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Sep 30, 2024
Roblox Q3 2024 Earnings Report
Roblox's Q3 2024 financial results demonstrated strong growth across core financial and operating metrics.
Key Takeaways
Roblox reported strong Q3 2024 results, with revenue up 29% year-over-year, bookings up 34% year-over-year, record DAUs up 27% year-over-year, and record hours engaged up 29% year-over-year.
Revenue increased by 29% year-over-year to $919.0 million.
Bookings increased by 34% year-over-year to $1,128.5 million.
DAUs increased by 27% year-over-year to 88.9 million.
Hours engaged increased by 29% year-over-year to 20.7 billion.
Forward Guidance
Roblox provides its fourth quarter and updated full year 2024 GAAP and non-GAAP guidance:
Positive Outlook
- Revenue between $935 million and $960 million for Q4 2024.
- Bookings between $1,336 million and $1,361 million for Q4 2024.
- Adjusted EBITDA between $10 million and $30 million for Q4 2024.
- Free cash flow between $100 million and $115 million for Q4 2024.
- Net cash and cash equivalents provided by operating activities between $170 million and $185 million for Q4 2024.
Challenges Ahead
- Consolidated net loss between $(303) million and $(283) million for Q4 2024.
- Revenue between $3,549 million and $3,574 million for full year 2024.
- Bookings between $4,343 million and $4,368 million for full year 2024.
- Consolidated net loss between $(1,023) million and $(1,003) million for full year 2024.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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