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Revenue from Contracts with Customers
 6 Months Ended
Jun. 30, 2022
Disaggregation of Revenue [Abstract]  
Revenue from Contracts with Customers Revenue from Contracts with Customers
See Note 2, “Basis of Presentation and Summary of Significant Accounting Policies” to the Notes to Condensed Consolidated Financial Statements for information on the change in the paying user life estimate.
Disaggregation of Revenue
The following table summarizes revenue by region based on the billing country of users (in thousands, except percentages):
 
Three Months Ended June 30,
 20222021
 AmountPercentage
of
Revenue		AmountPercentage
of
Revenue
United States and Canada (1)
$390,360 66 %$309,203 68 %
Europe108,311 18 85,042 19 
Asia-Pacific, including Australia and New Zealand53,005 9 33,050 7 
Rest of world39,531 7 26,805 6 
Total$591,207 100 %$454,100 100 %
 
Six Months Ended June 30,
 20222021
 AmountPercentage
of
Revenue		AmountPercentage
of
Revenue
United States and Canada (1)
$747,016 66 %$573,711 68 %
Europe207,513 18 157,644 19 
Asia-Pacific, including Australia and New Zealand98,995 9 61,362 7 
Rest of world74,817 7 48,359 6 
Total$1,128,341 100 %$841,076 100 %
(1)The Company’s net revenues in the U.S. were 62% of consolidated net revenues for each of the three and six months ended June 30, 2022, respectively and 64% for each of the three and six months ended June 30, 2021.
No individual country, other than those disclosed above, exceeded 10% of our total revenue for any period presented.
Durable virtual items accounted for 92% and 91% of Roblox Platform revenue for each of the three and six months ended June 30, 2022 and 88% for each of the three and six months ended June 30, 2021.
Consumable virtual items accounted for 8% and 9% of Roblox Platform revenue for each of the three and six months ended June 30, 2022, respectively and 12% for each of the three and six months ended June 30, 2021.
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 June 30, 2022 and 2021, $508.8 million and $360.9 million, respectively, of revenue was recognized that was included in the current portion deferred revenue balance at the beginning of the periods. During the six months ended June 30, 2022 and 2021, $878.2 million and $577.0 million, respectively, of revenue was recognized that was included in the current portion deferred revenue balance at the beginning of the periods.
As of June 30, 2022, the aggregate amount of revenue allocated to unsatisfied performance obligations is included in our deferred revenue balances. As of June 30, 2022, the Company expects to recognize $1,807.6 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.