Nov 6, 4:18 PM ET
Roku completed its merger with Fox Corporation on November 6, 2026, becoming a wholly owned subsidiary of FOX. Roku stockholders received $95.30 in cash and 0.9799 of a share of FOX Class A common stock per share, and trading of Roku stock on Nasdaq will halt.
- The merger became effective on November 6, 2026, resulting in a change in control.
- Stockholders are entitled to $95.30 in cash and 0.9799 of a FOX Class A common stock share per share.
- Roku requested the removal of its Class A common stock from listing on Nasdaq.
- Roku terminated its existing credit agreement dated September 16, 2024.
Read the filing on SEC.gov ↗
Nov 2, 4:09 PM ET
Roku, Inc. reported its third-quarter 2026 financial results, highlighting total net revenue of $1.5 billion and net income of $183 million. Due to its pending acquisition by Fox Corporation, the company did not host an earnings call or provide a financial outlook.
- Total net revenue grew 24% year over year to $1.5 billion for the quarter ended September 30, 2026.
- Platform revenue increased 23% year over year to $1.3 billion.
- Net income reached $183 million, compared to $25 million in the prior-year period.
- Streaming hours rose 9% year over year to 39.9 billion.
Read the filing on SEC.gov ↗
Aug 6, 4:12 PM ET
Roku reported second-quarter 2026 total net revenue of $1.35 billion, up 22% from a year earlier, and net income of $164 million, compared with $10.5 million in the same quarter of 2025. The company will not hold an earnings call or provide a financial outlook because of its pending acquisition by Fox Corporation, announced June 15, 2026. For shareholders, revenue and profit both grew, but the absence of guidance means no company forecast is available for coming quarters.
- Platform revenue was $1.22 billion, up 25% year over year, with Advertising at $673 million and Subscriptions at $548 million.
- Net income was $164 million, or $1.08 per diluted share, versus $10.5 million, or $0.07 per diluted share, in Q2 2025.
- Devices revenue was $134 million, down 1% year over year; Devices gross margin of 20.1% included an IEEPA tariff refund.
- No earnings call or financial outlook, due to the pending acquisition by Fox Corporation announced June 15, 2026.
Read the filing on SEC.gov ↗
Jun 15, 7:47 AM ET
Roku entered a merger agreement under which Fox Corporation will acquire Roku in a cash-and-stock deal valued at $160.00 per Roku share, or about $22 billion in enterprise value. Roku stockholders would receive $96.00 in cash and 0.9693 Fox Class A shares per share, and Roku's Class A stock would be delisted from Nasdaq if the deal closes, which is expected in the first half of calendar 2027.
- Consideration: $96.00 in cash plus 0.9693 Fox Class A shares per Roku share, with the stock portion based on a $66.03 reference price as of June 10, 2026
- Roku stockholders are expected to own about 27% of the combined company
- Closing is subject to Roku and Fox shareholder approvals and U.S. and certain non-U.S. regulatory approvals; a Roku holder group controlling at least a majority of voting power has agreed to vote in favor
- Fox has obtained $12.0 billion of committed bridge financing from Morgan Stanley Senior Funding
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
