Roku closed out the third quarter of this year with 75.8 million active accounts, marking another quarter of user growth for the company.
Roku finished the second quarter of 2023 with 73.5 million active accounts, and this in itself was an increase of around 2 million when compared to the 71.6 million reported for the first quarter of this year.
With the company’s Q3 2023 results confirming Roku ended the most recent quarter with 75.8 million monthly active accounts, this represents an increase of 2.3 million on the previous quarter. It is also an increase of more than 10 million when compared to the third quarter of 2022.
Accordion to Roku, the number of active accounts in the U.S. “are approaching half of broadband households.”
In terms of hours streamed, Roku reported 26.7 billion streaming hours for the third quarter of 2023, representing 3.9 streaming hours per active account per day. Once again, this was an increase of around 1.6 billion on the previous quarter, and an increase of around 4.8 billion when compared to the same quarter in the year before.
On the topic of streaming hours, Roku explained that Q3 2023 marked the first time that “streaming hours surpassed 100 billion on a trailing 12-month basis.” According to Roku, The Roku Channel also saw a more than 50% YoY increase in streaming hours during the third quarter.
In terms of revenue, Roku reported total revenue (platform + devices) as $912 million in Q3, up from the $847.2 million in the second quarter of 2023, and up from the $761.4 million reported at the end of the third quarter of 2022.