Roku streams its way to a $1 billion year with double the ads

Author

Michael Beach
May 30, 2019

Key numbers from Roku’s Q1 earnings:
1) 2M active accounts added in Q1
2) 29M total active accounts
3) 79% YoY increase in advertising revenue

Roku active accounts by quarter (YoY growth):
1) 2017-Q1–14.2M
2) 2018-Q1–20.8M (↑ 46%)
3) 2019-Q1–29.1M (↑ 40%)

Roku advertising revenue by quarter (YoY growth):
1) 2017-Q1 — $36M
2) 2018-Q1 — $75M (↑ 106%)
3) 2019-Q1 — $134M (↑ 79%)

Roku advertising revenue per account by quarter (YoY growth):
1) 2017-Q1 — $2.56
2) 2018-Q1 — $3.61 (↑ 41%)
3) 2019-Q1 — $4.61 (↑ 28%)

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