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Roblox (RBLX) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Feb 11, 2026

Roblox (RBLX) reported revenue of $1.4B for the fourth quarter 2025 (Q4 2025), +43% from a year earlier and +4% from the quarter before. Operating margin was -25.4%, net loss $318M (22.5% of revenue).

Revenue$1.4B
Year over year+43%
Quarter over quarter+4%
Operating margin-25.4%
Net earnings−$318M

Roblox, Q4 2025: revenue $1.4B (+43% year over year), operating margin -25.4%, net loss $318M, operating cash flow $607M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$1.4B+4%+43%
Operating profit−$359M——
Net earnings−$318M——
Operating cash flow$607M+11%+229%
Free cash flow$309M-30%+156%

What changed

Revenue was $1.4B in Q4 2025, up 43% year over year and up 4% from the previous quarter.

Operating costs exceeded revenue by $0.36B, an operating margin of -25.4%. Total costs grew 44% against revenue growth of 43%. The fastest-growing cost line was Other operating costs (+60%). The quarter ended with a net loss of $0.32B, wider than the previous quarter's $0.26B loss. Minority interests bore $1.6M of it: to shareholders the quarter was a loss of $0.32B.

Operating cash flow was $0.61B (up 229% year over year). Non-cash charges added back $0.06B of depreciation and amortization and $0.30B of share-based compensation. Working capital and other items added $0.56B. Capital expenditures of $0.30B left free cash flow of $0.31B.

Questions

What was Roblox's revenue in the fourth quarter 2025?

Roblox (RBLX) reported revenue of $1.4B for the fourth quarter 2025 (Q4 2025), +43% from a year earlier and +4% from the quarter before.

Was Roblox profitable in the fourth quarter 2025?

Operating loss was $359M (-25.4% of revenue) and net loss $318M.

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Source: Roblox 10-K on SEC EDGAR.