• Gaming
  • Simulation
  • Esports
  • Entertainment
  • Technology
Simulation Daily
No Result
View All Result
Sign up for Our Newsletter
Simulation Daily
  • Gaming
  • Simulation
  • Esports
  • Entertainment
  • Technology
No Result
View All Result
Simulation Daily

The Roblox Q3 2024 Financial Report Shows Growth in Revenue, Bookings, DUAs, and Hours Played

Brittany Alvaby Brittany Alva
October 31, 2024
in News
Reading Time: 2 mins read
generic Roblox background
ShareTweetShare

Roblox continues to prove that it’s one of, if not the, most popular spaces in the metaverse – its Q3 Financial Report shows that the platform is up in nearly every aspect. 

You might also like

Elite Dangerous Reveals New and Massive Panther Clipper Mk II Ship

Honkai: Star Rail X Fate/stay night UBV Crossover Revealed with Saber and Archer

Today in Flight Simulation News – May 2, 2025

Revenue alone was $919 million, which is up 29% year-over-year. Bookings were $1,128.5 million, which is up 34% year-over-year, and the DUAs (average daily active users) were 88.9 million, which is up 27% year-over-year. Additionally, the monthly unique players were 19.1 million, which is up 30% year-over-year. Altogether, users played a collective 20.7 billion hours of Roblox.

Other stats reported are below:

  • Adjusted EBITDA: $55 million
  • Net cash and cash equivalents: $247.4 million
  • Cash, cash equivalents, short-term investments, and long-term investments totaled $3.9 billion (net liquidity was $2.9 billion)

Not only are these numbers great, but they also exceeded the expectations that Roblox set for itself in the Q2 Financial Report. For example, the expectation was that revenue would be between $860 million to $885 million. The actual revenue was $919 million. 

The differences were across the board, too. Bookings were expected to be between $1,000 million and $1,025 million (when it was actually $1,128.5 million). Adjusted EBITDA was thought to land between $22 million and $42 million (compared to the actual $55 million). Net cash was predicted to be between $147 million and $162 million (when it actually landed at $247.4 million). 

The Q3 Financial Report shows that Roblox is still increasing after being one of the most popular platforms since its release in 2006. 

All of this success comes after waves of concern for child safety led to Turkey banning Roblox outright. While Roblox has instated new rules for child and teen safety, the fight to return to Turkey continues. 

For more news on Roblox and the Metaverse, check out how Warner Bros. Pictures sold movie tickets on the platform.

Related Posts

JR East Train Simulator Series 185

JR East Train Simulator Series 185 DLC Released

March 2, 2025
Muv-Luv Dimensions Takeru and Sumika

Today in Gaming News – November 27, 2024

November 28, 2024
Mecha Machine in MechWarrior 5 Mercenaries

This MechWarrior 5: Mercenaries VR Motion Rig Takes You Inside the Mech

July 23, 2024

Browse by Category

  • Editorials
  • Events
  • Guides
  • Interviews
  • News
  • Previews
Tags: AndriodGamingiOSMetaverseNewsPCPS4PS5RobloxRoblox CorporationXbox OneXbox Series X|S
ShareTweetShare

Recommended For You

Elite Dangerous – the Panther Clipper Mk II
News

Elite Dangerous Reveals New and Massive Panther Clipper Mk II Ship

May 3, 2025
Honkai: Star Rail x Fate Saber
News

Honkai: Star Rail X Fate/stay night UBV Crossover Revealed with Saber and Archer

May 3, 2025
Today in Flight Simulation News – May 2, 2025
News

Today in Flight Simulation News – May 2, 2025

May 3, 2025
News

Boeing 737 Max 8 for Microsoft Flight Simulator 2024 Gets First Screenshots

May 2, 2025
Flight Simulation News Volume 2 737 max by iFly for Microsoft Flight Simulator 2024
News

This Week in Flight Simulation News – April 26 to May 1, 2025

May 2, 2025
elden ring nightreign
News

Elden Ring Nightreign Overview Outlines Its Story, Mechanics, & Classes

May 2, 2025

Next Post
screenshot in Tlatoani Aztec Cities

Tlatoani: Aztec Cities Takes Players to Mesoamerica in an Ancient City Builder Sim

Simulation Daily Powered by Orbx

Navigate Site

  • About Simulation Daily
  • Our Staff
  • Ethics
  • Contact Us
  • Advertise With US
  • Gaming
  • Simulation
  • Esports
  • Entertainment
  • Technology
  • Disclaimer and Privacy Policy

Follow Us

© 2025 Orbx Ltd

No Result
View All Result
  • Home
  • Gaming
  • Simulation
  • Technology
  • Esports
  • Entertainment
  • About Simulation Daily
  • Our Staff
  • Ethics
  • Contact Us
  • Subscribe to our Newsletter

© 2024 Orbx Ltd

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?