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Revenue from Contracts with Customers
 9 Months Ended
Sep. 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 September 30,
 20222021
 AmountPercentage
of
Revenue		AmountPercentage
of
Revenue
United States and Canada (1)
$341,519 66 %$345,611 68 %
Europe92,347 18 94,522 19 
Asia-Pacific, including Australia and New Zealand48,573 9 37,529 7 
Rest of world35,268 7 31,674 6 
Total$517,707 100 %$509,336 100 %
 
Nine Months Ended September 30,
 20222021
 AmountPercentage
of
Revenue		AmountPercentage
of
Revenue
United States and Canada (1)
$1,088,535 66 %$919,322 68 %
Europe299,860 18 252,166 19 
Asia-Pacific, including Australia and New Zealand147,568 9 98,891 7 
Rest of world110,085 7 80,033 6 
Total$1,646,048 100 %$1,350,412 100 %
(1)The Company’s revenues in the U.S. were 62% of consolidated net revenues for each of the three and nine months ended September 30, 2022, respectively and 64% for each of the three and nine months ended September 30, 2021.
No individual country, other than those disclosed above, exceeded 10% of the Company’s total revenue for any period presented.
Durable virtual items accounted for 89% and 90% of Roblox Platform revenue for the three and nine months ended September 30, 2022, respectively, and 90% and 88% for the three and nine months ended September 30, 2021, respectively.
Consumable virtual items accounted for 11% and 10% of Roblox Platform revenue for the three and nine months ended September 30, 2022, respectively, and 10% and 12% for the three and nine months ended September 30, 2021, 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 the Company generally within 30 days.
Deferred revenue mostly consists of payments the Company receives from users in advance of revenue recognition. During the three months ended September 30, 2022 and 2021, $427.5 million and $421.9 million, respectively, of revenue was recognized that was included in the current portion deferred revenue balance at the beginning of the periods. During the nine months ended September 30, 2022 and 2021, $1,176.4 million and $835.2 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, 2022, the aggregate amount of revenue allocated to unsatisfied performance obligations is included in the Company’s deferred revenue balances. As of September 30, 2022, the Company expects to recognize $1,750.9 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.