Home Technology Roblox financial results show it raked in nearly $3 billion in 2023

Roblox financial results show it raked in nearly $3 billion in 2023

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Roblox financial results show it raked in nearly $3 billion in 2023

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Despite 2023 being the start of a period of mass game industry layoffs across the board, some companies do not seem to have done that badly out of it. The Roblox Corporation has just announced an increase in revenue of 26% from 2022, totaling some $2.8 billion.

Roblox started out in 2006 and these days positions itself as a virtual metaverse. It has seen major promotion events and hosted stars such as Nicki Minaj of late. European Champions Manchester City FC even launched its alternative playing strip in the game in 2022.

Roblox allows its players to create their own games within its universe, alongside buying and selling customizations for their avatars using the Robux in-game currency. Roblox says in these latest figures that it average “monthly unique payers” stands at 14.5 million in 2023, with each payer amounting to $81.05 in revenue, again on average.

The Roblox Corporation also unveiled its Q4 figures at the same time and revenue here was almost $750 million with bookings at $1.126 billion.

The game’s average daily user count for the period was an incredible 71.5 million players.

Projecting forward, Techraptor says Roblox is estimating around $3.4 billion in revenue this year, with bookings around $4.25 billion.

It is clear Roblox has transcended its original roots. Now available on PC, Xbox, and PlayStation, as well as mobile where it initially took off, its ability to draw in huge brands and offer them a space in its own “metaverse” is unique in the gaming space. 

Fortnite has dabbled with the occasional pop star and commercial tie-in, but Roblox, which was originally earmarked to be called Dynablocks has come a long way since those early demos back in 2004.

Paul McNally

Gaming Editor

Paul McNally has been around consoles and computers since his parents bought him a Mattel Intellivision in 1980. He has been a prominent games journalist since the 1990s, spending over a decade as editor of popular print-based video games and computer magazines, including a market-leading PlayStation title published by IDG Media.

Having spent time as Head of Communications at a professional sports club and working for high-profile charities such as the National Literacy Trust, he returned as Managing Editor in charge of large US-based technology websites in 2020.

Paul has written high-end gaming content for GamePro, Official Australian PlayStation Magazine, PlayStation Pro, Amiga Action, Mega Action, ST Action, GQ, Loaded, and the The Mirror. He has also hosted panels at retro-gaming conventions and can regularly be found guesting on gaming podcasts and Twitch shows. He is obsessed with 3D printing and has worked with several major brands in the past to create content

Believing that the reader deserves actually to enjoy what they are reading is a big part of Paul’s ethos when it comes to gaming journalism, elevating the sites he works on above the norm. Reach out on X.

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Harmony Evans is an award-winning author of Harlequin Kimani Romance, African-American romance, and so on. Harmony Evans is an award-winning author for Harlequin Kimani Romance, the leading publisher of African-American romance. Her 2nd novel, STEALING KISSES, will be released in November 2013. Harmony is a single mom to a beautiful, too-smart-for-her-own-good daughter, who makes her grateful for life daily. Her hobbies include cooking, baking, knitting, reading, and of course, napping and also review some of the best-selling and popular brands and services in the market and also write comprehensive blogs.

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