Roku releases 4Q 2024 results

Roku Releases Fourth Quarter 2024 Financial Results

SAN JOSE, Calif. — Today, Roku, Inc. (NASDAQ: ROKU) released fourth quarter 2024 results.

Full Year 2024 Key Results

• Total net revenue was $4.1 billion, up 18% year over year (YoY)
• Platform revenue was $3.5 billion, up 18% YoY and up 15% YoY excluding political ad spend
• Gross profit was $1.8 billion, up 19% YoY
• Streaming Households were 89.8 million, a net increase of 9.8 million from 2023
• Streaming Hours were 127.1 billion, up 21.1 billion hours YoY
• Average Revenue Per User (ARPU) was $41.49 (trailing 12-month basis), up 4% YoY