Below is Dolphin Research's Trans of the $Roblox(RBLX.US) FY26Q2 earnings call. I. Core highlights recap — 1) Shareholder returns: following last quarter's print, the company announced a share buyback program. Designed primarily to offset dilution from employee equity grants, it auto-adjusts — buying more when the stock is down and fewer shares when it is up; management also retains the ability to accelerate or add to the authorization and will continue to evaluate...

Below is Dolphin Research's summary of the $Roblox(RBLX.US) 1Q26 earnings call; for our earnings take, see 'Roblox: Regulation Hit at the End of the Product Cycle, Disrupting Growth Cadence'. I. Key takeaways — 1) Guidance was cut materially, with full-year revenue growth lowered from ~26% to 20%–25% and full-year bookings to 8%–12%. Management expects DAU to decline QoQ in Q2, with QoQ growth resuming in Q3...

Hi all, this is Dolphin Research. $Roblox(RBLX.US) Q1 was a bomb, with the biggest issue being a sharp cut to growth guidance.

Below is Dolphin Research's Trans on $Roblox(RBLX.US) Q4 2025 earnings call. Title: 'Software Slump? RBLX: Closed-Loop Ecosystem; Genie Won't Disrupt It'.

Hello everyone, this is Dolphin! $Robles (RBLX.US) released its Q4 2025 fiscal year results before the US stock market opened on February 5th, Eastern Time.

Last Fri., three gaming-linked names covered by Dolphin Research — $Unity Software(U.US), $AppLovin(APP.US) and $Roblox(RBLX.US) — sold off sharply. The selloff was widely tied to Google's newly unveiled 'Genie', a generative world model seen as disruptive for gaming.

Dolphin Research does not deny that Genie could reshape gaming as it iterates through successive upgrades. But at this stage, on both gameplay and economics, it is still a long way from truly disruptive...

The following are the minutes of the FY25Q3 earnings call for $Roblox(RBLX.US) organized by Dolphin Research. For an interpretation of the earnings report, please refer to "Roblox: Record-breaking Ecosystem Prosperity, Why is the Market Not Buying It?" 1. Review of Core Financial Information a. Analysis of Ecosystem Health: a. Diversification of Content Ecosystem ("Long Tail Effect" is significant): The user engagement growth rate for games outside the top ten (long-tail content) accelerated from 47% in Q2 to 58% in Q3. The consumption growth rate for this segment also remained above 40%...

Hello everyone, I am Dolphin Research! $Roblox(RBLX.US) released its Q3 FY2025 earnings report before the U.S. market opened on October 30th. The overall performance exceeded expectations across the board, but the market might be dissatisfied with the higher-than-expected loss in Q4 and the implied growth trend (slowing down too quickly) in the guidance. Dolphin Research believes that the underlying reason is essentially a fear of heights, with high valuations exacerbating concerns about the sustainability of subsequent high growth (especially considering the weakening user stickiness of the blockbuster game Grow a Garden in Q2), leading to the choice to cash in on the good news and exit. However, in the medium to long term...

The following is compiled by Dolphin Research, regarding the $Roblox(RBLX.US) Q2 2025 earnings call minutes. For earnings interpretation, please refer to "Roblox: Blockbuster Assist, Returning to Ecosystem Breakthrough." 1. Review of Core Financial Information: 2. Detailed Content of the Earnings Call 2.1, Executive Statements of Core Information: 1. Overview of Financial Data: (1) Key Performance: ◦ Revenue reached $1.1 billion, a year-on-year increase of 21%. ◦ Bookings reached $1.4 billion, a year-on-year increase of 51%, setting a historical record...

Hello everyone, I am Dolphin Research! $Roblox(RBLX.US) released its Q2 FY2025 earnings before the U.S. market opened on July 31st. Overall, the performance was robust, and despite significant upward revisions in market expectations prior to the earnings report, the core growth metrics exceeded optimistic forecasts. Roblox, already benefiting from favorable logic, soared with the help of an unexpected hit. Specifically, the core information is as follows: 1. Guidance met optimistic expectations: In the second quarter, Roblox's simulation game "Grow a Garden" became a sensation, once again invigorating the ecosystem...