Roblox offers all the thrills that anyone can imagine in online games. Users can create whatever their minds can imagine, giving people a different outlook on the regular game experience. Roblox’s ability to work seamlessly with mobile devices brought it to the limelight, attracting more users as many find using gaming consoles too stressful.
Most of its games are user-generated, which explains the massive user base. The development of a virtual currency is just one of the many additions to Roblox. Since its launch in 2006, Roblox has recorded many wins and significantly increased its revenue year after year. Here, we will look at the Roblox journey and what the future holds for it. Let’s plunge in.
Key Statistics
General Statistics
1. Eric Cassel and David Baszucki Birthed Roblox As An Online Gaming Platform In 2004.
Two young men named Eric Cassel and David Baszucki launched Roblox for public use in 2004. In the beginning, it had just a few users. The company made a positive change when it introduced the use of mobile devices.
2. Roblox Pays Its Developers About 28.9 Cents For Every Dollar it Spends.
Many games on Roblox are user-created. In 2023, the amount spent on the app store was 22.3% of every dollar spent on the platform. Developers were paid an average of about 28.9 cents for each dollar spent, which shows that developers and creators received 24.5% of Roblox payouts.
3. Revenue of Roblox Corporation Rose to More Than $749.9 Million in the Last Quarter of 2023.
The Roblox corporation generated $749.9 million in revenue in the last quarter of 2023. A large portion of this revenue came from its virtual currency, Robux. This currency allows users to pay for items creators and developers sell.
4. There Are Currently 2.4 Million Developers on the Roblox Game Platform.
The number of developers on Roblox has gone up to 2.4 million at present. This feat was remarkable; it was barely 1.7 million as of 2017. You can earn an average annual paycheck of $109,905 as a Roblox developer. Its top earners receive up to $150,500 in a single year.
5. Creators and Developers on this Game Platform Made $701 Million At the Beginning of 2023.
Developers made more than they did in 2022 on the Roblox gaming platform. The first nine months of 2023 were a great year for the Roblox corporation. The platform ended the year with a whopping developer income of $701 million.
Roblox User Statistics
6. The Platform’s Monthly Users Rose to 300 Million As of 2023.
More users flock to the platform with each passing year. As of May 2023, the number of active monthly users on Roblox stood at 300 million. We will likely see more active monthly Roblox users in the coming years.
7. As of October 2023, Roblox Celebrated More Than 56 Million Daily Active Users.
Since its inception, it has witnessed a remarkable rise. As of October 2023, it had more than 56 million users, a significant increase from the 14 million users recorded in 2016.
8. Roblox’s Daily Active Users Rose to Over 71.5 Million At the Close of 2023.
The company in 2023 enjoyed a large turnout of daily users like never before. It ended with an active daily user base of over 71.5 million. The figures keep rising more than ever, with more active daily users.
9. It Had More Than 15.6 Million Active Users Across Canada and the United States in 2023.
The United States has a large number of active users. At the close of 2023, the daily active users in Canada and the United States alone reached 15.6 million. In the same year, the number of active users in Europe reached 20 million.
10. Roblox Had About 50 Million New Users During the Covid-19 Pandemic.
The pandemic brought in a massive number of new Roblox users. During the period, around 50 million people registered on the site.
11. Males Make up the Highest Number of Its User Base, At 53%.
Slightly over 50% of the game platform users are males. The feminine gender has a slice of 39%, while an 8% is yet to be identified.
Roblox Revenue
12. It Entered the Stock Market With a Unit Share of $64.50.
As a striving company formed in 2004, it entered the New York stock market in 2021. The company went public and started trading on the NY stock market with a price per share of $64.50. In 2021, it was valued at more than $59.7 billion, which was way beyond the market cap of its direct competitor (Epic Games).
13. It Recorded a Revenue of $749.9 Million in Q4 2023.
It recorded revenue of $749.9 million in Q4 2023 alone, a massive increase from the $59.7 million it had in Q1 2018.
14. Average Daily Bookings of Active Users Were $15.75 in the Last Quarter of 2023.
The average daily active user spent $15.75 on Roblox games, a significant increase from the previous quarter’s $11.96.
15. On Its First Day on the Trading Floor, It Closed Stocks With a Market Cap of $38.26 Billion.
Its effort to enter into the stock market paid off in March 2021. With a closing stock of $38.26 billion, Roblox was ahead of competitors like Ubisoft. So, it is a significant player in the Metaverse market.
16. Up to $568 Million Was Spent By Users on the Platform.
Never before had Roblox users spent so much money on the platform as they did in 2021. In 2021 alone, its users spent $568 million on its services, and its virtual currency had more bookings in the same year.
Interesting Roblox Statistics
17. Town RPG Brookhaven Was the Most Visited Game in 2023, With About 34.44 Billion.
Town RPG Brookhaven, with about 34.44 billion visits, was the most visited Roblox game in 2023. Adopt Me came second place with 33.71 billion trips. Other top charts include Tower of Hell, Blox Fruits, MeepCity, and Piggy.
18. It Has Over 40 Million Games For Kids, Teens, and Adults.
It has over 40 million games for users to explore. Many of these games are created with an experience badge, which makes the gaming experience much more exciting to its fans. Kids and teens alike on Roblox cannot get enough of all the thrills on these games. Over the years, this platform has caught the attention of many young people.
19. Consoles Are Slowly Disappearing on Roblox, with 80% of Users Accessing the Platform Using a Mobile Device.
We live in a fast-paced world where smartphones and Android devices are the order of the day. Roblox has recently caught up on this new technology trend, which has become clearer with the high rise in mobile device signups. As of 2023, up to 80% of users use a mobile device to access games, while just 2% of gamers use a console to access the Roblox platform.
20. In the Last Quarter of 2023, the Corporation Had More Than 15.5 Billion User Engagement Hours.
This gaming company had user engagements of over 15.5 billion hours in the last quarter of 2023, a fall from the previous quarter’s report of 16.04 billion hours.
Additional Roblox Statistics
21. Users Spend An Average of 156 Minutes Playing Games Daily.
How long can you spend on a platform with excellent game content? The average user will spend 156 minutes playing a game on Roblox. A wide array of over 40 million games keeps one glued to a site.
22. In 2020, Android Devices Made Up to 328 Million Roblox Installs Possible.
Mobile downloads comprised 75% of all mobile downloads on the platform and contributed to 328 million installations.
23. Persons Below 13 to 16 Years of Age Are the Smallest Share of Roblox Users.
Just 21% of the platform’s users are under nine years old. Those between 9 and 12 years old also have a 12% user share. Users between 13 and 16 years old have just a 16% share. Only 18% of its audience are 25 years and above.
24. The Global Revenue Generated By Roblox Rose to More Than $2.8 Billion At the Close of 2023.
Roblox’s revenue shot up in 2023 over the past year. It realized more than $2.8 billion in revenue, up from the previous year’s revenue of $2.2 billion. A large portion of Roblox’s income comes from its virtual currency. It allows users to buy virtual items from developers. Creators are not left out of the loop, as they make money through users’ purchases. This is more like a win-win situation for all parties.
Conclusion
Everyone loves a place where they can easily make some cool cash while doing what they love. As an innovative gaming platform, Roblox’s fun, excitement, and money-making ventures keep pulling the crowd in. Its virtual currency, Robox, is gaining more audience each year. Users can place their buying orders with creators and developers alike.
With widespread unique games, everyone is a winner on Roblox, creators can get paid, and developers get value for their skills. Little wonder Roblox is so popular among kids, teens, and amateur developers. Moreover, user-generated games sure get the fancy of young minds. Based on these statistics, we haven’t seen the end of Roblox yet, and its growth doesn’t look like it will slow down soon. Instead, the coming years will likely be a more exciting journey.
FAQs
The company went public in March 2021 after launching its IPO on the New York Stock Exchange. It closed its stock that same day with a per-share price of $69.50.
Roblox has over 40 million games, most of which are user-created. The platform allows creators to express themselves by creating exciting games.
The number of Roblox daily users keeps increasing every passing year. The pandemic brought in new users more than ever before. It had more than 71.5 million users at the close of 2023.
Roblox’s revenue was over $1.9 billion in 2021 alone. It increased to $2.2 billion the following year and then $2.8 billion at the close of 2023. A large portion of its revenue is from virtual currency sales.
Canada and the United States, with over 1.8 billion, produced the most significant volume of Roblox revenue in 2023. These markets comprised 64% of the total revenue realized in that period.
