Roku (ROKU) reported first-quarter 2026 revenue of $1.25 billion. Total revenue increased 22% year-over-year. Net income reached $85.7 million. Earnings per share hit $0.57, surpassing Wall Street expectations.
Platform revenue, which includes advertising and subscriptions, grew 28%. This segment carries higher margins for the company. Advertising revenue rose 27%. Subscription revenue increased 30%.
Roku raised its full-year 2026 forecast for platform revenue. Shares jumped more than 8% in after-hours trading.