According to AppMagic, Roblox Corporation, operating as a single-game studio focused on its flagship title Roblox, has reached a milestone with user spending crossing the $7B mark for the lifetime. The game has seen a consistent increase in downloads, now tallying up to 995M installs, and has experienced a year-over-year growth of 13% in this metric.
However, Roblox Corporation has faced a revenue downturn since 2021, with a 13% YoY decrease in 2022. In 2023, the decline in revenue slowed, with a modest 2% drop reported in the first eight months of the year.
Please, note that AppMagic only tracks iAP-based revenue. No such sources as licensing agreements, ad revenue, royalties, etc. are included in the evaluation. Total revenue of Roblox, according to the company’s annual report, in 2022 was equal to $2.2B with 16% YoY growth.
Read the full report here