Roku Surpasses 56.4 Million Active Accounts




, ,

Roku reports an increase of 1.3 million active accounts from the last quarter, ending Q3 with 56.4 million users. And while the company’s net revenue grew 51% year-over-year to $680 million, that still falls short of where investors had projected it to be.

Roku blames the supply chain shortage for the slow growth, citing that U.S. TV sales fell significantly in Q3. Roku’s Q3 increase of 1.3 million active accounts is down from Q2’s 1.5 million, showing the slowing trend thanks to less device and TV consumerism.

However, top Roku executives believe the overall increase in streaming adoption will be enough to ensure Roku’s bright future ahead. That along with its recent push for new Originals and acquired content.

“While the pandemic has had different impacts on different parts of our business, the secular shift to streaming remains intact,” CEO Anthony Wood and CFO Steve Louden wrote in the shareholder letter.

Disclaimer: To address the growing use of ad blockers we now use affiliate links to sites like, streaming services, and others. Affiliate links help sites like Cord Cutters News, stay open. Affiliate links cost you nothing but help me support my family. We do not allow paid reviews on this site. As an Amazon Associate I earn from qualifying purchases.

Subscribe to Our Newsletter

* indicates required

Please select all the ways you would like to hear from :

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp’s privacy practices here.