---
schema_version: "secwatch.filing_event.v1"
accession: "0001428439-22-000032"
form_type: "8-K"
ticker: "ROKU"
cik: "0001428439"
company_name: "ROKU, INC"
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T13:16:31.985968+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Roku Q3 revenue $761M (+12% YoY); operating loss $147M; weak Q4 guide

## Summary
- Added 2.3M active accounts to reach 65.4M; streaming hours 21.9B (+21% YoY).
- Platform revenue $670M (+15% YoY); total gross profit $357M (-2% YoY).
- Q4 outlook: revenue ~$800M (down YoY); adjusted EBITDA -$135M.
- CFO Steve Louden plans to leave in 2023 after recruiting successor.
- Ad market weakness continues; expect scatter declines into next year.

## SEC filing metadata
- accession: 0001428439-22-000032
- form_type: 8-K
- ticker: ROKU
- cik: 0001428439
- company_name: ROKU, INC
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1428439/000142843922000032/0001428439-22-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1428439/000142843922000032/wk-20221102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001428439-22-000032
- JSON: https://secwatch.observer/filing/0001428439-22-000032.json
- Plain text: https://secwatch.observer/filing/0001428439-22-000032.txt

## Key facts
- Earnings Releases
  ROKU, INC reported Q4 2022E results: revenue $800, net income $(245). Guidance initiated.
  - Period: Q4 2022E
  - Revenue: $800
  - Net income: $(245)
  - Guidance: initiated
  - Result: guidance update
  source text: Outlook ($ in millions) Q4 2022E A Refer to the reconciliation of net income (loss) to adjusted EBITDA in the non-GAAP information in an appendix to this letter. Total net revenue $800 Total gross profit $325 B Q4 2022E reconciling items between net income (loss) and non-GAAP adjusted EBITDA consist of stock-based compensation of approximately $105 million, depreciation and amortization and other net adjustments of approximately $5 million. Net income (loss) $(245) Adjusted EBITDA B $(135)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1428439/000142843922000032/0001428439-22-000032-index.htm
- Earnings Releases
  ROKU, INC reported the quarter ended September 30, 2022 results: revenue $761.4 million.
  - Period: the quarter ended September 30, 2022
  - Revenue: $761.4 million
  - Result: reported results
  source text: with the continued consumer shift to TV streaming, positions us well for when the ad market improves. Q3 2022 Key Results • Total net revenue grew 12% YoY (year over year) to $761 million • Platform revenue increased 15% YoY to $670 million • Gross profit was down 2% YoY to $357 million • Roku added 2.3 million incremental Active Accounts in Q3 2022 to reach 65.4
  evidence_url: https://www.sec.gov/Archives/edgar/data/1428439/000142843922000032/0001428439-22-000032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.