Roblox Corp. · Q3 2022 earnings

Briefing

Reported strong growth in daily active users, hours engaged, and bookings.

Roblox Corporation released its Q3 2022 financial results, highlighting strong growth across core operating metrics, driven by a growing developer community. The company reported increases in revenue, bookings, daily active users, and hours engaged.

• Revenue was $517.7 million, up 2% year over year.
• Bookings were $701.7 million, up 10% year over year, and up 15% year over year on a constant currency basis.
• Average Daily Active Users (DAUs) were 58.8 million, up 24% year over year.
• Hours Engaged were 13.4 billion, up 20% year over year.

Headline financials

Revenue & EPS history

This press release contains forward-looking statements regarding our business, product, strategy and user growth, retention and monetization plans and trends, the plans and advances of our developers, our investment strategy, including our capital allocation strategy, our opportunities for and expectations of improvements in growth rate, particularly bookings, the benefits of our product and operational initiatives, including our “group grid,” our expectation of successfully executing such strategies and plans, our employee recruitment plans, our commitment to contain share dilution, our expectations for our quarterly and monthly financial and operational results and future growth rates, our estimates of infrastructure expenses for the balance of the year, and our expectations of future net losses.