RBLX Q2 2025 Earnings

Call Details

• Call Title: Roblox Corporation Q2 2025 Earnings Call
• Date: July 31, 2025 at 12:30 PM UTC
• Management Team:
  • Stefanie Notaney (Head of Investor Relations)
  • David Baszucki (Chief Executive Officer)
  • Naveen Chopra (Chief Financial Officer)

Call Summary

Financial Performance

• Company reported Q2 2025 revenue of $1.1B, which management stated was up 21% year on year.
• Q2 2025 bookings were $1.4B, which management stated was up 51% year on year.
• Q2 2025 DAUs were 111.8M, which management stated was up 41% year on year.
• Hours engaged in Q2 were 27.4B, which management stated was up 58% year on year.
• Monthly unique payers in Q2 were 23.4M, which management stated was up 42% year on year, and new monthly unique payers were a record 4.6M.
• Average bookings per monthly unique payer increased by 6% year on year in Q2.
• Developer Exchange (DevEx) payouts were $316.4M in Q2, which management stated was up 52% year on year.

Guidance

• Full year 2025 revenue guidance was raised to a range implying 22% to 25% year on year growth.
• Full year 2025 bookings guidance was raised to imply 34% to 37% year on year growth.
• At the high end of the updated bookings range, management quantified an incremental increase of $610M or more than 11% versus prior annual guidance.
• For Q3 guidance assumptions, the company conservatively assumed recent viral-hit engagement and spending will move toward underlying growth trends during Q3.
• Management flagged tougher year-on-year comps in August and September related to prior viral-hit peaks in 2024.
• Management stated that Q4 guidance carries heightened uncertainty due to a significant portion of Q4 bookings historically being captured in the final days and weeks of the period.