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Technology · Electronic Gaming & Multimedia · United States · Updated Apr 28, 2:13pm
$56.51
Price
$40.4B
Market Cap
2,474
Employees
1.67
Beta
David Baszucki
CEO
Business Description
Roblox 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.
Business History
Price Overview
Last updated: Apr 29, 2026 6:20am (just now)$56.11
-1.41 (-2.45%)
Day Range
$55.93 – $58.89
52-Week Range
$51.23 – $150.59
50-Day MA
$59.84
200-Day MA
$95.56
Volume
6,437,431.00
Analyst Price Targets
Low
$74.00
Consensus
$110.40
High
$141.00
(101 analysts)
Share Structure
Outstanding
715,795,169.00
Float
635,291,188.00
Free Float
88.8%
High free float
— 88.8% of shares trade freely, ~11.2% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
-36.69
Stock Price: $56.51
EPS (Diluted): -1.54
EPS (Diluted): -1.54
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
141.65
Stock Price: $56.51
Total Equity: $394.48M
Shares: 689,612,000
Total Equity: $394.48M
Shares: 689,612,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
-50.61
Market Cap: $40.45B
Total Debt: $993.10M
Cash: $1.21B
EBITDA: -$802.18M
Total Debt: $993.10M
Cash: $1.21B
EBITDA: -$802.18M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$56.3B
Market Cap: $40.45B
Total Debt: $993.10M
Cash: $1.21B
Total Debt: $993.10M
Cash: $1.21B
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
78.1%
Gross Profit: $3.82B
Revenue: $4.89B
Revenue: $4.89B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
-25.2%
Operating Income: -$1.23B
Revenue: $4.89B
Revenue: $4.89B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
-21.8%
Net Income: -$1.07B
Revenue: $4.89B
Revenue: $4.89B
ROE (Profit from shareholder equity)
APINet Income / Total Equity
-290.6%
Net Income: -$1.07B
Total Equity: $394.48M
Total Equity: $394.48M
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
-27.8%
Operating Income: -$1.23B
Tax Rate: -0.3%
Equity: $394.48M
Total Debt: $993.10M
Cash: $1.21B
Tax Rate: -0.3%
Equity: $394.48M
Total Debt: $993.10M
Cash: $1.21B
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
0.96
Current Assets: $4.90B
Current Liabilities: $5.13B
Current Liabilities: $5.13B
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
2.52
Short-Term Debt: $0.00
Long-Term Debt: $993.10M
Total Debt: $993.10M
Total Equity: $394.48M
Long-Term Debt: $993.10M
Total Debt: $993.10M
Total Equity: $394.48M
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$7.09
Revenue: $4.89B
Shares: 689,612,000
Shares: 689,612,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$0.57
Total Equity: $394.48M
Shares: 689,612,000
Shares: 689,612,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$1.96
Operating CF: $1.80B
CapEx: -$443.48M
Shares: 689,612,000
CapEx: -$443.48M
Shares: 689,612,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $56.51
Stock Price: $56.51
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: -$1.07B
Net Income: -$1.07B
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares RBLX against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Last run: Apr 14, 2026 2:47:31 pm
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
Not applicable for Pre Profit Growth companies
4b
Earnings Power Value
— Floor value — worth with zero growth
Not applicable for Pre Profit Growth companies
4c
Anchored PE
— Industry PE adjusted for growth differential
Not applicable for Pre Profit Growth companies
4d
Reverse DCF
— What growth is the market pricing in?
Not applicable for Pre Profit Growth companies
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
Not applicable for Pre Profit Growth companies
4i
Book Value Analysis
— For deep value / turnaround stocks only
Not applicable for Pre Profit Growth companies
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
Run dcf-valuation first
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $1.9B | $2.2B | $2.8B | $3.6B | $4.9B |
| Cost of Revenue | $496.9M | $547.7M | $649.1M | $801.2M | $1.1B |
| Gross Profit | $1.4B | $1.7B | $2.2B | $2.8B | $3.8B |
| Operating Expenses | $1.9B | $2.6B | $3.4B | $3.9B | $5.1B |
| Operating Income | -$495.1M | -$923.8M | -$1.3B | -$1.1B | -$1.2B |
| Net Income | -$491.7M | -$924.4M | -$1.2B | -$935.4M | -$1.1B |
| EBITDA | -$421.4M | -$761.9M | -$911.0M | -$670.3M | -$802.2M |
| EPS | $-0.97 | $-1.55 | $-1.87 | $-1.44 | $-1.54 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $3.0B | $3.0B | $678.5M | $711.7M | $1.2B |
| Total Current Assets | $3.7B | $3.8B | $3.3B | $3.7B | $4.9B |
| Total Assets | $4.6B | $5.4B | $6.2B | $7.2B | $9.6B |
| Current Liabilities | $2.2B | $2.5B | $3.1B | $3.7B | $5.1B |
| Long-Term Debt | $987.7M | $989.0M | $1.0B | $1.0B | $993.1M |
| Total Liabilities | $4.0B | $5.1B | $6.1B | $7.0B | $9.2B |
| Total Equity | $584.8M | $306.0M | $76.3M | $221.4M | $394.5M |
| Retained Earnings | -$983.9M | -$1.9B | -$3.1B | -$4.0B | -$5.1B |
Cash Flow (Annual)
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $659.1M | $369.3M | $458.2M | $822.3M | $1.8B |
| Capital Expenditure | -$101.1M | -$427.7M | -$334.2M | -$179.6M | -$443.5M |
| Free Cash Flow | $558.0M | -$58.4M | $124.0M | $642.7M | $1.4B |
| Acquisitions (net) | -$45.7M | -$13.4M | -$3.9M | -$2.8M | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $2.1B | -$26.8M | -$2.3B | $33.2M | $493.6M |
Analyst Estimates (Annual)
| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$10.2B $9.9B – $10.4B
|
$11.6B $11.4B – $11.9B
|
$14.6B $13.6B – $15.2B
|
$16.2B $15.1B – $16.8B
|
| EBITDA |
-$2.5B -$2.6B – -$2.5B
|
-$2.9B -$2.9B – -$2.8B
|
-$3.6B -$3.8B – -$3.4B
|
-$4.0B -$4.2B – -$3.7B
|
| Net Income |
-$958.7M -$1.4B – $302.5M
|
-$268.5M -$2.5B – $2.6B
|
-$220.7M -$231.8M – -$200.7M
|
$200.0M $181.9M – $210.1M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +15.9% | +25.8% | +28.7% | +35.8% |
| Gross Profit Growth | +17.9% | +28.2% | +30.3% | +36.3% |
| Operating Income Growth | -86.6% | -36.3% | +15.5% | -15.9% |
| Net Income Growth | -88.0% | -24.6% | +18.8% | -13.9% |
| EBITDA Growth | -80.8% | -19.6% | +26.4% | -19.7% |
Insider Trading (Recent)
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-04-17 | Rawlings Amy Marie | A-Award | 5,228.00 | $0.00 | $0 |
| 2026-04-13 | Kaufman Matthew D | S-Sale | 13,225.00 | $57.94 | $766,257 |
| 2026-04-13 | Kaufman Matthew D | S-Sale | 100.00 | $58.45 | $5,845 |
| 2026-04-13 | Reinstra Mark | S-Sale | 18,553.00 | $57.94 | $1.1M |
| 2026-04-13 | Reinstra Mark | S-Sale | 100.00 | $58.47 | $5,847 |
| 2026-04-02 | Baszucki David | C-Conversion | 2,687,511.00 | $0.00 | $0 |
| 2026-04-02 | Baszucki David | C-Conversion | 2,687,511.00 | $0.00 | $0 |
| 2026-04-01 | Baszucki Gregory | S-Sale | 4,923.00 | $57.70 | $284,068 |
| 2026-04-01 | Baszucki Gregory | S-Sale | 3,410.00 | $58.31 | $198,852 |
| 2026-04-01 | Baszucki Gregory | S-Sale | 4,924.00 | $57.70 | $284,126 |
| 2026-04-01 | Baszucki Gregory | S-Sale | 3,409.00 | $58.31 | $198,794 |
| 2026-03-19 | BUCKLEY SEAN JACK | 0.00 | $0.00 | $0 | |
| 2026-03-19 | BUCKLEY SEAN JACK | 50,286.00 | $0.00 | $0 | |
| 2026-03-19 | Durkin Dennis M | A-Award | 796.00 | $0.00 | $0 |
| 2026-03-19 | Durkin Dennis M | A-Award | 2,728.00 | $0.00 | $0 |
| 2026-03-19 | Durkin Dennis M | 0.00 | $0.00 | $0 | |
| 2026-02-27 | Baszucki Gregory | S-Sale | 5,781.00 | $68.62 | $396,684 |
| 2026-02-27 | Baszucki Gregory | S-Sale | 2,002.00 | $69.60 | $139,344 |
| 2026-02-27 | Baszucki Gregory | S-Sale | 550.00 | $70.52 | $38,788 |
| 2026-02-27 | Baszucki Gregory | S-Sale | 5,781.00 | $68.62 | $396,684 |
Roblox is not a traditional growth company driven primarily by revenue expansion — it is a monetization evolution story where ARPU expansion and margin structure, not user growth alone, determine intrinsic value.
Roblox appears slightly undervalued at current levels, but only under a realistic scenario where revenue growth moderates and monetization improves steadily rather than dramatically. The current valuation already prices in meaningful success in user ...
Slight Upside
Fair Value: $62.00
Moderate confidence
My Notes
personal — only you see this
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.160 · 51706a6 · 2026-04-27 18:34:15