Roblox Boosts Annual Bookings Forecast Amid Record User Engagement

Developer payouts exceed $400 million in H1 2024 as mature content attracts older, higher-spending users.

Roblox's Q2 revenue reached $893.5 million, a 31% increase year-over-year.
The platform's daily active users hit a record 79.5 million, with users spending 17.4 billion hours in Q2.
Developer exchange fees grew 25.5% year-over-year, totaling $208.2 million in Q2.
The company now expects annual bookings between $4.18 billion and $4.23 billion.
Despite the positive forecast, shares fell 9% following CFO Michael Guthrie's resignation announcement.