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
DateValue
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