Slide 1: Q2 2025 Supplemental Materials
Q2 2025 Supplemental Materials July 31, 2025
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation and the live webcast and Q&A session which will be held at 530 a.m. Pacific Time/830 a.m. Eastern Time on Thursday, July 31, 2025 contain “forward-looking statementsˮ within the meaning of the “safe harborˮ provisions of the Private Securities Litigatio
Slide 3: Q2 2025 Results Review
Q2 2025 Results Review 21% YoY Growth 51% YoY Growth 41% YoY Growth 58% YoY Growth $1.1B $1.4B 111.8M 27.4B REVENUE BOOKINGS1 AVERAGE DAILY HOURS ACTIVE USERS ENGAGED (“DAUsˮ) For endnote descriptions, see final slide. 3
Slide 4: Q2 2025 Results Review
Q2 2025 Results Review 32% YoY GrowthB 58% YoY GrowthB $(280)M $18M $199M $177M CONSOLIDATED ADJUSTED NET CASH AND CASH FREE CASH FLOW1 NET LOSS EBITDAA1 EQUIVALENTS PROVIDED BY OPERATING ACTIVITIES A Adjusted EBITDA excludes an adjustment for a total net increase in deferred revenue and
Slide 5: Operating and Financial Metrics Discussion
Operating and Financial Metrics Discussion 5
Slide 6: DAUs
DAUs (in millions) Year-over-year growth % 6
Slide 7: DAUs by Region and Age
DAUs by Region and Age(2) (in millions) By Region By Age Group US & Canada Europe APAC ROW U13 13O Unknown US & Canada 15% 11% 17% 13% 21% 26% 15% 22% 21% U13 17% 12% 13% 12% 15% 16% 11% 13% 22% Europe 29% 22% 20% 13% 14% 15% 6% 10% 24% 13O 33% 25% 28% 22% 26% 34% 26% 36% 54% YoY YoY APAC 25% 23% 27
Slide 8: Hours Engaged
Hours Engaged (in billions) Year-over-year growth % 8
Slide 9: Hours Engaged by Region and Age
Hours Engaged by Region and Age(2) (in billions) By Region By Age Group US & Canada Europe APAC ROW U13 13O Unknown US & Canada 17% 12% 16% 12% 23% 28% 17% 27% 35% U13 13% 10% 10% 8% 16% 17% 11% 17% 36% Europe 32% 24% 21% 11% 16% 17% 9% 16% 43% YoY 13O 32% 27% 28% 19% 30% 37% 28% 40% 72% YoY APAC 16
Slide 10: Revenue
Revenue(3) $ in millions, unaudited) Year-over-year growth % For endnote descriptions, see final slide. 10
Slide 11: Revenue by Region
Revenue by Region(3)(4) $ in millions, unaudited) US & Canada Europe APAC ROW US & Canada 13% 34% 27% 20% 29% 27% 30% 27% 18% Europe 14% 39% 29% 23% 32% 31% 35% 33% 25% YoY APAC 30% 52% 39% 31% 38% 29% 31% 28% 22% ROW 23% 49% 39% 33% 42% 38% 42% 40% 31% Total 15% 38% 30% 22% 31% 29% 32% 29% 21% For
Slide 12: Bookings
Bookings(1) $ in millions, unaudited) Year-over-year growth % For endnote descriptions, see final slide. 12
Slide 13: Bookings by Region
Bookings by Region(1)(4) $ in millions, unaudited) US & Canada Europe APAC ROW US & Canada 19% 14% 21% 17% 21% 33% 18% 31% 43% Europe 30% 37% 37% 23% 24% 36% 24% 29% 60% YoY APAC 17% 15% 18% 16% 22% 36% 29% 32% 75% ROW 36% 43% 49% 35% 33% 37% 24% 32% 55% Total 22% 20% 25% 19% 22% 34% 21% 31% 51% Fo
Slide 14: Average Bookings per DAU (ABPDAU)
Average Bookings per DAU (“ABPDAU”)(1) Year-over-year growth % For endnote descriptions, see final slide. 14
Slide 15: ABPDAUs by Region
ABPDAUs by Region(1)(2)(4) Year-over-year growth % US & Canada Europe APAC ROW For endnote descriptions, see final slide. 15
Slide 16: Payer Community
Payer Community New & Returning Monthly Unique Payers (in millions) Average Bookings Per Monthly Unique Payer1 For endnote descriptions, see final slide. 16
Slide 17: Four Main Expenses
Four Main Expenses 17
Slide 18: Cost of Revenue
Cost of Revenue(3) $ in millions, unaudited) Year-over-year growth % For endnote descriptions, see final slide. 18
Slide 19: Developer Exchange Fees
Developer Exchange Fees $ in millions, unaudited) Year-over-year growth % % of Revenue 24% 24% 30% 25% 23% 25% 28% 27% 29% % of Bookings1 21% 20% 20% 22% 22% 21% 21% 23% 22% For endnote descriptions, see final slide. 19
Slide 20: Certain Infrastructure and Trust & Safety Expense
Certain Infrastructure and Trust & Safety Expense(5) $ in millions, unaudited) Year-over-year growth % % of Revenue 19% 17% 17% 16% 14% 14% 13% 13% 14% % of Bookings1 17% 15% 11% 13% 13% 11% 9% 11% 11% For endnote descriptions, see final slide. 20
Slide 21: Personnel Costs excl. Stock-Based Compensation Expense
Personnel Costs excl. Stock-Based Compensation Expense $ in millions, unaudited) Year-over-year growth % Headcount 2400 2500 2500 2500 2400 2400 2500 2600 2800 % of Revenue 30% 27% 26% 28% 23% 22% 20% 23% 23% % of Bookings1 26% 23% 18% 25% 21% 18% 15% 20% 17% For endnote descriptions, se
Slide 22: Liquidity, Cash Flow, & Shares Outstanding
Liquidity, Cash Flow, & Shares Outstanding 22
Slide 23: Principal Sources of Liquidity
Principal Sources of Liquidity $ in millions, unaudited) 7 Total cash, cash equivalents, and $3,025 $3,116 $3,237 $3,469 $3,601 $3,882 $4,020 $4,511 $4,738 investments Net Liquidity6 $2,020 $2,111 $2,232 $2,464 $2,596 $2,876 $3,013 $3,504 $3,731 For endnote descriptions, see final slide. 23
Slide 24: Net Cash and Cash Equivalents Provided by Operating Activities
Net Cash and Cash Equivalents Provided by Operating Activities $ in millions, unaudited) A A A Operating cash flow in 1Q25 benefited from the delay of a $30 million payout to a developer that was subsequently paid and negatively impacted operating cash flow in 2Q25. Had we made this payment i
Slide 25: Free Cash Flow
Free Cash Flow(1) $ in millions, unaudited) A A Acquisition of property $110.9M $53.2M $65.2M $46.7M $39.7M $29.4M $63.9M $17.4M $22.6M and equipment Purchases of intangible $13.0M — — $1.2M $0.2M — — — — assets A Free cash flow in 1Q25 benefited from the delay of a $3
Slide 26: Shares Outstanding
Shares Outstanding (shares in thousands, unaudited) As of 2024 to 6/30/2025 6/30/2024 6/30/2023 2025 YoY% Shares of Class A and B Common stock 693,161 646,611 616,301 7% outstanding Number of stock options outstandingA 13,086 35,718 46,588 63% Number of unvested RSUs outstanding 31,296 37,702 36,
Slide 27: Guidance
Guidance 27
Slide 28: 3Q25 Guidance
3Q25 Guidance(8) Summary $ in millions) 3 months ended Guidance Actual 9/30/2025 9/30/2024 YoY % Low High Low High Revenue $1,110.0 $1,160.0 $919.0 21% 26% Bookings1 $1,590.0 $1,640.0 $1,128.5 41% 45% Consolidated net loss $396.0 $366.0 $240.4 65% 52% Adjusted EBITDA1 $58.0 $28.0 $55.
Slide 29: Fiscal Year Guidance
Fiscal Year Guidance(8) Summary $ in millions) 12 months ended Guidance Actual 12/31/2025 12/31/2024 YoY % Low High Low High Revenue $4,390.0 $4,490.0 $3,602.0 22% 25% Bookings1 $5,870.0 $5,970.0 $4,369.1 34% 37% Consolidated net loss $1,261.0 $1,201.0 $940.6 34% 28% Adjusted EBITDA1 $5.
Slide 30: 3Q25 Guidance: Non-GAAP Financial Measures Reconciliation
3Q25 Guidance: Non-GAAP Financial Measures Reconciliation Revenue8 to Bookings1 $ in millions) 3 months ended Guidance Actual 9/30/2025 9/30/2024 YoY % Low High Low High Revenue $1,110.0 $1,160.0 $919.0 21% 26% Add (deduct): Change in deferred revenue 488.0 488.0 216.3 126% 126% Other 8.0 8.
Slide 31: Fiscal Year Guidance: Non-GAAP Financial Measures Reconciliation
Fiscal Year Guidance: Non-GAAP Financial Measures Reconciliation Revenue8 to Bookings1 $ in millions) 12 months ended Guidance Actual 12/31/2025 12/31/2024 YoY % Low High Low High Revenue $4,390.0 $4,490.0 $3,602.0 22% 25% Add (deduct): Change in deferred revenue 1,510.0 1,510.0 792.4 91% 91% O
Slide 32: 3Q25 Guidance: Non-GAAP Financial Measures Reconciliation
3Q25 Guidance: Non-GAAP Financial Measures Reconciliation Consolidated Net Loss8 to Adjusted EBITDA18 $ in millions) 3 months ended Guidance Actual 9/30/2025 9/30/2024 YoY % Low High Low High Consolidated Net Loss $396.0 $366.0 $240.4 65% 52% Add (deduct): Interest income 40.0 40.0
Slide 33: Fiscal Year Guidance: Non-GAAP Financial Measures Reconciliation
Fiscal Year Guidance: Non-GAAP Financial Measures Reconciliation Consolidated Net Loss8 to Adjusted EBITDA18 $ in millions) 12 months ended Guidance Actual 12/31/2025 12/31/2024 YoY % Low High Low High Consolidated Net Loss $1,261.0 $1,201.0 $940.6 34% 28% Add (deduct): Interest income
Slide 34: 3Q25 Guidance: Non-GAAP Financial Measures Reconciliation
3Q25 Guidance: Non-GAAP Financial Measures Reconciliation Net Cash and Cash Equivalents Provided by Operating Activities to Free Cash Flow1 $ in millions) 3 months ended Guidance Actual 9/30/2025 9/30/2024 YoY % Low High Low High Net cash and cash equivalents provided by operating activities $415
Slide 35: Fiscal Year Guidance: Non-GAAP Financial Measures Reconciliation
Fiscal Year Guidance: Non-GAAP Financial Measures Reconciliation Net Cash and Cash Equivalents Provided by Operating Activities to Free Cash Flow1 $ in millions) 12 months ended Guidance Actual 12/31/2025 12/31/2024 YoY % Low High Low High Net cash and cash equivalents provided by operating activ
Slide 36: Appendix
Appendix RQBLOX
Slide 37: Revenue, Deferred Revenue, and Bookings Illustration
Revenue, Deferred Revenue, and Bookings Illustration The following example illustrates GAAP revenue recognition for bookings on the Roblox platform. ● Paying user spends $30 on the Roblox platform to purchase 3,000 Robux or Recognized in Month 1 purchases a $30 prepaid card to exchange for 3,000 Rob
Slide 38: Non-GAAP Financial Measures Reconciliation
Non-GAAP Financial Measures Reconciliation Revenue to Bookings1 $ in thousands, unaudited) 3 months ended 2024 to 6/30/2025 6/30/2024 6/30/2023 2025 YoY% Revenue $ 1,080,677 $ 893,543 $ 680,766 21% Add (deduct): Change in deferred revenue 365,068 66,728 105,372 NM Other 8,117 5,093 5,452 59
Slide 39: Non-GAAP Financial Measures Reconciliation
Non-GAAP Financial Measures Reconciliation Consolidated Net Loss to Adjusted EBITDA1 $ in thousands, unaudited) 3 months ended 2024 to 6/30/2025 6/30/2024 6/30/2023 2025 YoY% Consolidated Net Loss $ 279,800 $ 207,195 $ 284,841 35% Add (deduct): Interest income 48,844 44,383 34,764 10%
Slide 40: Non-GAAP Financial Measures Reconciliation
Non-GAAP Financial Measures Reconciliation Net Cash and Cash Equivalents Provided by Operating Activities to Free Cash Flow1 $ in thousands, unaudited) 3 months ended 2024 to 6/30/2025 6/30/2024 6/30/2023 2025 YoY% Net cash and cash equivalents provided by operating activities $ 199,262 $ 151,449
Slide 41: Personnel Costs excl. Stock-Based Compensation Expense by Department
Personnel Costs excl. Stock-Based Compensation Expense by Department $ in thousands, unaudited) 3 months ended 2024 to 6/30/2025 6/30/2024 6/30/2023 2025 YoY% Infrastructure and trust & safety $ 29,559 $ 25,810 $ 23,991 15% Research and development 155,173 137,273 136,547 13% General and administra
Slide 42: Depreciation and Amortization Expense by Department
Depreciation and Amortization Expense by Department $ in thousands, unaudited) 3 months ended 2024 to 6/30/2025 6/30/2024 6/30/2023 2025 YoY% Infrastructure and trust & safety $ 43,945 $ 45,382 $ 45,840 3% Research and development 8,525 6,848 6,271 24% General and administrative 999 388 415 157% S
Slide 43: Stock-Based Compensation Expense by Department
Stock-Based Compensation Expense by Department $ in thousands, unaudited) 3 months ended 2024 to 6/30/2025 6/30/2024 6/30/2023 2025 YoY% Infrastructure and trust & safety $ 34,618 $ 27,973 $ 22,695 24% Research and development 188,698 180,556 147,768 5% General and administrative 48,551 34,796 34,8
Slide 44: Non-GAAP Financial Measures Definitions
Non-GAAP Financial Measures Definitions This presentation contains the following non-GAAP financial measures: bookings, Adjusted EBITDA, and free cash flow. We use this non-GAAP financial information to evaluate our ongoing operations and for internal planning and forecasting purposes. We believe th
Slide 45: Note Regarding Operating Metrics
Note Regarding Operating Metrics We manage our business by tracking several operating metrics, including average daily active users (“DAUs”), hours engaged, bookings, average bookings per DAU (“ABPDAU”), average new and returning monthly unique payers, monthly repurchase rate, and average bookings p
Slide 46: Note Regarding Operating Metrics (continued)
Note Regarding Operating Metrics (continued) DAUs We define a DAU as a user who has logged in and visited Roblox through our website or application on a unique registered account on a given calendar day. If a registered, logged in user visits Roblox more than once within a 24-hour period that spans
Slide 47: Note Regarding Operating Metrics (continued)
Note Regarding Operating Metrics (continued) ABPDAU We define ABPDAU as bookings in a given period divided by the DAUs for such period. We primarily use ABPDAU as a way to understand how we are monetizing across all of our users. ABPDAU is also broken out by geographic region to help us understand t
Slide 48: Endnotes
Endnotes Note: Amounts reported in millions are rounded based on the amounts in thousands. As a result, 3 Beginning 2Q24, the estimated average lifetime of a payer changed from 28 months to the sum of the components reported in millions may not equal the total amount reported in millions 27 months