Roku Inc

ROKU

Equity

ISIN US77543R1023 / Valor 38183498

NASDAQ (2024-09-18)

USD 77.36+3.60%

Roku Inc
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About company

Roku Inc. is a company that specializes in streaming technology, offering a range of products including streaming devices, smart TVs, and an operating system that provides access to streaming content.

Summarized from source with an LLMView SourceSector: Technology

Total Net Revenue

In Q2 2024, Roku Inc. reported total net revenue of $968 million, marking a 14% increase year over year. This growth was driven by both platform and device revenue streams, showcasing the company's ability to expand its market presence and monetize its services effectively.

Platform Revenue

Roku Inc.'s platform revenue for Q2 2024 was $824 million, up 11% year over year. This growth highlights the company's success in maximizing ad demand, leveraging its Home Screen, and increasing Roku-billed subscriptions, which are key initiatives for accelerating platform revenue growth.

Gross Profit

Roku Inc. achieved a gross profit of $425 million in Q2 2024, representing a 12% increase year over year. The company's ability to maintain a strong gross profit margin is indicative of its operational efficiencies and effective cost management strategies.

Streaming Households and Hours

In Q2 2024, Roku Inc. reported 83.6 million streaming households, a net increase of 2.0 million from Q1 2024. Additionally, streaming hours reached 30.1 billion, up 20% year over year, reflecting the growing engagement and user base on the Roku platform.

Average Revenue Per User (ARPU)

Roku Inc.'s Average Revenue Per User (ARPU) was $40.68 on a trailing 12-month basis in Q2 2024, remaining flat year over year. This stability in ARPU indicates consistent monetization per user, despite the company's expanding international presence where monetization efforts are still in the early stages.

Summarized from source with an LLMView Source

Key figures

3.99%1Y

-76.1%3Y

-40.4%5Y

Performance

60.4%1Y

73.8%3Y

72.5%5Y

Volatility