Roblox Q2 bookings miss at low end of guidance, Q3 outlook signals 14-18% bookings decline

Filed July 30, 2026 · Period ending July 30, 2026 · ~2 min read

Key Changes

• high

  Q2 bookings grew only 8% YoY (low end of guidance) due to lower per-hour monetization, especially among younger U.S./Canada users shifting from high-monetizing viral games to lower-monetizing new/evergreen content; Q3 guidance projects 14-18% bookings decline YoY.

  Exhibit 99.1 view on EDGAR →
• high

  Q2 revenue up 36% YoY to $1.5B, operating cash flow up 60% to $318M, free cash flow up 66% to $294M; Q3 free cash flow guided to negative $60M to positive $5M due to monetization softness, fixed cost deleveraging, and AI infrastructure investments.

  Exhibit 99.1 view on EDGAR →
• medium

  DAUs reached 123M (up 10% YoY), hours engaged 29B (up 5% YoY); international markets strong (Japan DAUs up 67%, India up 64%) while U.S./Canada hours grew only 1% on tough comparisons.

  Exhibit 99.1 view on EDGAR →