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Jun 30, 2023
Roblox Q2 2023 Earnings Report
Roblox reported strong year-over-year growth in Daily Active Users, Hours Engaged, Revenue, and Bookings.
Key Takeaways
Roblox Corporation released its Q2 2023 financial results, highlighting growth in DAUs, hours engaged, revenue, and bookings. The company remains focused on product leadership and driving value for creators and brands.
Revenue was $680.8 million, up 15% year-over-year.
Bookings were $780.7 million, up 22% year-over-year.
Average Daily Active Users (DAUs) were 65.5 million, up 25% year-over-year.
Hours engaged were 14.0 billion, up 24% year-over-year.
Roblox
Roblox
Forward Guidance
The company built plans to generate operating leverage against infrastructure and trust & safety spend starting next quarter and against compensation expense starting in the first quarter of 2024.