Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Roblox Corp

RBLX · NYSE · Technology

Fundamental quality

REASONABLE

70

out of 100

Roblox Corp is in full growth mode but not yet profitable: revenue is growing strongly (39.5% a year), but it doesn't translate into earnings yet. On fundamental quality it scores 70 out of 100, profiling it as a company of reasonable quality. Its weakest area is its profitability (net margin -20.7%). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Roblox is a platform of games built by its own users, with tens of millions of daily players — many of them kids and teens. It earns revenue selling its virtual currency (Robux) and shares a cut with game creators.

What will shape its future

  • Its audience aging up: keeping users as they grow (and monetizing them better) is its big challenge.
  • The gap between bookings and accounting profit: it grows fast but creator payouts and infrastructure weigh.
  • Child safety and regulation, its permanent reputational risk.

Breakdown by area

I.Growth
95

Revenue growth: 39.5%

II.Profitability
19

Net margin: -20.7% · ROE: -253.7%

III.Financial health
95

Net debt/EBITDA: 0.17x · FCF: 28.8%

Source: SEC EDGAR · TTM through 31/03/2026

The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its profitability drags it down the most.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Strengths

  • Revenue growing strongly (39.5% annualized).
  • Excellent free-cash-flow generation (FCF margin of 28.8%): profit turns into real cash.
  • Revenue rising without interruption since 2020.
  • Low leverage (net debt of 0.17× EBITDA).

Risks and weaknesses

  • No profits over the last twelve months (negative EPS).
  • Losses over the last twelve months (net margin of -20.7%).

Historical evolution

YearRevenueNet incomeFree cash flowNet debt
2020924-253420-894
20211,919-492566-2,017
20222,225-924-57-1,988
20232,799-1,152138327
20243,602-935643295
20254,891-1,0651,355-212

Between 2020 and 2025, revenue went from $924M to $4,891M (+429%) and net income went from -$253M to -$1,065M (-321%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

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Is Roblox Corp cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

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Frequently asked questions

Is Roblox Corp a good company to invest in?

In terms of business quality, Roblox Corp scores 70 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Roblox Corp a profitable company?

Over the last twelve months, no: Roblox Corp posts a negative net margin (-20.7%).

Does Roblox Corp have a lot of debt?

Not particularly. Its net debt is 0.17 times its EBITDA, a low level.

Is Roblox Corp growing?

Its revenue has grown 39.5% annualized in recent years, and without interruption since 2020.

Does Roblox Corp generate cash?

Yes. It converts about 28.8% of its revenue into free cash flow.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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