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Mar 31, 2021
Roblox Q1 2021 Earnings Report
Roblox's Q1 2021 financial results were released, revealing significant growth in revenue, bookings, and user engagement.
Key Takeaways
Roblox Corporation reported a 140% increase in revenue to $387.0 million and a 161% increase in bookings to $652.3 million compared to Q1 2020. The company's average daily active users (DAUs) also saw substantial growth, reaching 42.1 million, a 79% increase year-over-year.
Revenue increased by 140% year-over-year, reaching $387.0 million.
Bookings increased by 161% year-over-year, reaching $652.3 million.
Average Daily Active Users (DAUs) increased by 79% year-over-year, reaching 42.1 million.
Free Cash Flow increased 4.1x over Q1 2020 to $142.1 million
Forward Guidance
Roblox anticipates continued investment in key growth areas, including engineering and product development, as well as expanding the developer community. The company remains focused on international expansion and broadening its user age demographic.
Positive Outlook
- Continued investment in engineering and product development
- Growing earnings for the developer community
- Focus on building great technology
- International expansion
- Expanding the age demographic of users
Challenges Ahead
- Risks detailed in filings with the Securities and Exchange Commission (the “SEC”)
- Ability to successfully execute our business and growth strategy
- Sufficiency of our cash and cash equivalents to meet our liquidity needs
- Demand for our platforms in general
Historical Earnings Impact
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Avg. Return Before/After Earnings
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