Roblox Report: The platform's daily audience is approaching 80 million users
Roblox reported its second quarter 2024 results, ending June 30. The company highlighted growth in revenue and user base, as well as a reduction in losses.
Roblox
- Compared to the previous year, Roblox's quarterly revenue increased by 31%, reaching $893.5 million. More than half of this amount ($565.9 million) was earned in the USA and Canada.
- Roblox's bookings increased by 22% to $955.2 million.
- The net loss for common stockholders was $205.9 million, down from $282.7 million a year ago.
- The number of daily active users (DAU) reached 79.5 million, a 21% increase from the previous year.
- Average bookings per daily active user (ABPDAU) rose by 1% to $12.
- During the quarter, Roblox users spent a total of 17.4 billion hours on the platform, a 24% increase.
