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Revenue from Contracts with Customers
 9 Months Ended
Sep. 30, 2021
Disaggregation of Revenue [Abstract]  
Revenue from Contracts with Customers Revenue from Contracts with Customers
Disaggregation of Revenue
The following table summarizes revenue by region based on the billing country of users:
 Three Months Ended September 30,
 20212020
 AmountPercentage
of
Revenue		AmountPercentage
of
Revenue
United States and Canada (1)
$345,611 68 %$173,872 69 %
Europe94,522 19 46,398 18 
Asia-Pacific, including Australia and New Zealand37,529 7 19,060 8 
Rest of world31,674 6 12,584 5 
Total$509,336 100 %$251,914 100 %
 Nine Months Ended September 30,
 20212020
 AmountPercentage
of
Revenue		AmountPercentage
of
Revenue
United States and Canada (1)
$919,322 68 %$426,289 69 %
Europe252,166 19 110,839 18 
Asia-Pacific, including Australia and New Zealand98,891 7 47,017 8 
Rest of world80,033 6 29,731 5 
Total$1,350,412 100 %$613,876 100 %
 
(1)The Company’s net revenues in the U.S. were 64% of consolidated net revenues for each of the three and nine months ended September 30, 2021, and 65% for each of the three and nine months ended September 30, 2020.
No individual country, other than those disclosed above, exceeded 10% of our total revenue for any period presented.
Durable virtual items accounted for 90% and 88% of Roblox Platform revenue for the three and nine months ended September 30, 2021, respectively and 88% and 87% for the three and nine months ended September 30, 2020, respectively.
Consumable virtual items accounted for 10% and 12% of Roblox Platform revenue for the three and nine months ended September 30, 2021, respectively and 12% and 13% for the three and nine months ended September 30, 2020, respectively.
Contract Balances and 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. Further, payments made by the Company’s users are collected by payment processors and remitted to us generally within 30 days.
Deferred revenue mostly consists of payments we receive from users in advance of revenue recognition. During the three months ended September 30, 2021 and 2020, $421.9 million and $192.2 million, respectively, of revenue was recognized that was included in the current portion deferred revenue balance at the beginning of the periods. During the nine months ended September 30, 2021 and 2020, $835.2 million and $340.2 million, respectively, of revenue was recognized that was included in the current portion deferred revenue balance at the beginning of the periods.
As of September 30, 2021, the aggregate amount of revenue allocated to unsatisfied performance obligations is included in our deferred revenue balances. As of September 30, 2021, the Company expects to recognize $1,621.2 million, as revenue over the next 12 months, and the remainder thereafter.
As mentioned above, the Company bills in advance of its performance obligations and as such, does not have unbilled receivables.