AI brief of an SEC Form 8-K · Roku (ROKU)

Roku Q1 revenue rises 16% to $1.02 billion; net loss narrows to $27 million

Positive Impact 3 of 5 earnings Written later

Roku reported first-quarter 2025 results for the period ended March 31, 2025, with total net revenue of $1.02 billion, up 16% year over year, and a net loss of $27.4 million, narrowing from $50.9 million a year earlier. The company reaffirmed its full-year 2025 outlook of $3.950 billion in Platform revenue and $350 million in Adjusted EBITDA, and it also said it has agreed to acquire Frndly TV.

Key points

  • Total net revenue was $1,020.7 million, up 16% YoY; Platform revenue was $880.8 million, up 17% YoY.
  • Net loss was $27.4 million, or $(0.19) per share, compared with a net loss of $50.9 million, or $(0.35) per share, in Q1 2024.
  • Adjusted EBITDA was $56.0 million, up 37% YoY; Devices gross loss was $19.3 million.
  • For Q2 2025, the company expects total net revenue of approximately $1.070 billion and Adjusted EBITDA of approximately $70 million.

The filing

CompanyRoku (ROKU)
Form8-K, current report
Filed with the SECMay 1, 2025, 4:09 PM ET
Accession number0001428439-25-000015

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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 May 01, 2025.

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.