Roku , the top independent streaming device and content platform company, delivered third-quarter 2025 financial results that exceeded analyst expectations — and marked the company’s first quarter with positive operating income since 2021.

For Q3, Roku posted revenue of $1.21 billion, up 14%, and net income of $24.8 million (versus a net loss of $35.8 million in the year-earlier period). That translated to earnings per diluted share of 16 cents. On average, Wall Street analysts expected revenue of $1.1 billion and adjusted earnings of 9 cents per share, per financial data provider LSEG.

Helping fuel the growth was the continued uptick in usage: Total streaming hours on Roku for Q3 were 36.5 billion, up 12% year over year.

Roku’s Platform revenue (which includes ad sales, content sales

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