Roku Inc. (ROKU) delivered a pleasant surprise to investors Thursday, with shares climbing 9.92% to $91.16 in extended trading after the streaming platform company blew past Wall Street's expectations.

The Numbers Look Good

Roku reported quarterly earnings of 53 cents per share, beating the consensus estimate of 27 cents by a whopping 93.43%. Revenue came in at $1.4 billion, topping analyst expectations of $1.35 billion and representing solid growth from $1.2 billion in the same quarter last year.

The full fiscal 2025 picture looks even better. Total net revenue reached $4.74 billion, up 15% year-over-year. Platform revenue, which is the real money maker here, grew 18% to $4.15 billion. Gross profit climbed 15% to $2.07 billion, while streaming hours hit 145.6 billion, also up 15%. Perhaps most impressively, The Roku Channel became the second most-engaged app on the platform in the U.S.

"We delivered excellent results in 2025, driven by consistent execution and the differentiation of our leading TV streaming platform. By expanding our Platform monetization over the last two years, we've unlocked new growth engines and achieved record-breaking financial performance," CEO Anthony Wood said.

What's Next

The company's guidance suggests this momentum isn't slowing down. Roku expects first-quarter revenue of $1.2 billion, above the $1.16 billion analyst estimate. For full fiscal 2026, the company is projecting revenue of $5.5 billion versus analyst expectations of $5.35 billion.