User Metrics - Average Daily Active Users (DAUs) are defined as users who log in and visit the platform on a unique registered account on a given calendar day, with DAUs for a specified period being the average for that period[17]. - The accuracy of user metrics may be impacted by factors such as botting and unauthorized access, which can lead to overstatements of DAUs[19][16]. - Total hours engaged are calculated as the aggregate of user session lengths, which may vary across devices and platforms, and are tracked to measure user engagement[20][21]. - The company is exploring technology to obtain greater granularity in user demographic estimates, which may affect comparability of metrics over time[15]. Financial Metrics - Bookings represent sales activity in a given period, primarily from virtual currency sales, and are recorded in deferred revenue, recognized over the estimated lifetime of a paying user, which was 27 months as of March 31, 2025[23][24]. - Average Bookings per Daily Active User (ABPDAU) is calculated by dividing bookings in a given period by the DAUs for that period, providing insight into monetization across users[27]. - The average new monthly unique payers are defined as user accounts making their first payment during a given month, while returning monthly unique payers are those who have made payments in the current and prior months[29][30]. - The monthly repurchase rate is calculated as returning monthly unique payers in the current month divided by the sum of the prior month's new and returning monthly unique payers[31]. Debt and Interest Rates - As of March 31, 2025, a hypothetical 100 basis points increase in interest rates would have resulted in a decrease in the fair values of the company's debt securities by approximately $32.9 million[233]. - The company issued $1.0 billion aggregate principal amount of the 2030 Notes, with interest payable semiannually, and the entire principal amount due at maturity on May 1, 2030[235].
Roblox(RBLX) - 2025 Q1 - Quarterly Report