ROBLOX CORP, 10-Q filed on 4/30/2026
Quarterly Report
v3.26.1
Cover Page - shares
 3 Months Ended
Mar. 31, 2026
Apr. 15, 2026
Document Information [Line Items]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Mar. 31, 2026  
Document Transition Report false  
Entity File Number 001-39763  
Entity Registrant Name Roblox Corporation  
Entity Incorporation, State or Country Code NV  
Entity Tax Identification Number 20-0991664  
Entity Address, Address Line One 3150 South Delaware Street  
Entity Address, City or Town San Mateo  
Entity Address, State or Province CA  
Entity Address, Postal Zip Code 94403  
City Area Code 888  
Local Phone Number 858-2569  
Title of 12(b) Security Class A Common Stock, $0.0001 par value  
Trading Symbol RBLX  
Security Exchange Name NYSE  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Amendment Flag false  
Document Fiscal Year Focus 2026  
Document Fiscal Period Focus Q1  
Current Fiscal Year End Date --12-31  
Entity Central Index Key 0001315098  
Common Class A    
Document Information [Line Items]    
Entity Common Stock, Shares Outstanding   671,595,792
Common Class B    
Document Information [Line Items]    
Entity Common Stock, Shares Outstanding   44,382,953
v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 1,188 $ 1,205
Short-term investments 2,011 1,850
Accounts receivable—net of allowances 538 901
Prepaid expenses and other current assets 138 109
Deferred cost of revenue, current portion 867 833
Total current assets 4,742 4,898
Long-term investments 2,966 2,493
Property and equipment—net 849 885
Operating lease right-of-use assets 639 651
Deferred cost of revenue, long-term 446 448
Intangible assets, net 17 18
Goodwill 142 143
Other assets 26 21
Total assets 9,827 9,557
Current liabilities:    
Accounts payable 24 65
Accrued expenses and other current liabilities 435 396
Developer exchange liability 424 496
Deferred revenue—current portion 4,425 4,169
Total current liabilities 5,308 5,126
Deferred revenue—net of current portion 2,380 2,337
Operating lease liabilities 625 643
Long-term debt, net 1,008 993
Other long-term liabilities 95 83
Total liabilities 9,416 9,182
Commitments and contingencies (Note 8)
Stockholders’ equity    
Common stock, value issued [1] 0 0
Additional paid-in capital 5,744 5,438
Accumulated other comprehensive income/(loss) (5) 17
Accumulated deficit (5,307) (5,061)
Total Roblox Corporation stockholders’ equity 432 394
Noncontrolling interest (21) (19)
Total stockholders’ equity 411 375
Total liabilities and stockholders’ equity $ 9,827 $ 9,557
[1] Amounts round to zero.
v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares
shares in Thousands
Mar. 31, 2026
Dec. 31, 2025
Common stock, par value (in dollars per share) $ 0.0001 $ 0.0001
Common stock, authorized (in shares) 5,000,000 5,000,000
Common stock, issued (in shares) 715,795 708,359
Common stock, outstanding (in shares) 715,795 708,359
Common Class A    
Common stock, authorized (in shares) 4,935,000 4,935,000
Common stock, issued (in shares) 668,725 661,289
Common stock, outstanding (in shares) 668,725 661,289
Common Class B    
Common stock, authorized (in shares) 65,000 65,000
Common stock, issued (in shares) 47,070 47,070
Common stock, outstanding (in shares) 47,070 47,070
v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income Statement [Abstract]    
Revenue $ 1,442 $ 1,035
Costs and expenses:    
Cost of revenue [1] 294 225
Developer exchange fees 423 282
Infrastructure and trust & safety 324 242
Research and development 422 374
General and administrative 209 119
Sales and marketing 64 48
Total costs and expenses 1,736 1,290
Loss from operations (294) (255)
Interest income 55 46
Interest expense (10) (10)
Other income/(expense), net 2 4
Loss before income taxes (247) (215)
Provision for/(benefit from) income taxes 1 1
Consolidated net loss (248) (216)
Net loss attributable to noncontrolling interest (2) (1)
Net loss attributable to common stockholders $ (246) $ (215)
Net loss per share attributable to common stockholders, basic (in dollars per share) $ (0.35) $ (0.32)
Net loss per share attributable to common stockholders, diluted (in dollars per share) $ (0.35) $ (0.32)
Weighted-average shares used in computing net loss per share attributable to common stockholders—basic (in shares) 711,697 671,657
Weighted-average shares used in computing net loss per share attributable to common stockholders—diluted (in shares) 711,697 671,657
[1] Depreciation of servers and infrastructure equipment included in infrastructure and trust & safety.
v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Statement of Comprehensive Income [Abstract]    
Consolidated net loss $ (248) $ (216)
Other comprehensive income/(loss), net of tax:    
Foreign currency translation adjustments (1) 2
Net change in unrealized gains/(losses) on available-for-sale marketable securities (21) 7
Other comprehensive income/(loss), net of tax (22) 9
Total comprehensive loss, including noncontrolling interest (270) (207)
Less: net loss attributable to noncontrolling interest (2) (1)
Other comprehensive loss attributable to noncontrolling interest, net of tax (2) (1)
Total comprehensive loss attributable to common stockholders $ (268) $ (206)
v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
shares in Thousands, $ in Millions
Total
Class A and Class B Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income/(Loss)
Accumulated Deficit
Non- Controlling Interest
Balances beginning (in shares) at Dec. 31, 2024   666,419        
Balance beginning at Dec. 31, 2024 $ 209 $ 0 [1] $ 4,221 $ (4) $ (3,995) $ (13)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock upon exercise of stock options (in shares)   4,631        
Issuance of common stock upon exercise of stock options 12   12      
Issuance of common stock under Employee Stock Purchase Plan (in shares)   1,011        
Issuance of common stock under Employee Stock Purchase Plan 24   24      
Vesting of restricted stock units and performance stock units (in shares)   5,689        
Vesting of restricted stock units and performance stock units 0          
Stock-based compensation expense 259   259      
Other comprehensive income/(loss) 9     9    
Net loss (216)       (215) (1)
Balance ending (in shares) at Mar. 31, 2025   677,750        
Balance ending at Mar. 31, 2025 $ 297 $ 0 [1] 4,516 5 (4,210) (14)
Balances beginning (in shares) at Dec. 31, 2025 708,359 708,359        
Balance beginning at Dec. 31, 2025 $ 375 $ 0 [1] 5,438 17 (5,061) (19)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock upon exercise of stock options (in shares) 894 894        
Issuance of common stock upon exercise of stock options $ 4   4      
Issuance of common stock under Employee Stock Purchase Plan (in shares)   524        
Issuance of common stock under Employee Stock Purchase Plan 27   27      
Vesting of restricted stock units and performance stock units (in shares)   6,018        
Vesting of restricted stock units and performance stock units 0          
Stock-based compensation expense 275   275      
Other comprehensive income/(loss) (22)     (22)    
Net loss $ (248)       (246) (2)
Balance ending (in shares) at Mar. 31, 2026 715,795          
Balance ending at Mar. 31, 2026 $ 411 $ 0 [1] $ 5,744 $ (5) $ (5,307) $ (21)
[1] Amounts in this column round to zero.
v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Consolidated net loss $ (248) $ (216)
Adjustments to reconcile consolidated net loss to net cash and cash equivalents provided by operating activities:    
Depreciation and amortization expense 61 54
Stock-based compensation expense 275 259
Operating lease non-cash expense 32 30
Accretion on marketable securities, net (12) (19)
Other adjustments (8) 0
Changes in operating assets and liabilities, net of effect of acquisitions:    
Accounts receivable 366 210
Prepaid expenses and other current assets (27) (12)
Deferred cost of revenue (32) (30)
Other assets (5) (5)
Accounts payable (34) 18
Accrued expenses and other current liabilities 53 (5)
Developer exchange liability (72) 7
Deferred revenue 302 175
Operating lease liabilities (35) (25)
Other long-term liabilities 13 3
Net cash and cash equivalents provided by operating activities 629 444
Cash flows from investing activities:    
Acquisition of property and equipment (33) (17)
Purchases of investments (2,017) (1,170)
Maturities of investments 1,080 1,000
Sales of investments 293 152
Other investing activities 2 0
Net cash and cash equivalents used in investing activities (675) (35)
Cash flows from financing activities:    
Proceeds from issuance of common stock 31 37
Net cash and cash equivalents provided by financing activities 31 37
Effect of exchange rate changes on cash and cash equivalents (2) 1
Net increase/(decrease) in cash and cash equivalents (17) 447
Cash and cash equivalents    
Beginning of period 1,205 712
End of period 1,188 1,159
Supplemental disclosure of noncash investing and financing activities:    
Property and equipment additions in accounts payable, accrued expenses and other current liabilities, and other long-term liabilities $ 6 $ 15
v3.26.1
Organization and Description of Business
 3 Months Ended
Mar. 31, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Organization and Description of Business
1. Organization and Description of Business
Roblox Corporation (the “Company” or “Roblox”) was originally incorporated in the state of Delaware in March 2004, and was reincorporated in Nevada in May 2025.
The Company operates an immersive gaming and creation platform (the “Roblox Platform” or “Platform”) that offers people millions of ways to be together, inviting its community to explore, create, and share endless unique games. Users are free to immerse themselves in games on the Roblox Platform and can acquire game-specific enhancements or avatar items by using purchased Robux, the Company’s virtual currency. Any user can be a creator on the Platform using Roblox Studio, a free software toolset. Creators build the games that are published on Roblox Client and can earn Robux by monetizing their developed games, IP licensing, creating and selling avatar items, or creating and selling Roblox Studio plugins.
v3.26.1
Basis of Presentation and Summary of Significant Accounting Policies
 3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
Basis of Presentation and Summary of Significant Accounting Policies
2. Basis of Presentation and Summary of Significant Accounting Policies
Fiscal Year
The Company’s fiscal year ends on December 31.
Basis of Presentation
The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“U.S. GAAP”), and applicable rules and regulations of the Securities and Exchange Commission (“SEC”), regarding interim financial reporting. Accordingly, they do not include all disclosures normally required in annual consolidated financial statements prepared in accordance with U.S. GAAP. Therefore, these unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 filed with the SEC (the “2025 Annual Report”).
In the Company’s opinion, the information contained herein reflects all adjustments necessary for a fair presentation of the Company’s results of operations, financial position, cash flows, and stockholders’ equity. All such adjustments are of a normal, recurring nature. The results of operations for the three months ended March 31, 2026 shown in this report are not necessarily indicative of the results to be expected for the full year ending December 31, 2026 or any other interim period.
For a discussion of the Company’s significant accounting policies, refer to the significant accounting policies as described in the Company’s consolidated financial statements and related notes included in the 2025 Annual Report.
In this Quarterly Report on Form 10-Q, the Company changed its financial statement presentation to round dollars from thousands to millions and, as a result, any necessary rounding adjustments have been made to prior period disclosed amounts. Additionally, certain columns and rows within the financial statements and tables may not be presented due to rounding to zero. Lastly, percentages presented may not add to their respective totals due to rounding.
Principles of Consolidation
The condensed consolidated financial statements include the accounts of the Company and subsidiaries over which the Company has control. All intercompany transactions and balances have been eliminated. The condensed consolidated financial statements include 100% of the accounts of wholly owned and majority owned subsidiaries, and the ownership interest of minority investors is recorded as noncontrolling interest.
Use of Estimates
The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Significant estimates and assumptions reflected in the condensed consolidated financial statements include, but are not limited to, the estimated period of time the virtual items are available to the user, which is estimated as the average lifetime of a paying user, and the estimated amount of consumable and durable virtual items purchased for which the Company lacks specific information that is used for revenue recognition, the estimated amount of expected breakage related to prepaid card sales, useful lives of property and equipment and intangible assets, fair value of assets and liabilities acquired through acquisitions, accrued liabilities (including accrued developer exchange fees), contingent liabilities, valuation of deferred tax assets and liabilities, stock-based compensation expense, the discount rate used in measuring operating lease liabilities, the carrying value of operating lease right-of-use assets, evaluation of recoverability of goodwill, intangible assets, and long-lived assets, and as necessary, estimates of fair value to measure impairment losses. Management believes that the estimates, and judgments upon which they rely, are reasonable based upon information available to them at the time that these estimates and judgments are made. Actual results could differ from those estimates and any such differences may be material to the condensed consolidated financial statements. To the extent that there are material differences between these estimates and actual results, the Company’s condensed consolidated financial statements will be affected.
Accounting Pronouncements Not Yet Adopted
In November 2024, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2024-03, “Income Statement: Reporting Comprehensive Income-Expense Disaggregation Disclosures,” which requires disclosure of certain costs and expenses in the notes of financial statements, including, amongst others, the amount of employee compensation expense and depreciation and amortization expense within each caption presented on the face of the income statement within continuing operations. Further, the disclosures require a qualitative description of the remaining cost and expense amounts within each relevant expense caption that are not separately disaggregated, as well as a description and the total amount of selling expenses. The ASU is effective for financial statements issued for annual periods beginning after December 15, 2026 and interim periods within fiscal years beginning after December 15, 2027. The ASU can be early adopted and should be applied either prospectively or retrospectively. The Company is currently evaluating the impact related to this ASU.
In September 2025, the FASB issued ASU 2025-06, “Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software,” which modernizes the recognition and disclosure framework for internal-use software costs, removing the previous “development stage” model and introduces a more judgment-based approach. The ASU is effective for financial statements issued for annual periods beginning after December 15, 2027 and interim periods within those fiscal years. The ASU can be early adopted and should be applied using either the prospective, modified, or retrospective transition approach. The Company is currently evaluating the impact related to this ASU.
v3.26.1
Revenue from Contracts with Customers
 3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers
3. Revenue from Contracts with Customers
The following table summarizes revenue by region based on the billing country of users (in millions, except percentages):
 
Three Months Ended March 31,
 20262025
 AmountPercentage of RevenueAmountPercentage of Revenue
United States and Canada(1)
$838 58 %$647 62 %
Europe295 20 194 19 
Asia-Pacific, including Australia and New Zealand169 12 109 11 
Rest of world140 10 85 8 
Total$1,442 100 %$1,035 100 %
The Company’s revenues in the United States were 55% of consolidated revenue for the three months ended March 31, 2026, and 59% for the three months ended March 31, 2025.
No individual country, other than the United States, exceeded 10% of the Company’s consolidated revenue for any period presented.
As a percentage of total virtual item-related revenue, durable and consumable revenues were as follows:
Three Months Ended March 31,
2026
2025
Durable virtual item revenue88 %91 %
Consumable virtual item revenue12 %9 %
Deferred Revenue
The Company receives payments from its users based on the payment terms established in its contracts. Such payments are initially recorded to deferred revenue and are recognized into revenue as the Company satisfies its performance obligations. The aggregate amount of revenue allocated to unsatisfied performance obligations is included in the Company’s deferred revenue balances.
The increase in deferred revenue for the three months ended March 31, 2026 was driven by sales during the period exceeding revenue recognized from the satisfaction of the Company’s performance obligations, which includes the revenue recognized during the period that was included in the current portion of deferred revenue at the beginning of the period. During the three months ended March 31, 2026, we recognized $1,221 million of revenue that was included in the current deferred revenue balance as of December 31, 2025.
v3.26.1
Leases
 3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Leases
4. Leases
On January 30, 2026, the Company executed lease agreements pursuant to which the Company will lease an additional 352,192 square feet of office space for two additional buildings at its corporate headquarters for lease terms of approximately 13 years each. The total incremental base rent under the agreements is approximately $403 million (net of rent abatement and tenant improvement allowances). As of March 31, 2026, the Company has not taken possession of this office space.
v3.26.1
Cash Equivalents and Investments
 3 Months Ended
Mar. 31, 2026
Investments, Debt and Equity Securities [Abstract]  
Cash Equivalents and Investments
5. Cash Equivalents and Investments
The following is a summary of the Company’s cash equivalents and short-term and long-term investments (in millions):
As of March 31, 2026
Amortized CostGross Unrealized GainsGross Unrealized LossesFair ValueCash EquivalentsShort-Term InvestmentsLong-Term Investments
Debt Securities
Level 1
Money market funds$1,009 $— $— $1,009 $1,009 $— $— 
U.S. Treasury securities2,822 2 (4)2,820 3 1,429 1,388 
Subtotal3,831 2 (4)3,829 1,012 1,429 1,388 
Level 2
U.S. agency securities679 — (4)675 — — 675 
Commercial paper424 — — 424 — 424 — 
Corporate debt securities1,059 1 (3)1,057 — 154 903 
Subtotal2,162 1 (7)2,156 — 578 1,578 
Total Debt Securities$5,993 $3 $(11)$5,985 $1,012 $2,007 $2,966 
Equity Securities
Level 1
Mutual funds(1)
$4 $— $4 $— 
Total Equity Securities$4 $— $4 $— 
Total Cash Equivalents and Investments$5,993 $3 $(11)$5,989 $1,012 $2,011 $2,966 
As of December 31, 2025
Amortized CostGross Unrealized GainsGross Unrealized LossesFair ValueCash EquivalentsShort-Term InvestmentsLong-Term Investments
Debt Securities
Level 1
Money market funds$1,010 $— $— $1,010 $1,010 $— $— 
U.S. Treasury securities2,551 7 — 2,558 3 1,427 1,128 
Subtotal3,561 7 — 3,568 1,013 1,427 1,128 
Level 2
U.S. agency securities542 — — 542 — — 542 
Commercial paper325 — — 325 — 325 — 
Corporate debt securities911 6 — 917 — 94 823 
Subtotal1,778 6 — 1,784 — 419 1,365 
Total Debt Securities$5,339 $13 $— $5,352 $1,013 $1,846 $2,493 
Equity Securities
Level 1
Mutual funds(1)
$4 $— $4 $— 
Total Equity Securities$4 $— $4 $— 
Total Cash Equivalents and Investments$5,339 $13 $— $5,356 $1,013 $1,850 $2,493 
(1)The equity securities relate to the Company’s nonqualified deferred compensation plan and are held in a rabbi trust.
As of March 31, 2026, all of the Company’s short-term debt investments have contractual maturities of one year or less and all of the Company’s long-term debt investments have contractual maturities between one and five years.
Changes in market interest rates, credit risk of borrowers, and overall market liquidity, amongst other factors, may cause the Company’s short-term and long-term debt investments to fall below their amortized cost basis, resulting in unrealized losses. For those debt securities in an unrealized loss position as of March 31, 2026, the unrealized losses were primarily driven by increases in market interest rates following the date of purchase and the Company does not intend to sell, nor is it more likely than not it will be required to sell, such securities before recovering the amortized cost basis.
The following table presents fair values and gross unrealized losses, aggregated by investment category and the length of time that individual securities have been in a continuous loss position (in millions):
As of March 31, 2026
Less Than 12 Months12 Months or GreaterTotal
Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized Losses
U.S. Treasury securities$1,748 $(4)$— $— $1,748 $(4)
U.S. agency securities676 (4)— — 676 (4)
Corporate debt securities522 (3)— — 522 (3)
Total$2,946 $(11)$— $— $2,946 $(11)
v3.26.1
Other Balance Sheet Components
 3 Months Ended
Mar. 31, 2026
Other Balance Sheet Components [Abstract]  
Other Balance Sheet Components
6. Other Balance Sheet Components
Prepaid expenses and other current assets
Prepaid expenses and other current assets consisted of the following (in millions):
 As of
 March 31,
2026		December 31,
2025
Prepaid expenses$86 $63 
Accrued interest receivable39 35 
Other current assets13 11 
Total prepaid expenses and other current assets$138 $109 
Property and equipment, net
Property and equipment, net, consisted of the following (in millions):
 As of
 March 31,
2026		December 31,
2025
Servers and related equipment and software$1,165 $1,065 
Computer hardware and software licenses59 59 
Furniture and fixtures3 2 
Leasehold improvements269 263 
Construction in progress12 11 
Prepayments for purchase of equipment and construction in progress
81 169 
Total property and equipment1,589 1,569 
Less accumulated depreciation and amortization
(740)(684)
Property and equipment—net$849 $885 
Construction in progress primarily relates to leasehold improvements for the Company’s leased office buildings and networking and other infrastructure equipment to support the Company’s data centers.
Total depreciation and amortization expense of property and equipment was $60 million for the three months ended March 31, 2026 and $50 million for the three months ended March 31, 2025.
Accrued expenses and other current liabilities
Accrued expenses and other current liabilities consisted of the following (in millions):
 As of
 March 31,
2026		December 31,
2025
Accrued operating expenses and liabilities$164 $67 
Short-term operating lease liabilities155 151 
Accrued interest on the 2030 Notes16 6 
Taxes payable79 99 
Accrued compensation and other employee related liabilities19 48 
Short-term debt— 15 
Other current liabilities2 10 
Total accrued expenses and other current liabilities$435 $396 
v3.26.1
Debt
 3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Debt
7. Debt
2030 Notes
On October 29, 2021, the Company issued $1.0 billion aggregate principal amount of its 3.875% Senior Notes due 2030 (the “2030 Notes”). The 2030 Notes mature on May 1, 2030. The 2030 Notes bear interest at a rate of 3.875% per annum. Interest on the 2030 Notes is payable semi-annually in arrears on May 1 and November 1 of each year, commencing on May 1, 2022.
The aggregate proceeds from the offering of the 2030 Notes were approximately $988 million, after deducting lenders costs and other issuance costs incurred by the Company. The issuance costs of $12 million are amortized into interest expense using the effective interest method over the term of the 2030 Notes.
The Company may voluntarily redeem the 2030 Notes, in whole or in part, under the following circumstances:
(1)Prior to November 1, 2024, the Company could have on any one or more occasions, redeemed up to 40% of the aggregate principal amount of the 2030 Notes at a redemption price of 103.875% of the principal amount including accrued and unpaid interest, if any, with the net cash proceeds of certain equity offerings; provided that (1) at least 50% of the aggregate principal amount of 2030 Notes originally issued remained outstanding immediately after the occurrence of such redemption (excluding 2030 Notes held by the Company and its subsidiaries); and (2) the redemption occurred within 180 days of the date of the closing of such equity offerings.
(2)On or after November 1, 2024, the Company may voluntarily redeem all or a part of the 2030 Notes at the following redemption prices (expressed as percentages of principal amount), plus accrued and unpaid interest, if any, to, but excluding, the applicable redemption date:
YearPercentage
2024
101.938 %
2025
100.969 %
2026 and thereafter
100.000 %
(3)Prior to November 1, 2024, the Company could have redeemed all or a part of the 2030 Notes at a redemption price equal to 100% of the principal amount of 2030 Notes redeemed, including accrued and unpaid interest, if any, plus the applicable “make-whole” premium set forth in the indenture governing the 2030 Notes (the “Indenture”) as of the date of such redemption; and
(4)In connection with any tender offer for the 2030 Notes, including an offer to purchase (as defined in the Indenture), if holders of not less than 90% in aggregate principal amount of the outstanding 2030 Notes validly tender and do not withdraw such notes in such tender offer and the Company (or any third party making such a tender offer in lieu of the Company) purchases all of the 2030 Notes validly tendered and not withdrawn by such holders, the Company (or such third party) will have the right, upon not less than 10, but not more than 60 days’ prior notice, given not more than 30 days following such purchase date to the holders of the 2030 Notes and the trustee, to redeem all of the 2030 Notes that remain outstanding following such purchase at a redemption price equal to the price offered to each holder of 2030 Notes (excluding any early tender or incentive fee) in such tender offer plus to the extent not included in the tender offer payment, accrued and unpaid interest, if any.
In certain circumstances involving a change of control triggering event (as defined in the Indenture), the Company will be required to make an offer to repurchase all, or at the holder’s option, any part, of each holder’s 2030 Notes at a repurchase price equal to 101% of the principal amount, plus accrued and unpaid interest, if any, to the applicable repurchase date.
The 2030 Notes are unsecured obligations and the Indenture contains covenants limiting the Company and its subsidiaries’ ability to: (i) create certain liens and enter into sale and lease-back transactions; (ii) create, assume, incur, or guarantee certain indebtedness; or (iii) consolidate or merge with or into, or sell or otherwise dispose of all or substantially all of the Company and its subsidiaries’ assets to another person. These covenants are subject to a number of limitations and exceptions set forth in the Indenture and non-compliance with these covenants may result in the accelerated repayment of the 2030 Notes and any accrued and unpaid interest.
As of March 31, 2026, the Company was in compliance with all of its covenants under the Indenture.
The net carrying amount of the 2030 Notes, which is presented as a component of long-term debt in the Company’s condensed consolidated financial statements, was as follows (in millions):
As of
March 31,
2026		December 31,
2025
Principal
$1,000 $1,000 
Unamortized issuance costs
(7)(7)
Net carrying amount
$993 $993 
Interest expense related to the 2030 Notes, which includes amortization of debt issuance costs, was $10 million for each of the three months ended March 31, 2026 and 2025.
The debt issuance costs for the 2030 Notes are amortized to interest expense over the term of the 2030 Notes using an annual effective interest rate of 4.05%.
As of March 31, 2026 and December 31, 2025, the estimated fair value of the 2030 Notes was approximately $943 million and $958 million, respectively, determined based on the last trading price of the 2030 Notes during the reporting period (a Level 2 input).
Joint Venture Financing
Refer to Note 12, “Joint Venture”, in the notes to the condensed consolidated financial statements for additional information on debt issued by the Company’s consolidated subsidiary, Roblox China Holding Corp.
v3.26.1
Commitments and Contingencies
 3 Months Ended
Mar. 31, 2026
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies
8. Commitments and Contingencies
Lease Commitments—The Company leases office facilities and space for data center operations under operating leases expiring in various years through 2035 for leases that have commenced and 2041 for leases that have not yet commenced. Certain of these arrangements have free or escalating rent payment provisions and optional renewal clauses. All of the Company’s leases are accounted for as operating leases. There has been no material change in the Company’s lease commitments during the three months ended March 31, 2026, except for lease commitments primarily related to office facilities and data centers in the ordinary course of business.
Purchase Obligations—Non-cancellable contractual purchase obligations primarily consist of contracts associated with data center hosting providers, software vendors, and payment processors. There have been no material changes in the Company’s purchase obligations during the three months ended March 31, 2026, other than non-cancellable purchase commitments made in the ordinary course of business, primarily related to data center hosting providers, software vendors, and payment processors.
Letters of Credit—The Company has letters of credit in connection with its operating leases which are not reflected in the Company’s condensed consolidated balance sheets as of March 31, 2026 and December 31, 2025. There have been no material changes to the Company’s letters of credit during the three months ended March 31, 2026.
Legal Proceedings—The Company is and may in the future become involved in various legal matters, including investigations, proceedings, claims, litigation, and other legal matters, such as those described below. The Company intends to defend itself vigorously in all such matters. The Company has and may continue to incur substantial legal fees, which are expensed as incurred.
As of March 31, 2026 and December 31, 2025, the Company accrued for losses related to matters that the Company believes to be probable and for which an amount of loss can be reasonably estimated, certain of which are described in more detail below. The Company considered the progress of these matters, the opinions and views of its legal counsel and outside advisors, its experience and settlements in similar matters, and other factors in arriving at the conclusion that a potential loss was probable. For all other legal matters, the Company cannot determine a reasonable estimate of the maximum possible loss or range of loss given the inherent uncertainty based on the facts and circumstances of such matters at this time. The maximum amount of liability that may ultimately result cannot be predicted with absolute certainty and the ultimate resolution of one or more of these matters could ultimately have a material adverse effect on the Company’s operations.
On August 1, 2023, a putative class action was filed against the Company in the United States District Court for the Northern District of California, captioned Colvin v. Roblox (the “Colvin matter”), asserting various claims arising from allegations that minors used third-party virtual casinos to gamble Robux. On December 15, 2023, the Company filed a motion to dismiss and on March 26, 2024, the motion to dismiss was granted in part and denied in part, allowing plaintiffs’ negligence and California Unfair Competition Law claims to proceed. On March 28, 2024, a supplemental order clarified that plaintiffs’ claims for unjust enrichment and equitable relief could proceed as well. On April 9, 2024, plaintiffs filed an amended complaint re-alleging the California Consumer Legal Remedies Act and New York General Business Law claims that had been dismissed.
Separately, on March 14, 2024, Gentry v. Roblox (the “Gentry matter”) was filed in the United States District Court for the Northern District of California premised on substantially identical allegations as the Colvin matter. On April 18, 2024, the Gentry matter was consolidated with the Colvin matter. Plaintiffs filed a consolidated complaint on April 23, 2024. The consolidated complaint sought monetary damages, including actual, punitive, and statutory damages, restitution, attorneys’ fees and costs, and declaratory and injunctive relief. The Company filed a motion to dismiss the consolidated complaint on May 14, 2024, which the court granted in part and denied in part on September 19, 2024. The court dismissed with prejudice plaintiffs’ fraud-based claims and claims for injunctive relief, but allowed plaintiffs’ claims under California’s Unfair Competition Law and for negligence and unjust enrichment to proceed. On October 30, 2024, the Company filed an answer denying plaintiffs’ claims. On November 20, 2024, the Company filed an Amended Answer, again denying plaintiffs’ claims, and adding cross-claims against virtual casino defendants for intellectual property infringement, violation of the Computer Fraud and Abuse Act, breach of contract, tortious interference, and indemnification, among others. One of the cross-defendants, Based Plate Studios, LLC moved to dismiss the Company’s claims. On April 16, 2025, the court granted in part and denied in part Based Plate Studios’ motion to dismiss, allowing the Company’s claims against Based Plate Studios for trademark infringement, violation of California Comprehensive Computer Data Access and Fraud Act, tortious interference with contract, breach of contract, and indemnification to proceed. On June 2, 2025, plaintiffs filed a Second Amended Complaint, adding new defendants and more detailed allegations regarding existing plaintiffs. The Company filed a motion to dismiss portions of the Second Amended Complaint on June 23, 2025. That motion was granted, and certain claims were dismissed as a result. Other claims remain pending and discovery is ongoing.
In recent periods, there has been increased regulatory and litigation focus on areas that impact the Company’s business, including the protection of minors online and digital safety overall. As a result, the Company has become subject to regulatory investigations and/or legal proceedings from both regulators and individuals relating to, among other things, claims arising from allegations that the Company has facilitated gambling by users of the Platform, including by minors, that the Platform is unsafe, that the Company has misrepresented the safety of the Platform, that the Company has failed to warn of or misrepresented the risk of encountering bad actors on the Platform, that the Company provides inadequate safety controls on the Platform, that the Platform is addictive, that the Terms of Use are not enforceable against minors and that the Company unlawfully or unfairly benefits from child labor. Various state attorneys general have filed claims, announced the intent to file claims, or commenced investigations against the Company based on various state laws and causes of action primarily relating to youth-related consumer protection and digital safety matters. As of April 30, 2026, states that have filed suit include Florida, Iowa, Kentucky, Louisiana, Nebraska, Texas, and Tennessee. Each action is unique to the applicable state laws. These legal proceedings are still in the early stages of litigation. However, in State of Texas v. Roblox Corporation, the Travis County District Court granted in part and denied in part on March 6, 2026 the Company’s motion to dismiss a complaint filed by the State of Texas on November 6, 2025. The complaint asserts claims for violations of the Texas Deceptive Trade Practices Act and Texas’ common nuisance law, alleges that the Company failed to adequately protect children on the Platform, and seeks civil penalties, declaratory and injunctive relief, and attorneys’ fees and costs. The court dismissed Texas’ common nuisance claim but allowed the Deceptive Trade Practices Act claim to proceed. The Company anticipates filing or has filed motions to dismiss that are currently pending in the remainder of these cases. At this time, the Company is unable to reasonably estimate the loss or range of loss, if any, arising from any of the above-referenced matters.
In addition, the Company entered into settlement agreements with certain states, including Alabama, Nevada, and West Virginia in April 2026, and is in negotiations with certain other states regarding similar youth-related consumer protection and digital safety matters. During the three months ended March 31, 2026, the Company accrued $57 million of expense within general and administrative expense associated with both settlement agreements and settlement discussions that actually occurred, including developments through the date of this filing. The amounts accrued relate to cash payments owed to the states with no future obligating events.
Certain elements of the settlements and/or settlement proposals have not been accrued as of March 31, 2026. These include commitments for public service campaigns, headcount for law enforcement liaisons, costs associated with implementing certain Platform and policy changes, and/or liquidated damages if certain settlement terms are deemed to be breached in the future. Such commitments will be expensed as incurred or in the case of liquidated damages, will be expensed only if a breach is considered probable to occur. Outside of the amounts accrued, the Company currently is unable to reasonably estimate the loss or range of loss, if any, arising from unasserted claims with other jurisdictions given the inherent uncertainty around future settlement discussions (if any), including, but not limited to, structure and amount of settlement terms and the timing of any future Company commitments, as well as the diversity of state laws. Additionally, there can be no assurance that any settlement proposals will be accepted by any of the state attorney general counterparties with whom the Company is currently in negotiations or may engage with in the future.
Indemnification—In the ordinary course of business, the Company enters into agreements that may include indemnification provisions of varying scope and terms with other parties, including vendors and business partners. The Company has also entered into indemnification agreements with its directors, officers, and certain other employees. Pursuant to such agreements, the Company may indemnify, hold harmless, and defend an indemnified party for losses suffered or incurred by the indemnified party. The maximum potential amount of future payments the Company could be required to make under these provisions is not determinable. To date, the Company has not incurred material costs related to these indemnification provisions.
v3.26.1
Stockholders' Equity
 3 Months Ended
Mar. 31, 2026
Stockholders' Equity Note [Abstract]  
Stockholders' Equity
9. Stockholders’ Equity
Class A and Class B common stock are referred to as common stock throughout the notes to the condensed consolidated financial statements, unless otherwise noted.
The Company reserved shares of common stock for future issuance as follows (in thousands):
 As of
 March 31,
2026		December 31,
2025
Stock options outstanding8,267 9,178 
Restricted Stock Units (“RSUs”) outstanding21,848 24,524 
Performance Stock Units (“PSUs”) outstanding(1)
2,822 2,719 
2020 Equity Incentive Plan144,733 112,747 
2020 Employee Stock Purchase Plan32,632 26,072 
Other awards and warrants outstanding or unreleased
345 342 
Total210,647 175,582 
(1)For awards with ongoing performance periods as of the respective balance sheet date, the shares of common stock reserved for future issuance are included at maximum achievement levels.
v3.26.1
Stock-Based Compensation Expense
 3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation Expense
10. Stock-Based Compensation Expense
Stock-based compensation expense was as follows (in millions):
 Three Months Ended March 31,
 20262025
Infrastructure and trust & safety$35 $34 
Research and development192 177 
General and administrative37 36 
Sales and marketing11 12 
Total stock-based compensation expense$275 $259 
Stock Options
The following table summarizes the Company’s stock option activity:
 
Stock Options Outstanding
 
Number of
Shares Subject
to Options
(in thousands)
Weighted-Average
Exercise
Price (per Option)
Weighted-Average Remaining Contractual Term (Years)
Aggregate Intrinsic Value
(in millions)
Balances as of December 31, 20259,178 $3.64 3.07$710 
Cancelled, forfeited, and expired(17)$1.05 
Exercised(894)$3.54 
Balances as of March 31, 20268,267 $3.66 2.85$437 
RSUs and PSUs
The following table summarizes the Company’s RSUs and PSUs activities, excluding the 2024 CEO PSU Award, which is described in more detail in the following section:
 
Unvested RSUs Outstanding
Unvested Management PSUs Outstanding(1)
 
Number of
Shares
(in thousands)
Weighted-Average
Grant Date
Fair Value (per Share)
Number of
Shares
(in thousands)
Weighted-Average
Grant Date
Fair Value (per Share)
Unvested as of December 31, 202524,524 $63.59 1,826 $51.78 
Granted3,284 $71.45 773 $72.52 
Vested
(5,012)$53.47 (411)$41.32 
Cancelled(948)$61.66 (124)$52.30 
Unvested as of March 31, 202621,848 $67.18 2,064 $61.60 
(1)Includes PSUs issued to certain members of management (the “Management PSUs”) in each of the years 2023 through 2026 and excludes the 2024 CEO PSU Award, which is described in more detail below. The Management PSUs include awards with financial performance-based targets and market performance-based targets. All unvested PSU grants and balances are shown at the aggregate maximum number of shares that were granted and may be earned and issued with respect to each award over its full term (up through any applicable cancellation). Stock-based compensation expense recognized related to the Management PSUs was $7 million during the three months ended March 31, 2026 and $6 million during the three months ended March 31, 2025.
Certain PSU and RSU Grants
CEO Long-Term Performance Award
In February 2021, the Leadership Development and Compensation Committee granted a PSU award (the “CEO Long-Term Performance Award”) under the Company’s 2017 Amended and Restated Equity Incentive Plan, which provided the Company’s CEO, Mr. Baszucki, the opportunity to earn a maximum number of 11.5 million shares of Class A common stock. The CEO Long-Term Performance Award would have vested upon the satisfaction of a service condition and achievement of certain Class A common stock price targets over five years. The Leadership Development and Compensation Committee approved the cancellation of the CEO-Long Term Performance Award on March 1, 2024, as further discussed below. The Class A common stock price targets were not achieved and therefore no shares vested under the CEO Long-Term Performance Award prior to its cancellation.
2024 CEO PSUs and RSUs
On March 1, 2024 (the “Modification Date”), the Leadership Development and Compensation Committee concurrently (i) approved the cancellation of the CEO Long-Term Performance Award and (ii) granted Mr. Baszucki a new PSU award (the “2024 CEO PSU Award”) and RSU award (collectively, the “2024 CEO Award”), which was determined to represent a modification of the CEO Long-Term Performance Award.
As of the Modification Date, total subsequent stock-based compensation expense to be recognized was measured as (i) the remaining unrecognized stock-based compensation expense related to the grant date fair value of the CEO Long-Term Performance Award of $84 million and (ii) the incremental fair value resulting from the modification, if any. To estimate the incremental fair value resulting from the modification (if any), the Company first estimated the fair value of the modified CEO Long-Term Performance Award immediately prior to the Modification Date using a model based on multiple stock price outcomes developed through the use of a Monte Carlo simulation that incorporated into the valuation the possibility that the stock price targets may not be satisfied. A Monte Carlo simulation model requires the use of various assumptions, including the underlying stock price, volatility, the risk-free interest rate as of the valuation date corresponding to the length of time remaining in the performance period, and expected dividend yield. On the Modification Date, the estimated fair value of the CEO Long-Term Performance Award immediately prior to the modification was greater than the estimated fair value of the 2024 CEO Award (which was generally estimated based on the Modification Date fair value of the Class A common stock underlying the 2024 CEO Award, with consideration of the probability of achievement against the pre-established performance measures). As a result, the modification did not result in any incremental stock-based compensation expense and therefore, as of the Modification Date, total subsequent stock-based compensation expense to be recognized totaled $84 million. Of the total estimated stock-based compensation expense, 75% of the value was allocated to the 2024 CEO PSU Award with the remaining 25% allocated to the RSUs, based on the relative value of the two awards on the Modification Date.
Under the 2024 CEO PSU Award, the number of shares earned ranged from 0% to 200% of the target number of shares based on the Company’s performance against two independent performance measures relative to pre-established thresholds during a two-year performance period that ended on December 31, 2025. The two independent performance measures were the Company’s cumulative (i) bookings during the performance period, as defined in the grant agreement with Mr. Baszucki and (ii) Adjusted EBITDA during the performance period, which correlates to the covenant Adjusted EBITDA calculation used in certain covenant calculations specified in the Indenture (the “PSU Adjusted EBITDA”). Further, the award is subject to Mr. Baszucki’s continuous service with the Company through each vesting date. In the first quarter of 2026, 67% of the award earned vested and the remaining 33% of the award earned, will vest in four equal quarterly installments thereafter beginning in the second quarter of 2026. The Company recognizes stock-based compensation expense for the 2024 CEO PSU Award on an accelerated attribution method over the requisite service period of each separately vesting tranche. Actual performance against the pre-established thresholds under the 2024 CEO PSU Award has no impact on the subsequent stock-based compensation expense recognized.
The target number of shares under the 2024 CEO PSU Award was 446,534 in aggregate, with 80% of the target number of shares allocated to the cumulative bookings performance measure and 20% of the target number of shares allocated to the cumulative PSU Adjusted EBITDA performance measure. Based on actual performance through the end of the performance period ending on December 31, 2025, a total of 893,068 shares were earned under the 2024 CEO PSU Award, with vesting subject to Mr. Baszucki’s continued service with the Company through the applicable vesting date. In the three months ended March 31, 2026, 598,355 of those shares vested.
The Company recorded $5 million and $7 million of stock-based compensation expense related to the 2024 CEO PSU Award during the three months ended March 31, 2026 and 2025, respectively, within general and administrative expenses.
Under the 2024 CEO Award, Mr. Baszucki was granted 148,844 RSUs which vest quarterly over a three-year service period beginning March 1, 2024, subject to Mr. Baszucki’s continued service with the Company through the applicable vesting date.
Employee Stock Purchase Plan
The Company recorded $7 million of stock-based compensation expense related to the 2020 ESPP during the three months ended March 31, 2026 and $4 million during the three months ended March 31, 2025.
v3.26.1
Accumulated Other Comprehensive Income/(Loss)
 3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Accumulated Other Comprehensive Income/(Loss)
11. Accumulated Other Comprehensive Income/(Loss)
The following table shows a summary of changes in accumulated other comprehensive income/(loss) by component for the three months ended March 31, 2026 (in millions):
Foreign Currency TranslationUnrealized Gains/ (Losses) on Available-For-Sale Debt SecuritiesTotal
Balance as of December 31, 2025$4 $13 $17 
Other comprehensive income/(loss), net of tax, before reclassifications(1)(20)(21)
Amounts reclassified from accumulated other comprehensive income/(loss), net of tax— (1)(1)
Change in accumulated other comprehensive income/(loss), net of tax(1)(21)(22)
Balance as of March 31, 2026$3 $(8)$(5)
v3.26.1
Joint Venture
 3 Months Ended
Mar. 31, 2026
Equity Method Investments and Joint Ventures [Abstract]  
Joint Venture
12. Joint Venture
Background
In February 2019, the Company entered into a joint venture agreement with Songhua River Investment Limited (“Songhua”), an affiliate of Tencent Holdings Ltd., to create Roblox China Holding Corp. (in which the Company holds a 51% ownership interest as it relates to the voting shares). Songhua contributed $50 million in capital in exchange for a 49% ownership interest in Roblox China Holding Corp. The business of the joint venture (either directly or indirectly through the joint venture’s wholly owned subsidiaries) is to engage in the (i) development, localization, and licensing of the Roblox application to Shenzhen Tencent Computer Systems Co., Ltd. for operation and publication as a game in China, and (ii) development, localization, and licensing to creators of a Chinese version of the Roblox Studio and to oversee relations with local Chinese creators.
The joint venture is consolidated into the Company’s condensed consolidated financial statements as the Company maintains a controlling financial interest through voting rights, while the minority member of the joint venture does not have substantive participating rights or veto rights. The Company classifies the 49% ownership interest held by Songhua as a noncontrolling interest on its condensed consolidated balance sheets.
Joint Venture Financing
On May 10, 2023, Roblox China Holding Corp. (the “Borrower”) issued $30 million aggregate principal debt which would have matured on May 10, 2026 (the “JV Notes”). In the first quarter of 2026, the Borrower extended the maturity date of the JV Notes by two years to May 10, 2028.
The JV Notes were funded by the Company and Songhua (collectively, the “Lenders”) in the amounts of $15 million each. The JV Notes bear interest at a rate of 6.0% per annum, with accrued interest payable on the final maturity date.
At any point, the Lenders may voluntarily convert the JV Notes into voting shares of the Borrower, provided that immediately after such conversion, the Lenders continue to own the same percentage of voting shares in the Borrower as they did immediately prior to the conversion. The conversion ratio will be determined at the time of such conversion (if any), and will be determined by dividing the then fair value of the Borrower’s voting shares (as mutually agreed to by the Lenders and Borrower) into the sum of the unpaid principal and accrued interest.
The portion of the JV Notes outstanding to Songhua is reflected in the Company’s condensed consolidated financial statements as long-term debt, net as of March 31, 2026 and within accrued expenses and other current liabilities as of December 31, 2025, at its principal amount, while the portion outstanding to the Company – including any related interest expense – is eliminated upon consolidation. Interest expense related to the JV Notes was not material for any of the periods presented.
v3.26.1
Income Taxes
 3 Months Ended
Mar. 31, 2026
Income Tax Disclosure [Abstract]  
Income Taxes
13. Income Taxes
The Company is subject to federal and state income tax in the United States, as well as foreign tax jurisdictions in which it conducts business. The Company does not provide for U.S. income taxes or foreign withholding taxes on the undistributed earnings of its profitable foreign subsidiaries because it intends to permanently reinvest such earnings in foreign operations.
The provision for/(benefit from) income taxes for the three months ended March 31, 2026 and 2025 consisted of immaterial federal, state, and foreign income taxes. The Company continues to maintain a full valuation allowance on its federal, state, and certain foreign net deferred tax assets as it is not likely that the deferred assets will be utilized. The primary difference between the effective tax rate and the federal statutory tax rate relates to the valuation allowance on the Company’s deferred tax assets.
v3.26.1
Basic and Diluted Net Loss Per Common Share
 3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Basic and Diluted Net Loss Per Common Share
14. Basic and Diluted Net Loss Per Common Share
The following table presents the calculation of basic and diluted net loss per share (in thousands, except number of shares which are reflected in thousands and per share data):
 Three Months Ended March 31,
 20262025
Basic and diluted net loss per share
Numerator
Consolidated net loss$(248)$(216)
Less: net loss attributable to noncontrolling interest(2)(1)
Net loss attributable to common stockholders$(246)$(215)
Denominator
Weighted-average common shares used in computing net loss per share attributable to common stockholders, basic and diluted
711,697 671,657 
Net loss per share attributable to common stockholders, basic and diluted$(0.35)$(0.32)
The potential shares of common stock that were excluded from the computation of diluted net loss per share because including them would have been anti-dilutive are as follows (in thousands):
 
As of March 31,
 20262025
Stock options outstanding8,267 22,815 
RSUs outstanding21,848 32,758 
2020 ESPP1,868 832 
Other awards(1) and warrants outstanding or unreleased
1,322 543 
Total33,305 56,948 
(1)Other awards include the actual or hypothetical number of unvested shares earned under the Company’s PSU awards, based on actual performance as of the respective balance sheet date.
v3.26.1
Reportable Segments
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Reportable Segments
15. Reportable Segments
The following represents segment information for the Company’s single operating segment, for the periods presented (in millions):
 Three Months Ended March 31,
 20262025
Revenue$1,442 $1,035 
Add (deduct):
Cost of revenue(1)
(294)(225)
Developer exchange fees(423)(282)
Adjusted infrastructure expenses(2)
(185)(130)
Adjusted trust & safety expenses(2)
(85)(68)
Personnel costs, excluding stock-based compensation expense and excluding infrastructure and trust & safety personnel costs(252)(208)
Stock-based compensation expense, excluding infrastructure and trust & safety stock-based compensation expense(240)(225)
Depreciation and amortization expense(61)(54)
Other segment items(3)
(194)(94)
Interest income55 46 
Interest expense(10)(10)
(Provision for)/benefit from income taxes(1)(1)
Consolidated net loss$(248)$(216)
(1)Depreciation of servers and infrastructure equipment is included in infrastructure and trust & safety expenses in the Company’s condensed consolidated statement of operations.
(2)Adjusted infrastructure and adjusted trust & safety expenses exclude depreciation and amortization expense.
(3)Other segment items primarily include expenses for professional services, facilities, advertising and promotions, transactional taxes, and other income/(expense), net.
v3.26.1
Insider Trading Arrangements
 3 Months Ended
Mar. 31, 2026
shares
Trading Arrangements, by Individual  
Non-Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Terminated false
Mark Reinstra [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement On January 13, 2026, Mark Reinstra, our Chief Legal Officer and Corporate Secretary, terminated his Rule 10b5-1 trading arrangement originally adopted on August 6, 2025. On February 19, 2026, Mr. Reinstra adopted a Rule 10b5-1 trading arrangement providing for the sale from time to time of an aggregate of up to 154,233 shares of Class A common stock, with the actual number of shares sold determined based on a written formula at specified market prices. The trading arrangement expires on February 26, 2027, or earlier if all transactions under the trading arrangement are completed.
Name Mark Reinstra
Title Chief Legal Officer and Corporate Secretary
Rule 10b5-1 Arrangement Adopted true
Adoption Date January 13, 2026
Expiration Date February 26, 2027
Arrangement Duration 409 days
Aggregate Available 154,233
David Baszucki [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement On February 10, 2026, David Baszucki, our Chief Executive Officer and member of our Board of Directors, terminated his Rule 10b5-1 trading arrangement originally adopted on August 6, 2025. On February 11, 2026, Mr. Baszucki adopted a Rule 10b5-1 trading arrangement as trustee of The Freedom Revocable Trust dated February 28, 2017, and as trustee of The Baszucki Family Foundation. The trading arrangement provides for the sale from time to time of an aggregate of up to 2,608,944 shares of Class A common stock, with the actual number of shares sold determined based on a written formula at specified market prices, and the gift of an aggregate of up to 884,821 shares of Class A common stock to charitable organizations. The trading arrangement expires on May 15, 2027, or earlier if all transactions under the trading arrangement are completed.
Name David Baszucki
Title Chief Executive Officer and member of our Board of Directors
Rule 10b5-1 Arrangement Adopted true
Adoption Date February 10, 2026
Expiration Date May 15, 2027
Arrangement Duration 459 days
Aggregate Available 2,608,944
Amy Rawlings [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement On February 18, 2026, Amy Rawlings, our Chief Accounting Officer, adopted a Rule 10b5-1 trading arrangement providing for the sale from time to time of an aggregate of up to 3,550 shares of Class A common stock, plus additional shares determined based on a written formula that was calculated based on a specified number of shares of Class A common stock resulting from the future vesting of RSUs granted before the adoption date of the trading arrangement, with the actual number of shares sold determined based on a written formula at specified market prices. The trading arrangement expires on March 2, 2027, or earlier if all transactions under the trading arrangement are completed.
Name Amy Rawlings
Title Chief Accounting Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date February 18, 2026
Expiration Date March 2, 2027
Arrangement Duration 377 days
Aggregate Available 3,550
Anthony Lee [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement On February 25, 2026, Anthony Lee, a member of our Board of Directors, terminated his Rule 10b5-1 trading arrangement originally adopted on November 24, 2025. On February 26, 2026, Mr. Lee adopted a Rule 10b5-1 trading arrangement as trustee of The Fallen Leaf Revocable Trust and co-trustee of trusts for his children providing for the sale from time to time of an aggregate of up to 700,000 shares of Class A common stock, with the actual number of shares sold determined based on a written formula at specified market prices. The trading arrangement expires on June 30, 2027, or earlier if all transactions under the trading arrangement are completed.
Anthony Lee Trading Arrangement, November 2025 [Member] | Anthony Lee [Member]  
Trading Arrangements, by Individual  
Name Anthony Lee
Title a member of our Board of Directors
Rule 10b5-1 Arrangement Terminated true
Termination Date February 25, 2026
Anthony Lee Trading Arrangement, February 2026 [Member] | Anthony Lee [Member]  
Trading Arrangements, by Individual  
Name Mr. Lee
Rule 10b5-1 Arrangement Adopted true
Adoption Date February 26, 2026
Expiration Date June 30, 2027
Arrangement Duration 490 days
Aggregate Available 700,000
v3.26.1
Basis of Presentation and Summary of Significant Accounting Policies (Policies)
 3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
Fiscal Year
Fiscal Year
The Company’s fiscal year ends on December 31.
Basis of Presentation
Basis of Presentation
The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“U.S. GAAP”), and applicable rules and regulations of the Securities and Exchange Commission (“SEC”), regarding interim financial reporting. Accordingly, they do not include all disclosures normally required in annual consolidated financial statements prepared in accordance with U.S. GAAP. Therefore, these unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 filed with the SEC (the “2025 Annual Report”).
In the Company’s opinion, the information contained herein reflects all adjustments necessary for a fair presentation of the Company’s results of operations, financial position, cash flows, and stockholders’ equity. All such adjustments are of a normal, recurring nature. The results of operations for the three months ended March 31, 2026 shown in this report are not necessarily indicative of the results to be expected for the full year ending December 31, 2026 or any other interim period.
For a discussion of the Company’s significant accounting policies, refer to the significant accounting policies as described in the Company’s consolidated financial statements and related notes included in the 2025 Annual Report.
In this Quarterly Report on Form 10-Q, the Company changed its financial statement presentation to round dollars from thousands to millions and, as a result, any necessary rounding adjustments have been made to prior period disclosed amounts. Additionally, certain columns and rows within the financial statements and tables may not be presented due to rounding to zero. Lastly, percentages presented may not add to their respective totals due to rounding.
Principles of Consolidation
Principles of Consolidation
The condensed consolidated financial statements include the accounts of the Company and subsidiaries over which the Company has control. All intercompany transactions and balances have been eliminated. The condensed consolidated financial statements include 100% of the accounts of wholly owned and majority owned subsidiaries, and the ownership interest of minority investors is recorded as noncontrolling interest.
Use of Estimates
Use of Estimates
The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Significant estimates and assumptions reflected in the condensed consolidated financial statements include, but are not limited to, the estimated period of time the virtual items are available to the user, which is estimated as the average lifetime of a paying user, and the estimated amount of consumable and durable virtual items purchased for which the Company lacks specific information that is used for revenue recognition, the estimated amount of expected breakage related to prepaid card sales, useful lives of property and equipment and intangible assets, fair value of assets and liabilities acquired through acquisitions, accrued liabilities (including accrued developer exchange fees), contingent liabilities, valuation of deferred tax assets and liabilities, stock-based compensation expense, the discount rate used in measuring operating lease liabilities, the carrying value of operating lease right-of-use assets, evaluation of recoverability of goodwill, intangible assets, and long-lived assets, and as necessary, estimates of fair value to measure impairment losses. Management believes that the estimates, and judgments upon which they rely, are reasonable based upon information available to them at the time that these estimates and judgments are made. Actual results could differ from those estimates and any such differences may be material to the condensed consolidated financial statements. To the extent that there are material differences between these estimates and actual results, the Company’s condensed consolidated financial statements will be affected.
Accounting Pronouncements Not Yet Adopted
Accounting Pronouncements Not Yet Adopted
In November 2024, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2024-03, “Income Statement: Reporting Comprehensive Income-Expense Disaggregation Disclosures,” which requires disclosure of certain costs and expenses in the notes of financial statements, including, amongst others, the amount of employee compensation expense and depreciation and amortization expense within each caption presented on the face of the income statement within continuing operations. Further, the disclosures require a qualitative description of the remaining cost and expense amounts within each relevant expense caption that are not separately disaggregated, as well as a description and the total amount of selling expenses. The ASU is effective for financial statements issued for annual periods beginning after December 15, 2026 and interim periods within fiscal years beginning after December 15, 2027. The ASU can be early adopted and should be applied either prospectively or retrospectively. The Company is currently evaluating the impact related to this ASU.
In September 2025, the FASB issued ASU 2025-06, “Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software,” which modernizes the recognition and disclosure framework for internal-use software costs, removing the previous “development stage” model and introduces a more judgment-based approach. The ASU is effective for financial statements issued for annual periods beginning after December 15, 2027 and interim periods within those fiscal years. The ASU can be early adopted and should be applied using either the prospective, modified, or retrospective transition approach. The Company is currently evaluating the impact related to this ASU.
v3.26.1
Revenue from Contracts with Customers (Tables)
 3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Revenue Disaggregated by Geography
The following table summarizes revenue by region based on the billing country of users (in millions, except percentages):
 
Three Months Ended March 31,
 20262025
 AmountPercentage of RevenueAmountPercentage of Revenue
United States and Canada(1)
$838 58 %$647 62 %
Europe295 20 194 19 
Asia-Pacific, including Australia and New Zealand169 12 109 11 
Rest of world140 10 85 8 
Total$1,442 100 %$1,035 100 %
The Company’s revenues in the United States were 55% of consolidated revenue for the three months ended March 31, 2026, and 59% for the three months ended March 31, 2025.
As a percentage of total virtual item-related revenue, durable and consumable revenues were as follows:
Three Months Ended March 31,
2026
2025
Durable virtual item revenue88 %91 %
Consumable virtual item revenue12 %9 %
v3.26.1
Cash Equivalents and Investments (Tables)
 3 Months Ended
Mar. 31, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Cash Equivalents and Short and Long-Term Investments
The following is a summary of the Company’s cash equivalents and short-term and long-term investments (in millions):
As of March 31, 2026
Amortized CostGross Unrealized GainsGross Unrealized LossesFair ValueCash EquivalentsShort-Term InvestmentsLong-Term Investments
Debt Securities
Level 1
Money market funds$1,009 $— $— $1,009 $1,009 $— $— 
U.S. Treasury securities2,822 2 (4)2,820 3 1,429 1,388 
Subtotal3,831 2 (4)3,829 1,012 1,429 1,388 
Level 2
U.S. agency securities679 — (4)675 — — 675 
Commercial paper424 — — 424 — 424 — 
Corporate debt securities1,059 1 (3)1,057 — 154 903 
Subtotal2,162 1 (7)2,156 — 578 1,578 
Total Debt Securities$5,993 $3 $(11)$5,985 $1,012 $2,007 $2,966 
Equity Securities
Level 1
Mutual funds(1)
$4 $— $4 $— 
Total Equity Securities$4 $— $4 $— 
Total Cash Equivalents and Investments$5,993 $3 $(11)$5,989 $1,012 $2,011 $2,966 
As of December 31, 2025
Amortized CostGross Unrealized GainsGross Unrealized LossesFair ValueCash EquivalentsShort-Term InvestmentsLong-Term Investments
Debt Securities
Level 1
Money market funds$1,010 $— $— $1,010 $1,010 $— $— 
U.S. Treasury securities2,551 7 — 2,558 3 1,427 1,128 
Subtotal3,561 7 — 3,568 1,013 1,427 1,128 
Level 2
U.S. agency securities542 — — 542 — — 542 
Commercial paper325 — — 325 — 325 — 
Corporate debt securities911 6 — 917 — 94 823 
Subtotal1,778 6 — 1,784 — 419 1,365 
Total Debt Securities$5,339 $13 $— $5,352 $1,013 $1,846 $2,493 
Equity Securities
Level 1
Mutual funds(1)
$4 $— $4 $— 
Total Equity Securities$4 $— $4 $— 
Total Cash Equivalents and Investments$5,339 $13 $— $5,356 $1,013 $1,850 $2,493 
(1)The equity securities relate to the Company’s nonqualified deferred compensation plan and are held in a rabbi trust.
Schedule of Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value
The following table presents fair values and gross unrealized losses, aggregated by investment category and the length of time that individual securities have been in a continuous loss position (in millions):
As of March 31, 2026
Less Than 12 Months12 Months or GreaterTotal
Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized Losses
U.S. Treasury securities$1,748 $(4)$— $— $1,748 $(4)
U.S. agency securities676 (4)— — 676 (4)
Corporate debt securities522 (3)— — 522 (3)
Total$2,946 $(11)$— $— $2,946 $(11)
v3.26.1
Other Balance Sheet Components (Tables)
 3 Months Ended
Mar. 31, 2026
Other Balance Sheet Components [Abstract]  
Schedule of Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consisted of the following (in millions):
 As of
 March 31,
2026		December 31,
2025
Prepaid expenses$86 $63 
Accrued interest receivable39 35 
Other current assets13 11 
Total prepaid expenses and other current assets$138 $109 
Schedule of Property and Equipment, Net
Property and equipment, net, consisted of the following (in millions):
 As of
 March 31,
2026		December 31,
2025
Servers and related equipment and software$1,165 $1,065 
Computer hardware and software licenses59 59 
Furniture and fixtures3 2 
Leasehold improvements269 263 
Construction in progress12 11 
Prepayments for purchase of equipment and construction in progress
81 169 
Total property and equipment1,589 1,569 
Less accumulated depreciation and amortization
(740)(684)
Property and equipment—net$849 $885 
Schedule of Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following (in millions):
 As of
 March 31,
2026		December 31,
2025
Accrued operating expenses and liabilities$164 $67 
Short-term operating lease liabilities155 151 
Accrued interest on the 2030 Notes16 6 
Taxes payable79 99 
Accrued compensation and other employee related liabilities19 48 
Short-term debt— 15 
Other current liabilities2 10 
Total accrued expenses and other current liabilities$435 $396 
v3.26.1
Debt (Tables)
 3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Debt Instrument Redemption
YearPercentage
2024
101.938 %
2025
100.969 %
2026 and thereafter
100.000 %
Schedule of Long-term Debt
The net carrying amount of the 2030 Notes, which is presented as a component of long-term debt in the Company’s condensed consolidated financial statements, was as follows (in millions):
As of
March 31,
2026		December 31,
2025
Principal
$1,000 $1,000 
Unamortized issuance costs
(7)(7)
Net carrying amount
$993 $993 
v3.26.1
Stockholders' Equity (Tables)
 3 Months Ended
Mar. 31, 2026
Stockholders' Equity Note [Abstract]  
Schedule of Common Stock for Future Issuance
The Company reserved shares of common stock for future issuance as follows (in thousands):
 As of
 March 31,
2026		December 31,
2025
Stock options outstanding8,267 9,178 
Restricted Stock Units (“RSUs”) outstanding21,848 24,524 
Performance Stock Units (“PSUs”) outstanding(1)
2,822 2,719 
2020 Equity Incentive Plan144,733 112,747 
2020 Employee Stock Purchase Plan32,632 26,072 
Other awards and warrants outstanding or unreleased
345 342 
Total210,647 175,582 
(1)For awards with ongoing performance periods as of the respective balance sheet date, the shares of common stock reserved for future issuance are included at maximum achievement levels.
v3.26.1
Stock-Based Compensation Expense (Tables)
 3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation Expense
Stock-based compensation expense was as follows (in millions):
 Three Months Ended March 31,
 20262025
Infrastructure and trust & safety$35 $34 
Research and development192 177 
General and administrative37 36 
Sales and marketing11 12 
Total stock-based compensation expense$275 $259 
Schedule of Stock Option Activity
The following table summarizes the Company’s stock option activity:
 
Stock Options Outstanding
 
Number of
Shares Subject
to Options
(in thousands)
Weighted-Average
Exercise
Price (per Option)
Weighted-Average Remaining Contractual Term (Years)
Aggregate Intrinsic Value
(in millions)
Balances as of December 31, 20259,178 $3.64 3.07$710 
Cancelled, forfeited, and expired(17)$1.05 
Exercised(894)$3.54 
Balances as of March 31, 20268,267 $3.66 2.85$437 
Schedule of Restricted Stock Units and Restricted Stock Awards Activity
The following table summarizes the Company’s RSUs and PSUs activities, excluding the 2024 CEO PSU Award, which is described in more detail in the following section:
 
Unvested RSUs Outstanding
Unvested Management PSUs Outstanding(1)
 
Number of
Shares
(in thousands)
Weighted-Average
Grant Date
Fair Value (per Share)
Number of
Shares
(in thousands)
Weighted-Average
Grant Date
Fair Value (per Share)
Unvested as of December 31, 202524,524 $63.59 1,826 $51.78 
Granted3,284 $71.45 773 $72.52 
Vested
(5,012)$53.47 (411)$41.32 
Cancelled(948)$61.66 (124)$52.30 
Unvested as of March 31, 202621,848 $67.18 2,064 $61.60 
(1)Includes PSUs issued to certain members of management (the “Management PSUs”) in each of the years 2023 through 2026 and excludes the 2024 CEO PSU Award, which is described in more detail below. The Management PSUs include awards with financial performance-based targets and market performance-based targets. All unvested PSU grants and balances are shown at the aggregate maximum number of shares that were granted and may be earned and issued with respect to each award over its full term (up through any applicable cancellation). Stock-based compensation expense recognized related to the Management PSUs was $7 million during the three months ended March 31, 2026 and $6 million during the three months ended March 31, 2025.
v3.26.1
Accumulated Other Comprehensive Income/(Loss) (Tables)
 3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income/(Loss)
The following table shows a summary of changes in accumulated other comprehensive income/(loss) by component for the three months ended March 31, 2026 (in millions):
Foreign Currency TranslationUnrealized Gains/ (Losses) on Available-For-Sale Debt SecuritiesTotal
Balance as of December 31, 2025$4 $13 $17 
Other comprehensive income/(loss), net of tax, before reclassifications(1)(20)(21)
Amounts reclassified from accumulated other comprehensive income/(loss), net of tax— (1)(1)
Change in accumulated other comprehensive income/(loss), net of tax(1)(21)(22)
Balance as of March 31, 2026$3 $(8)$(5)
v3.26.1
Basic and Diluted Net Loss Per Common Share (Tables)
 3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Calculation of Basic and Diluted Net Loss Per Share
The following table presents the calculation of basic and diluted net loss per share (in thousands, except number of shares which are reflected in thousands and per share data):
 Three Months Ended March 31,
 20262025
Basic and diluted net loss per share
Numerator
Consolidated net loss$(248)$(216)
Less: net loss attributable to noncontrolling interest(2)(1)
Net loss attributable to common stockholders$(246)$(215)
Denominator
Weighted-average common shares used in computing net loss per share attributable to common stockholders, basic and diluted
711,697 671,657 
Net loss per share attributable to common stockholders, basic and diluted$(0.35)$(0.32)
Schedule of Antidilutive Securities
The potential shares of common stock that were excluded from the computation of diluted net loss per share because including them would have been anti-dilutive are as follows (in thousands):
 
As of March 31,
 20262025
Stock options outstanding8,267 22,815 
RSUs outstanding21,848 32,758 
2020 ESPP1,868 832 
Other awards(1) and warrants outstanding or unreleased
1,322 543 
Total33,305 56,948 
(1)Other awards include the actual or hypothetical number of unvested shares earned under the Company’s PSU awards, based on actual performance as of the respective balance sheet date.
v3.26.1
Reportable Segments (Tables)
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of Represents Segment Revenue, Significant Segment Expenses, and Other Segment Items
The following represents segment information for the Company’s single operating segment, for the periods presented (in millions):
 Three Months Ended March 31,
 20262025
Revenue$1,442 $1,035 
Add (deduct):
Cost of revenue(1)
(294)(225)
Developer exchange fees(423)(282)
Adjusted infrastructure expenses(2)
(185)(130)
Adjusted trust & safety expenses(2)
(85)(68)
Personnel costs, excluding stock-based compensation expense and excluding infrastructure and trust & safety personnel costs(252)(208)
Stock-based compensation expense, excluding infrastructure and trust & safety stock-based compensation expense(240)(225)
Depreciation and amortization expense(61)(54)
Other segment items(3)
(194)(94)
Interest income55 46 
Interest expense(10)(10)
(Provision for)/benefit from income taxes(1)(1)
Consolidated net loss$(248)$(216)
(1)Depreciation of servers and infrastructure equipment is included in infrastructure and trust & safety expenses in the Company’s condensed consolidated statement of operations.
(2)Adjusted infrastructure and adjusted trust & safety expenses exclude depreciation and amortization expense.
(3)Other segment items primarily include expenses for professional services, facilities, advertising and promotions, transactional taxes, and other income/(expense), net.
v3.26.1
Revenue from Contracts with Customers - Schedule of Revenue Disaggregated By Geography (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Disaggregation of Revenue [Line Items]    
Revenue $ 1,442 $ 1,035
Revenue Benchmark | Geographic Concentration Risk    
Disaggregation of Revenue [Line Items]    
Revenue $ 1,442 $ 1,035
Percentage of Revenue 100.00% 100.00%
United States and Canada | Revenue Benchmark | Geographic Concentration Risk    
Disaggregation of Revenue [Line Items]    
Revenue $ 838 $ 647
Percentage of Revenue 58.00% 62.00%
U.S | Revenue Benchmark | Geographic Concentration Risk    
Disaggregation of Revenue [Line Items]    
Percentage of Revenue 55.00% 59.00%
Europe | Revenue Benchmark | Geographic Concentration Risk    
Disaggregation of Revenue [Line Items]    
Revenue $ 295 $ 194
Percentage of Revenue 20.00% 19.00%
Asia-Pacific, including Australia and New Zealand | Revenue Benchmark | Geographic Concentration Risk    
Disaggregation of Revenue [Line Items]    
Revenue $ 169 $ 109
Percentage of Revenue 12.00% 11.00%
Rest of world | Revenue Benchmark | Geographic Concentration Risk    
Disaggregation of Revenue [Line Items]    
Revenue $ 140 $ 85
Percentage of Revenue 10.00% 8.00%
v3.26.1
Revenue from Contracts with Customers - Schedule of Total Virtual Item-Related Revenue, Durable Virtual Items and Consumable Items (Details) - Revenue Benchmark - Product Concentration Risk
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Durable Virtual Items    
Disaggregation of Revenue [Line Items]    
Percentage of revenue 88.00% 91.00%
Consumable Virtual Items    
Disaggregation of Revenue [Line Items]    
Percentage of revenue 12.00% 9.00%
v3.26.1
Revenue from Contracts with Customers - Additional Information (Details)
$ in Millions
 3 Months Ended
Mar. 31, 2026
USD ($)
Revenue from Contract with Customer [Abstract]  
Revenue recognized $ 1,221
v3.26.1
Leases (Details)
$ in Millions
Jan. 30, 2026
USD ($)
ft²
building
Leases [Abstract]  
Area of real estate property | ft² 352,192
Number of lease buildings | building 2
Lessee term 13 years
Incremental base rent | $ $ 403
v3.26.1
Cash Equivalents and Investments - Schedule of Cash Equivalents and Short and Long-Term Investments (Details) - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Debt Securities, Available-for-Sale [Line Items]    
Amortized Cost $ 5,993 $ 5,339
Gross Unrealized Gains 3 13
Gross Unrealized Losses (11) 0
Fair Value 5,989 5,356
Cash Equivalents 1,012 1,013
Short-Term Investments 2,011 1,850
Long-Term Investments 2,966 2,493
Debt Securities    
Debt Securities, Available-for-Sale [Line Items]    
Amortized Cost 5,993 5,339
Gross Unrealized Gains 3 13
Gross Unrealized Losses (11) 0
Fair Value 5,985 5,352
Cash Equivalents 1,012 1,013
Short-Term Investments 2,007 1,846
Long-Term Investments 2,966 2,493
Level 1 | Debt Securities    
Debt Securities, Available-for-Sale [Line Items]    
Amortized Cost 3,831 3,561
Gross Unrealized Gains 2 7
Gross Unrealized Losses (4) 0
Fair Value 3,829 3,568
Cash Equivalents 1,012 1,013
Short-Term Investments 1,429 1,427
Long-Term Investments 1,388 1,128
Level 1 | Equity Securities    
Debt Securities, Available-for-Sale [Line Items]    
Fair Value 4 4
Cash Equivalents 0 0
Short-Term Investments 4 4
Long-Term Investments 0 0
Level 2 | Debt Securities    
Debt Securities, Available-for-Sale [Line Items]    
Amortized Cost 2,162 1,778
Gross Unrealized Gains 1 6
Gross Unrealized Losses (7) 0
Fair Value 2,156 1,784
Cash Equivalents 0 0
Short-Term Investments 578 419
Long-Term Investments 1,578 1,365
Money market funds | Level 1 | Debt Securities    
Debt Securities, Available-for-Sale [Line Items]    
Amortized Cost 1,009 1,010
Gross Unrealized Gains 0 0
Gross Unrealized Losses 0 0
Fair Value 1,009 1,010
Cash Equivalents 1,009 1,010
Short-Term Investments 0 0
Long-Term Investments 0 0
U.S. Treasury securities | Level 1 | Debt Securities    
Debt Securities, Available-for-Sale [Line Items]    
Amortized Cost 2,822 2,551
Gross Unrealized Gains 2 7
Gross Unrealized Losses (4) 0
Fair Value 2,820 2,558
Cash Equivalents 3 3
Short-Term Investments 1,429 1,427
Long-Term Investments 1,388 1,128
U.S. agency securities | Level 2 | Debt Securities    
Debt Securities, Available-for-Sale [Line Items]    
Amortized Cost 679 542
Gross Unrealized Gains 0 0
Gross Unrealized Losses (4) 0
Fair Value 675 542
Cash Equivalents 0 0
Short-Term Investments 0 0
Long-Term Investments 675 542
Commercial paper | Level 2 | Debt Securities    
Debt Securities, Available-for-Sale [Line Items]    
Amortized Cost 424 325
Gross Unrealized Gains 0 0
Gross Unrealized Losses 0 0
Fair Value 424 325
Cash Equivalents 0 0
Short-Term Investments 424 325
Long-Term Investments 0 0
Corporate debt securities | Level 2 | Debt Securities    
Debt Securities, Available-for-Sale [Line Items]    
Amortized Cost 1,059 911
Gross Unrealized Gains 1 6
Gross Unrealized Losses (3) 0
Fair Value 1,057 917
Cash Equivalents 0 0
Short-Term Investments 154 94
Long-Term Investments 903 823
Mutual funds | Level 1 | Equity Securities    
Debt Securities, Available-for-Sale [Line Items]    
Fair Value 4 4
Cash Equivalents 0 0
Short-Term Investments 4 4
Long-Term Investments $ 0 $ 0
v3.26.1
Cash Equivalents and Investments - Additional Information (Details)
 3 Months Ended
Mar. 31, 2026
Debt Securities, Available-for-Sale [Line Items]  
Short-term debt investments contractual maturities period 1 year
Minimum  
Debt Securities, Available-for-Sale [Line Items]  
Long-term debt investments contractual maturities period 1 year
Maximum  
Debt Securities, Available-for-Sale [Line Items]  
Long-term debt investments contractual maturities period 5 years
v3.26.1
Cash Equivalents and Investments - Schedule of Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value (Details)
$ in Millions
Mar. 31, 2026
USD ($)
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]  
Less than 12 Months, Fair Value $ 2,946
Less than 12 Months, Unrealized Losses (11)
12 Months or Greater, Fair Value 0
12 Months or Greater, Unrealized Losses 0
Total, Fair Value 2,946
Total, Unrealized Losses (11)
U.S. Treasury securities  
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]  
Less than 12 Months, Fair Value 1,748
Less than 12 Months, Unrealized Losses (4)
12 Months or Greater, Fair Value 0
12 Months or Greater, Unrealized Losses 0
Total, Fair Value 1,748
Total, Unrealized Losses (4)
U.S. agency securities  
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]  
Less than 12 Months, Fair Value 676
Less than 12 Months, Unrealized Losses (4)
12 Months or Greater, Fair Value 0
12 Months or Greater, Unrealized Losses 0
Total, Fair Value 676
Total, Unrealized Losses (4)
Corporate debt securities  
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]  
Less than 12 Months, Fair Value 522
Less than 12 Months, Unrealized Losses (3)
12 Months or Greater, Fair Value 0
12 Months or Greater, Unrealized Losses 0
Total, Fair Value 522
Total, Unrealized Losses $ (3)
v3.26.1
Other Balance Sheet Components - Schedule of Prepaid Expenses and Other Current Assets (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Other Balance Sheet Components [Abstract]    
Prepaid expenses $ 86 $ 63
Accrued interest receivable 39 35
Other current assets 13 11
Total prepaid expenses and other current assets $ 138 $ 109
v3.26.1
Other Balance Sheet Components - Schedule of Property and Equipment, Net (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Property, Plant and Equipment [Line Items]    
Total property and equipment $ 1,589 $ 1,569
Less accumulated depreciation and amortization (740) (684)
Property and equipment—net 849 885
Servers and related equipment and software    
Property, Plant and Equipment [Line Items]    
Total property and equipment 1,165 1,065
Computer hardware and software licenses    
Property, Plant and Equipment [Line Items]    
Total property and equipment 59 59
Furniture and fixtures    
Property, Plant and Equipment [Line Items]    
Total property and equipment 3 2
Leasehold improvements    
Property, Plant and Equipment [Line Items]    
Total property and equipment 269 263
Construction in progress    
Property, Plant and Equipment [Line Items]    
Total property and equipment 12 11
Prepayments for purchase of equipment and construction in progress    
Property, Plant and Equipment [Line Items]    
Total property and equipment $ 81 $ 169
v3.26.1
Other Balance Sheet Components - Additional Information (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Other Balance Sheet Components [Abstract]    
Depreciation and amortization expense of property and equipment $ 60 $ 50
v3.26.1
Other Balance Sheet Components - Schedule of Accrued Expenses and Other Current Liabilities (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Other Balance Sheet Components [Abstract]    
Accrued operating expenses and liabilities $ 164 $ 67
Short-term operating lease liabilities $ 155 $ 151
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration] Total accrued expenses and other current liabilities Total accrued expenses and other current liabilities
Accrued interest on the 2030 Notes $ 16 $ 6
Taxes payable 79 99
Accrued compensation and other employee related liabilities 19 48
Short-term debt 0 15
Other current liabilities 2 10
Total accrued expenses and other current liabilities $ 435 $ 396
v3.26.1
Debt - Additional Information (Details) - USD ($)
$ in Millions
 3 Months Ended
Oct. 29, 2021
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Level 2 | Long-term Debt        
Short-term Debt [Line Items]        
Debt instrument, fair value disclosure   $ 943   $ 958
2030 Notes | Unsecured Debt        
Short-term Debt [Line Items]        
Debt instrument, aggregated principal amount $ 1,000      
Interest rate 3.875%      
Proceeds from debt, net of issuance costs $ 988      
Debt issuance costs $ 12      
Amortization of debt issuance costs   $ 10 $ 10  
Effective interest rate   4.05%    
2030 Notes | Unsecured Debt | Redemption Period, at Any Time Prior to November 1, 2024        
Short-term Debt [Line Items]        
Percentage of principal amount of debt redeemed (up to) 40.00%      
Debt instrument, redemption price, percentage 103.875%      
Debt instrument, redemption terms, threshold percentage of principal amount outstanding 50.00%      
Debt instrument, redemption terms, period 180 days      
2030 Notes | Unsecured Debt | Redemption Period, at Any Time Prior to November 1, 2024        
Short-term Debt [Line Items]        
Debt instrument, redemption price, percentage 100.00%      
2030 Notes | Unsecured Debt | Redemption Period, in Connection with Tender Offer        
Short-term Debt [Line Items]        
Debt instrument, redemption terms, percentage of outstanding debt hold by lender (no less than) 90.00%      
Debt Instrument, redemption terms, period following purchase date (not more than) 30 days      
2030 Notes | Unsecured Debt | Redemption Period, in Connection with Tender Offer | Minimum        
Short-term Debt [Line Items]        
Debt Instrument, redemption terms, prior notice period 10 days      
2030 Notes | Unsecured Debt | Redemption Period, in Connection with Tender Offer | Maximum        
Short-term Debt [Line Items]        
Debt Instrument, redemption terms, prior notice period 60 days      
2030 Notes | Unsecured Debt | Redemption Period, Certain Circumstances Involving Change of Control Event        
Short-term Debt [Line Items]        
Debt instrument, redemption price, percentage 101.00%      
v3.26.1
Debt - Schedule of Debt Instrument Redemption (Details) - 2030 Notes - Unsecured Debt
Oct. 29, 2021
2024  
Debt Instrument [Line Items]  
Debt instrument, redemption price, percentage 101.938%
2025  
Debt Instrument [Line Items]  
Debt instrument, redemption price, percentage 100.969%
2026 and thereafter  
Debt Instrument [Line Items]  
Debt instrument, redemption price, percentage 100.00%
v3.26.1
Debt - Schedule of Long-term Debt (Details) - 2030 Notes - Unsecured Debt - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Debt Instrument [Line Items]    
Principal $ 1,000 $ 1,000
Unamortized issuance costs (7) (7)
Net carrying amount $ 993 $ 993
v3.26.1
Commitments and Contingencies (Details)
 3 Months Ended
Mar. 31, 2026
USD ($)
Commitments and Contingencies Disclosure [Abstract]  
Letters of credit available, amount $ 0
Payments for legal settlements $ 57,000,000
v3.26.1
Stockholders' Equity - Schedule of Common Stock for Future Issuance (Details) - shares
shares in Thousands
Mar. 31, 2026
Dec. 31, 2025
Class of Stock [Line Items]    
Common stock shares reserved for future issuance (in shares) 210,647 175,582
Stock options outstanding    
Class of Stock [Line Items]    
Common stock shares reserved for future issuance (in shares) 8,267 9,178
Restricted Stock Units (“RSUs”) outstanding    
Class of Stock [Line Items]    
Common stock shares reserved for future issuance (in shares) 21,848 24,524
Performance Stock Units (“PSUs”) outstanding | Performance Stock Units (“PSUs”)    
Class of Stock [Line Items]    
Common stock shares reserved for future issuance (in shares) 2,822 2,719
2020 Equity Incentive Plan    
Class of Stock [Line Items]    
Common stock shares reserved for future issuance (in shares) 144,733 112,747
2020 Employee Stock Purchase Plan    
Class of Stock [Line Items]    
Common stock shares reserved for future issuance (in shares) 32,632 26,072
Other awards and warrants outstanding or unreleased    
Class of Stock [Line Items]    
Common stock shares reserved for future issuance (in shares) 345 342
v3.26.1
Stock-Based Compensation Expense - Schedule of Stock-Based Compensation Expense (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]    
Total stock-based compensation expense $ 275 $ 259
Infrastructure and trust & safety    
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]    
Total stock-based compensation expense 35 34
Research and development    
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]    
Total stock-based compensation expense 192 177
General and administrative    
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]    
Total stock-based compensation expense 37 36
Sales and marketing    
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]    
Total stock-based compensation expense $ 11 $ 12
v3.26.1
Stock-Based Compensation Expense - Schedule of Stock Option Activity (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Number of Shares Subject to Options (in thousands)    
Beginning balance (in shares) 9,178  
Cancelled, forfeited, and expired (in shares) (17)  
Exercised (in shares) (894)  
Ending balance (in shares) 8,267 9,178
Weighted-Average Exercise Price (per Option)    
Beginning balance (in dollars per share) $ 3.64  
Cancelled, forfeited, and expired (in dollars per share) 1.05  
Exercised (in dollars per share) 3.54  
Ending balance (in dollars per share) $ 3.66 $ 3.64
Weighted-Average Remaining Contractual Term (Years) 2 years 10 months 6 days 3 years 25 days
Aggregate Intrinsic Value (in millions) $ 437 $ 710
v3.26.1
Stock-Based Compensation Expense - Schedule of Restricted Stock Units and Restricted Stock Awards Activity (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Weighted-Average Grant Date Fair Value (per Share)    
Stock-based compensation expense $ 275 $ 259
Restricted Stock Units (“RSUs”) outstanding    
Number of Shares (in thousands)    
Beginning balance (in shares) 24,524  
Granted (in shares) 3,284  
Vested (in shares) (5,012)  
Cancelled (in shares) (948)  
Ending balance (in shares) 21,848  
Weighted-Average Grant Date Fair Value (per Share)    
Beginning balance (in dollars per share) $ 63.59  
Granted (in dollars per share) 71.45  
Vested (in dollars per share) 53.47  
Cancelled (in dollars per share) 61.66  
Ending balance (in dollars per share) $ 67.18  
PSUs    
Number of Shares (in thousands)    
Beginning balance (in shares) 1,826  
Granted (in shares) 773  
Vested (in shares) (411)  
Cancelled (in shares) (124)  
Ending balance (in shares) 2,064  
Weighted-Average Grant Date Fair Value (per Share)    
Beginning balance (in dollars per share) $ 51.78  
Granted (in dollars per share) 72.52  
Vested (in dollars per share) 41.32  
Cancelled (in dollars per share) 52.30  
Ending balance (in dollars per share) $ 61.60  
Stock-based compensation expense $ 7 $ 6
v3.26.1
Stock-Based Compensation Expense - Additional Information (Details)
$ in Millions
 1 Months Ended 3 Months Ended
Mar. 01, 2024
USD ($)
measure
installment
shares
Feb. 28, 2021
shares
Mar. 31, 2026
USD ($)
shares
Mar. 31, 2025
USD ($)
Dec. 31, 2025
shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Allocated share based compensation | $     $ 275 $ 259  
2024 CEO PSUs and RSUs          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Allocated share based compensation | $ $ 84        
Share-based payment arrangement, nonvested award, cost not yet recognized, percentage 75.00%        
2020 Employee Stock Purchase Plan          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Allocated share based compensation | $     $ 7 4  
Restricted Stock Units (“RSUs”) outstanding          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Vested (in shares)     5,012,000    
Granted (in shares)     3,284,000    
Restricted Stock Units (“RSUs”) outstanding | CEO Long Term Performance Award          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Share-based payment arrangement, nonvested award, cost not yet recognized, amount | $ $ 84        
Performance-Based Restricted Stock Units (RSUs) | 2024 CEO PSUs and RSUs          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Service period 3 years        
Allocated share based compensation | $     $ 5 $ 7  
Share-based payment arrangement, nonvested award, cost not yet recognized, percentage 25.00%        
Performance period 2 years        
Number of performance measures | measure 2        
PSU target number of shares (in shares) 446,534       893,068
Share-based compensation arrangement by share-based payment award, target number of shares, performance measures of cumulative, percentage 80.00%        
Share-based compensation arrangement by share-based payment award, target number of shares, adjusted EBITDA, percentage 20.00%        
Vested (in shares)     598,355    
Granted (in shares) 148,844        
Performance-Based Restricted Stock Units (RSUs) | 2024 CEO PSUs and RSUs | Tranche One          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Share-based compensation arrangement by share-based payment award, award vesting rights, percentage 67.00%        
Number of installments | installment 4        
Performance-Based Restricted Stock Units (RSUs) | 2024 CEO PSUs and RSUs | Tranche Two          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Share-based compensation arrangement by share-based payment award, award vesting rights, percentage 33.00%        
Performance-Based Restricted Stock Units (RSUs) | 2024 CEO PSUs and RSUs | Minimum          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Percentage of shares earned of the target number of shares 0.00%        
Performance-Based Restricted Stock Units (RSUs) | 2024 CEO PSUs and RSUs | Maximum          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Percentage of shares earned of the target number of shares 200.00%        
Founder CEO | Restricted Stock Units (“RSUs”) outstanding | CEO Long Term Performance Award          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Number of RSUs eligible to vest (in shares)   11,500,000      
Founder CEO | Restricted Stock Units (“RSUs”) outstanding | CEO Long Term Performance Award | Common Class A          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Service period   5 years      
v3.26.1
Accumulated Other Comprehensive Income/(Loss) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]    
Balance beginning $ 375 $ 209
Other comprehensive income/(loss), net of tax (22) 9
Balance ending 411 297
Total    
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]    
Balance beginning 17 (4)
Other comprehensive income/(loss), net of tax, before reclassifications (21)  
Amounts reclassified from accumulated other comprehensive income/(loss), net of tax (1)  
Other comprehensive income/(loss), net of tax (22) 9
Balance ending (5) $ 5
Foreign Currency Translation    
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]    
Balance beginning 4  
Other comprehensive income/(loss), net of tax, before reclassifications (1)  
Amounts reclassified from accumulated other comprehensive income/(loss), net of tax 0  
Other comprehensive income/(loss), net of tax (1)  
Balance ending 3  
Unrealized Gains/ (Losses) on Available-For-Sale Debt Securities    
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]    
Balance beginning 13  
Other comprehensive income/(loss), net of tax, before reclassifications (20)  
Amounts reclassified from accumulated other comprehensive income/(loss), net of tax (1)  
Other comprehensive income/(loss), net of tax (21)  
Balance ending $ (8)  
v3.26.1
Joint Venture (Details) - USD ($)
$ in Millions
 1 Months Ended
May 10, 2023
Feb. 28, 2019
6.0% Notes Due 2026 | Unsecured Debt    
Schedule of Equity Method Investments [Line Items]    
Interest rate 6.00%  
Roblox China Holding Corp    
Schedule of Equity Method Investments [Line Items]    
Equity method investment ownership percentage   51.00%
Roblox China Holding Corp | 6.0% Notes Due 2026    
Schedule of Equity Method Investments [Line Items]    
Proceeds from debt, net of issuance costs $ 15  
Roblox China Holding Corp | 6.0% Notes Due 2026 | Unsecured Debt    
Schedule of Equity Method Investments [Line Items]    
Debt instrument, aggregated principal amount $ 30  
Debt instrument, term of maturity date extension 2 years  
Roblox China Holding Corp | Songhua River Investment Limited    
Schedule of Equity Method Investments [Line Items]    
Minority interest percentage in joint venture   49.00%
Roblox China Holding Corp | Songhua River Investment Limited    
Schedule of Equity Method Investments [Line Items]    
Contribution by non controlling interest to the joint venture   $ 50
Roblox China Holding Corp | Songhua River Investment Limited | 6.0% Notes Due 2026    
Schedule of Equity Method Investments [Line Items]    
Proceeds from debt, net of issuance costs $ 15  
v3.26.1
Basic and Diluted Net Loss Per Common Share - Schedule of Calculation of Basic and Diluted Net Loss Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Numerator    
Consolidated net loss $ (248) $ (216)
Less: net loss attributable to noncontrolling interest (2) (1)
Net loss attributable to common stockholders $ (246) $ (215)
Denominator    
Weighted-average common shares used in computing net loss per share attributable to common stockholders, basic (in shares) 711,697 671,657
Weighted-average common shares used in computing net loss per share attributable to common stockholders, diluted (in shares) 711,697 671,657
Net loss per share attributable to common stockholders, basic (in dollars per share) $ (0.35) $ (0.32)
Net loss per share attributable to common stockholders, diluted (in dollars per share) $ (0.35) $ (0.32)
v3.26.1
Basic and Diluted Net Loss Per Common Share - Schedule of Antidilutive Securities (Details) - shares
shares in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Antidilutive securities excluded from computation of earnings per share (in share) 33,305 56,948
Stock options outstanding    
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Antidilutive securities excluded from computation of earnings per share (in share) 8,267 22,815
RSUs outstanding    
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Antidilutive securities excluded from computation of earnings per share (in share) 21,848 32,758
2020 ESPP    
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Antidilutive securities excluded from computation of earnings per share (in share) 1,868 832
Other awards and warrants outstanding or unreleased    
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Antidilutive securities excluded from computation of earnings per share (in share) 1,322 543
v3.26.1
Reportable Segments - Schedule of Represents Segment Revenue, Significant Segment Expenses, and Other Segment Items (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Segment Reporting [Abstract]    
Revenue $ 1,442 $ 1,035
Cost of revenue [1] (294) (225)
Developer exchange fees (423) (282)
Adjusted infrastructure expenses (185) (130)
Adjusted trust & safety expenses (85) (68)
Personnel costs, excluding stock-based compensation expense and excluding infrastructure and trust & safety personnel costs (252) (208)
Stock-based compensation expense, excluding infrastructure and trust & safety stock-based compensation expense (240) (225)
Depreciation and amortization expense (61) (54)
Other segment items (194) (94)
Interest income 55 46
Interest expense (10) (10)
(Provision for)/benefit from income taxes (1) (1)
Consolidated net loss $ (248) $ (216)
[1] Depreciation of servers and infrastructure equipment included in infrastructure and trust & safety.