Global Roblox Corporation quarterly net loss 2022 | Statista (2024)

FAQs

How much money did Roblox lose in 2022? ›

In 2022: Revenue: $2.2 billion, up 16% year-on-year. Bookings: $2.9 billion, up 5% year-on-year. Net loss: $934 million (compared to a $504 million loss in the previous year)

Roblox shares fell 22% after the videogame company issued a softer outlook for the current quarter than analysts expected and lowered its guidance for the full year.

Roblox gross profit for the twelve months ending March 31, 2024 was $2.269B, a 27.52% increase year-over-year. Roblox annual gross profit for 2023 was $2.15B, a 28.18% increase from 2022.

In 2023, gaming company Roblox Corporation generated a total revenue of over 2.8 billion U.S. dollars. This figure is up from last year's annual revenue of 2.2 billion U.S. dollars.

User reports indicate no current problems at Roblox.

As of July 2024, Roblox is not being shut down and there are no plans to do so. The publisher still posts regularly on its Twitter/X account and periodically takes to the social media platform to reassure the Roblox player base that their favorite game isn't going anywhere.

Total debt on the balance sheet as of March 2024 : $1.82 B

According to Roblox's latest financial reports the company's total debt is $1.82 B.

NYSE: RBLX

Here's the thing -- both of these trends are expected to continue for Roblox in 2024. Management just guided for full-year 2024 revenue of at least $3.3 billion, which would be an all-time high. But it also expects a full-year net loss of around $1.4 billion, which would be its worst as a public company.

The majority of Roblox's revenue comes from a particularly discretionary source: the entertainment of non-earning and dependent children. Despite outsourcing content production, imposing substantial fees, and offering its developers less-than-favourable DevEx rates, Roblox remains unprofitable.

The $1.9 billion (revenues) business provides tools for kids to make and sell their own games, and sells a virtual currency, called Robux, that can be spent on games and digital trinkets, like avatars and in-game items.

What is Roblox worth now? ›

Market cap: $26.25 Billion

As of July 2024 Roblox has a market cap of $26.25 Billion. This makes Roblox the world's 749th most valuable company by market cap according to our data.

Roblox has a market cap or net worth of $26.26 billion as of July 30, 2024. Its market cap has decreased by -0.00% in one year.

Roblox has 4.76% upside potential, based on the analysts' average price target. Is RBLX a Buy, Sell or Hold? Roblox has a consensus rating of Moderate Buy which is based on 15 buy ratings, 8 hold ratings and 0 sell ratings.

Founded in 2004 by David Baszucki and Erik Cassel, the company is the developer of Roblox, which was released in 2006. As of December 31, 2023, the company employs over 2,400 people.

In 2023, the annual revenue of Roblox Corporation amounted to 2.8 billion U.S. dollars, with an annual net loss of 1.16 billion U.S. dollars.

Revenue versus bookings

The main culprit behind the collapse in Roblox stock was that while it increased its full-year revenue guidance, the company lowered its full-year booking forecast.

But Roblox's popularity has picked up considerably as of late. The pandemic, which helped the gaming industry see skyrocketing growth, has also added millions of users to Roblox. In fact, in May 2023, Roblox hit a milestone of 300 million monthly active users (an increase from 121 million in February 2020).

How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Roblox net worth as of July 30, 2024 is $23.99B. Roblox Corporation develops and operates an online entertainment platform.