Roblox forecasts Q4 bookings decline of 10% to 15%; shares fall after hours

Roblox Corp. reported third-quarter 2026 revenue of $1.572 billion on Thursday, up 16% from a year earlier, while bookings fell 12% to $1.697 billion, according to the company's shareholder letter.

Consolidated net loss was $230 million, compared with $258 million a year earlier, or a loss of $0.32 per share attributable to common stockholders. Adjusted EBITDA was $138 million.

Daily active users averaged 138 million, down 9% year over year, and hours engaged were nearly 34 billion, the company said. Operating cash flow was $395 million and free cash flow was $364 million.

Fourth-quarter outlook

For the fourth quarter, Roblox expects revenue of $1.470 billion to $1.580 billion, up 4% to 12%, and bookings of $1.890 billion to $2.000 billion, down 10% to 15% year over year. The company said the bookings outlook assumes a seasonal decline in daily active users from Q3 to Q4.

It also forecast a consolidated net loss of $363 million to $423 million and free cash flow of negative $190 million to negative $105 million, reflecting capital spending shifted from Q3 into Q4.

Stock reaction

Roblox shares fell about 17% to $43.55 in after-hours trading after closing the regular session at $52.46, Investing.com reported. Analysts had expected Q4 bookings of about $2.01 billion and higher daily active users, according to Investing.com.