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Statement
Assets, liabilities and equity aligned across the annual filing history, in USD millions.
Assets
+33.2% YoYReported for FY 2025
Liabilities
+31.8% YoYReported for FY 2025
Equity
+78.1% YoYReported for FY 2025
Equity mix
+1.0 ppEquity share of the capital base
Table view
Every figure is the balance as filed. Each filing badge opens the SEC index page for that fiscal year.
Structure
Assets plotted against the liabilities and equity stack, so you can see how the balance sheet is financed.
Liabilities and equity stack to the capital base; assets are the dashed reference line.
Composition
The same split read as a share of total capital rather than in absolute dollars.
Percentages are measured against total capital for each fiscal year.
Trend
How assets, liabilities and equity have moved across the annual balance sheet window.
Switching between bar and line keeps the selected year order.
Commentary
This explanation uses an earlier data snapshot or evidence version. Compare its generation date with the current filing figures.
Earlier AI snapshot · Generated Jul 5, 2026. The filing-backed figures above are the current source of truth.
Roblox Corporation’s balance sheet expanded steadily over the five-year period, with total assets rising from about $4.6 billion in 2021 to $9.6 billion in 2025, more than doubling overall. Liabilities also increased sharply, from about $4.0 billion to $9.2 billion over the same span, indicating that much of the company’s asset growth was funded through obligations rather than equity alone. This pattern is consistent with a high-growth, platform-based technology business that continues to invest heavily in infrastructure, content, and deferred revenue-related balances. Stockholders’ equity was more volatile. It started at about $592.9 million in 2021, fell to $305.0 million in 2022 and then to just $68.6 million in 2023, before rebounding to $221.4 million in 2024 and $394.5 million in 2025. The sharp dip in 2023 stands out and suggests a period of pressure on retained earnings or balance-sheet mix, while the recovery in 2024–2025 points to improving capital formation. Overall, Roblox remains asset-rich but highly leveraged relative to equity, a common trait for rapidly scaling digital platforms, though the thin equity cushion means the company’s financial flexibility is more sensitive to operating volatility than that of a more mature business.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.