Roku (ROKU) Operating Margin (2016 - 2026)

Roku's Operating Margin history runs 11 years deep, the most recent figure standing at 4.15% for 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 was 4.15% for Q1 2026 at Roku, down from 4.73% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 4.73% in Q4 2025 to a low of 38.35% in Q3 2023.
• Historically, Operating Margin has averaged 10.5% across 5 years, with a median of 7.36% in 2024.
• The sharpest annual moves came in 2022 and 2024: Operating Margin sank 14307 bps in 2022, then soared 3499 bps in 2024.
• A 5-year view of Operating Margin shows it 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 retreated by 12 bps to 4.15% in 2026.
• The last three Operating Margin figures came in at 4.15% (Q1 2026), 4.73% (Q4 2025), and 0.78% (Q3 2025), per Business Quant data.