Roku Q3 revenue rises 16% to $1.06 billion; net loss narrows to $9.0 million
Roku reported third-quarter 2024 total net revenue of $1.062 billion, up 16% year over year, and a net loss of $9.0 million, or $0.06 per share, compared with a net loss of $330.1 million, or $2.33 per share, a year earlier. The company estimated fourth-quarter total net revenue of $1.140 billion, up 16% year over year, and said it will stop reporting Streaming Households and ARPU starting with Q1 2025 results.
Key points
- Platform revenue was $908 million, up 15% year over year; Devices revenue was $154 million, up 23%.
- Adjusted EBITDA was $98.2 million in Q3 2024, compared with $43.4 million in Q3 2023.
- Q4 2024 outlook: total net revenue of $1.140 billion, total gross profit of $465 million, Adjusted EBITDA of $30 million, and a net loss of $65 million.
- Beginning with Q1 2025 results, Roku will no longer report quarterly Streaming Households and ARPU.
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 October 30, 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.