Exhibit 99.1


November 7, 2018

Fellow Shareholders,

Roku delivered outstanding financial and operating results in Q3 2018. Robust active account and streaming hour growth contributed to another great quarter with our advertising business showing continued strong momentum. In fact, roughly two thirds of the Ad Age 200 have advertised on the Roku platform. Advertising effectiveness and measurement tools are consistently showing the superiority of OTT video ads on Roku compared to linear TV advertising. Our ongoing R&D investments into differentiating our unique platform are strengthening our ability to help consumers, content publishers and advertisers benefit from the advantages streaming offers.

A few Q3 2018 highlights:

Total net revenue up 39% YoY to $173.4 million;

Platform revenue up 74% YoY to $100.1 million;

Gross profit up 58% YoY to $79.0 million;

Active accounts up 43% YoY to 23.8 million at quarter end;

Streaming hours up 63% YoY to 6.2 billion;

Average Revenue Per User (ARPU) up 37% YoY to $17.34 (trailing 12-month basis);

Year to date, more than one in four smart TVs sold in the U.S. were Roku TVs.


Roku Q3 2018 Shareholder Letter



The following information was filed by Roku, Inc (ROKU) on Wednesday, November 7, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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