ROKU Roku margins

Relative Growth: Rel. Growth: 92

Relative Strength: Rel. Strength: 90

Relative Valuation: Rel. Valuation: 50

Relative Profitability: Rel. Profitability: 81

Gross margin

45.5%

Operating margin

5.2%

EBITDA margin

14%

Net margin

6.8%

Current Roku reports a gross margin of 45.5%, an operating margin of 5.2%, an EBITDA margin of 14%, and a net margin of 6.8%. All measured margins increased year over year, led by operating margin with an increase of 8.7 percentage points.

ROKU margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Roku's margins averaged 43.95% gross, -6.61% operating, 3.77% EBITDA, and -4.4% net. Compared with their three-year averages, all four current margins are higher.

ROKU margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all increased, with operating margin showing the largest gain at 8.7 percentage points.

Gross margin expansion

1.5pp

Operating margin expansion

8.7pp

EBITDA margin expansion

7.9pp

Net margin expansion

8.2pp

ROKU Gross margin

Over the last 3 years, the average gross margin for Roku was 43.95%. The current gross margin stands at 45.5%, 1.6 percentage points above its three-year average. Roku's gross margin ranged from a low of 43.2% in Jun 2024 to a high of 45.5% in Jun 2026.

ROKU Operating margin

Reviewing the last 3 years, Roku recorded an average operating margin of -6.61%. Roku's current operating margin is 5.2% and is 11.8 percentage points above its three-year average. The highest operating margin for Roku was 5.2% in Jun 2026, while the lowest was -22.7% in Dec 2023.

ROKU EBITDA margin

Over the last 3 years, the average EBITDA margin for Roku was 3.77%. The latest EBITDA margin for Roku is 14%, 10.2 percentage points above its three-year average. Roku's EBITDA margin ranged from a low of -10.4% in Dec 2023 to a high of 14% in Jun 2026.

ROKU Net margin

Over the last 3 years, Roku's net margin averaged -4.4%. The current net margin of 6.8% is 11.2 percentage points above its three-year average. During this period, net margin reached a high of 6.8% in Jun 2026 and a low of -20.4% in Dec 2023.

ROKU margin group comparison

Margins compared with peer-group, industry and sector averages

Roku's gross margin of 45.5% is above the industry average but below the Communication Services sector average. In comparison with its Communication Services sector average of 49.6%, Roku's gross margin is 8% lower.

Frequently asked questions

What is Roku's gross margin?

As of Jun 30, 2026, ROKU has a gross margin of 45.5%.

What is Roku's operating margin?

For the period ending Jun 30, 2026, ROKU recorded an operating margin of 5.2%.

What is Roku's EBITDA margin?

The current EBITDA margin for ROKU is 14% as of Jun 30, 2026.

What is Roku's net margin?

The current net margin for ROKU is 6.8% as of Jun 30, 2026.

What are the average margins of ROKU?

Roku's gross, operating, EBITDA, and net margins averaged 44.0% gross, -6.6% operating, 3.8% EBITDA, and -4.4% net over the last 3 years.

What are the highest historical margins of ROKU?

Within the 5-year period, ROKU recorded its highest margins at 51% gross in Dec 2021, 8.5% operating in Dec 2021, 14.8% EBITDA in Dec 2021, and 8.8% net in Dec 2021.

What are the lowest historical margins of ROKU?

Over this 5-year history, Roku's margins fell as low as 43% gross in Sep 2023, -27.9% operating in Sep 2023, -15.1% EBITDA in Sep 2023, and -25.8% net in Sep 2023.