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Roku, Inc. (ROKU) Q1 2025 Earnings Call Transcript

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Roku, Inc. (NASDAQ:ROKU) Q1 2025 Earnings Conference Call May 1, 2025 5:00 PM ET

Company Participants

Conrad Grodd – Vice President, Investor Relations
Anthony Wood – Founder and CEO
Dan Jedda – Chief Financial Officer
Charlie Collier – President, Roku Media
Mustafa Ozgen – President, Devices

Conference Call Participants

Cory Carpenter – JPMorgan
Brent Navon – Bank of America
Vasily Karasyov – Cannonball Research
Justin Patterson – KeyBanc
Laura Martin – Needham
Matt Thornton – FBN Securities
James Heaney – Jefferies
Steven Cahall – Wells Fargo

Operator

Good day and thank you for standing by. Welcome to the Roku First Quarter 2025 Earnings Call. At this time, all participants are on a listen-only mode. After the speaker’s presentation, there will be a question-and-answer session. [Operator Instructions]

Please be advised today’s conference is being recorded. I would now like to turn the conference over to your speaker today, Conrad Grodd, Vice President, Investor Relations. Please go ahead.

Conrad Grodd

Thank you, Operator. Welcome to Roku’s first quarter 2025 earnings call. On today’s call are Anthony Wood, Roku’s Founder and CEO; Dan Jedda, our CFO; Charlie Collier, President, Roku Media; and Mustafa Ozgen, President, Devices. Our full results and additional management commentary are available in our shareholder letter on our IR website at roku.com/investor.

On this call we’ll make forward-looking statements which are subject to risks and uncertainties. Please refer to our shareholder letter and periodic SEC filings for risk factors that could cause our actual results to differ materially from these forward-looking statements.

We’ll also present GAAP and non-GAAP financial measures. Reconciliations of non-GAAP measures to the most comparable GAAP financial measures are provided in our shareholder letter.

Unless otherwise stated, all comparisons will be against the results for the comparable 2024 period.

With that, Operator, our first question please.

Question-and-Answer

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