Gaming platform Roblox (RBLX) reported its third-quarter 2025 earnings on Thursday, showing strong revenue and record daily users. Shares initially rose 8% but later fell more than 9% after investors reacted to new safety measures.
Roblox Q3 2025 Revenue and Bookings
Roblox’s third-quarter bookings, which measure how much users spend on the platform, jumped 70% year-over-year to $1.92 billion. This exceeded Wall Street expectations of $1.7 billion and the company’s guidance of $1.59–$1.64 billion.
The company also raised its full-year 2025 bookings forecast from $5.87–$5.97 billion to $6.57–$6.62 billion, beating analysts’ expectations of $6.2 billion.
Management said, “We are increasingly confident in our ability to capture 10% of the $180 billion global gaming market on Roblox and aim to become one of the major global internet platforms.”
Record Daily Users on Roblox
Roblox saw an average of 151.5 million daily users during the quarter, up 70% from 88.9 million in the same period last year. This also surpassed expectations of 132.2 million users.
Safety Measures and Stock Impact
Investors may be concerned because of Roblox’s new safety measures. The platform has faced several child safety lawsuits. Roblox plans to require facial estimation for users accessing communication tools and will limit interactions between adults and minors who don’t know each other. The company warns these new rules “may hurt platform engagement in the short term.”
Roblox also said that in 2026, tough comparisons and new safety features may affect reported growth. Operating margins could slightly decline due to higher developer payments and investments in infrastructure and safety.
Roblox paid $427.9 million to creators in the quarter, up from $231.5 million last year. Total payouts in 2025 have already exceeded $1 billion. Popular games like “Grow a Garden” and “Steal a Brainrot” set new records for concurrent players.
Earlier this month, Morgan Stanley praised Roblox as a leader in next-generation entertainment, comparing it to YouTube.
