‘Roblox’ Revenue Up 87% Year-Over-Year to $92 Million (Analyst)

Massively multiplayer online game “Roblox” grew 87% year-over-year to $92 million in the third fiscal quarter of 2018, according to market intelligence company Sensor Tower.

The game has posted annual revenue growth every quarter since Q3 2015, Sensor Tower said. “Thanks to a strong quarter and consistent growth, ‘Roblox’ has grossed an estimated $486 million to date on the App Store and Google Play,” it added.

“Roblox” ranked 28th for revenue out of all apps in the third fiscal quarter, just behind popular games like “Toon Blast” and “Homescapes,” Sensor Tower said.

Most of “Roblox’s” revenue reportedly comes from players in the U.S. (67%) and the U.K. (10%). The U.S. also makes up 35% of the game’s estimated 175 million downloads worldwide, Sensor Tower said, but Brazil is in the No. 2 spot. It contributed 9% of all downloads, while the U.K. contributed 6%.

“Roblox,” which launched in 2006, claims more than 60 million monthly active players and is especially popular among children. Roblox Corp. announced in March 2017 it’s now cash-flow positive after generating hundreds of millions in 2017 billings. It’s now reportedly valued at more than $2.5 billion following a round of investor funding in September 2018. It raised $150 million thanks to venture capital firms Greylock Partners and Tiger Global, along with existing investors like Altos Ventures, Index Ventures, and Meritech Capital Partners. That’s the largest funding raised to-date, the company said.

“Roblox” is also rolling out internationally, the company announced earlier this year. It’s available in Spanish right now, and support for other major languages is on the way.

Popular on Variety

More Gaming

  • Apple Arcade

    Apple Officially Launches Apple Arcade Game Subscription Service

    Apple officially cut the ribbon for its new game subscription service Thursday: Priced $4.99 per month, Apple Arcade offers unlimited access to over 100 exclusive games. Apple Arcade was released alongside iOS 13, the latest version of Apple’s mobile operating system. Some of the titles available through the subscription package include “Lego Brawls” from Lego [...]

  • Venn co-founders

    VENN Raises $17 Million to Launch a Cheddar-like TV Network for Gaming

    Video game industry veterans Ariel Horn and Ben Kusin have raised a massive $17 million seed funding round to launch a new gaming-focused TV network called VENN. Short for Video Game Entertainment and News Network, VENN wants to mix esports with Twitch-style video game streaming and other gaming-related entertainment content when it launches in 2020. [...]

  • JoJo Siwa'The Angry Birds Movie 2'

    Nickelodeon Star JoJo Siwa Gets Her Own Dance-Tour Mobile Game (EXCLUSIVE)

    Fans of JoJo Siwa will be able to join the teen influencer’s dance squad on stage — virtually — in a new mobile game. In “JoJo Siwa — Live to Dance,” players will become part of the Nickelodon and YouTube star’s worldwide tour on her professional dance team and experience what it’s like to be [...]

  • Game Awards OrchestraThe Game Awards, Show,

    The Game Awards 2019 Sets December Date, Will Live-Stream Across 45 Platforms

    The Game Awards 2019, the fifth annual video game industry kudosfest, will be held Dec. 12 in Los Angeles and will be live-streamed for free again on more than 45 different platforms worldwide. The Game Awards is an annual celebration of video games and the people who make them, created and executive produced by Geoff [...]

  • HTC Vive Cosmos

    HTC Replaces HTC Vive With New $699 Vive Comos VR Headset

    HTC is getting ready to retire the headset that was central to its expansion into the virtual reality market 3 years ago: The company announced on Thursday that its new Vive Comos headset will effectively replace the original HTC Vive, which was first released in April of 2016. “It was time to upgrade our consumer [...]

  • Sohu logo

    China's Sohu Seeks Games Consolidation With $500 Million Bid for Changyou

    Sohu, one of China’s Internet pioneers, is offering to buy out its games subsidiary Changyou in a deal that values Changyou at $532 million. Both companies currently have their shares listed on NASDAQ, but if the deal goes ahead Changyou would lose its separate stock listing. Sohu, which has interests covering search, digital advertising and [...]

More From Our Brands

Access exclusive content