Roblox’s Q2 2024 earnings show daily user count beats estimates

Roblox recently released its quarterly earnings report, which revealed that its revenue and daily user count are on the rise — beyond what the company had estimated for the period. Specifically, revenue was up 31% year-over-year, bookings rose by 22% and average daily active users (DAUs) grew by 21%. According to Roblox, this is part of its measures to “offset unseasonable growth rate declines” that began in the previous quarter.

Overall, Roblox reports $893.5 million in revenue and $955.2 million in bookings during the second quarter of 2024. They also report 79.5 million DAUs and 17.4 billion hours of engagement. The number of DAUs grew in regions such as Japan and India in particular — 56% and 57% respectively. The company also reported it was raising its full-year predictions in most categories, projecting revenue between $3.49-3.54 billion and $4.18-4.23 billion.