NYSE$RBLX

Roblox Corp. · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

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

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.

Headline financials

Total Revenue

$713M

Previous: $518M+37.8%
EPS (adj)

-$0.45

Previous: -$0.50+10.0%
Average DAUs

70.2M

Previous: 58.8M+19.4%
Hours engaged

16.0B

Previous: 13.4B+19.4%
Bookings

$840M

Previous: $702M+19.6%
Capital Expenditures

-$255M

Previous: -$269M+5.0%
Free Cash Flow

-$533M

Previous: -$567M+6.0%
Net Income

-$277M

Previous: -$298M+6.9%
Operating Income

-$300M

Previous: -$300M-0.0%
Gross Profit

$550M

Previous: $391M+40.5%
Cash & Equivalents

$580M

Previous: $3.02B-80.8%
Total Assets

$5.75B

Previous: $5.04B+14.2%
Stock-Based Comp

$220M

Previous: $161M+36.4%

Revenue & EPS history

Roblox · Revenue · Quarterly

$713M

Q3 2023+37.8%vs Q3 2022
Beat estimate in 2 of 15 quarters(13%)
ActualEstimate

Forward guidance

Company did not provide specific forward guidance in this report.

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 Q3 2023

Historical avgQ3 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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