Sep 30, 2023

Roblox Q3 2023 Earnings Report

Roblox's Q3 2023 earnings showcased strong year-over-year growth in daily active users, hours engaged, revenue, and bookings.

Key Takeaways

Roblox Corporation reported a 38% increase in revenue, reaching $713.2 million, and a 20% increase in bookings, totaling $839.5 million. The company's average daily active users reached 70.2 million, a 20% increase year-over-year, and hours engaged grew by 20% to 16.0 billion. Free cash flow was $59.5 million, up from ($67.7) million in Q3 2022.

Revenue increased by 38% year-over-year, reaching $713.2 million.

Bookings grew by 20% year-over-year, totaling $839.5 million.

Daily Active Users (DAUs) increased by 20% year-over-year, reaching 70.2 million.

Hours engaged increased by 20% year-over-year, reaching 16.0 billion.

Total Revenue
$839M
Previous year: $702M
+19.6%
EPS
-$0.45
Previous year: -$0.5
-10.0%
Bookings
$840M
Previous year: $702M
+19.6%
Daily Active Users
70.2M
Previous year: 58.8M
+19.4%
Hours Engaged
16B
Previous year: 13.4B
+19.4%
Gross Profit
$550M
Previous year: $391M
+40.5%
Cash and Equivalents
$580M
Previous year: $3.02B
-80.8%
Free Cash Flow
$59.5M
Previous year: -$67.7M
-187.9%
Total Assets
$5.75B
Previous year: $5.04B
+14.2%

Roblox

Roblox

Forward Guidance

Company did not provide specific forward guidance in this report.