Roblox's Q3 2024 earnings showed a 29% revenue increase, reaching $919 million, despite a $239.3 million loss.

Roblox's Q3 2024 earnings report revealed a revenue increase of 29% year-over-year, reaching $919 million, with bookings up 34% to $1.13 billion. Despite a net loss of $239.3 million, the company saw significant growth in user engagement, with 88.9 million average daily active users. CEO David Baszucki emphasized the commitment to safety and community values, announcing over 30 improvements to moderation systems this year. Roblox anticipates continued revenue growth for Q4.

October 31, 2024
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