earnings
confidence high
sentiment positive
materiality 0.80
Roku Q2 2021 revenue $645M (+81% YoY); platform revenue $532M (+117%)
ROKU, INC
2021-Q2 EPS reported
$1.06
revenue$1,219,302,000
- Total net revenue $645.1M, up 81% YoY; platform revenue $532.3M, up 117% YoY.
- Gross profit $338.3M (+130% YoY); platform gross margin 64.8% vs 56.6% YoY.
- Active accounts 55.1M (+1.5M QoQ); ARPU $36.46 (+46% YoY); streaming hours 17.4B.
- Q3 2021 guidance: total net revenue $675-685M; adjusted EBITDA $60-70M.
- Player gross margin turned negative (-5.9%) due to component cost increases and supply constraints.