RBLX Q2 2026 Earnings

Call Details

• Call Title: Roblox Corporation Q2 2026 Earnings Call
• Date: July 30, 2026 at 8:30 PM UTC
• Management Team:
  • Jamie Morris (Head of Investor Relations)
  • David Baszucki (Chief Executive Officer)
  • Naveen Chopra (Chief Financial Officer)

Call Summary

Financial Performance

• Revenue grew 36% year over year to $1.5B in Q2 2026.
• Bookings grew 8% year over year to $1.6B in Q2 2026, which was at the low end of the guidance range and below internal targets.
• Operating cash flow was $318M, up 60% year over year, and free cash flow was $294M, up 66% year over year.
• Daily active users finished the quarter at 123M DAUs, up 10% year over year.
• Engagement hours grew 5% to 29B hours for the quarter.
• Top 10 games represented approximately 20% of hours versus about 30% three years ago, indicating a broader content mix.

Guidance

• Q3 bookings are forecast to be between $1.58B and $1.65B, implying a year-over-year decline of 14% to 18%.
• The company is not providing revised full-year guidance at this time due to increasing variability and platform updates.
• Management expects sequential DAU improvement in Q3 from seasonality and the reinstatement of Russia, but expects monetization weakness to persist into Q3.
• Q3 margin outlook accounts for fixed-cost deleveraging from lower bookings and higher infrastructure costs from AI investments.