NEW: This story pulls from our recently updated Live Earnings Report: Marketing & Advertising Tracker Q2 2026.

The news: Roku’s Q2 net revenues hit a record high, beating analyst expectations as strong ad gains, subscriptions, and streaming hours boosted results.

By the numbers:

• Net revenues: $1.35 billion, +22% YoY
• Ad revenues: $672.8 million, +25% YoY
• Subscription revenues: $548 million, +26% YoY
• Platform revenues: $1.22 billion, +25% YoY
• Streaming hours: 37.9 billion, +7% YoY

The company did not host a quarterly earnings call or disclose guidance because of a pending agreement for Fox Corporation to acquire Roku.

Zooming out: Roku’s results reinforce its position as a durable CTV platform and a major player in the free ad supported streaming TV (FAST) market, particularly for advertisers navigating a crowded streaming ecosystem.