Revenue from Contracts with Customers

3 Months Ended

Mar. 31, 2023

Disaggregation of Revenue [Abstract]

Revenue from Contracts with Customers

3. Revenue from Contracts with Customers

Disaggregation of Revenue

The following table summarizes revenue by region based on the billing country of users (in thousands, except percentages):

	Three Months Ended March 31,
	2023				2022
	Amount		Percentage of Revenue		Amount		Percentage of Revenue
United States and Canada (1)	$	425,763	65	%	$	356,656	66	%
Europe	118,530		18		99,202		18
Asia-Pacific, including Australia and New Zealand	65,128		10		45,990		9
Rest of world	45,923		7		35,286		7
Total	$	655,344	100	%	$	537,134	100	%

(1)The Company’s revenues in the United States were 61% of total revenue for the three months ended March 31, 2023 and 62% for the three months ended March 31, 2022.

No individual country, other than the United States, exceeded 10% of the Company’s total revenue for any period presented.

Durable virtual items accounted for 90% of Roblox Platform revenue for each of the three months ended March 31, 2023 and March 31, 2022, while consumable virtual items accounted for 10% of Roblox Platform revenue for each of the three months ended March 31, 2023 and March 31, 2022.

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. The aggregate amount of revenue allocated to unsatisfied performance obligations is included in our deferred revenue balances.

The increase in deferred revenue for the quarter ended March 31, 2023 was driven by sales during the period exceeding revenue recognized from the satisfaction of our performance obligations, which includes the revenue recognized during the period that was included in the current portion of deferred revenue at the beginning of the period. During the three months ended March 31, 2023, we recognized $562.7 million of revenue that was included in the current deferred revenue balance as of December 31, 2022.