---
schema_version: "secwatch.filing_event.v1"
accession: "0001428439-23-000013"
form_type: "8-K"
ticker: "ROKU"
cik: "0001428439"
company_name: "ROKU, INC"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T12:27:27.122573+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Roku Q1 revenue $741M (+1% YoY); operating loss widens to $212.5M; CFO Dan Jedda hired

## Summary
- Total revenue $741M (+1% YoY); Platform revenue $635M (-1%); Gross profit $338M (-7%).
- Active Accounts 71.6M (+1.6M QoQ); Streaming Hours 25.1B (+20% YoY); ARPU $40.67 (-5% YoY).
- Operating loss $212.5M (vs. $23.5M loss in Q1 22); Adj. EBITDA -$69.1M (vs. +$57.6M).
- Q2 guidance: revenue ~$770M, gross profit ~$335M, Adj. EBITDA -$75M; targets positive Adj. EBITDA for FY 2024.
- Dan Jedda named CFO effective May 1; Steve Louden transitions to executive advisor through August 2023.

## SEC filing metadata
- accession: 0001428439-23-000013
- form_type: 8-K
- ticker: ROKU
- cik: 0001428439
- company_name: ROKU, INC
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1428439/000142843923000013/0001428439-23-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1428439/000142843923000013/wk-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001428439-23-000013
- JSON: https://secwatch.observer/filing/0001428439-23-000013.json
- Plain text: https://secwatch.observer/filing/0001428439-23-000013.txt

## Key facts
- Earnings Releases
  ROKU, INC reported the quarter ended March 31, 2023 results: revenue $741 million. Guidance initiated.
  - Period: the quarter ended March 31, 2023
  - Revenue: $741 million
  - Guidance: initiated
  - Result: reported results
  source text: Total net revenue was $741 million, up 1% year over year (YoY)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1428439/000142843923000013/0001428439-23-000013-index.htm

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