Roblox Expects Seasonal Orders to Reach $52.9 Billion Amid Strong Q1 Growth

According to PANews, Roblox, a leading metaverse platform, has announced that its gaming players remain unaffected by tariffs. The company anticipates its lowest seasonal order volume, based on in-game spending, to range between $52.9 billion and $53.6 billion. This is an increase from the previous forecast of $52 billion to $53 billion. Data from LSEG reveals that Roblox's first-quarter order value surged by 31%, reaching $12.1 billion, surpassing analysts' expectations of $11.4 billion. Roblox CEO David Baszucki stated that the developer community on the platform is projected to generate over $10 billion in revenue.