#Q2 earnings

Roblox Shares Plummet 70% as Player Numbers Decline and AI Investment Weighs on Earnings

Roblox Corporation saw its share price collapse by 70% following Q2 earnings that revealed a steady decline in daily active users from a peak of 152 million to 123 million. CFO Naveen Chopra attributed the shortfall to fewer viral hits and algorithm changes prioritising retention over monetisation, while also flagging heavy AI investment as a contributing factor to the weak results.