Roblox (RBLX) Financials

$127.85 -1.39 (-1.07%)

Closing price 10/24/2025 03:59 PM Eastern

Extended Trading

$128.12 +0.27 (+0.21%)

As of 10/24/2025 07:59 PM Eastern

Annual Income Statements for Roblox

This table shows Roblox's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-71	-253	-492	-924	-1,152	-935
Consolidated Net Income / (Loss)	-71	-258	-503	-934	-1,159	-941
Net Income / (Loss) Continuing Operations	-71	-258	-503	-934	-1,159	-941
Total Pre-Tax Income	-71	-264	-504	-931	-1,158	-937
Total Operating Income	-76	-266	-495	-924	-1,259	-1,063
Total Gross Profit	386	684	1,422	1,677	2,150	2,801
Total Revenue	508	924	1,919	2,225	2,799	3,602
Operating Revenue	508	924	1,919	2,225	2,799	3,602
Total Cost of Revenue	122	240	497	548	649	801
Operating Cost of Revenue	122	240	497	548	649	801
Total Operating Expenses	462	950	1,917	2,601	3,409	3,864
Selling, General & Admin Expense	42	97	303	297	390	408
Marketing Expense	45	58	86	117	146	174
Research & Development Expense	107	201	533	873	1,254	1,444
Other Operating Expenses / (Income)	269	593	995	1,313	1,619	1,838
Total Other Income / (Expense), net	5.34	1.79	-8.70	-6.81	101	127
Interest Expense	0.00	0.00	7.00	40	41	41
Interest & Investment Income	6.55	1.82	0.09	39	142	180
Other Income / (Expense), net	-1.21	-0.03	-1.80	-5.74	-0.53	-12
Income Tax Expense	0.01	-6.66	-0.32	3.55	0.45	4.11
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.15	-4.44	-12	-9.78	-6.99	-5.23
Basic Earnings per Share	($0.44)	($1.39)	($0.97)	($1.55)	($1.87)	($1.44)
Weighted Average Basic Shares Outstanding	163.05M	182.11M	505.86M	595.56M	616.45M	647.48M
Diluted Earnings per Share	($0.44)	($1.39)	($0.97)	($1.55)	($1.87)	($1.44)
Weighted Average Diluted Shares Outstanding	163.05M	182.11M	505.86M	595.56M	616.45M	647.48M
Weighted Average Basic & Diluted Shares Outstanding	-	-	587.76M	605.14M	631.64M	667.30M

This table shows Roblox's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Income / (Loss) Attributable to Common Shareholders	-290	-268	-283	-277	-324	-271	-206	-239	-220	-215	-278
Consolidated Net Income / (Loss)	-291	-270	-285	-279	-325	-272	-207	-240	-221	-216	-280
Net Income / (Loss) Continuing Operations	-291	-270	-285	-279	-325	-272	-207	-240	-221	-216	-280
Total Pre-Tax Income	-288	-269	-286	-278	-325	-271	-207	-240	-218	-215	-279
Total Operating Income	-302	-290	-314	-300	-355	-302	-238	-279	-244	-255	-322
Total Gross Profit	437	504	519	550	578	622	695	714	769	810	845
Total Revenue	579	655	681	713	750	801	894	919	988	1,035	1,081
Operating Revenue	579	655	681	713	750	801	894	919	988	1,035	1,081
Total Cost of Revenue	142	152	162	164	172	179	199	205	219	225	236
Operating Cost of Revenue	142	152	162	164	172	179	199	205	219	225	236
Total Operating Expenses	738	793	833	850	933	925	933	993	1,014	1,065	1,167
Selling, General & Admin Expense	80	98	96	98	99	98	106	99	105	119	152
Marketing Expense	30	27	30	41	49	36	36	53	50	48	53
Research & Development Expense	248	276	315	322	341	362	362	365	355	375	385
Other Operating Expenses / (Income)	381	393	391	390	445	429	429	476	503	524	577
Total Other Income / (Expense), net	14	21	28	22	30	31	31	39	26	39	44
Interest Expense	10	10	10	10	10	10	10	10	10	10	10
Interest & Investment Income	22	31	35	36	40	42	44	47	46	46	49
Other Income / (Expense), net	1.99	-0.44	3.28	-4.26	0.90	-0.35	-3.32	2.35	-10	3.26	5.13
Income Tax Expense	3.20	0.73	-1.24	0.68	0.28	1.05	0.11	0.30	2.65	0.86	0.97
Net Income / (Loss) Attributable to Noncontrolling Interest	-1.56	-1.64	-2.06	-1.65	-1.64	-1.32	-1.31	-1.12	-1.48	-1.28	-1.43
Basic Earnings per Share	($0.48)	($0.44)	($0.46)	($0.45)	($0.52)	($0.43)	($0.32)	($0.37)	($0.32)	($0.32)	($0.41)
Weighted Average Basic Shares Outstanding	595.56M	606.64M	612.69M	619.35M	616.45M	635.02M	642.81M	650.96M	647.48M	671.66M	684.84M
Diluted Earnings per Share	($0.48)	($0.44)	($0.46)	($0.45)	($0.52)	($0.43)	($0.32)	($0.37)	($0.32)	($0.32)	($0.41)
Weighted Average Diluted Shares Outstanding	595.56M	606.64M	612.69M	619.35M	616.45M	635.02M	642.81M	650.96M	647.48M	671.66M	684.84M
Weighted Average Basic & Diluted Shares Outstanding	605.14M	610.68M	616.77M	623.74M	631.64M	640M	647.20M	656.22M	667.30M	678.28M	693.25M

This table details how cash moves in and out of Roblox's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	68	592	2,110	-27	-2,299	33
Net Cash From Operating Activities	99	524	659	369	458	822
Net Cash From Continuing Operating Activities	99	524	659	369	458	822
Net Income / (Loss) Continuing Operations	-71	-258	-503	-934	-1,159	-941
Consolidated Net Income / (Loss)	-71	-258	-503	-934	-1,159	-941
Depreciation Expense	28	44	76	130	208	226
Amortization Expense	0.00	0.00	0.22	1.26	-72	-81
Non-Cash Adjustments To Reconcile Net Income	31	82	469	727	1,057	1,137
Changes in Operating Assets and Liabilities, net	112	656	617	445	424	481
Net Cash From Investing Activities	-84	-97	-147	-441	-2,825	-852
Net Cash From Continuing Investing Activities	-84	-97	-147	-441	-2,825	-852
Purchase of Property, Plant & Equipment	-83	-104	-93	-426	-321	-180
Acquisitions	-1.47	-50	-54	-15	-17	-4.21
Purchase of Investments	-90	-5.99	0.00	0.00	-4,592	-4,643
Sale and/or Maturity of Investments	90	63	0.00	0.00	2,105	3,974
Net Cash From Financing Activities	53	165	1,598	44	67	66
Net Cash From Continuing Financing Activities	53	165	1,598	44	67	66
Repayment of Debt	0.00	0.00	-2.34	-0.15	0.00	0.00
Issuance of Debt	0.00	0.00	990	0.00	15	0.00
Issuance of Common Equity	53	15	76	46	53	70
Other Financing Activities, net	-	0.00	0.00	-1.96	-0.75	-4.45
Effect of Exchange Rate Changes	0.01	0.17	-0.06	1.29	0.74	-2.92
Cash Interest Paid	0.00	0.00	0.00	39	39	39
Cash Income Taxes Paid	0.00	0.00	0.00	0.95	3.15	1.14

This table details how cash moves in and out of Roblox's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Change in Cash & Equivalents	-44	-2,149	-308	60	98	188	100	-364	109	447	-164
Net Cash From Operating Activities	119	174	28	113	143	239	151	247	184	444	199
Net Cash From Continuing Operating Activities	119	174	28	113	143	239	151	247	184	444	199
Net Income / (Loss) Continuing Operations	-291	-270	-285	-279	-325	-272	-207	-240	-221	-216	-280
Consolidated Net Income / (Loss)	-291	-270	-285	-279	-325	-272	-207	-240	-221	-216	-280
Depreciation Expense	43	47	53	54	55	54	53	69	51	54	54
Amortization Expense	0.32	-12	-19	-20	-21	-20	-19	-21	-22	-19	-15
Non-Cash Adjustments To Reconcile Net Income	253	211	238	255	354	246	320	298	273	296	288
Changes in Operating Assets and Liabilities, net	115	198	42	103	81	231	5.42	142	103	330	152
Net Cash From Investing Activities	-164	-2,348	-357	-69	-51	-79	-55	-634	-85	-35	-394
Net Cash From Continuing Investing Activities	-164	-2,348	-357	-69	-51	-79	-55	-634	-85	-35	-394
Purchase of Property, Plant & Equipment	-157	-91	-111	-53	-65	-47	-40	-29	-64	-17	-23
Purchase of Investments	-	-2,340	-703	-761	-788	-1,033	-834	-1,607	-1,168	-1,170	-1,441
Sale and/or Maturity of Investments	-	84	469	749	802	1,002	821	1,004	1,148	1,152	1,069
Net Cash From Financing Activities	1.81	25	20	16	5.91	28	4.58	20	13	37	27
Net Cash From Continuing Financing Activities	1.81	25	20	16	5.91	28	4.58	20	13	37	27
Issuance of Common Equity	3.05	25	5.64	16	5.91	33	4.58	20	13	37	27
Effect of Exchange Rate Changes	-0.63	-0.07	0.88	-0.41	0.34	-0.63	-0.71	2.50	-4.08	1.84	3.83

This table presents Roblox's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	1,848	4,561	5,375	6,168	7,175
Total Current Assets	1,424	3,750	3,839	3,275	3,728
Cash & Equivalents	894	3,004	2,977	678	712
Short-Term Investments	-	-	0.00	1,515	1,698
Accounts Receivable	247	307	379	506	615
Prepaid Expenses	26	32	62	75	75
Other Current Assets	257	406	420	502	628
Plant, Property, & Equipment, net	206	271	592	695	660
Total Noncurrent Assets	217	539	945	2,197	2,787
Long-Term Investments	-	-	0.00	1,043	1,610
Goodwill	60	118	134	142	142
Intangible Assets	42	60	55	53	34
Other Noncurrent Operating Assets	115	362	755	959	1,001
Total Liabilities & Shareholders' Equity	1,848	4,561	5,375	6,168	7,175
Total Liabilities	1,735	3,968	5,070	6,099	6,966
Total Current Liabilities	1,229	2,167	2,481	3,052	3,663
Accounts Payable	12	64	71	60	43
Accrued Expenses	65	181	236	271	276
Current Deferred Revenue	1,070	1,758	1,942	2,406	3,005
Other Current Liabilities	81	164	232	315	340
Total Noncurrent Liabilities	507	1,801	2,590	3,047	3,303
Long-Term Debt	-	988	989	1,005	1,006
Noncurrent Deferred Revenue	485	617	1,095	1,373	1,567
Other Noncurrent Operating Liabilities	22	196	505	669	730
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-232	593	305	69	209
Total Preferred & Common Equity	-252	585	306	76	221
Total Common Equity	-252	585	306	76	221
Common Stock	240	1,569	2,214	3,135	4,221
Retained Earnings	-492	-984	-1,908	-3,060	-3,996
Accumulated Other Comprehensive Income / (Loss)	0.09	0.06	0.67	1.54	-3.90
Noncontrolling Interest	20	8.11	-0.99	-7.66	-13

This table presents Roblox's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025
Total Assets	5,038	5,471	5,599	5,754	6,315	6,471	6,688	7,452	7,846
Total Current Assets	3,668	3,018	2,894	2,969	3,356	3,404	3,368	3,892	3,947
Cash & Equivalents	3,022	828	520	580	866	966	603	1,159	995
Short-Term Investments	-	1,413	1,600	1,576	1,544	1,446	1,720	1,586	1,633
Accounts Receivable	186	265	257	285	332	346	386	404	524
Prepaid Expenses	73	76	69	65	89	87	71	89	101
Other Current Assets	388	436	448	463	526	559	589	655	694
Plant, Property, & Equipment, net	526	688	685	709	691	675	643	617	614
Total Noncurrent Assets	844	1,765	2,020	2,075	2,267	2,391	2,677	2,943	3,285
Long-Term Investments	-	851	905	959	1,059	1,189	1,559	1,766	2,111
Goodwill	130	134	134	142	142	142	142	142	143
Intangible Assets	54	51	59	57	48	43	38	30	26
Other Noncurrent Operating Assets	660	729	922	917	1,018	1,017	938	1,006	1,006
Total Liabilities & Shareholders' Equity	5,038	5,471	5,599	5,754	6,315	6,471	6,688	7,452	7,846
Total Liabilities	4,614	5,226	5,435	5,634	6,252	6,359	6,510	7,156	7,508
Total Current Liabilities	2,238	2,634	2,627	2,795	3,129	3,301	3,439	3,820	4,059
Accounts Payable	45	120	73	87	49	39	43	53	62
Accrued Expenses	274	248	216	260	274	270	274	277	317
Current Deferred Revenue	1,751	2,038	2,117	2,209	2,513	2,662	2,792	3,144	3,365
Other Current Liabilities	168	228	221	239	293	330	330	346	314
Total Noncurrent Liabilities	2,376	2,593	2,808	2,839	3,123	3,058	3,070	3,336	3,449
Long-Term Debt	989	989	1,004	1,005	1,005	1,006	1,006	1,007	992
Noncurrent Deferred Revenue	961	1,123	1,149	1,189	1,394	1,312	1,398	1,606	1,749
Other Noncurrent Operating Liabilities	426	480	655	646	724	741	666	723	707
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	425	245	164	120	63	111	178	297	338
Total Preferred & Common Equity	424	248	168	126	72	122	190	311	353
Total Common Equity	424	248	168	126	72	122	190	311	353
Common Stock	2,041	2,424	2,642	2,878	3,408	3,664	3,950	4,516	4,828
Retained Earnings	-1,618	-2,177	-2,459	-2,737	-3,331	-3,537	-3,776	-4,211	-4,489
Accumulated Other Comprehensive Income / (Loss)	1.00	0.06	-14	-16	-5.59	-6.23	16	4.98	14
Noncontrolling Interest	0.88	-2.66	-4.30	-5.93	-8.91	-10	-11	-14	-16

This table displays calculated financial ratios and metrics derived from Roblox's official financial filings.

Metric	2019	2020	2021	2022	2023	2024
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-
Revenue Growth	0.00%	81.73%	107.73%	15.94%	25.81%	28.68%
EBITDA Growth	0.00%	-344.84%	-89.36%	-89.57%	-40.73%	17.22%
EBIT Growth	0.00%	-242.78%	-86.68%	-87.07%	-35.51%	14.67%
NOPAT Growth	0.00%	-248.16%	-86.03%	-86.59%	-36.29%	15.55%
Net Income Growth	0.00%	-262.36%	-95.38%	-85.54%	-24.06%	18.84%
EPS Growth	0.00%	-215.91%	30.22%	-59.79%	-20.65%	22.99%
Operating Cash Flow Growth	0.00%	428.65%	25.70%	-43.97%	24.07%	79.47%
Free Cash Flow Firm Growth	0.00%	0.00%	-50.34%	-230.87%	-3.85%	74.45%
Invested Capital Growth	0.00%	0.00%	-82.17%	-18.25%	-28.49%	-29.67%
Revenue Q/Q Growth	0.00%	0.00%	15.58%	0.46%	6.50%	7.08%
EBITDA Q/Q Growth	0.00%	0.00%	-17.77%	-21.24%	-5.97%	9.30%
EBIT Q/Q Growth	0.00%	0.00%	-17.04%	-20.84%	-4.51%	8.51%
NOPAT Q/Q Growth	0.00%	0.00%	-16.75%	-21.31%	-4.42%	9.46%
Net Income Q/Q Growth	0.00%	0.00%	-20.81%	-18.26%	-3.01%	9.98%
EPS Q/Q Growth	0.00%	0.00%	14.16%	-29.17%	-2.19%	12.20%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	-7.93%	-0.81%	5.55%	5.27%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	-58.19%	12.89%	11.40%
Invested Capital Q/Q Growth	0.00%	0.00%	-7.87%	-4.68%	-8.64%	-3.98%
Profitability Metrics	-	-	-	-	-	-
Gross Margin	75.93%	74.03%	74.11%	75.39%	76.81%	77.76%
EBITDA Margin	-9.83%	-24.07%	-21.94%	-35.87%	-40.13%	-25.82%
Operating Margin	-15.04%	-28.81%	-25.80%	-41.52%	-44.98%	-29.52%
EBIT Margin	-15.27%	-28.81%	-25.89%	-41.78%	-45.00%	-29.84%
Profit (Net Income) Margin	-13.99%	-27.89%	-26.23%	-41.98%	-41.40%	-26.11%
Tax Burden Percent	100.01%	97.48%	99.94%	100.38%	100.04%	100.44%
Interest Burden Percent	91.57%	99.32%	101.39%	100.11%	91.97%	87.13%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	0.00%	-229.17%	-142.76%	-208.06%	-620.31%	-678.46%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	0.00%	-14.40%	-15.51%	-18.71%	-21.82%	-16.11%
Return on Assets (ROA)	0.00%	-13.95%	-15.71%	-18.80%	-20.08%	-14.10%
Return on Common Equity (ROCE)	0.00%	514.38%	-67.28%	-206.41%	-634.68%	-728.51%
Return on Equity Simple (ROE_SIMPLE)	0.00%	102.10%	-86.09%	-305.25%	-1,519.12%	-424.76%
Net Operating Profit after Tax (NOPAT)	-54	-186	-347	-647	-881	-744
NOPAT Margin	-10.52%	-20.16%	-18.06%	-29.06%	-31.48%	-20.66%
Net Nonoperating Expense Percent (NNEP)	0.00%	-15.97%	-10.78%	-14.36%	-13.16%	-7.48%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-49.97%	-82.09%	-61.26%
Cost of Revenue to Revenue	24.07%	25.97%	25.89%	24.61%	23.19%	22.24%
SG&A Expenses to Revenue	8.25%	10.54%	15.79%	13.36%	13.93%	11.31%
R&D to Revenue	21.07%	21.80%	27.78%	39.26%	44.78%	40.09%
Operating Expenses to Revenue	90.96%	102.84%	99.91%	116.90%	121.79%	107.28%
Earnings before Interest and Taxes (EBIT)	-78	-266	-497	-930	-1,260	-1,075
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-50	-222	-421	-798	-1,123	-930
Valuation Ratios	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	102.10	55.88	373.80	171.46
Price to Tangible Book Value (P/TBV)	0.00	0.00	146.69	146.18	0.00	832.57
Price to Revenue (P/Rev)	17.61	9.69	31.11	7.68	10.19	10.54
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	9.12	30.07	6.79	9.39	9.70
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	16.06	87.55	40.92	57.35	42.49
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	14.15	195.22	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-
Debt to Equity	0.00	0.00	1.67	3.24	14.64	4.82
Long-Term Debt to Equity	0.00	0.00	1.67	3.24	14.64	4.82
Financial Leverage	0.00	-7.95	-4.13	-4.46	-11.29	-18.92
Leverage Ratio	0.00	16.43	9.09	11.07	30.89	48.12
Compound Leverage Factor	0.00	16.32	9.21	11.08	28.41	41.93
Debt to Total Capital	0.00%	0.00%	62.49%	76.43%	93.61%	82.83%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	62.49%	76.43%	93.61%	82.83%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	324.45%	0.51%	-0.08%	-0.71%	-1.05%
Common Equity to Total Capital	0.00%	-224.45%	37.00%	23.65%	7.11%	18.23%
Debt to EBITDA	0.00	0.00	-2.35	-1.24	-0.89	-1.08
Net Debt to EBITDA	0.00	0.00	4.79	2.49	1.99	3.24
Long-Term Debt to EBITDA	0.00	0.00	-2.35	-1.24	-0.89	-1.08
Debt to NOPAT	0.00	0.00	-2.85	-1.53	-1.14	-1.35
Net Debt to NOPAT	0.00	0.00	5.82	3.08	2.53	4.05
Long-Term Debt to NOPAT	0.00	0.00	-2.85	-1.53	-1.14	-1.35
Altman Z-Score	0.00	2.87	9.21	1.67	1.93	2.51
Noncontrolling Interest Sharing Ratio	0.00%	324.45%	52.87%	0.79%	-2.32%	-7.38%
Liquidity Ratios	-	-	-	-	-	-
Current Ratio	0.00	1.16	1.73	1.55	1.07	1.02
Quick Ratio	0.00	0.93	1.53	1.35	0.88	0.83
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	595	296	-387	-402	-103
Operating Cash Flow to CapEx	119.12%	503.43%	706.65%	86.66%	142.88%	457.74%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	42.24	-9.69	-9.87	-2.49
Operating Cash Flow to Interest Expense	0.00	0.00	94.19	9.25	11.26	19.97
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	80.86	-1.43	3.38	15.60
Efficiency Ratios	-	-	-	-	-	-
Asset Turnover	0.00	0.50	0.60	0.45	0.49	0.54
Accounts Receivable Turnover	0.00	3.74	6.92	6.48	6.33	6.43
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	4.48	8.03	5.15	4.35	5.32
Accounts Payable Turnover	0.00	19.97	13.01	8.08	9.89	15.56
Days Sales Outstanding (DSO)	0.00	97.58	52.71	56.32	57.71	56.78
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	18.28	28.06	45.18	36.91	23.46
Cash Conversion Cycle (CCC)	0.00	79.30	24.65	11.14	20.80	33.32
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	0.00	-781	-1,424	-1,683	-2,163	-2,805
Invested Capital Turnover	0.00	-2.36	-1.74	-1.43	-1.46	-1.45
Increase / (Decrease) in Invested Capital	0.00	-781	-642	-260	-480	-642
Enterprise Value (EV)	0.00	8,422	57,704	15,110	26,278	34,943
Market Capitalization	8,951	8,951	59,713	17,099	28,517	37,969
Book Value per Share	$0.00	($1.39)	$1.01	$0.51	$0.12	$0.34
Tangible Book Value per Share	$0.00	($1.95)	$0.70	$0.19	($0.19)	$0.07
Total Capital	0.00	112	1,581	1,294	1,074	1,215
Total Debt	0.00	0.00	988	989	1,005	1,006
Total Long-Term Debt	0.00	0.00	988	989	1,005	1,006
Net Debt	0.00	-894	-2,017	-1,988	-2,232	-3,013
Capital Expenditures (CapEx)	83	104	93	426	321	180
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-698	-1,422	-1,620	-1,970	-2,345
Debt-free Net Working Capital (DFNWC)	0.00	196	1,583	1,358	223	65
Net Working Capital (NWC)	0.00	196	1,583	1,358	223	65
Net Nonoperating Expense (NNE)	18	71	157	287	278	196
Net Nonoperating Obligations (NNO)	0.00	-894	-2,017	-1,988	-2,232	-3,013
Total Depreciation and Amortization (D&A)	28	44	76	131	136	145
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-75.59%	-74.07%	-72.79%	-70.38%	-65.10%
Debt-free Net Working Capital to Revenue	0.00%	21.17%	82.47%	61.02%	7.97%	1.80%
Net Working Capital to Revenue	0.00%	21.17%	82.47%	61.02%	7.97%	1.80%
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($0.97)	($1.55)	($1.87)	($1.44)
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	505.86M	595.56M	616.45M	647.48M
Adjusted Diluted Earnings per Share	$0.00	$0.00	($0.97)	($1.55)	($1.87)	($1.44)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	505.86M	595.56M	616.45M	647.48M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	587.76M	605.14M	631.64M	667.30M
Normalized Net Operating Profit after Tax (NOPAT)	-54	-186	-347	-647	-881	-744
Normalized NOPAT Margin	-10.52%	-20.16%	-18.06%	-29.06%	-31.48%	-20.66%
Pre Tax Income Margin	-13.99%	-28.61%	-26.25%	-41.82%	-41.39%	-26.00%
Debt Service Ratios	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	-71.01	-23.29	-30.94	-26.10
NOPAT to Interest Expense	0.00	0.00	-49.52	-16.21	-21.65	-18.07
EBIT Less CapEx to Interest Expense	0.00	0.00	-84.33	-33.97	-38.82	-30.46
NOPAT Less CapEx to Interest Expense	0.00	0.00	-62.85	-26.89	-29.53	-22.44
Payout Ratios	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Roblox's official financial filings.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	1.80%	22.01%	15.15%	37.77%	29.52%	22.27%	31.26%	28.84%	31.77%	29.19%	20.94%
EBITDA Growth	-119.26%	-100.24%	-92.63%	-0.33%	-24.63%	-5.47%	25.13%	15.62%	29.75%	19.31%	-33.98%
EBIT Growth	-114.78%	-90.99%	-79.27%	0.00%	-18.13%	-4.27%	22.35%	9.11%	28.21%	16.92%	-31.53%
NOPAT Growth	-116.18%	-91.18%	-84.41%	-0.01%	-17.65%	-4.31%	24.22%	7.04%	31.27%	15.75%	-35.52%
Net Income Growth	-97.94%	-66.61%	-59.37%	7.65%	-11.61%	-0.73%	27.26%	13.76%	32.06%	20.44%	-35.04%
EPS Growth	-269.23%	-62.96%	-53.33%	10.00%	-8.33%	2.27%	30.43%	17.78%	38.46%	25.58%	-28.13%
Operating Cash Flow Growth	-2.46%	11.09%	7.14%	67.85%	20.20%	37.50%	433.46%	119.54%	28.74%	85.78%	31.57%
Free Cash Flow Firm Growth	-91.10%	-83.33%	-43.36%	120.08%	376.48%	331.30%	357.35%	195.70%	103.85%	88.77%	51.36%
Invested Capital Growth	-18.25%	-17.75%	-20.88%	-23.80%	-28.49%	-29.29%	-33.83%	-35.47%	-29.67%	-33.55%	-37.20%
Revenue Q/Q Growth	11.84%	13.18%	3.88%	4.77%	5.15%	6.85%	11.51%	2.84%	7.53%	4.76%	4.39%
EBITDA Q/Q Growth	4.77%	0.93%	-8.93%	2.37%	-18.29%	16.16%	22.68%	-10.04%	1.51%	3.70%	-28.39%
EBIT Q/Q Growth	1.45%	3.21%	-7.04%	2.06%	-16.43%	14.57%	20.29%	-14.64%	8.04%	1.13%	-26.20%
NOPAT Q/Q Growth	-0.63%	3.99%	-8.33%	4.44%	-18.38%	14.88%	21.29%	-17.22%	12.48%	-4.34%	-26.60%
Net Income Q/Q Growth	3.45%	7.39%	-5.52%	2.12%	-16.69%	16.42%	23.80%	-16.05%	8.07%	2.13%	-29.33%
EPS Q/Q Growth	4.00%	8.33%	-4.55%	2.17%	-15.56%	17.31%	25.58%	-15.63%	13.51%	0.00%	-28.13%
Operating Cash Flow Q/Q Growth	77.56%	45.77%	-83.66%	296.98%	27.15%	66.74%	-36.62%	63.38%	-25.44%	140.62%	-55.11%
Free Cash Flow Firm Q/Q Growth	-38.27%	59.00%	30.92%	71.27%	33.65%	43.92%	38.83%	10.73%	-7.86%	33.28%	11.31%
Invested Capital Q/Q Growth	-4.68%	-10.33%	0.06%	-7.26%	-8.64%	-11.02%	-3.45%	-8.58%	-3.98%	-14.35%	-6.27%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	75.40%	76.83%	76.20%	77.06%	77.11%	77.68%	77.78%	77.69%	77.86%	78.29%	78.15%
EBITDA Margin	-44.40%	-38.86%	-40.75%	-37.97%	-42.72%	-33.52%	-23.24%	-24.87%	-22.78%	-20.94%	-25.75%
Operating Margin	-52.14%	-44.23%	-46.12%	-42.07%	-47.36%	-37.73%	-26.63%	-30.35%	-24.70%	-24.60%	-29.84%
EBIT Margin	-51.80%	-44.30%	-45.64%	-42.67%	-47.24%	-37.77%	-27.00%	-30.10%	-25.74%	-24.29%	-29.36%
Profit (Net Income) Margin	-50.34%	-41.19%	-41.84%	-39.09%	-43.38%	-33.93%	-23.19%	-26.17%	-22.37%	-20.90%	-25.89%
Tax Burden Percent	101.11%	100.27%	99.57%	100.25%	100.09%	100.39%	100.05%	100.13%	101.21%	100.40%	100.35%
Interest Burden Percent	96.12%	92.74%	92.07%	91.40%	91.75%	89.49%	85.83%	86.83%	85.87%	85.69%	87.87%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	-208.06%	-256.46%	-320.81%	-413.29%	-620.31%	-754.16%	-786.40%	-700.54%	-678.46%	-492.67%	-426.61%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	-23.20%	-20.38%	-21.11%	-20.78%	-22.91%	-18.88%	-14.13%	-16.27%	-13.90%	-13.54%	-16.50%
Return on Assets (ROA)	-22.55%	-18.95%	-19.35%	-19.04%	-21.04%	-16.96%	-12.13%	-14.15%	-12.08%	-11.65%	-14.55%
Return on Common Equity (ROCE)	-206.41%	-255.29%	-320.72%	-417.13%	-634.68%	-782.51%	-827.79%	-741.36%	-728.51%	-524.22%	-451.09%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-420.46%	-681.42%	-894.44%	0.00%	-1,621.36%	-891.53%	-550.22%	0.00%	-284.86%	0.00%
Net Operating Profit after Tax (NOPAT)	-211	-203	-220	-210	-249	-212	-167	-195	-171	-178	-226
NOPAT Margin	-36.50%	-30.96%	-32.29%	-29.45%	-33.15%	-26.41%	-18.64%	-21.25%	-17.29%	-17.22%	-20.89%
Net Nonoperating Expense Percent (NNEP)	-4.00%	-3.16%	-3.17%	-3.32%	-3.64%	-2.64%	-1.76%	-1.81%	-1.91%	-1.27%	-1.71%
Return On Investment Capital (ROIC_SIMPLE)	-16.33%	-	-	-	-23.16%	-	-	-	-14.06%	-13.68%	-16.97%
Cost of Revenue to Revenue	24.60%	23.17%	23.80%	22.94%	22.89%	22.32%	22.22%	22.31%	22.14%	21.71%	21.85%
SG&A Expenses to Revenue	13.77%	14.89%	14.13%	13.67%	13.17%	12.21%	11.82%	10.74%	10.66%	11.51%	14.08%
R&D to Revenue	42.90%	42.04%	46.32%	45.09%	45.49%	45.18%	40.48%	39.77%	35.93%	36.19%	35.63%
Operating Expenses to Revenue	127.54%	121.06%	122.32%	119.13%	124.47%	115.41%	104.41%	108.05%	102.57%	102.90%	107.99%
Earnings before Interest and Taxes (EBIT)	-300	-290	-311	-304	-354	-303	-241	-277	-254	-251	-317
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-257	-255	-277	-271	-320	-269	-208	-229	-225	-217	-278
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	55.88	109.82	146.06	142.00	373.80	332.60	195.99	150.84	171.46	125.20	202.01
Price to Tangible Book Value (P/TBV)	146.18	433.64	0.00	0.00	0.00	0.00	0.00	3,119.36	832.57	280.37	386.16
Price to Revenue (P/Rev)	7.68	11.62	10.12	6.80	10.19	8.09	7.54	8.52	10.54	10.14	17.74
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	6.79	10.72	9.28	5.99	9.39	7.25	6.72	7.66	9.70	9.22	16.80
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	40.92	64.95	58.13	36.27	57.35	40.78	32.81	32.98	42.49	34.44	62.87
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	373.27	438.85
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	3.24	4.04	6.12	8.38	14.64	16.04	9.04	5.64	4.82	3.39	2.94
Long-Term Debt to Equity	3.24	4.04	6.12	8.38	14.64	16.04	9.04	5.64	4.82	3.39	2.94
Financial Leverage	-4.46	-5.23	-5.74	-7.61	-11.29	-14.83	-16.75	-16.72	-18.92	-16.61	-14.13
Leverage Ratio	11.07	12.54	14.70	19.82	30.89	38.28	43.81	41.71	48.12	38.32	31.89
Compound Leverage Factor	10.64	11.63	13.53	18.12	28.34	34.26	37.60	36.21	41.32	32.84	28.02
Debt to Total Capital	76.43%	80.14%	85.95%	89.34%	93.61%	94.13%	90.04%	84.93%	82.83%	77.24%	74.61%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	76.43%	80.14%	85.95%	89.34%	93.61%	94.13%	90.04%	84.93%	82.83%	77.24%	74.61%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	-0.08%	-0.22%	-0.37%	-0.53%	-0.71%	-0.83%	-0.91%	-0.97%	-1.05%	-1.08%	-1.17%
Common Equity to Total Capital	23.65%	20.08%	14.42%	11.19%	7.11%	6.70%	10.88%	16.03%	18.23%	23.84%	26.56%
Debt to EBITDA	-1.24	-1.07	-0.95	-0.95	-0.89	-0.88	-0.94	-0.98	-1.08	-1.15	-1.05
Net Debt to EBITDA	2.49	2.27	1.91	1.99	1.99	2.17	2.43	2.81	3.24	3.99	3.95
Long-Term Debt to EBITDA	-1.24	-1.07	-0.95	-0.95	-0.89	-0.88	-0.94	-0.98	-1.08	-1.15	-1.05
Debt to NOPAT	-1.53	-1.33	-1.19	-1.19	-1.14	-1.13	-1.20	-1.22	-1.35	-1.42	-1.29
Net Debt to NOPAT	3.08	2.83	2.39	2.50	2.53	2.77	3.10	3.50	4.05	4.93	4.86
Long-Term Debt to NOPAT	-1.53	-1.33	-1.19	-1.19	-1.14	-1.13	-1.20	-1.22	-1.35	-1.42	-1.29
Altman Z-Score	2.06	2.91	2.41	1.55	2.42	1.90	1.87	2.20	2.89	2.89	5.26
Noncontrolling Interest Sharing Ratio	0.79%	0.46%	0.03%	-0.93%	-2.32%	-3.76%	-5.26%	-5.83%	-7.38%	-6.40%	-5.74%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.55	1.15	1.10	1.06	1.07	1.07	1.03	0.98	1.02	1.02	0.97
Quick Ratio	1.35	0.95	0.91	0.87	0.88	0.88	0.84	0.79	0.83	0.82	0.78
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	48	77	101	173	231	332	461	511	471	627	698
Operating Cash Flow to CapEx	75.84%	190.22%	25.60%	211.87%	219.80%	511.88%	381.47%	841.46%	288.90%	2,556.37%	881.30%
Free Cash Flow to Firm to Interest Expense	4.84	7.70	9.96	16.83	22.43	32.08	45.22	49.68	45.57	60.63	67.54
Operating Cash Flow to Interest Expense	11.91	17.36	2.80	10.98	13.92	23.06	14.84	24.06	17.86	42.89	19.27
Operating Cash Flow Less CapEx to Interest Expense	-3.80	8.23	-8.15	5.80	7.58	18.55	10.95	21.20	11.68	41.21	17.08
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.45	0.46	0.46	0.49	0.49	0.50	0.52	0.54	0.54	0.56	0.56
Accounts Receivable Turnover	6.48	10.53	10.95	11.16	6.33	9.87	10.47	10.03	6.43	10.44	9.25
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	5.15	4.56	4.38	4.26	4.35	4.27	4.64	4.98	5.32	5.86	6.24
Accounts Payable Turnover	8.08	6.46	7.75	9.40	9.89	7.99	12.76	11.64	15.56	16.67	17.57
Days Sales Outstanding (DSO)	56.32	34.66	33.32	32.71	57.71	36.99	34.86	36.40	56.78	34.98	39.48
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	45.18	56.49	47.08	38.83	36.91	45.71	28.61	31.37	23.46	21.90	20.77
Cash Conversion Cycle (CCC)	11.14	-21.84	-13.76	-6.11	20.80	-8.72	6.25	5.03	33.32	13.08	18.71
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	-1,683	-1,857	-1,856	-1,991	-2,163	-2,401	-2,484	-2,697	-2,805	-3,207	-3,408
Invested Capital Turnover	-1.43	-1.36	-1.43	-1.46	-1.46	-1.38	-1.46	-1.43	-1.45	-1.37	-1.37
Increase / (Decrease) in Invested Capital	-260	-280	-321	-383	-480	-544	-628	-706	-642	-806	-924
Enterprise Value (EV)	15,110	25,114	22,586	15,745	26,278	21,341	21,209	25,758	34,943	35,379	67,594
Market Capitalization	17,099	27,219	24,610	17,862	28,517	23,814	23,814	28,645	37,969	38,897	71,356
Book Value per Share	$0.51	$0.41	$0.28	$0.20	$0.12	$0.11	$0.19	$0.29	$0.34	$0.47	$0.52
Tangible Book Value per Share	$0.19	$0.10	($0.04)	($0.12)	($0.19)	($0.19)	($0.10)	$0.01	$0.07	$0.21	$0.27
Total Capital	1,294	1,234	1,169	1,125	1,074	1,068	1,117	1,184	1,215	1,303	1,330
Total Debt	989	989	1,004	1,005	1,005	1,005	1,006	1,006	1,006	1,007	992
Total Long-Term Debt	989	989	1,004	1,005	1,005	1,005	1,006	1,006	1,006	1,007	992
Net Debt	-1,988	-2,103	-2,020	-2,111	-2,232	-2,464	-2,596	-2,876	-3,013	-3,504	-3,746
Capital Expenditures (CapEx)	157	91	111	53	65	47	40	29	64	17	23
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1,620	-1,857	-1,852	-1,982	-1,970	-2,183	-2,309	-2,394	-2,345	-2,673	-2,739
Debt-free Net Working Capital (DFNWC)	1,358	384	268	174	223	227	103	-71	65	72	-112
Net Working Capital (NWC)	1,358	384	268	174	223	227	103	-71	65	72	-112
Net Nonoperating Expense (NNE)	80	67	65	69	77	60	41	45	50	38	54
Net Nonoperating Obligations (NNO)	-1,988	-2,103	-2,020	-2,111	-2,232	-2,464	-2,596	-2,876	-3,013	-3,504	-3,746
Total Depreciation and Amortization (D&A)	43	36	33	33	34	34	34	48	29	35	39
Debt-free, Cash-free Net Working Capital to Revenue	-72.79%	-79.23%	-76.14%	-75.41%	-70.38%	-74.12%	-73.11%	-71.17%	-65.10%	-69.67%	-68.09%
Debt-free Net Working Capital to Revenue	61.02%	16.40%	11.00%	6.63%	7.97%	7.72%	3.27%	-2.11%	1.80%	1.88%	-2.78%
Net Working Capital to Revenue	61.02%	16.40%	11.00%	6.63%	7.97%	7.72%	3.27%	-2.11%	1.80%	1.88%	-2.78%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.48)	($0.44)	($0.46)	($0.45)	($0.52)	($0.43)	($0.32)	($0.37)	($0.32)	($0.32)	($0.41)
Adjusted Weighted Average Basic Shares Outstanding	595.56M	606.64M	612.69M	619.35M	616.45M	635.02M	642.81M	650.96M	647.48M	671.66M	684.84M
Adjusted Diluted Earnings per Share	($0.48)	($0.44)	($0.46)	($0.45)	($0.52)	($0.43)	($0.32)	($0.37)	($0.32)	($0.32)	($0.41)
Adjusted Weighted Average Diluted Shares Outstanding	595.56M	606.64M	612.69M	619.35M	616.45M	635.02M	642.81M	650.96M	647.48M	671.66M	684.84M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	605.14M	610.68M	616.77M	623.74M	631.64M	640M	647.20M	656.22M	667.30M	678.28M	693.25M
Normalized Net Operating Profit after Tax (NOPAT)	-211	-203	-220	-210	-249	-212	-167	-195	-171	-178	-226
Normalized NOPAT Margin	-36.50%	-30.96%	-32.29%	-29.45%	-33.15%	-26.41%	-18.64%	-21.25%	-17.29%	-17.22%	-20.89%
Pre Tax Income Margin	-49.79%	-41.08%	-42.02%	-39.00%	-43.35%	-33.80%	-23.18%	-26.13%	-22.10%	-20.81%	-25.80%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-29.97	-28.99	-30.68	-29.64	-34.40	-29.21	-23.64	-26.89	-24.62	-24.29	-30.68
NOPAT to Interest Expense	-21.12	-20.27	-21.70	-20.45	-24.14	-20.42	-16.32	-18.98	-16.54	-17.23	-21.83
EBIT Less CapEx to Interest Expense	-45.68	-38.12	-41.63	-34.82	-40.74	-33.71	-27.53	-29.75	-30.80	-25.97	-32.87
NOPAT Less CapEx to Interest Expense	-36.82	-29.39	-32.65	-25.64	-30.48	-24.93	-20.21	-21.84	-22.72	-18.90	-24.01
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials Breakdown Chart

Key Financial Trends

Roblox's financial data over the last four years through Q2 2025 reveals some clear trends and challenges:

Operating revenue showed steady growth, from around $517 million in Q3 2022 to over $1.08 billion in Q2 2025, reflecting strong top-line expansion.
Gross profit increased in line with revenue growth, reaching approximately $845 million by Q2 2025, indicating scalability in core operations.
Roblox consistently generated positive operating cash flow in recent quarters, such as $199 million in Q2 2025 and $444 million in Q1 2025, supporting operational sustainability.
The company maintained significant cash and investments, with total cash and short-term investments exceeding $2.6 billion as of Q2 2025, providing liquidity and financial flexibility.
Capital expenditures remained substantial but well-managed, ranging from $17 million to $157 million quarterly, supporting ongoing investments in infrastructure and growth.
Issuance of common equity was moderate, indicating some financing activity but not excessive dilution pressure recently.

Roblox reported consistent net losses each quarter, with Q2 2025 loss of approximately $280 million, continuing a trend of profitability challenges.
Operating expenses, notably 'Other Operating Expenses/Income,' have grown substantially, reaching over $577 million in Q2 2025, putting pressure on profitability.
Accumulated deficit remains large and growing, with retained earnings negative $4.5 billion by Q2 2025, indicating cumulative losses over time.
Total equity remains minimal and volatile, with total shareholders’ equity around $337 million at Q2 2025, which limits the buffer against liabilities that exceed assets.

Summary: Roblox has demonstrated strong revenue growth and operating cash flow generation, reflecting good business momentum and expanding user engagement. However, persistent net losses driven by rapidly increasing operating expenses continue to challenge profitability. Strong liquidity and investments provide the company with runway to invest in growth, but shareholders should remain cautious about the pathway to sustained profitability and equity value growth. Continuous expense discipline and margin improvements will be key to turning the corner on earnings in the coming periods.

10/24/25 11:33 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Roblox's Financials

When does Roblox's fiscal year end?

According to the most recent income statement we have on file, Roblox's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Roblox's net income changed over the last 5 years?

Roblox's net income appears to be on an upward trend, with a most recent value of -$940.61 million in 2024, rising from -$71.11 million in 2019. The previous period was -$1.16 billion in 2023. See Roblox's forecast for analyst expectations on what’s next for the company.

What is Roblox's operating income?

Roblox's total operating income in 2024 was -$1.06 billion, based on the following breakdown:

Total Gross Profit: $2.80 billion
Total Operating Expenses: $3.86 billion

How has Roblox's revenue changed over the last 5 years?

Over the last 5 years, Roblox's total revenue changed from $508.39 million in 2019 to $3.60 billion in 2024, a change of 608.5%.

How much debt does Roblox have?

Roblox's total liabilities were at $6.97 billion at the end of 2024, a 14.2% increase from 2023, and a 301.4% increase since 2020.

How much cash does Roblox have?

In the past 4 years, Roblox's cash and equivalents has ranged from $678.47 million in 2023 to $3.00 billion in 2021, and is currently $711.68 million as of their latest financial filing in 2024.

How has Roblox's book value per share changed over the last 5 years?

Over the last 5 years, Roblox's book value per share changed from 0.00 in 2019 to 0.34 in 2024, a change of 33.8%.

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This page (NYSE:RBLX) was last updated on 10/25/2025 by MarketBeat.com Staff

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Roblox (RBLX) Financials

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Roblox (RBLX) Financials

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