NYSE$RBLX
Roblox Corp. · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Roblox's Q4 2023 earnings showcased strong year-over-year growth in daily active users, hours engaged, revenue, and bookings.
Roblox Corporation reported a 30% increase in revenue to $749.9 million and a 25% increase in bookings to $1,126.8 million for Q4 2023. The company's average daily active users reached 71.5 million, a 22% increase year-over-year, and hours engaged grew by 21% to 15.5 billion. The company ended the year with its strongest rate of quarterly bookings growth in two years and delivered its first quarter of $1 billion in bookings.
- Revenue increased by 30% year-over-year, reaching $749.9 million.
- Bookings grew by 25% year-over-year, totaling $1,126.8 million.
- Daily Active Users (DAUs) increased by 22% year-over-year, averaging 71.5 million.
- Hours engaged increased by 21% year-over-year, reaching 15.5 billion.
Headline financials
Revenue & EPS history
Roblox · Revenue · Quarterly
$750M
Forward guidance
Roblox provided its initial full year and first quarter 2024 GAAP and non-GAAP guidance.
Tailwinds
- Revenue between $3,300 million and $3,400 million for full year 2024.
- Bookings between $4,140 million and $4,280 million for full year 2024.
- Revenue between $755 million and $780 million for first quarter 2024.
- Bookings between $910 million and $940 million for first quarter 2024.
- Adjusted EBITDA between $(55) million and $(50) million for the first quarter of 2024.
Headwinds
- Consolidated net loss between $(1,400) million and $(1,365) million for full year 2024.
- Adjusted EBITDA between $(150) million and $(115) million for full year 2024.
- Consolidated net loss between $(347) million and $(342) million for first quarter 2024.
- Increase in deferred revenue between $158 million and $163 million for the first quarter of 2024.
- Increase in deferred cost of revenue between $(33) million and $(35) million for 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 Q4 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
| Quarter | Report date | Reaction (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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