Roblox released its financial results for the full year 2021, reporting a 108% increase in revenue to $1.9 billion.

Roblox will host a live Q&A session to answer questions regarding their fourth quarter and fiscal year 2021 results on Wednesday, February 16, 2022 at 5:30 a.m. Pacific Time.

Roblox on Friday announced it is building a generative AI model to allow creators to more easily build 3D objects and scenes.

Roblox Corporation (NYSE: RBLX), a global platform bringing millions of people together through shared experiences, released its first quarter 2021 fi ...

How does Roblox make money? Roblox uses a freemium model for its users. While games are free to play, users can only access more advanced features and customizations by paying for them.

The subscription model is likely to boost growth through a stream of recurring revenue.Roblox is also looking at brands with whom it can create marketing partnerships.

There were over 18 million games, called "experiences," on Roblox as of September 30. In 2017, Roblox said it would pay out $30 million to developers. That figure jumped to $328.74 million in 2020.