🔹 Bookings: $1.21B (est. $1.14B) 🟢 (▲ 31% YoY)
🔹 Adj EPS: -$0.40 (Est. $0.32) 🟢
🔹 Revenue: $1.04B (▲ 29% YoY)
🔹 Adj EBITDA: $58M (ex-deferral adj. of +$147M)
User & Engagement Metrics
🔹 DAUs: 97.8M (▲ 26% YoY)
🔹 Hours Engaged: 21.7B (▲ 30% YoY)
🔹 Avg Bookings per DAU (ABPDAU): $12.34 (▲ 4% YoY)
🔹 Monthly Unique Payers: 20.2M (▲ 29% YoY)
🔹 Avg Bookings per Monthly Unique Payer: $19.92
Other Key Metrics:
🔹 Free Cash Flow: $426.5M (▲ 123% YoY)
🔹 Operating Cash Flow: $443.9M (▲ 86% YoY)
🔸 Creator earnings hit a quarterly record $281.6M
🔸 Over 100 devs earned $1M+ in last 12 months
🔹 Total Cash & Investments: $4.51B
🔹 Net Liquidity: $3.50B
Q2'25 Guidance
🔹 Revenue: $1.02B–$1.045B
🔹 Bookings: $1.165B–$1.19B
🔹 Adj EBITDA: $25M–$45M
🔹 FCF: $105M–$120M
🔸 Includes $30M payout delayed from Q1
🔸 Adjusted for timing, FCF guide would be $135M–$150M (▲ 21–34% YoY)
FY25 Outlook (Updated)
🔹 Revenue: $4.29B–$4.365B
🔹 Bookings: $5.285B–$5.36B
🔹 Adj EBITDA: $205M–$265M
🔹 Free Cash Flow: $885M–$930M
🔹 CapEx: $285M