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Roblox Corporation (RBLX) 10-Year Financial Performance & Capital Metrics

RBLX • • Industrial / General
TechnologyGaming & MultimediaGaming Platforms & ServicesGaming Platform Operators
AboutRoblox Corporation develops and operates an online entertainment platform. The company offers Roblox Studio, a free toolset that allows developers and creators to build, publish, and operate 3D experiences, and other content; Roblox Client, an application that allows users to explore 3D digital world; Roblox Education for learning experiences; and Roblox Cloud, which provides services and infrastructure that power the human co-experience platform. It serves customers in the United States, the United Kingdom, Canada, Europe, China, the Asia-Pacific, and internationally. The company was incorporated in 2004 and is headquartered in San Mateo, California.Show more
  • Revenue $3.6B +28.7%
  • EBITDA -$837M +20.4%
  • Net Income -$935M +18.8%
  • EPS (Diluted) -1.44 +23.0%
  • Gross Margin 77.76% +1.2%
  • EBITDA Margin -23.23% +38.1%
  • Operating Margin -29.52% +34.4%
  • Net Margin -25.97% +36.9%
  • ROE -674.69% -9.4%
  • ROIC -64.96% +98.7%
  • Debt/Equity 8.65 -66.3%
  • Interest Coverage -25.82 +16.5%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓FCF machine: 17.8% free cash flow margin
  • ✓Strong 5Y sales CAGR of 47.9%

✗Weaknesses

  • ✗High debt to equity ratio of 8.7x
  • ✗Weak momentum: RS Rating 14 (bottom 14%)
  • ✗Trading more than 30% below 52-week high
  • ✗Expensive at 262.7x book value

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y47.93%
3Y23.35%
TTM32.7%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM6.82%

EPS CAGR

10Y-
5Y-
3Y-
TTM12.8%

ROCE

10Y Avg-40.12%
5Y Avg-40.41%
3Y Avg-36.31%
Latest-32.09%

Peer Comparison

Gaming Platform Operators
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Size & Scale
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Growth
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Quality & Returns
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
NCTYThe9 Limited96.94M6.50-0.41-37.61%-17.89%-12.17%0.32
SOHUSohu.com Limited492.17M16.37-5.23-0.38%22.66%11.72%0.04
BILIBilibili Inc.10.86B33.12-10.2519.1%0.75%1.56%39.23%0.36
RBLXRoblox Corporation55.43B84.65-58.7828.68%-21.7%-248.22%1.16%8.65

Profit & Loss

Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+324.96M508.39M923.88M1.92B2.23B2.8B3.6B
Revenue Growth %-0.56%0.82%1.08%0.16%0.26%0.29%
Cost of Goods Sold+72.98M122.38M239.9M496.87M547.66M649.12M801.16M
COGS % of Revenue0.22%0.24%0.26%0.26%0.25%0.23%0.22%
Gross Profit+251.98M386.01M683.99M1.42B1.68B2.15B2.8B
Gross Margin %0.78%0.76%0.74%0.74%0.75%0.77%0.78%
Gross Profit Growth %-0.53%0.77%1.08%0.18%0.28%0.3%
Operating Expenses+339.53M462.45M950.12M1.92B2.6B3.41B3.86B
OpEx % of Revenue1.04%0.91%1.03%1%1.17%1.22%1.07%
Selling, General & Admin75M86.68M155.72M389.38M414.76M536.51M581.69M
SG&A % of Revenue0.23%0.17%0.17%0.2%0.19%0.19%0.16%
Research & Development87.05M107.09M201.43M533.21M873.48M1.25B1.44B
R&D % of Revenue0.27%0.21%0.22%0.28%0.39%0.45%0.4%
Other Operating Expenses177.48M268.68M592.97M994.82M1.31B1.62B1.84B
Operating Income+-87.55M-76.44M-266.14M-495.1M-923.78M-1.26B-1.06B
Operating Margin %-0.27%-0.15%-0.29%-0.26%-0.42%-0.45%-0.3%
Operating Income Growth %-0.13%-2.48%-0.86%-0.87%-0.36%0.16%
EBITDA+-75.61M-48.78M-222.33M-419.48M-793.7M-1.05B-836.88M
EBITDA Margin %-0.23%-0.1%-0.24%-0.22%-0.36%-0.38%-0.23%
EBITDA Growth %-0.35%-3.56%-0.89%-0.89%-0.32%0.2%
D&A (Non-Cash Add-back)11.94M27.66M43.81M75.62M130.08M208.14M226.44M
EBIT-87.55M-71.11M-264.35M-497.02M-891.95M-1.12B-896.69M
Net Interest Income+3.76M6.55M1.82M-6.91M-1.06M101.11M138.35M
Interest Income3.76M6.55M1.82M92K38.84M141.82M179.53M
Interest Expense0007M39.9M40.71M41.18M
Other Income/Expense-520K5.33M1.79M-8.7M-6.8M100.58M126.82M
Pretax Income+-88.07M-71.11M-264.35M-503.8M-930.59M-1.16B-936.5M
Pretax Margin %-0.27%-0.14%-0.29%-0.26%-0.42%-0.41%-0.26%
Income Tax+3K9K-6.66M-320K3.55M454K4.11M
Effective Tax Rate %1%1%0.96%0.98%0.99%0.99%1%
Net Income+-88.08M-70.97M-253.25M-491.65M-924.37M-1.15B-935.38M
Net Margin %-0.27%-0.14%-0.27%-0.26%-0.42%-0.41%-0.26%
Net Income Growth %-0.19%-2.57%-0.94%-0.88%-0.25%0.19%
Net Income (Continuing)-88.08M-71.11M-257.69M-503.48M-934.14M-1.16B-940.61M
Discontinued Operations0000000
Minority Interest024.36M20.01M8.11M-991K-7.66M-12.79M
EPS (Diluted)+-0.55-0.13-0.47-0.97-1.55-1.87-1.44
EPS Growth %-0.76%-2.62%-1.06%-0.6%-0.21%0.23%
EPS (Basic)-0.55-0.13-0.47-0.97-1.55-1.87-1.44
Diluted Shares Outstanding160.84M526.23M534.82M505.86M595.56M616.45M647.48M
Basic Shares Outstanding160.84M526.23M534.82M505.86M595.56M616.45M647.48M
Dividend Payout Ratio-------

Balance Sheet

Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+414.9M572.26M1.42B3.75B3.84B3.28B3.73B
Cash & Short-Term Investments284.32M358.54M893.94M3B2.98B2.19B2.41B
Cash Only227.65M301.49M893.94M3B2.98B678.47M711.68M
Short-Term Investments56.67M57.05M0001.51B1.7B
Accounts Receivable51.2M91.25M246.99M307.35M379.35M520.47M634.53M
Days Sales Outstanding57.5165.5297.5858.4562.2367.8664.3
Inventory0000000
Days Inventory Outstanding-------
Other Current Assets70.97M110.92M265.6M410.44M430.58M513.12M636.04M
Total Non-Current Assets+127.46M187.94M423.67M810.83M1.54B2.89B3.45B
Property, Plant & Equipment94.11M143.3M206.41M492.64M1.12B1.36B1.33B
Fixed Asset Turnover3.45x3.55x4.48x3.90x1.99x2.06x2.72x
Goodwill0059.57M118.07M134.34M142.13M141.69M
Intangible Assets508K2.46M42.33M59.67M54.72M53.06M33.98M
Long-Term Investments000001.04B1.61B
Other Non-Current Assets32.84M42.19M115.36M140.46M229.46M293.61M335.44M
Total Assets+542.36M760.21M1.85B4.56B5.38B6.17B7.18B
Asset Turnover0.60x0.67x0.50x0.42x0.41x0.45x0.50x
Asset Growth %-0.4%1.43%1.47%0.18%0.15%0.16%
Total Current Liabilities+349.35M496.14M1.23B2.17B2.48B3.05B3.66B
Accounts Payable18.06M3.42M12.01M64.39M71.18M60.09M42.88M
Days Payables Outstanding90.3510.2118.2847.347.4433.7919.54
Short-Term Debt0000000
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K1000K
Other Current Liabilities23.12M43.01M85.49M187.17M258.53M356.68M375.95M
Current Ratio1.19x1.15x1.16x1.73x1.55x1.07x1.02x
Quick Ratio1.19x1.15x1.16x1.73x1.55x1.07x1.02x
Cash Conversion Cycle-------
Total Non-Current Liabilities+306.2M377.02M851.63M1.8B2.59B3.05B3.3B
Long-Term Debt000987.72M988.98M1B1.01B
Capital Lease Obligations000194.62M494.59M646.51M670.05M
Deferred Tax Liabilities0000000
Other Non-Current Liabilities201.25M213.27M366.94M1.41M10.75M22.33M59.71M
Total Liabilities655.55M873.16M2.08B3.97B5.07B6.1B6.97B
Total Debt+0001.23B1.56B1.76B1.81B
Net Debt-227.65M-301.49M-893.94M-1.77B-1.42B1.08B1.09B
Debt / Equity---2.08x5.10x25.69x8.65x
Debt / EBITDA-------
Net Debt / EBITDA-------
Interest Coverage----70.75x-23.15x-30.93x-25.82x
Total Equity+-113.19M-112.95M-232.38M592.92M305.04M68.63M208.65M
Equity Growth %-0%-1.06%3.55%-0.49%-0.78%2.04%
Book Value per Share-0.70-0.21-0.431.170.510.110.32
Total Shareholders' Equity-113.19M-137.31M-252.39M584.82M306.03M76.29M221.45M
Common Stock16K17K20K58K59K61K62K
Retained Earnings-168.07M-239.04M-492.29M-983.94M-1.91B-3.06B-4B
Treasury Stock0000000
Accumulated OCI-8K39K90K62K671K1.54M-3.9M
Minority Interest024.36M20.01M8.11M-991K-7.66M-12.79M

Cash Flow

Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+101.04M99.19M524.34M659.11M369.3M458.18M822.32M
Operating CF Margin %0.31%0.2%0.57%0.34%0.17%0.16%0.23%
Operating CF Growth %--0.02%4.29%0.26%-0.44%0.24%0.79%
Net Income-88.08M-71.11M-257.69M-503.48M-934.14M-1.16B-940.61M
Depreciation & Amortization11.94M27.66M43.81M75.62M130.08M208.14M226.44M
Stock-Based Compensation36.31M17.63M79.16M341.94M589.5M867.97M1.02B
Deferred Taxes0000000
Other Non-Cash Items3.62M497K3.03M44.69M70.72M34.19M39.73M
Working Capital Changes137.24M124.5M656.04M700.34M513.13M506.82M480.97M
Change in Receivables-5.3M-40.09M-156.87M-61.04M-72.48M-126.17M-110.48M
Change in Inventory0000000
Change in Payables1.28M-113K4.49M23.37M10.3M-3.48M-7.53M
Cash from Investing+-83.15M-84.33M-97.03M-146.82M-441.05M-2.83B-852.07M
Capital Expenditures-65.56M-83.26M-104.15M-93.27M-426.16M-320.67M-179.65M
CapEx % of Revenue0.2%0.16%0.11%0.05%0.19%0.11%0.05%
Acquisitions-------
Investments-------
Other Investing-508K-1.47M-8.97M-7.86M-1.5M-13.5M-1.37M
Cash from Financing+151.78M53.11M164.97M1.6B43.64M67.18M65.89M
Debt Issued (Net)-------
Equity Issued (Net)-------
Dividends Paid0000000
Share Repurchases-------
Other Financing050M0-2.34M-2.11M-750K-4.45M
Net Change in Cash-------
Free Cash Flow+34.97M14.46M411.22M557.98M-58.37M124.01M642.67M
FCF Margin %0.11%0.03%0.45%0.29%-0.03%0.04%0.18%
FCF Growth %--0.59%27.45%0.36%-1.1%3.12%4.18%
FCF per Share0.220.030.771.10-0.100.200.99
FCF Conversion (FCF/Net Income)-1.15x-1.40x-2.07x-1.34x-0.40x-0.40x-0.88x
Interest Paid000038.97M38.75M38.75M
Taxes Paid0000953K3.15M1.14M

Key Ratios

Metric2018201920202021202220232024
Return on Equity (ROE)----272.73%-205.88%-616.57%-674.69%
Return on Invested Capital (ROIC)------5059.34%-64.96%
Gross Margin77.54%75.93%74.03%74.11%75.39%76.81%77.76%
Net Margin-27.1%-13.96%-27.41%-25.62%-41.54%-41.15%-25.97%
Debt / Equity---2.08x5.10x25.69x8.65x
Interest Coverage----70.75x-23.15x-30.93x-25.82x
FCF Conversion-1.15x-1.40x-2.07x-1.34x-0.40x-0.40x-0.88x
Revenue Growth-56.45%81.73%107.73%15.94%25.81%28.68%

Frequently Asked Questions

Growth & Financials

Roblox Corporation (RBLX) reported $4.46B in revenue for fiscal year 2024. This represents a 1274% increase from $325.0M in 2018.

Roblox Corporation (RBLX) grew revenue by 28.7% over the past year. This is strong growth.

Roblox Corporation (RBLX) reported a net loss of $968.6M for fiscal year 2024.

Dividend & Returns

Roblox Corporation (RBLX) has a return on equity (ROE) of -674.7%. Negative ROE indicates the company is unprofitable.

Roblox Corporation (RBLX) generated $1.29B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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