Roblox (RBLX) financial statements
Roblox reported revenue of $4.9B in fiscal 2025, up 45.8% a year over 6 years.
Net income was -$1.1B and the operating margin -25.2%, against -15.0% in 2019.
Free cash flow was $1.4B.
The diluted share count rose 323% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Roblox's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $508M | $924M | $1.9B | $2.2B | $2.8B | $3.6B | $4.9B |
| Cost of revenue | $122M | $240M | $497M | $548M | $649M | $801M | $1.1B |
| Gross profit | $386M | $684M | $1.4B | $1.7B | $2.2B | $2.8B | $3.8B |
| Research and development | $107M | $201M | $533M | $873M | $1.3B | $1.4B | $1.6B |
| Selling, general and admin | $87M | $156M | $389M | $415M | $537M | $582M | $826M |
| Operating income | -$76M | -$266M | -$495M | -$924M | -$1.3B | -$1.1B | -$1.2B |
| Interest expense | $0 | $0 | $7M | $40M | $41M | $41M | $41M |
| Pre-tax income | -$71M | -$264M | -$504M | -$931M | -$1.2B | -$936M | -$1.1B |
| Income tax | $9,000 | -$7M | -$320,000 | $4M | $454,000 | $4M | $4M |
| Net income | -$71M | -$253M | -$492M | -$924M | -$1.2B | -$935M | -$1.1B |
| EPS (diluted) | -$0.44 | -$1.39 | -$0.97 | -$1.55 | -$1.87 | -$1.44 | -$1.54 |
| Diluted shares | 163M | 182M | 506M | 596M | 616M | 647M | 690M |
| Gross margin | 75.9% | 74.0% | 74.1% | 75.4% | 76.8% | 77.8% | 78.1% |
| Operating margin | -15.0% | -28.8% | -25.8% | -41.5% | -45.0% | -29.5% | -25.2% |
| Net margin | -14.0% | -27.4% | -25.6% | -41.5% | -41.2% | -26.0% | -21.8% |
Balance sheet
Fiscal years, from Roblox's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $301M | $894M | $3.0B | $3.0B | $2.2B | $2.4B | $3.1B |
| Receivables | — | $247M | $307M | $379M | $506M | $615M | $901M |
| Total current assets | — | $1.4B | $3.7B | $3.8B | $3.3B | $3.7B | $4.9B |
| Property, plant and equipment | — | $206M | $271M | $592M | $695M | $660M | $885M |
| Goodwill | — | $60M | $118M | $134M | $142M | $142M | $143M |
| Total assets | — | $1.8B | $4.6B | $5.4B | $6.2B | $7.2B | $9.6B |
| Total current liabilities | — | $1.2B | $2.2B | $2.5B | $3.1B | $3.7B | $5.1B |
| Long-term debt | — | $0 | $988M | $989M | $1.0B | $1.0B | $993M |
| Total liabilities | — | $1.7B | $4.0B | $5.1B | $6.1B | $7.0B | $9.2B |
| Shareholders' equity | -$113M | -$252M | $585M | $306M | $76M | $221M | $394M |
| Net debt | -$301M | -$894M | -$2.0B | -$2.0B | $327M | $295M | -$212M |
Cash flow
Fiscal years, from Roblox's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $99M | $524M | $659M | $369M | $458M | $822M | $1.8B |
| Capital spending | $83M | $104M | $93M | $426M | $321M | $180M | $441M |
| Free cash flow | $16M | $420M | $566M | -$57M | $138M | $643M | $1.4B |
| Stock-based compensation | $18M | $79M | $342M | $589M | $868M | $1.0B | $1.1B |
| Net borrowing | $0 | $0 | $990M | $0 | $15M | $0 | $0 |
| Free cash flow margin | 3.1% | 45.5% | 29.5% | -2.6% | 4.9% | 17.8% | 27.7% |
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Open RBLX in InvestinglyQuestions
What was Roblox's revenue in 2025?
$4.9B in fiscal 2025, from its 10-K filing.
How much free cash flow does Roblox generate?
$1.4B in fiscal 2025 (operating cash flow minus capital spending).
From Roblox's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.