Roblox (RBLX) Operating Margin (2020 - 2026)
Roblox's Operating Margin was -15.59% in Q2 2026, up 14.20 percentage points from -29.79% a year earlier and up 4.80 percentage points from the prior quarter.
Roblox (RBLX) Operating Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Roblox's Operating Margin was -20.72% through Jun 30, 2026, up 6.62 percentage points year-over-year; for FY2025, it came in at -25.20%, up 4.32 percentage points from FY2024.
- Operating Margin shows a five-year change of +3.61 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was -29.52% in FY2024 (+15.46 pp), -44.98% in FY2023 (-3.46 pp), -41.52% in FY2022 (-15.72 pp) and -25.80% in FY2021 (+3.01 pp).
- The Q2 2026 figure marks the highest quarterly Operating Margin since Q3 2021.
- Compared with a year earlier, Operating Margin was higher in six of the last eight quarters, with an average year-over-year change of +8.83 percentage points.
- The best year-over-year quarter for Operating Margin over five years was Q4 2024 (a gain of 22.66 percentage points); the worst was Q3 2022 (a drop of 42.74 percentage points).
- Per Business Quant data, RBLX's Operating Margin in the three quarters before Q2 2026 was -20.39% (Q1 2026), -25.35% (Q4 2025) and -21.81% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,039.11 Bn | 3,796.64 Bn | 73.85 Bn | 34.03% |
| 2 | Meta Platforms | 1,801.21 Bn | 1,503.73 Bn | 49.47 Bn | 30.88% |
| 3 | Netflix | 274.38 Bn | 234.58 Bn | 6.52 Bn | 33.38% |
| 4 | Alibaba Group Holding | 241.13 Bn | 54.91 Bn | 15.11 Bn | 5.64% |
| 5 | Shopify | 229.33 Bn | 206.52 Bn | 1.71 Bn | 13.62% |
| 6 | Uber Technologies | 139.35 Bn | 111.15 Bn | 6.38 Bn | 13.32% |
| 7 | Booking Holdings | 122.09 Bn | 55.14 Bn | - | 34.00% |
| 8 | PDD Holdings | 109.57 Bn | -134.21 Bn | 9.45 Bn | 24.71% |
| 9 | Spotify Technology | 107.95 Bn | 65.45 Bn | 1.86 Bn | 13.71% |
| 10 | Roblox | 37.82 Bn | 25.70 Bn | 1.18 Bn | -15.59% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -15.59% |
| Mar 31, 2026 | -20.39% |
| Dec 31, 2025 | -25.35% |
| Sep 30, 2025 | -21.81% |
| Jun 30, 2025 | -29.79% |
| Mar 31, 2025 | -24.64% |
| Dec 31, 2024 | -24.70% |
| Sep 30, 2024 | -30.35% |
| Jun 30, 2024 | -26.63% |
| Mar 31, 2024 | -37.73% |
| Dec 31, 2023 | -47.36% |
| Sep 30, 2023 | -42.07% |
| Jun 30, 2023 | -46.12% |
| Mar 31, 2023 | -44.23% |
| Dec 31, 2022 | -52.14% |
| Sep 30, 2022 | -57.95% |
| Jun 30, 2022 | -28.80% |
| Mar 31, 2022 | -28.23% |
| Dec 31, 2021 | -24.55% |
| Sep 30, 2021 | -15.21% |
Roblox Operating Margin 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-margin&ticker=RBLX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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-margin&ticker=RBLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();