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Roblox Corp

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18
   10-K10-K10-K10-KS-1/A
Revenues  2,225.11,919.2923.9508.4325.0
            Revenue growth  15.9%107.7%81.7%56.4% 
Cost of goods sold  547.7496.9239.9122.4337.5
Gross profit  1,677.41,422.3684.0386.0-12.6
            Gross margin  75.4%74.1%74.0%75.9%-3.9%
Selling, general and administrative   [+]414.8389.4155.786.775.0
Research and development  873.5533.2201.4107.1 
Other operating expenses  1,312.9994.8593.0268.7 
EBITDA   [+]-793.7-419.5-222.3-48.8-75.6
            EBITDA margin  -35.7%-21.9%-24.1%-9.6%-23.3%
Depreciation  113.764.842.727.711.9
EBITA  -907.4-484.3-265.0-76.4-87.6
            EBITA margin  -40.8%-25.2%-28.7%-15.0%-26.9%
Amortization of intangibles  16.410.81.1  
EBIT   [+]-923.8-495.1-266.1-76.4-87.6
            EBIT margin  -41.5%-25.8%-28.8%-15.0%-26.9%
Interest income, net   [+]-1.1-6.91.86.5 
Other income (expense), net  -5.7-1.80.0-1.2-0.5
Pre-tax income  -930.6-503.8-264.3-71.1-88.1
Income taxes  3.6-0.3-6.70.00.0
            Tax rate   0.1%2.5%  
Minority interest  -9.8-11.8-4.4-0.1 
Net income  -924.4-491.7-253.3-71.0-0.1
            Net margin  -41.5%-25.6%-27.4%-14.0%0.0%
   
Basic EPS   [+]($1.55)($0.97)($1.39)($0.44)($0.60)
Diluted EPS   [+]($1.55)($0.97)($1.39)($0.44)($0.60)
   
Shares outstanding (basic)   [+]595.6505.9182.1163.10.1
Shares outstanding (diluted)   [+]595.6505.9182.1163.10.1
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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