Roku splits Platform segment into Advertising and Subscriptions; provides historical segment data

ROKU, INC

FY2025 Advertising revenue $2,327.8M (gross margin 57.8%); Subscriptions revenue $1,817.1M (gross margin 44.6%).
New segments effective Q1 2026; consolidated results reported April 30, 2026 unchanged.
FY2025 total gross profit $2,074.4M; operating loss $(5.6)M; adjusted EBITDA $420.5M.
FY2025 free cash flow $483.6M; net income $88.4M.

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