RO
ROKU
ROKU What ROKU promised, and what happened
Guidance
What management said, and what became of it
9 of 9 judged targets kept · 16 open · verdicts reflect calls analysed to Mar 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Platform revenue growth (Q1 FY26) | More than 21% YoY growth | Dec 2025 | Platform revenue grew 28% coming in ahead of our outlook, benefiting from the Olympics and Super Bowl, which contributed to an increase in subscriptions and M&E spend. | Achieved |
| Full-year adjusted EBITDA (FY26) | $635 million (>50% YoY growth; margin expansion of 267bps to 11.6%) | Dec 2025 | we're increasing our EBITDA and EBITDA margins | Revised Up |
| Advertising gross margin (FY26) | ~60%, sustainable for the rest of FY26 and beyond | Mar 2026 | advertising gross margin, to your point, at just over 60% was very strong for us in Q1. | New |
The full ledger
Open ROKU’s full ledger
A free account opens 5 company ledgers a month. All 25 tracked commitments, with each call’s wording and source.
The rest of the ledger
Pro opens all 25 tracked commitments for ROKU
Above is what the last two calls moved. Pro adds every quarter's revision, the source quote behind each one, and the topics management has stopped answering.