Filing Flows › Roku (ROKU) › Q2 2026 › vs Q1 2026
Roku (ROKU) Q2 2026 vs Q1 2026 (quarter over quarter)
Roku's revenue rose $106M (+8%) from $1.2B in Q1 2026 to $1.4B in Q2 2026. Gross margin 49.7% against 45.2% (+4.5 pts).
Roku, Q2 2026: revenue $1.4B (+22% year over year), operating margin 10.8%, net earnings $164M, operating cash flow $285M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 49.7% | 45.2% | +4.5 pts |
| Operating margin | 10.8% | 4.1% | +6.6 pts |
| Net margin | 12.1% | 6.9% | +5.3 pts |
| Free cash flow margin | 20.7% | 15.7% | +5.0 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.4B | $1.2B | $106M | +8% |
| Gross profit | $674M | $565M | $109M | +19% |
| Cost of revenue | $681M | $684M | −$2.9M | -0.4% |
| Other income, net | $23.2M | $36.9M | −$13.7M | -37% |
| Operating profit | $146M | $51.8M | $94.4M | +182% |
| Operating expenses | $528M | $513M | $14.4M | +3% |
| Pre-tax earnings | $169M | $88.6M | $80.7M | +91% |
| Research & development | $180M | $189M | −$9.8M | -5% |
| Sales & marketing | $223M | $221M | $2.0M | +0.9% |
| General & admin | $125M | $102M | $22.2M | +22% |
| Net earnings | $164M | $85.7M | $78.5M | +92% |
| Income tax | $5.2M | $2.9M | $2.2M | +76% |
| Depreciation & amortization | $10.4M | $13.9M | −$3.5M | -25% |
| Share-based compensation | $75.3M | $78.7M | −$3.4M | -4% |
| Working capital & other | $34.7M | $20.9M | $13.8M | +66% |
| Operating cash flow | $285M | $199M | $85.5M | +43% |
| Free cash flow (OCF − capex) | $281M | $196M | $84.9M | +43% |
| Capital expenditures | $3.8M | $3.1M | $636K | +20% |
Questions
How much did Roku's revenue grow quarter over quarter in Q2 2026?
Roku's revenue rose $106M (+8%) from $1.2B in Q1 2026 to $1.4B in Q2 2026. Gross margin 49.7% against 45.2% (+4.5 pts).