Roblox has published its financial report for the first quarter of the fiscal year, reporting strong growth across the board including over $1 billion in revenue.

The numbers

• Revenue: $1.04 billion, up 29% year-on-year
• Bookings: $1.2 billion, up 31% year-on-year
• Net losses: $215.4 million compared to $270.8 million during the same quarter last year

The highlights

Roblox attributed its strong results to several of its key initiatives, including differential pricing and price optimisation (both launched in late 2024) and regional pricing recommendations that launched last week.

“In addition to an ongoing focus on raw performance and quality, investments in the virtual economy and within search and discovery are yielding encouraging results in driving platform monetisation, bookings growth, creator earnings growth, and long-term ecosystem health,” the firm said.

Looking at Roblox’s metrics for the quarter, the platform saw an increase of 26% in the number of its daily active users (DAU) to 97.8 million. DAU performance was especially high in the US and Canada, experiencing a 22% rise of DAU.

It saw a 30% increase in hours engaged at 21.7 billion, in addition to a 29% jump in average monthly unique payers at 20.2 million.

“In Q1 2025, all of our results were above the guidance we provided on our Q4 2024 earnings call as we deliver on several key growth initiatives,” said Roblox CEO and founder David Baszucki.

“In addition to our focus on raw performance and quality, investments in the virtual economy and search and discovery are driving growth in platform monetisation, bookings, and creator earnings.”

Baszucki also revealed that during Q1 2025, Roblox creators earned $281.6 million over the past year, with over 100 developers earning more than $1 million.

While Roblox hasn’t changed the forecast for its full year guidance, and its changed its predicted net losses to be between $1.03 billion and $977 million.