Dec 31, 2024

Roblox Q4 2024 Earnings Report

Reported strong year-over-year growth across core financial and operating metrics, including revenue, bookings, DAUs, and hours engaged.

Key Takeaways

Roblox Corporation reported a strong Q4 2024 with significant year-over-year growth. Revenue increased by 32% to $988.2 million, and bookings rose by 21% to $1,361.6 million. Average DAUs reached 85.3 million, a 19% increase, and hours engaged grew by 21% to 18.7 billion. The company's free cash flow was $120.6 million, up 54% year-over-year.

Revenue was $988.2 million, up 32% year-over-year.

Bookings were $1,361.6 million, up 21% year-over-year.

Average Daily Active Users (DAUs) were 85.3 million, up 19% year-over-year.

Free cash flow was $120.6 million, up 54% year-over-year.

Total Revenue
$988M
Previous year: $750M
+31.8%
EPS
-$0.33
Previous year: -$0.52
-36.5%
Bookings
$1.36B
Previous year: $1.13B
+20.8%
Daily Active Users
85.3M
Previous year: 71.5M
+19.3%
Hours Engaged
18.7B
Previous year: 15.5B
+20.6%
Gross Profit
$266M
Previous year: $578M
-54.0%
Cash and Equivalents
$712M
Previous year: $678M
+4.9%
Free Cash Flow
$121M
Previous year: $78.1M
+54.4%
Total Assets
$7.18B
Previous year: $6.17B
+16.3%

Roblox

Roblox

Forward Guidance

Roblox provided its first quarter and full year 2025 GAAP and non-GAAP guidance.

Positive Outlook

  • First Quarter 2025 Revenue between $990 million and $1,015 million.
  • First Quarter 2025 Bookings between $1,125 million and $1,150 million.
  • First Quarter 2025 Net cash and cash equivalents provided by operating activities between $360 million and $380 million.
  • First Quarter 2025 Free cash flow between $340 million and $360 million.
  • Full Year 2025 Revenue between $4,245 million and $4,345 million.

Challenges Ahead

  • First Quarter 2025 Consolidated net loss between $(287) million and $(267) million.
  • First Quarter 2025 Adjusted EBITDA between $20 million and $40 million.
  • First Quarter 2025 Capital expenditures of $(20) million.
  • Full Year 2025 Consolidated net loss between $(1,070) million and $(995) million.
  • Full Year 2025 Adjusted EBITDA between $190 million and $265 million.