Roblox today posted its financial results for Q4 2024. The company report overall shows modest growth over the holiday season, but not anything that exceeded anyone’s predictions. It also posted its predictions for 2025, and its expectations are more modest than previously assumed. Its guidance shows that the company expects lower growth in the second half of the year than the first, which was apparently disappointing enough to cause its shares to drop.
According to the report, bookings and revenue were both up, at $1.36 billion and $988 million, respectively. Its consolidated net loss sits at $221.1 million. Some of the company’s results were favorable year-over-year, but not necessarily quarter-to-quarter. Roblox’s daily active users were 85.3 million in this quarter, up 19% year-over-year. However, the platform had 88.9 million in Q3 this year. Similarly, its hours engaged dropped from 20.7 billion to 18.7 billion quarter-over-quarter.
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