Roku reports strong Q3 with 24% revenue growth amid ongoing $22B Fox merger review

Roku posted strong third-quarter results with revenue rising 24% to $1.5 billion and earnings per share jumping to $1.20, beating analyst expectations. The company saw a 9% increase in streaming hours and over 20% growth in advertising, subscription, and platform revenues, driven by political ads and media investments. Roku's $22 billion merger with Fox Corp. is progressing through regulatory review, with shareholder approval secured and the deal expected to close in the first half of 2027. This growth highlights Roku's expanding role in streaming and advertising despite ongoing merger scrutiny.

Roku's stock on Pluang is trading near its 52-week high at USD 155.50 as of Nov 03, 2026 04:23 WIB, showing a modest 0.24% gain for the day. This price is close to the peak of USD 160.06, contrasting sharply with its 52-week low of USD 82.93, reflecting strong investor interest amid the merger progress and solid quarterly results. The market cap stands at $23.04 billion, underscoring Roku's significant presence in the media sector.