Roblox (RBLX) Q1 2026 earnings summary

Executive summary

• Revenue reached $1.44 billion in Q1 2026, up 39% year-over-year, with bookings at $1.73 billion, up 43%, both exceeding long-term growth targets.

• Operating cash flow was $629 million and free cash flow $596 million, up 42% and 40% year-over-year, respectively.

• Net loss attributable to common stockholders was $246 million, while adjusted EBITDA rose 71% year-over-year to $99 million.

• DAUs hit 132 million, up 35% year-over-year, with international DAUs up 40% and monthly unique payers rising 52% to 31 million.

• Significant investments in safety, including global rollout of age checks and new account types for children and teens, are impacting short-term growth.

Financial highlights

• Revenue grew 39% year-over-year to $1.44 billion; bookings up 43% to $1.73 billion.

• Adjusted EBITDA was $99 million, up from $58 million in Q1 2025; net loss was $246 million.

• Free cash flow: $596 million (+40% YoY); net cash from operations: $629 million (+42% YoY).

• Cash, cash equivalents, and investments totaled $6.2 billion at quarter-end.

• Engagement and monetization metrics remained stable compared to the prior year.

Outlook and guidance

• Full-year revenue growth guidance revised to 20%-25%; bookings growth guidance lowered to 8%-12%.

• Q2 2026 revenue guidance: $1.39B–$1.45B (+29–34% YoY); bookings: $1.55B–$1.61B (+8–12% YoY).

• DAU expected to contract between Q1 and Q2, returning to sequential growth in Q3.

• Margin reduction expected due to lower bookings and incremental investments in AI and DevEx for 18+ users.

• Management expects continued investment in creator community, safety, and infrastructure.