Roblox (RBLX) Operating Expenses (2020 - 2026)
Roblox (RBLX) recorded Operating Expenses of $1.7 billion in Q2 2026, up 21.0% from $1.4 billion a year earlier but down 2.2% from the prior quarter.
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Analysis
Roblox (RBLX) Operating Expenses (2020 - 2026) Analysis & Trends
On a TTM basis, Roblox's Operating Expenses came in at $6.86 billion as of Jun 30, 2026, up 34.0% year-over-year; for FY2025, it was $6.12 billion, up 31.2% from FY2024.
- Annual Operating Expenses has increased for six straight years, with a five-year compound annual growth rate of 38.8% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $4.67 billion in FY2024 (+15.0%), $4.06 billion in FY2023 (+28.9%), $3.15 billion in FY2022 (+30.4%) and $2.41 billion in FY2021 (+102.9%).
- Quarterly Operating Expenses has ranged from $586.78 million in Q3 2021 to $1.77 billion in Q4 2025 over the past five years.
- On a year-over-year basis, Operating Expenses has increased for 22 consecutive quarters, with growth averaging 26.1% over the last eight quarters.
- Across the past five years, year-over-year growth in Operating Expenses ran from 11.5% in Q4 2024 to 93.4% in Q3 2021.
- Per Business Quant, the preceding three quarters came in at $1.74 billion (Q1 2026), $1.77 billion (Q4 2025) and $1.66 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,039.48 Bn | 3,797.00 Bn | 73.85 Bn | 79.03 Bn |
| 2 | Meta Platforms | 1,803.04 Bn | 1,505.56 Bn | 49.47 Bn | 42.03 Bn |
| 3 | Netflix | 274.55 Bn | 234.74 Bn | 6.52 Bn | 1.51 Bn |
| 4 | Alibaba Group Holding | 241.22 Bn | 55.00 Bn | 15.11 Bn | -5.17 Bn |
| 5 | Shopify | 230.34 Bn | 207.52 Bn | 1.71 Bn | 1.22 Bn |
| 6 | Uber Technologies | 139.40 Bn | 111.19 Bn | 6.38 Bn | 12.30 Bn |
| 7 | Booking Holdings | 121.87 Bn | 54.92 Bn | - | 4.85 Bn |
| 8 | PDD Holdings | 109.57 Bn | -134.21 Bn | 9.45 Bn | -5.39 Bn |
| 9 | Spotify Technology | 108.05 Bn | 65.55 Bn | 1.86 Bn | 640.46 Mn |
| 10 | Roblox | 37.85 Bn | 25.72 Bn | 1.18 Bn | 1.70 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.70 Bn |
| Mar 31, 2026 | 1.74 Bn |
| Dec 31, 2025 | 1.77 Bn |
| Sep 30, 2025 | 1.66 Bn |
| Jun 30, 2025 | 1.40 Bn |
| Mar 31, 2025 | 1.29 Bn |
| Dec 31, 2024 | 1.23 Bn |
| Sep 30, 2024 | 1.20 Bn |
| Jun 30, 2024 | 1.13 Bn |
| Mar 31, 2024 | 1.10 Bn |
| Dec 31, 2023 | 1.11 Bn |
| Sep 30, 2023 | 1.01 Bn |
| Jun 30, 2023 | 994.76 Mn |
| Mar 31, 2023 | 945.19 Mn |
| Dec 31, 2022 | 880.90 Mn |
| Sep 30, 2022 | 817.71 Mn |
| Jun 30, 2022 | 761.47 Mn |
| Mar 31, 2022 | 688.75 Mn |
| Dec 31, 2021 | 708.42 Mn |
| Sep 30, 2021 | 586.78 Mn |
API Access
Roblox Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=RBLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "RBLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=RBLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();