Roblox RBLX
Public, NYSE, reports in USD. Founded 2004.
Theme: Mobile.
Game.
2025-08-01 — Never profitable unless becomes a Social Network, could collapse
Financials millions, USD
| Period | Revenue | Growth % | Gross margin % | R&D % | Operating income | Operating margin % | Net income | EPS (diluted) | Rule of 40 | basis |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 4.8bn USD | 33.3 % | 77.7 % | 32.7 % | -1.2bn USD | -25.7 % | -1.1bn USD | -1.54 | 7.6 | |
| 2024 | 3.6bn USD | 28.7 % | 27.2 % | 40.1 % | -1.0bn USD | -29.0 % | -935m USD | -1.44 | -0.3 | |
| 2023 | 2.8bn USD | 25.8 % | 76.8 % | 44.8 % | -1.3bn USD | -45.0 % | -1.2bn USD | -1.87 | -19.2 | |
| 2022 | 2.2bn USD | – | 75.4 % | 39.3 % | -924m USD | -41.5 % | -924m USD | -1.55 | – | |
| 2026-Q2 | 1.5bn USD | 35.9 % | 80.1 % | 28.6 % | -229m USD | -15.6 % | -183m USD | -0.26 | 20.3 | |
| 2026-Q1 | 1.4bn USD | – | 79.6 % | 29.3 % | -294m USD | -20.4 % | -246m USD | -0.35 | – | |
| 2025-Q4 | 1.4bn USD | – | 77.7 % | 29.0 % | -359m USD | -25.3 % | -316m USD | – | – | |
| 2025-Q3 | 1.4bn USD | – | 78.2 % | 29.3 % | -297m USD | -21.8 % | -256m USD | -0.37 | – | |
| 2025-Q2 | 1.1bn USD | – | 78.2 % | 35.6 % | -322m USD | -29.8 % | -278m USD | -0.41 | – |
Sources
- 2025: 2025_10-K_Summary_2026-07-10.xlsx
- 2024: 2025_10-K_Summary_2026-07-10.xlsx
- 2023: 2025_10-K_Summary_2026-07-10.xlsx
- 2022: 2025_10-K_Summary_2026-07-10.xlsx
- 2026-Q2: yfinance
- 2026-Q1: yfinance
- 2025-Q4: yfinance
- 2025-Q3: yfinance
- 2025-Q2: yfinance
Latest quarter 2026-Q2, ended 2026-06-30, vs 2025-Q2
| 2026-Q2 | 2025-Q2 | change | |
|---|---|---|---|
| Revenue | 1.5bn USD | 1.1bn USD | +388m (+36 %) |
| Op. margin | -15.6 % | -29.8 % | +14.2 pts |
| FCF | 294m USD | 176m USD | +118m (+67 %) |
| Op. income | -229m USD | ||
| Net income | -183m USD | ||
| EPS (diluted) | -0.26 |
Cash flow millions, USD
| Period | Cash from operations | Capex | Free cash flow | FCF margin % | CFO / net income % | NOPAT | Unlevered FCF | Levered FCF | Net change in cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.8bn USD | 443m USD | 1.4bn USD | 28.2 % | – | – | – | 1.4bn USD | 492m USD |
| 2024 | 822m USD | 181m USD | 641m USD | 17.8 % | – | – | – | 641m USD | 36m USD |
| 2023 | 458m USD | 334m USD | 124m USD | 4.4 % | – | – | – | 139m USD | -2.3bn USD |
| 2022 | 369m USD | 428m USD | -58m USD | -2.6 % | – | – | – | -58m USD | -28m USD |
NOPAT = op. income × (1 − effective tax rate); UFCF = NOPAT + D&A + ΔNWC − capex; LFCF = FCF + net debt issued.
Quotes
| Price | 50.72 USD | 2026-09-15 | |
|---|---|---|---|
| Market cap | 36.2bn USD | 2026-09-15 | |
| 52w high | 142.00 USD | 2026-09-15 | |
| 52w low | 33.88 USD | 2026-09-15 | |
| DAU | 68 | 2026-07-10 (stale) | |
| MAU | 300 | 2026-07-10 (stale) | |
| Off 52w high % | -64.3 % | ||
| P/S | 7.5 | ||
| Lifetime CAGR | 7.2 % |
Notes
- 2025-08-01 opinion Never profitable unless becomes a Social Network, could collapse