Roku sees FY25 revenue $4.61B, consensus $4.62B

The company states: “For full year 2025, we expect Total net revenue of $4.610 billion, Total gross profit of $2.005 billion, and Adjusted EBITDA of $350 million. We anticipate Platform revenue of $3.950 billion, growing 12% YoY. Excluding political, this represents YoY growth of 15%, slightly above the growth in 2024. We anticipate Devices revenue of $660M, growing 12% YoY. Our Platform gross margin is expected to be between 52% to 53%. We are maintaining our focus on operational discipline, while continuing to invest in Platform growth. We anticipate mid-single-digit YoY growth in OpEx with a path to operating income positive in 2026.”