Roku (ROKU) Operating Margin (2016 - 2026)
Roku's Operating Margin came in at 10.79% for Q2 2026, up 12.89 percentage points from -2.10% a year earlier and up 6.64 percentage points from the prior quarter.
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Analysis
Roku (ROKU) Operating Margin (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Roku reported Operating Margin of 5.25%, up 8.80 percentage points year-over-year; for FY2025, it was -0.12%, up 5.19 percentage points from FY2024.
- Operating Margin carries a five-year change of +1.02 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was -5.30% in FY2024 (+17.43 pp), -22.74% in FY2023 (-5.76 pp), -16.98% in FY2022 (-25.48 pp) and 8.50% in FY2021 (+9.64 pp).
- The Q2 2026 figure represents the highest quarterly Operating Margin since Q1 2021.
- Year-over-year, Operating Margin has increased for 11 consecutive quarters, with an average year-over-year change of +10.61 percentage points over the last eight quarters.
- The fastest year-over-year change in Operating Margin over five years came in Q3 2024 (a gain of 34.99 percentage points), and the weakest in Q4 2022 (a drop of 31.29 percentage points).
- Business Quant data shows ROKU's Operating Margin at 4.15% (Q1 2026), 4.73% (Q4 2025) and 0.78% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 244.52 Bn | 229.59 Bn | 2.30 Bn | 5.04% |
| 2 | CrowdStrike Holdings | 224.53 Bn | 204.94 Bn | 1.10 Bn | -2.26% |
| 3 | Snowflake | 96.11 Bn | 83.43 Bn | 1.04 Bn | -17.00% |
| 4 | Fortinet | 92.17 Bn | 76.43 Bn | 1.64 Bn | 33.89% |
| 5 | Datadog | 63.39 Bn | 43.93 Bn | 959.92 Mn | 6.24% |
| 6 | Zscaler | 33.89 Bn | 20.04 Bn | 689.22 Mn | -1.72% |
| 7 | Axon Enterprise | 33.59 Bn | 28.11 Bn | 546.45 Mn | 5.17% |
| 8 | Okta | 30.27 Bn | 20.37 Bn | 641.00 Mn | 13.29% |
| 9 | MongoDB | 24.64 Bn | 15.11 Bn | 569.77 Mn | 3.68% |
| 10 | Roku | 23.93 Bn | 13.95 Bn | 648.52 Mn | 10.92% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.92% |
| Jun 30, 2026 | 10.79% |
| 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 | 2.47% |
API Access
Roku Operating 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=operating-margin&ticker=ROKU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=ROKU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();