Roblox Corp. (RBLX) intrinsic value & 10-year financials
Roblox Corp. (RBLX) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 8 fiscal years revenue grew 45.8% a year to $4.9B, with an average return on invested capital of 290.2%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $49.55
- Market cap
- $34.2B
- Revenue (FY2025)
- $4.9B
- Revenue growth (8-yr CAGR)
- 45.8%
- ROIC (10-yr avg)
- 290.2%
- Free cash flow (FY2025)
- $1.4B
RBLX 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $4.9B | -$1.1B | -$1.54 | $1.4B | -25.2% | -121.6% |
| FY2024 | $3.6B | -$935.4M | -$1.44 | $642.7M | -29.5% | -95.1% |
| FY2023 | $2.8B | -$1.2B | -$1.87 | $137.5M | -45.0% | 1817.6% |
| FY2022 | $2.2B | -$924.4M | -$1.55 | -$56.9M | -41.5% | 76.2% |
| FY2021 | $1.9B | -$491.7M | -$0.97 | $565.8M | -25.8% | 41.5% |
| FY2020 | $923.9M | -$253.3M | -$1.39 | $420.2M | -28.8% | 22.6% |
| FY2019 | $508.4M | -$71.0M | -$0.44 | $15.9M | -15.0% | — |
| FY2018 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Roblox Corp revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Roblox Corp has historically struggled to out-earn its cost of capital, averaging just -9.7% ROIC.
Roblox Corp capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Roblox Corp is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-51.15 per share.