Roku (NASDAQ: ROKU) Q2 Earnings Preview: Platform Growth and Fox Acquisition in Focus

Font: Financial Modeling Prep  • Aug 05, 2026

• Roku's upcoming Q2 financial results are highly anticipated, with analysts forecasting approximately $1.30 billion in revenue and $0.61 in earnings per share (EPS).
• The company is strategically shifting its focus towards its more profitable Platform segment, expecting a 20% year-over-year increase in Platform revenues to offset declines in Device revenues.
• The pending acquisition by Fox Corporation is a significant event, leading Roku to forgo an earnings conference call and future financial outlook.

Roku (NASDAQ: ROKU) operates a popular TV streaming platform, a key player in the digital entertainment sector. The company generates revenue by selling its streaming players and TVs, known as the Devices segment. It also earns money from advertising and subscriptions on its platform, which is its Platform segment. A significant recent event is the pending acquisition of the company by Fox Corporation.

On August 6, 2026, Roku is scheduled to release its second-quarter financial results. Wall Street analysts anticipate revenue of approximately $1.30 billion for the quarter. The company is also expected to report earnings per share (EPS) of around $0.61. EPS is a measure of a company's profit allocated to each outstanding share of stock.

The company's own forecast projects total net revenues of about $1.30 billion. This figure includes an expected 20% year-over-year increase in its Platform revenues. This growth is important as it is expected to balance a high single-digit percentage decline in its lower-margin Device revenues, showing a continued shift toward its more profitable platform business model.

For the quarter, Roku forecasts a total gross profit of around $580.00 million and an adjusted EBITDA of $170.00 million. The consensus EPS estimate of $0.61 represents a substantial 771.40% increase compared to the same quarter last year, as highlighted by Zacks Equity Research. Key factors for investors include advertising trends and updates on the Fox acquisition, influencing Roku stock performance.

As highlighted by Business Wire, due to the pending transaction with Fox, Roku will not host an earnings conference call. The company will also not provide a financial outlook for future quarters. This is a common practice for companies that are in the process of being acquired.