Roblox Corp (RBLX)
Vertical SaaSSaaS Metrics & Investor Data — Q2 2026
analyticsEditorial Financial Analysis
Financial Performance & Trajectory
Roblox Corporation has demonstrated accelerating top-line momentum, with trailing revenue reaching $4.92B in Q1 2026, up from $4.39B in Q3 2025. The YoY growth rate has improved markedly from 22.0% to 36.5% over this period, signaling a re-acceleration in the business. Gross margins remain best-in-class, consistently above 88%, reaching 91.7% in Q1 2026, though the Q3 2025 figure of 98.8% suggests some normal variability from platform fees or infrastructure costs. Cash generation is robust, with Free Cash Flow (FCF) margins stabilizing around 26–31%, indicating a highly capital-efficient model as the company scales past the $5B revenue run-rate threshold.
Operational & Go-to-Market (GTM) Efficiency
The Rule of 40 score has improved substantially, rising from 52.8 in Q3 2025 to 62.9 in Q1 2026, reflecting the combined strength of accelerating growth and healthy margins. This metric places Roblox in elite company among high-growth SaaS platforms, as the sum of growth and FCF margin now exceeds 60%. While NRR and CAC Payback data are not available from this dataset, the sustained improvement in the Rule of 40 suggests that reinvestments—particularly in R&D, developer tools, and AI-driven content creation—are yielding strong incremental returns. The platform’s network effects likely contribute to efficient user acquisition, though the lack of explicit retention metrics limits a full GTM analysis.
Market Valuation & Sentiment
At 7.0x EV/Revenue in Q1 2026, the multiple has compressed from 9.1x in Q3 2025, even as growth accelerated. This suggests the market is pricing in a more mature growth profile, yet the valuation remains reasonable relative to the Rule of 40 score of 62.9. Insider activity shows zero buys and net selling of $316.4K over the last 10 filings, a neutral signal that does not indicate insider distress but also lacks bullish conviction. Wall Street consensus is a Buy (19 Buys, 17 Holds, 1 Sell) with an average price target of $85.12, implying modest upside from current levels. The wide dispersion in targets reflects debate on the sustainability of growth acceleration versus the platform’s long-term moat in the metaverse and user-generated content space.
Disclaimer: The editorial financial analysis above is generated using data sourced from SEC EDGAR filings and Wall Street consensus ratings. This analysis is provided for informational and educational purposes only and does not constitute financial, investment, or professional advice. Readers should conduct their own research or consult with a registered financial advisor before making any investment decisions.
Roblox Corp (RBLX) is a Vertical SaaS SaaS company with a market cap of $30.9B as of Q2 2026. The company trades at 5.9x EV/Revenue and has delivered +48.6% revenue growth year-over-year. With a gross margin of 92% and FCF margin of 24.2%, Roblox Corp scores 73 on the Rule of 40 — placing it in the top quartile of public SaaS companies tracked by SaaSDB.
compare_arrowsSector Benchmarking
Latest company metrics compared to the Vertical SaaS sector medians
EV/Revenue is 5.9x (sector median: 5.2x) — trading at a premium of 0.7x relative to peers.
Rule of 40 is 72.8% (sector median: 32.8%) — outperforming peers by 40.0%.
Revenue Growth is 48.6% (sector median: 18.4%) — outperforming peers by 30.2%.
Gross Margin is 92.3% (sector median: 73.7%) — outperforming peers by 18.6%.
FCF Margin is 24.2% (sector median: 11.9%) — outperforming peers by 12.4%.
monitoringInvestor Metrics
From the makers of SaaSDB
Want a Full Research Brief on Roblox Corp?
BriefStock runs real DCF, FCF yield, and P/E calculations from SEC filings — with 8-section research briefs updated after every earnings call.
rocket_launchFounder & Operator Metrics
Not publicly disclosed by this company: Net Revenue Retention·Gross Retention·ARR·ARR Growth·CAC Payback
trending_upEfficiency & Investment Trends
biotechR&D Intensity Trend
R&D expense as % of revenue over time
RBLX's R&D spend represents a significant product investment relative to revenue, typical of early/expansion-stage SaaS.
insightsOperating Leverage Trend
Operating leverage ratio (margin expansion vs growth)
Growing efficiently. Operating income is expanding faster than revenue growth, indicating positive operating leverage.
Insider Trading Activity
90-Day Insider Sentiment: Bearish / Net Selling. Insiders executed 17 sell transactions (totaling $4.1M) with zero buys. Last activity on Sep 1, 2026.
Analyst Ratings
From the makers of SaaSDB
Go deeper with BriefStock
SaaSDB shows you the benchmarks. BriefStock shows you whether the stock is fairly valued — with automated earnings transcripts, insider signal analysis, and institutional 13-F tracking.