Roku released its latest quarterly results today. Although Roku used to confirm the number of Streaming Households (formerly active accounts) during its quarterly reports, it looks like the company has now stopped reporting this metric. As a result, it remains unclear how many Streaming Households there were at the end of the first quarter of 2025.
Assuming Roku follows Netflix’s approach to reporting accounts, it now looks like we will only receive updates as and when major milestones are reached. Speaking of which, at the start of the year, Roku announced it had surpassed 90 million Streaming Households in the first week of January 2025.
Considering Roku added around 10 million Streaming Households in 2024, it probably can be expected that the company will hit the 100 million marker sometime this year.
In the meantime, Roku did confirm Streaming Hours totaled 35.8 billion during the most recent quarter. This was up 5.1 billion hours on the same quarter of the year before, and an increase on the 34.1 billion Streaming Hours reported for the fourth quarter of 2024.
In terms of revenue, Roku confirmed total net revenue of $1.02 billion in Q1 2025, up 16% year over year. This included $881 million in platform revenue, up 17% YoY, and $140 million in devices revenue, up 11% YoY.
Roku also said The Roku Channel was the number two app on the platform in the U.S. by engagement, and number three globally.
In probably what was the most surprising news to come from Roku today, the company confirmed it is now in the process of buying Frndly TV. According to Roku, the deal to acquire the live TV streaming service is expected to close later this quarter.
