{
  "id": 17868445,
  "title": "Roku Q3 Profit, Revenue Soar on Higher Media & Entertainment Ad Spending, Subscription Growth",
  "url": "https://urgent.news/2026/11/02/roku-q3-profit-revenue-soar-on-higher-media-entertainment-ad-spending-17868445",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-02T21:31:44.000Z",
  "source": {
    "name": "TheWrap",
    "slug": "thewrap",
    "url": "https://www.thewrap.com/industry-news/business/roku-earnings-q3-2026/"
  },
  "original_language": "en",
  "account": "Roku reported a significant increase in both profit and revenue for the third quarter, exceeding analysts' expectations. The company's revenue reached $1.5 billion, with a profit of $1.20 per share, compared to the previously expected revenue of $1.41 billion and a profit of 55 cents per share. The company's media & entertainment ad revenue saw its highest year-over-year growth in four years, as companies invested more on Roku's platform to promote their content and services. Additionally, higher political advertising, which surpassed the comparable quarter from the 2024 U.S. presidential election cycle, contributed to the company's growth. Roku's subscription revenue also grew by 23%, driven by a shift towards premium subscriptions and the World Cup, which led to over one million new sign-ups across services like Peacock, Paramount+, Fox One, and ViX. Despite strong performance in advertising and subscriptions, Roku's devices business faced challenges, with revenue growing 33% to $193.7 million but posting a widened loss of $48.6 million due to increased memory costs. Looking ahead, Roku anticipates continued growth in its advertising and subscription businesses, while its devices unit is expected to contribute to sales in the fourth quarter following the pending acquisition by Fox.",
  "summary": "Shares of the company, which is awaiting acquisition by Fox, were flat in after-hours trading despite the better-than-expected results The post Roku Q3 Profit, Revenue Soar on Higher Media & Entertainment Ad Spending, Subscription Growth appeared first on TheWrap .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}