---
schema_version: "secwatch.filing_event.v1"
accession: "0001428439-25-000015"
form_type: "8-K"
ticker: "ROKU"
cik: "0001428439"
company_name: "ROKU, INC"
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-23T00:10:06.103644+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Roku Q1 revenue $1.02B (+16% YoY); acquires Frndly TV; reaffirms FY Platform rev $3.95B, Adj EBITDA $350M

## Summary
- Platform revenue $881M (+17% YoY), in line with outlook; Platform gross margin 52.7%.
- Devices revenue $140M above outlook but gross margin negative 14% due to holiday promo carryover.
- Operating loss improved to $57.7M (vs $72M Q1 2024); Adjusted EBITDA $56M.
- Streaming hours 35.8B (+5.1B YoY); The Roku Channel #2 in U.S. by engagement.
- Acquired Frndly TV (subscription streaming service) to boost Platform revenue and Roku-billed subscriptions.

## SEC filing metadata
- accession: 0001428439-25-000015
- form_type: 8-K
- ticker: ROKU
- cik: 0001428439
- company_name: ROKU, INC
- filed_at: 2025-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1428439/000142843925000015/0001428439-25-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1428439/000142843925000015/wk-20250501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001428439-25-000015
- JSON: https://secwatch.observer/filing/0001428439-25-000015.json
- Plain text: https://secwatch.observer/filing/0001428439-25-000015.txt

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