As of Q4'25, Roblox's operating income stands at -359M USD, representing a year-over-year decline of 47%. This marks the lowest operating income within the observed period from Q1'23 to Q4'25. From Q1'23 to Q2'24, operating income remained negative but showed some improvement, reaching a relative high of -238M USD in Q2'24, accompanied by a positive YoY growth of 24%. However, after this point, the trend reversed, with operating income deteriorating again and YoY growth turning sharply negative in Q2'25 (-36%) and Q4'25 (-47%). The data indicates persistent losses with brief periods of improvement, followed by renewed declines, highlighting ongoing volatility and challenges in achieving sustained operational profitability.