Roku Inc (NASDAQ:ROKU) shares jumped 11.5% in after-hours trading Thursday after the streaming platform provider reported fourth-quarter earnings that significantly exceeded analyst expectations. The company posted adjusted earnings per share of $0.53, nearly doubling the analyst consensus of $0.27, while revenue came in at $1.38 billion, matching estimates and representing a 16% increase year-over-year.

Platform revenue, which includes advertising and content distribution, grew 18% year-over-year to $1.22 billion, while Devices revenue rose 3% to $171 million. The streaming technology company also provided strong guidance for 2026, forecasting first-quarter revenue of $1.2 billion above the consensus estimate of $1.17 billion. For the full year, Roku expects revenue of $5.5 billion, surpassing analyst expectations of $5.34 billion.

Roku reported that streaming hours increased 15% year-over-year to 145.6 billion for the full year 2025, with The Roku Channel becoming the second most popular app on its platform by engagement in the U.S. The company expects to reach 100 million streaming households globally in 2026, as video advertising on its platform grew faster than both the U.S. OTT and broader digital ad markets in 2025.