Roku Q2 revenue rises 14% to $968 million; net loss narrows to $34 million
Roku reported second-quarter 2024 results, with total net revenue of $968 million, up 14% year over year, and a net loss of $34 million, compared with $108 million a year earlier. The company also gave third-quarter estimates of $1.010 billion in total net revenue and $45 million in Adjusted EBITDA, and said it expects Platform revenue growth to accelerate in the fourth quarter.
Key points
- Total net revenue was $968 million in Q2 2024, up 14% year over year; Platform revenue was $824 million, up 11%
- Net loss was $34 million, or $0.24 per share, versus a net loss of $108 million, or $0.76 per share, in Q2 2023
- Adjusted EBITDA was $43.6 million in Q2 2024, compared with a loss of $17.8 million a year earlier
- Q3 2024 outlook: total net revenue of $1.010 billion, total gross profit of $440 million, Adjusted EBITDA of $45 million, and a net loss of $50 million
The filing
Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 01, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.