๐น Revenue: $1.21B (Est. $1.21B) ๐ก; +14% YoY
๐น EPS (Diluted): $0.16 (Est. $0.09) ๐ข
๐น Platform Revenue: $1.065B; +17% YoY
๐น Streaming Hours: 36.5B; +4.5B YoY
Guide
๐น Q4 Revenue: ~$1.35B (Est. $1.324B) ๐ข; Platform GM ~52%; Adj. EBITDA ~$145M
๐น FY25 Revenue: $4.69B (Est. $4.661B) ๐ข
๐น FY25 Outlook Update: Platform Revenue ~$4.11B; Adj. EBITDA ~$395M
Segment / Product Results
๐น The Roku Channel: #2 app on platform by U.S. engagement; ~6.2% of U.S. TV streaming time in Sept; most-viewed FAST service
๐น Devices Revenue: $146M; GM ~-16% (in line with outlook)
Other Metrics
๐น Gross Profit: $525M; UP +9% YoY
๐น Positive operating income achieved (first time since 2021); raised full-year outlook
๐น Share Repurchases: $50M under the $400M program
CEO / CFO Commentary
๐ธ โWe delivered strong Q3 results, achieved positive operating income ahead of schedule, and are increasing our full-year outlook.โ