Roblox includes bookings as a metric in its earnings report. Tryq About Q.ai's Inflation Kit | Q.ai - a Forbes company Bookings However, it's exciting that Roblox is maintaining a positive year-over-year revenue increase as people spend less time at home. It's difficult for a company to see 100%+ year-over-year increases for several quarters in a row. The booming rise in users on Roblox corresponds with the pandemic, which resulted in many people spending more time at home. In the third quarter of 2021, Roblox reported a year-over-year revenue increase of 102%. But these numbers weren’t nearly as impressive as last year's. Of course, any year-over-year growth is moving the needle in the right direction. This represents a 2% year-over-year increase. Roblox reported revenue of $517.7 million for the third quarter of 2022. Here’s a breakdown of the company’s latest data. On November 9, Roblox released its financial results for the third quarter of 2022. However, the short-term performance outlook is up. As of December 4, 2022, Roblox stock (RBLX) closed at $33.99, a little bit lower than its closing stock price of $36.74 on November 11 after the earnings report was released on November 9.įor the year, Roblox stock is down overall.
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