Roku Inc. reported second-quarter 2025 revenue of $1.11 billion, a 15% increase from a year earlier and ahead of Wall Street’s $1.07 billion estimate. The streaming-platform company earned $0.07 per share, reversing the prior-year loss of $0.34 a share and defying analysts’ forecast for a $0.16 loss. Net income reached $10.5 million, while gross profit grew 17% to $498 million. Platform revenue—which includes advertising, content sales and subscription-sharing—rose 18% to $975 million, offsetting a 6% decline in device sales to $136 million. Streaming hours climbed to 35.4 billion, up 5.2 billion from a year ago. Management raised full-year guidance, lifting its 2025 platform-revenue target to $4.075 billion from $3.95 billion and its adjusted EBITDA outlook to $375 million from $350 million. The company also unveiled a $400 million share-repurchase program, underscoring confidence in cash generation after trailing-12-month free cash flow reached $392 million. Roku said stronger video-advertising demand and the recent $185 million acquisition of low-cost streamer Frndly TV are helping to fuel growth.