u/TheCashFlowCritic

After a strong weekend for concurrent users 2 weekends ago, Roblox showed a sequential decline in average concurrent users of ~ 2% this past weekend. Saturday was still decent but Sunday showed a more significant decline.

Citi also came out saying that peak concurrent users were down 5% YOY this past weekend. This caused the stock to tank 8% today.

Although this sounds negative, I think engagement is fine.

Here’s why: after further analysis, it appears that the seasonal timing of Father’s Day historically causes a sequential decline in weekend concurrent users, especially on Sunday.

Attached shows a chart of Sunday average CCU (source: RoMonitor) as % of prior Sunday for weeks 19-26 of 2022-2026. In 2022, 2023 and 2026, Father’s Day weekend landed on the 25th week, all 3 showing a similar sequential decline. In 2024 and 2025 the Father’s Day weekend landed on the 24th week. 2024 again showing a similar decline to 2026. 2025 also showed a dip in the sequential growth rate also lining up with Father’s Day weekend the 24th week.

Not only that, but Fortnite also showed a w/w decline in Sunday concurrent users, further supporting the possibility that last weekend’s engagement decline was probably seasonal.

As a result, I believe this last weekend was a temporary drop and could see concurrent users bouncing back over the next couple weeks as the holiday timing passes.

That said, Roblox average CCU is flat Y/Y which doesn’t sound too bad considering how impressive 2025 was.

Would love to hear your guys thoughts!

Hi everyone,

Per RoMonitor Stats, weekend average concurrent users jumped 11% week-over-week to the highest level since February. After many months of Roblox concurrent users down trending post-2025 content cycle + 2026 safety headwinds, Roblox had started to show encouraging signs of stabilization in concurrent users since late April. I’m happy to share that recently, Roblox is now showing signs of acceleration with this substantial jump over the weekend.

Compared to 2024 and 2025, this past weekend marks the strongest percentage sequential jump in concurrent users in any weekend. When you compare the past 4 weeks against 2025 and 2024, the typical summer bump for the weekend was ~ 2% in 2024 and 3-5% each weekend in 2025.

Content virality appears to be picking up. +1 speed keyboard escape hit a peak CCU of nearly 4M this past weekend and grow a garden 2 successfully launched Friday maintaining a strong player count. Russia also unbanned Roblox a few days ago, which may have contributed to the recovery. Per the recent conference call, the Russia block explained ~ 4M of the loss in DAUs, or a 2.7% impact.