In This Article:
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Revenue: $1.035 billion, up 29% year on year.
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Bookings: $1.207 billion, up 31% year on year.
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Daily Active Users (DAUs): 97.8 million, up 26% year on year.
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Hours Engaged: 21.7 billion hours, up 30% year on year.
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Cash from Operations: $443 million, up 86% year on year.
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Free Cash Flow: $426 million, up 123% year on year.
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Trust and Safety Expenses: 13% of revenue, 11% of bookings.
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Personnel Costs (excluding stock-based compensation): $238 million, 23% of revenue, 20% of bookings.
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Developer Exchange (DevEx): $281 million, up 39% year on year.
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Top 100 Creators Earnings: $6.7 million on average in the last 12 months, up 35% year on year.
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Top 10 Creators Earnings: $36 million on average in the last 12 months, up 28% year on year.
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Gross Cash: $4.5 billion.
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Net Cash: $3.5 billion.
Release Date: May 01, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
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Roblox Corp (NYSE:RBLX) reported Q1 revenue of $1.035 billion, up 29% year on year, surpassing their guidance.
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Daily Active Users (DAUs) reached 97.8 million, a 26% increase year on year, with significant growth in regions like India (77%) and Japan (48%).
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Free cash flow in Q1 was $426 million, up 123% year on year, exceeding the high end of their guidance.
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Creator earnings (DevEx) increased by 39% year on year, with creators on track to earn over $1 billion this year.
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Roblox Corp (NYSE:RBLX) is seeing success with AI-driven moderation, improving content and communication safety on the platform.
Negative Points
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Despite strong growth, Roblox Corp (NYSE:RBLX) has not yet reached 100 million DAUs, falling just short at 97.8 million.
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The European market is experiencing slower growth in hours compared to other regions, partly due to Turkey being offline.
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The company is still in the early stages of its differential pricing initiative, with results being neutral to slightly accretive to margins.
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Advertising revenue is not yet a significant contributor to overall bookings, with the core business dominating financial performance.
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The Shopify integration and broader e-commerce initiatives are still in early phases, with no full-scale implementation yet.
Q & A Highlights
Q: What steps is Roblox taking to ensure continued genre expansion and growth from smaller developers? A: David Baszucki, CEO, highlighted that Roblox is focusing on expanding into key genres like RPG, sports racing, and battle. The company is investing in technology to support these genres, ensuring experiences run smoothly across various devices. Additionally, Roblox is enhancing economics, search, and discovery to support developers, aiming for a competitive edge in the gaming market.