That's a lot of time spent on video games. Moreover, hours engaged skyrocketed 23% to 14.5 billion. In Q1, average DAUs were 66 million, an increase of 22% year over year. Two important performance indicators to keep an eye on are daily active users (DAU) and hours engaged on the platform. To get a more thorough understanding of Roblox's business, it is important to look beyond traditional financial statement figures. ![]() Additionally, the company's operating cash flow increased by about 11% to $174 million. This accelerating bookings growth can be more easily digested when looking at the company's revenue and cash flow profiles.įor Q1, revenue came in at $655 million, an increase of 22% year over year (or 24% on a constant-currency basis). ![]() Per management's commentary on the earnings call the year-over-year changes in bookings for its past five quarters were as follows: -3%, -4%, 10%, 17%, and 23%. In the first quarter, Roblox generated total bookings of $774 million, which was 23% higher year over year (and 25% higher on a constant-currency basis). Let's dig into what the company has to offer and whether the stock is worth considering for your portfolio. ![]() Several exciting tailwinds should fuel higher engagement on Roblox's platform. Though Roblox's stock price gained a generous 54% year to date, the company still trades at a steep discount to the all-time high it reached in November 2021.
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