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
DateValue
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%