Roblox today posted its financial results for Q4 2024. The company report overall shows modest growth over the holiday season, but not anything that exceeded anyone’s predictions. It also posted its predictions for 2025, and its expectations are more modest than previously assumed. Its guidance shows that the company expects lower growth in the second half of the year than the first, which was apparently disappointing enough to cause its shares to drop.

According to the report, bookings and revenue were both up, at $1.36 billion and $988 million, respectively. Its consolidated net loss sits at $221.1 million. Some of the company’s results were favorable year-over-year, but not necessarily quarter-to-quarter. Roblox’s daily active users were 85.3 million in this quarter, up 19% year-over-year. However, the platform had 88.9 million in Q3 this year. Similarly, its hours engaged dropped from 20.7 billion to 18.7 billion quarter-over-quarter.

Michael Guthrie, Roblox CFO, noted in an earnings call that one of the reasons the user count was not as high as expected — according to Bloomberg, analysts had predicted over 88 million DAUs — was that the Eastern European audience was growing more slowly than expected as the platform is banned in Türkiye.

Roblox’s vision of the future

In its letter to the shareholders, Roblox outlined its plans for improvement in several key areas, including trust and safety, artificial intelligence and genre expansion. The areas overlap with each other, with several of the tools mentioned being powered by AI.

Roblox also delivered its guidance for the upcoming Q1 2025 quarter, as well as that fiscal year overall. In Q1, it expects revenue between $990 million and $1.01 billion and bookings between $1.12 billion and $1.15 billion. For the year overall, it expects revenue between $4.25 billion and $4.35 billion and bookings between $5.2 billion and $5.3 billion. According to a Reuters report, these are slightly below estimates, which sent Roblox share prices down as they were revealed.

Roblox CEO Dave Baszucki said in a statement, “Roblox had a strong 2024, driven by our commitment to innovation and community. We’re building a platform that goes beyond technology—it’s about fostering genuine connections. As we aim to support 10% of the global gaming content market, we’ll continue investing in our virtual economy, app performance, and AI-powered discovery and safety, empowering creators and enhancing the user experience.”