Roku turned a profit of $1.08 per share in the second quarter of 2026, vaulting from just 7 cents a share a year earlier and beating Wall Street expectations on both revenue and earnings. Total revenue rose 22% to $1.35 billion, with platform revenue — the money Roku makes from advertising and subscriptions, rather than from selling streaming devices — up 25% (Deadline).

It is the first quarterly report since Roku agreed in June 2026 to be acquired by Fox Corp. in a proposed $22 billion deal. Roku and Fox expect the transaction to close in the first half of 2027. Citing the pending acquisition, Roku elected not to hold an earnings conference call, instead delivering its results through a shareholder letter signed by CEO Anthony Wood and CFO/COO Dan Jedda (Deadline).

The company attributed much of its platform revenue growth to the first major overhaul of the Roku home screen in more than a decade. The new interface, unveiled in May 2026, completed its rollout in the third quarter, with international markets set to receive it in the coming months. That home screen is prime real estate — it is where Roku's roughly 80 million households land when they turn on the television, and where the company surfaces ads, content recommendations and subscription prompts (Deadline).

Roku also expanded its premium subscriptions hub during the quarter, adding Peacock's ad-free tier alongside Apple TV+, which had debuted there earlier in the year. The hub lets viewers sign up for streaming services without leaving Roku's interface, and each subscription generates revenue for the platform (Deadline).

The Q2 numbers cap a steady upward climb through 2026. In February, Roku forecast full-year platform revenue growth of 18% to $4.89 billion, already ahead of analysts' average estimate of $4.66 billion (Reuters). By April 30, the company raised that forecast to 21% growth, or about $5 billion (Reuters). First-quarter results had shown total net revenue of $1.25 billion, up 22% year-over-year, with platform revenue of $1.13 billion, up 28% (Roku Q1 2026 Shareholder Letter).

For viewers, the home screen redesign and the expanding subscription hub mean the box under the television is quietly becoming a shopfront. For Roku's two hundred-plus engineers, product managers and ad sales staff, the quarter is confirmation that the rebuilt interface is doing what it was designed to do: surface more of what earns money.

Whether Fox's ownership changes that direction is a question for 2027. For now, Roku reported the numbers in a letter, skipped the call, and let the revenue speak.