Roku (ROKU) Operating Margin (2016 - 2026)
Roku (ROKU) posted quarterly Operating Margin of 4.15% for Q1 2026, up 980.0% year-over-year from 0.38% in Q1 2025, and down 12.35% on a QoQ basis from 4.73% in Q4 2025.
Roku (ROKU) Operating Margin (2016 - 2026) Analysis & Trends
Roku (ROKU) has reported Operating Margin for 11 consecutive years, with 4.15% the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Margin rose 980.0% year-over-year to 4.15%; the TTM figure through Mar 2026 stood at 2.09% (up 689.0% YoY), while the FY2025 annual figure was 0.12%, up 519.0% from the prior year.
- Operating Margin came in at 4.15% for Q1 2026 at Roku, down from 4.73% in the prior quarter.
- The five-year high for Operating Margin was 4.73% in Q4 2025, with the low at 38.35% in Q3 2023.
- Average Operating Margin over 5 years is 10.5%, with a median of 7.36% recorded in 2024.
- Across the five-year window, Operating Margin slumped 14307 bps in 2022 and soared 3499 bps in 2024, its largest moves.
- Year by year, Operating Margin stood at 28.82% in 2022, then jumped by 63 bps to 10.58% in 2023, then soared by 69 bps to 3.26% in 2024, then soared by 245 bps to 4.73% in 2025, then dropped by 12 bps to 4.15% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 4.15%, 4.73%, and 0.78% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Leifras | 65,924.76 Bn | 65,924.74 Bn | 5.99 Mn | 5.19% |
| 2 | Netflix | 313.29 Bn | 301.00 Bn | 11.41 Bn | 32.30% |
| 3 | Walt Disney | 169.09 Bn | 170.02 Bn | 23.68 Bn | 9.16% |
| 4 | Warner Bros. Discovery | 66.81 Bn | 64.68 Bn | 4.25 Bn | -27.76% |
| 5 | Live Nation Entertainment | 42.77 Bn | 34.31 Bn | 1.31 Bn | -9.77% |
| 6 | Roku | 20.73 Bn | 18.35 Bn | 564.94 Mn | 4.15% |
| 7 | Fox | 20.53 Bn | 17.04 Bn | - | - |
| 8 | Paramount Skydance | 11.21 Bn | 9.13 Bn | - | -92.99% |
| 9 | Warner Music | 10.40 Bn | 9.76 Bn | 802.00 Mn | 15.24% |
| 10 | Sirius Xm Holdings | 10.06 Bn | 9.99 Bn | 1.90 Bn | 21.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.15% |
| Dec 31, 2025 | 4.73% |
| Sep 30, 2025 | 0.78% |
| Jun 30, 2025 | -2.10% |
| Mar 31, 2025 | -5.66% |
| Dec 31, 2024 | -3.26% |
| Sep 30, 2024 | -3.37% |
| Jun 30, 2024 | -7.36% |
| Mar 31, 2024 | -8.17% |
| Dec 31, 2023 | -10.58% |
| Sep 30, 2023 | -38.35% |
| Jun 30, 2023 | -14.87% |
| Mar 31, 2023 | -28.67% |
| Dec 31, 2022 | -28.82% |
| Sep 30, 2022 | -19.31% |
| Jun 30, 2022 | -14.46% |
| Mar 31, 2022 | -3.20% |
| Dec 31, 2021 | 114.25% |
| Sep 30, 2021 | 10.13% |
| Jun 30, 2021 | 10.71% |