Roblox Corporation reported its second-quarter 2025 earnings with revenue reaching $1.08 billion, marking a 21% increase year-over-year, slightly below the estimated $1.11 billion. Bookings for the quarter surged 51% year-over-year to $1.44 billion, surpassing the consensus estimate of $1.23 billion. Daily active users (DAUs) rose 41% year-over-year to 111.8 million, exceeding expectations of approximately 111 million. Despite these gains, the company posted a GAAP net loss per share of $0.41, missing the estimate of a $0.37 loss. For the third quarter, Roblox forecasted bookings between $1.59 billion and $1.64 billion, well above the $1.34 billion consensus, with a projected consolidated net loss ranging from $366 million to $396 million. The full-year 2025 bookings guidance was raised to between $5.87 billion and $5.97 billion, beating the previous estimate of $5.36 billion, while the consolidated net loss is expected to be between $1.20 billion and $1.26 billion. The company also anticipates net cash flow from operations of $1.34 billion to $1.40 billion and free cash flow between $1.03 billion and $1.09 billion. Roblox's stock responded positively, rising over 15% in pre-market trading following the earnings release. Analysts have raised price targets, reflecting confidence in Roblox's growth potential despite the net losses. The company noted the resignation of its Chief Product Officer but highlighted strong user engagement, driven in part by the popular game "Grow a Garden."