What is the difference between blended ROAS and channel ROAS?

Blended ROAS divides total revenue by total ad spend across every channel combined. Channel ROAS divides revenue by spend for a single platform, whether that's Meta, Google, or TikTok. That's the short answer to what is the difference between blended ROAS and channel ROAS, and it's the one you'll see repeated in every ad platform's help docs without much explanation of why it matters.