.07 Mn |
| Jun 30, 2021 | 269.18 Mn |