Roku achieved a significant financial turnaround in Q3 2025, returning to GAAP profitability with \(24.8 million Net Income (\)0.16 Diluted EPS), contrasting sharply with prior year losses. Total Net Revenue grew 14% to \(1.21 billion, driven primarily by Platform Revenue (up 17% to \)1.06B), as Devices Revenue declined 5%. Streaming Hours increased 14% to 36.5 billion. Year-to-date (9 months), the company moved from a \(93.8 million loss to \)7.9 million Net Income. TTM Free Cash Flow improved substantially to $443.0 million.
Strategically, Roku acquired Frndly TV, Inc. on May 9, 2025, for $169.8
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