Netflix and Roku delivered contrasting post-earnings snapshots, with Netflix posting 33.4% operating margins and a record buyback quarter while Roku's platform revenue surged 28% year-over-year. Netflix reported earnings per share of $0.80 on revenue of $12.559 billion, growing 13.37% year-over-year, and highlighted a remaining $27.1 billion buyback authorization. Roku's platform revenue reached $1.13 billion, driven by a 27% increase in advertising and a 30% jump in subscriptions, though its devices segment slipped 16%. Netflix is expanding its NFL package and creator deals to own screen time, while Roku is integrating with major demand-side platforms and saw its advertiser count more than double. The next test for Netflix is reaching its $3 billion ad revenue target, while Roku's Q2 earnings on July 30 will be closely watched, with Polymarket traders giving an 87% chance of a beat.
Netflix IncNetflix reported strong earnings with 33.4% operating margins and a record buyback quarter, plus $27.1B remaining buyback authorization.
Roku IncRoku's platform revenue surged 28% YoY, driven by 27% increase in advertising and 30% jump in subscriptions, with advertiser count more than doubling.
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