NYSE$RBLX

Roblox Corp. · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Roblox reported strong year-over-year growth in Daily Active Users, Hours Engaged, Revenue, and Bookings.

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.

Headline financials

Total Revenue

$681M

Previous: $591M+15.1%
EPS (adj)

-$0.46

Previous: -$0.30-53.3%
Average DAUs

65.5M

Previous: 52.2M+25.5%
Hours engaged

14.0B

Previous: 11.3B+23.9%
Bookings

$781M

Previous: $640M+22.0%
Capital Expenditures

-$202M

Previous: -$136M-49.2%
Free Cash Flow

-$485M

Previous: -$312M-55.4%
Net Income

-$283M

Previous: -$176M-60.3%
Operating Income

-$314M

Previous: -$170M-84.4%
Gross Profit

$519M

Previous: $448M+15.8%
Cash & Equivalents

$520M

Previous: $3.08B-83.1%
Total Assets

$5.6B

Previous: $4.92B+13.8%
Stock-Based Comp

$212M

Previous: $146M+45.1%

Revenue & EPS history

Roblox · Revenue · Quarterly

$681M

Q2 2023+15.1%vs Q2 2022
Beat estimate in 2 of 15 quarters(13%)
ActualEstimate

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.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2023

Historical avgQ2 2023

+1.0%

Avg return

Earnings day

+2.0%

Avg return

5 days after

+4.2%

Avg return

30 days after

44%

11 / 25 earnings

Positive

+40.4%

Q3 2021

Best reaction

-21.2%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.5%-21.7%-16.3%
Q4 2025+9.7%+13.9%+4.9%
Q3 2025-15.5%-22.1%-28.9%
Q2 2025-9.3%-2.6%-9.6%
Q1 2025+2.9%+5.5%+29.7%
Q4 2024-11.1%-12.5%-24.2%
Q3 2024+19.2%+18.6%+16.2%
Q2 2024-6.0%-9.3%+5.9%
Q1 2024-19.4%-18.9%-8.7%
Q4 2023+10.5%+7.7%-1.6%
Q3 2023+8.5%+10.5%+16.4%
Q2 2023-18.9%-19.1%-23.1%
Q1 2023+10.2%+7.7%+6.9%
Q4 2022+22.2%+14.6%+22.5%
Q3 2022-13.8%-9.0%-19.1%
Q2 2022-1.8%+4.6%-14.4%
Q1 2022-2.6%+34.0%+23.9%
Q4 2019+2.9%-3.3%-6.0%
Q4 2021-21.2%-27.2%-32.2%
Q3 2020+23.7%+39.7%+51.0%
Q3 2021+40.4%+37.9%+60.0%
Q2 2020-6.3%-1.4%-2.2%
Q2 2021-6.3%-1.4%-2.2%
Q4 2020-6.1%-0.7%+22.9%
Q1 2021+14.4%+4.5%+34.1%
Q1 2020
Q3 2019
Q2 2019
Q1 2019

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