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Side-by-side financial comparison of Brookfield Asset Management Ltd. (BAM) and Roblox Corp (RBLX). Click either name above to swap in a different company.

Roblox Corp is the larger business by last-quarter revenue ($1.4B vs $1.1B, roughly 1.3× Brookfield Asset Management Ltd.). Brookfield Asset Management Ltd. runs the higher net margin — 56.7% vs -22.3%, a 79.0% gap on every dollar of revenue.

Brookfield Asset Management Ltd. is a Canadian-American alternative asset manager. The company was founded in December 2022 as a spin-off of the asset management operations of Brookfield Corporation, and manages investments across real estate, infrastructure, renewable energy, private equity, and credit markets globally.

Roblox Corporation is an American video game developer based in San Mateo, California. Founded in 2004 by David Baszucki and Erik Cassel, the company is the developer of Roblox, a game platform, which was released in 2006. As of December 31, 2024, the company employs over 2,400 people.

BAM vs RBLX — Head-to-Head

Bigger by revenue
RBLX
RBLX
1.3× larger
RBLX
$1.4B
$1.1B
BAM
Higher net margin
BAM
BAM
79.0% more per $
BAM
56.7%
-22.3%
RBLX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BAM
BAM
RBLX
RBLX
Revenue
$1.1B
$1.4B
Net Profit
$615.0M
$-316.0M
Gross Margin
77.7%
Operating Margin
84.2%
-25.3%
Net Margin
56.7%
-22.3%
Revenue YoY
43.2%
Net Profit YoY
-43.9%
EPS (diluted)
$-0.44

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BAM
BAM
RBLX
RBLX
Q4 25
$1.1B
$1.4B
Q3 25
$974.0M
$1.4B
Q2 25
$931.0M
$1.1B
Q1 25
$954.0M
$1.0B
Q4 24
$988.2M
Q3 24
$873.0M
$919.0M
Q2 24
$821.0M
$893.5M
Q1 24
$786.0M
$801.3M
Net Profit
BAM
BAM
RBLX
RBLX
Q4 25
$615.0M
$-316.0M
Q3 25
$692.0M
$-255.6M
Q2 25
$584.0M
$-278.4M
Q1 25
$507.0M
$-215.1M
Q4 24
$-219.6M
Q3 24
$537.0M
$-239.3M
Q2 24
$124.0M
$-205.9M
Q1 24
$373.0M
$-270.6M
Gross Margin
BAM
BAM
RBLX
RBLX
Q4 25
77.7%
Q3 25
78.2%
Q2 25
78.2%
Q1 25
78.3%
Q4 24
77.9%
Q3 24
77.7%
Q2 24
77.8%
Q1 24
77.7%
Operating Margin
BAM
BAM
RBLX
RBLX
Q4 25
84.2%
-25.3%
Q3 25
79.1%
-21.8%
Q2 25
70.8%
-29.8%
Q1 25
61.0%
-24.6%
Q4 24
-24.7%
Q3 24
72.5%
-30.4%
Q2 24
80.4%
-26.6%
Q1 24
56.5%
-37.7%
Net Margin
BAM
BAM
RBLX
RBLX
Q4 25
56.7%
-22.3%
Q3 25
71.0%
-18.8%
Q2 25
62.7%
-25.8%
Q1 25
53.1%
-20.8%
Q4 24
-22.2%
Q3 24
61.5%
-26.0%
Q2 24
15.1%
-23.0%
Q1 24
47.5%
-33.8%
EPS (diluted)
BAM
BAM
RBLX
RBLX
Q4 25
$-0.44
Q3 25
$-0.37
Q2 25
$-0.41
Q1 25
$-0.32
Q4 24
$-0.32
Q3 24
$-0.37
Q2 24
$-0.32
Q1 24
$-0.43

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BAM
BAM
RBLX
RBLX
Cash + ST InvestmentsLiquidity on hand
$1.6B
$3.1B
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$8.9B
$394.5M
Total Assets
$17.0B
$9.6B
Debt / EquityLower = less leverage
2.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAM
BAM
RBLX
RBLX
Q4 25
$1.6B
$3.1B
Q3 25
$1.1B
$2.9B
Q2 25
$480.0M
$2.6B
Q1 25
$332.0M
$2.7B
Q4 24
$2.4B
Q3 24
$2.3B
Q2 24
$10.0M
$2.4B
Q1 24
$2.4B
Total Debt
BAM
BAM
RBLX
RBLX
Q4 25
$1.2B
Q3 25
Q2 25
Q1 25
Q4 24
$1.2B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BAM
BAM
RBLX
RBLX
Q4 25
$8.9B
$394.5M
Q3 25
$8.5B
$407.6M
Q2 25
$8.5B
$353.2M
Q1 25
$8.5B
$310.7M
Q4 24
$221.4M
Q3 24
$9.0B
$189.9M
Q2 24
$3.2B
$121.5M
Q1 24
$2.2B
$71.6M
Total Assets
BAM
BAM
RBLX
RBLX
Q4 25
$17.0B
$9.6B
Q3 25
$16.5B
$8.6B
Q2 25
$16.1B
$7.8B
Q1 25
$15.0B
$7.5B
Q4 24
$7.2B
Q3 24
$6.7B
Q2 24
$4.2B
$6.5B
Q1 24
$6.3B
Debt / Equity
BAM
BAM
RBLX
RBLX
Q4 25
2.98×
Q3 25
Q2 25
Q1 25
Q4 24
5.48×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BAM
BAM
RBLX
RBLX
Operating Cash FlowLast quarter
$562.0M
$607.0M
Free Cash FlowOCF − Capex
$308.6M
FCF MarginFCF / Revenue
21.8%
Capex IntensityCapex / Revenue
21.1%
Cash ConversionOCF / Net Profit
0.91×
TTM Free Cash FlowTrailing 4 quarters
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAM
BAM
RBLX
RBLX
Q4 25
$562.0M
$607.0M
Q3 25
$745.0M
$546.2M
Q2 25
$529.0M
$199.3M
Q1 25
$265.0M
$443.9M
Q4 24
$184.5M
Q3 24
$567.0M
$247.4M
Q2 24
$159.0M
$151.4M
Q1 24
$516.0M
$238.9M
Free Cash Flow
BAM
BAM
RBLX
RBLX
Q4 25
$308.6M
Q3 25
$443.6M
Q2 25
$176.7M
Q1 25
$426.5M
Q4 24
$120.6M
Q3 24
$218.0M
Q2 24
$111.7M
Q1 24
$192.3M
FCF Margin
BAM
BAM
RBLX
RBLX
Q4 25
21.8%
Q3 25
32.6%
Q2 25
16.3%
Q1 25
41.2%
Q4 24
12.2%
Q3 24
23.7%
Q2 24
12.5%
Q1 24
24.0%
Capex Intensity
BAM
BAM
RBLX
RBLX
Q4 25
21.1%
Q3 25
7.5%
Q2 25
2.1%
Q1 25
1.7%
Q4 24
6.5%
Q3 24
3.2%
Q2 24
4.4%
Q1 24
5.8%
Cash Conversion
BAM
BAM
RBLX
RBLX
Q4 25
0.91×
Q3 25
1.08×
Q2 25
0.91×
Q1 25
0.52×
Q4 24
Q3 24
1.06×
Q2 24
1.28×
Q1 24
1.38×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BAM
BAM

Incentive Fees$452.0M42%
Infrastruture$332.0M31%
Private Equity$174.0M16%
Renewable Power And Transition$66.0M6%
Other$47.0M4%
Management And Advisory Fees$14.0M1%

RBLX
RBLX

Segment breakdown not available.

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