Roblox reports 38% revenue spike in Q3, 70M daily active users

Roblox today released its financial earnings report for Q3 2023, and the company reports revenue of $713.2 million, a 38% increase year-over-year, as well as bookings of $839.5 million, a 20% increase over the same period. In addition to monetary figures, Roblox also reported it had over 70 million daily active users, a 20% increase from the previous Q3, and 14.7 million unique monthly payers, a 14% increase.

Roblox’s net loss for the quarter is $277.2 million, down almost $20 million from the previous quarter. It also saw a 20% increase in engagement, to 16 billion hours. The company’s stock jumped by almost 15% after the earnings report came out, largely thanks to beating analysts’ estimates for the quarter.