Company research
JOYY Inc.
CIK 1530238Updated Oct 6, 2026
SecurityJOYY · NASDAQ · adr
Name history
YY Inc. · through Dec 20, 2019
JOYY price & chart
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NASDAQ:JOYY on TradingView ↗About the company
JOYY (NASDAQ: JOYY) is a leading global technology company, dedicated to building a self-reinforcing ecosystem that integrates social entertainment, programmatic advertising, and omnichannel e-commerce infrastructure, powered by AI and data intelligence. Headquartered in Singapore and operating across the globe, JOYY empowers creators, merchants and enterprises worldwide. JOYY’s ADSs have been listed on the NASDAQ since November 2012.
In the news
JOYY Reports Second Quarter 2025 Financial Results: Ad Tech Business Gained Momentum, with Non-livestreaming Revenue Growing 25.6% YoY USA - English APAC - Traditional Chinese APAC - English News provided by JOYY Inc. Aug 26, 2025, 23:10 ET Share this article Share to X Share this article Share to X ↗
Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 7,552,488,000Source | 7,527,797,000Source | 8,483,865,000Source | 9,071,653,000Source |
| Property, Plant and Equipment, NetUSD | 565,124,000Source | 499,723,000Source | 390,681,000Source | 343,201,000Source |
| GoodwillUSD | 2,194,358,000Source | 2,194,324,000Source | 2,649,281,000Source | 2,649,307,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 221,963,000Source | 277,257,000Source | 333,715,000Source | 398,300,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 374,248,000Source | 444,761,000Source | 1,063,956,000Source | 1,214,449,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 154,439,000Source | 121,861,000Source | 130,700,000Source | 117,927,000Source |
| Assets, CurrentUSD | 1,619,371,000Source | 2,556,281,000Source | 4,072,640,000Source | 4,644,649,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 255,566,000Source | 247,538,000Source | 255,489,000Source | 236,183,000Source |
| Operating Lease, Right-of-Use AssetUSD | 21,241,000Source | 20,457,000Source | 30,173,000Source | 33,196,000Source |
| Other Assets, NoncurrentUSD | 8,071,000Source | 19,084,000Source | 16,763,000Source | 12,591,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 950,458,000Source | 2,744,306,000Source | 3,171,716,000Source | 3,568,921,000Source |
| Stockholders’ equity: | ||||
| Retained Earnings (Accumulated Deficit)USD | 4,699,089,000Source | 2,796,745,000Source | 2,947,160,000Source | 2,685,063,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -208,093,000Source | -247,615,000Source | -197,010,000Source | -162,235,000Source |
| Stockholders' Equity Attributable to ParentUSD | 6,541,847,000Source | 4,711,990,000Source | 5,156,686,000Source | 5,178,217,000Source |
| Additional Paid in Capital, Common StockUSD | 3,315,070,000Source | 3,345,536,000Source | 3,282,754,000Source | 3,277,978,000Source |
| Liabilities and EquityUSD | 7,552,488,000Source | 7,527,797,000Source | 8,483,865,000Source | 9,071,653,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 873,966,000Source | 2,674,092,000Source | 3,086,407,000Source | 3,071,684,000Source |
| Operating Lease, Liability, CurrentUSD | 8,939,000Source | 10,775,000Source | 12,388,000Source | 12,451,000Source |
| Accounts Payable, CurrentUSD | 71,551,000Source | 84,015,000Source | 66,755,000Source | 56,000,000Source |
| Operating Lease, Liability, NoncurrentUSD | 12,029,000Source | 9,948,000Source | 18,422,000Source | 21,601,000Source |
| Other Liabilities, NoncurrentUSD | — | — | — | 436,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 34,850,000Source | 47,768,000Source | 133,330,000Source | 233,149,000Source |
| Additional Financial Items | ||||
| AOCI, Debt Securities, Available-for-sale, Adjustment, after TaxUSD | — | 20,000Source | — | — |
| Deferred Tax Liabilities, NetUSD | 67,805,000Source | 59,318,000Source | 62,901,000Source | 64,262,000Source |
| Dividends Payable, CurrentUSD | 26,815,000Source | — | — | — |
| Dividends PayableUSD | — | 0Source | 0Source | — |
| Restricted Cash and Investments, CurrentUSD | 7,182,000Source | 20,722,000Source | 57,243,000Source | 47,741,000Source |
| Short-term InvestmentsUSD | 613,702,000Source | 288,589,000Source | 274,846,000Source | 362,640,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 2,087,222,000Source | -242,638,000Source | 272,418,000Source | 101,568,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 25,800,000Source | 23,200,000Source | 31,979,000Source | 44,096,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 45,008,000Source | 13,651,000Source | 32,422,000Source | 20,201,000Source |
| Deferred Income Tax Expense (Benefit)USD | 362,000Source | -7,982,000Source | -11,808,000Source | -1,935,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 302,325,000Source | 308,657,000Source | 295,579,000Source | 316,494,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | 0Source | 0Source | -27,926,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -456,097,000Source | -210,249,000Source | 420,373,000Source | -510,284,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | -8,796,000Source | 6,884,000Source | -576,000Source | 9,608,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 143,111,000Source | 83,722,000Source | 81,567,000Source | 69,022,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 132,779,000Source | 259,428,000Source | 273,896,000Source | 138,079,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -288,315,000Source | -707,831,000Source | -841,745,000Source | -321,909,000Source |
| Dividends paid | —Source | —Source | —Source | —Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 1,440,449,000Source | 1,565,560,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 516,000Source | 3,016,000Source | 7,829,000Source | 8,706,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 1,113,000Source | 5,789,000Source | 682,000Source | -53,233,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 2,878,000Source | 7,873,000Source | 10,164,000Source | 9,009,000Source |
| Amortization of Intangible AssetsUSD | 64,044,000Source | 65,517,000Source | 73,383,000Source | 65,204,000Source |
| Deconsolidation, Gain (Loss), AmountUSD | 0Source | 1,643,000Source | -6,177,000Source | 0Source |
| DepreciationUSD | 29,088,000Source | 25,388,000Source | 46,576,000Source | 83,396,000Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | — | 0Source | 0Source | 63,378,000Source |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of TaxUSD | 1,875,921,000Source | — | — | — |
| Dividends Payable, CurrentUSD | 26,815,000Source | — | — | — |
| Dividends PayableUSD | — | 0Source | 0Source | — |
| Equity Securities, FV-NI, Gain (Loss)USD | -278,000Source | -587,000Source | 11,179,000Source | 17,089,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | 0Source | 0Source | 0Source | 4,121,000Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | 15,000,000Source | 9,386,000Source | 0Source | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -14,111,000Source | 764,000Source | -2,906,000Source | 11,666,000Source |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | -14,111,000Source | 764,000Source | -2,906,000Source | 11,666,000Source |
| Gain (Loss) on Disposition of AssetsUSD | -1,171,000Source | 141,000Source | 274,000Source | 4,118,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | 0Source | 0Source | 63,378,000Source |
| General and Administrative ExpenseUSD | 164,529,000Source | 152,517,000Source | 122,661,000Source | 141,826,000Source |
| GoodwillUSD | 2,194,358,000Source | 2,194,324,000Source | 2,649,281,000Source | 2,649,307,000Source |
| Goodwill, Impairment LossUSD | 0Source | 454,935,000Source | 0Source | 14,830,000Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | — | — | 0Source | 1,356,000Source |
| Impairment of Intangible Assets, Finite-livedUSD | 8,580,000Source | 0Source | 0Source | 1,356,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 222,514,000Source | — | 301,816,000Source | 128,891,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 211,301,000Source | -242,638,000Source | 272,418,000Source | 101,568,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | 0Source | 0Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | 1,875,921,000Source | — | 0Source | 0Source |
| Income (Loss) from Equity Method InvestmentsUSD | 11,610,000Source | -1,637,000Source | 3,297,000Source | -498,431,000Source |
| Income Tax Expense (Benefit)USD | 16,429,000Source | 13,485,000Source | 18,856,000Source | 34,575,000Source |
| InterestExpenseNonoperatingUSD | 516,000Source | 4,847,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 2,098,435,000Source | -146,236,000Source | 301,816,000Source | 128,891,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 2,097,048,000Source | -147,624,000Source | 347,351,000Source | 119,465,000Source |
| Operating ExpensesUSD | 709,132,000Source | 1,219,526,000Source | 787,741,000Source | 818,898,000Source |
| Other Operating Income (Expense), NetUSD | 2,320,000Source | 6,055,000Source | 9,705,000Source | 17,505,000Source |
| Proceeds from Contributions from AffiliatesUSD | — | — | — | 0Source |
| Proceeds from Noncontrolling InterestsUSD | — | 0Source | 0Source | 17,045,000Source |
| Proceeds from Stock Options ExercisedUSD | 87,000Source | 113,000Source | 180,000Source | — |
| Restricted Cash and Investments, CurrentUSD | 7,182,000Source | 20,722,000Source | 57,243,000Source | 47,741,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 2,124,248,000Source | 2,237,788,000Source | 2,267,870,000Source | 2,411,516,000Source |
| Unrealized Gain (Loss) on InvestmentsUSD | -278,000Source | -587,000Source | 11,179,000Source | 12,968,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cost of Goods and Services Sold | —Source | —Source | —Source | —Source |
| Operating Income (Loss)USD | 55,820,000Source | -405,625,000Source | 28,815,000Source | 50,735,000Source |
| Income Tax Expense (Benefit)USD | 16,429,000Source | 13,485,000Source | 18,856,000Source | 34,575,000Source |
| Net Income (Loss) Attributable to ParentUSD | 2,098,435,000Source | -146,236,000Source | 301,816,000Source | 128,891,000Source |
| Earnings Per Share, BasicUSD per share | 1.99Source | -0.13Source | 0.27Source | 0.08Source |
| Earnings Per Share, DilutedUSD per share | 1.97Source | -0.13Source | 0.24Source | 0.08Source |
| Total Revenue | — | — | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 1,052,099,864Source | 1,157,854,559Source | 1,308,695,642Source | 1,439,390,191Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 1,065,247,496Source | 1,157,854,559Source | 1,462,976,544Source | 1,645,448,440Source |
| Interest Expense (non-operating)USD | 516,000Source | 4,847,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 64,044,000Source | 65,517,000Source | 73,383,000Source | 65,204,000Source |
| Current Income Tax Expense (Benefit)USD | 16,067,000Source | 21,467,000Source | 30,664,000Source | 36,510,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | 0Source | 0Source | 0Source | 4,121,000Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | 15,000,000Source | 9,386,000Source | 0Source | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -14,111,000Source | 764,000Source | -2,906,000Source | 11,666,000Source |
| General and Administrative ExpenseUSD | 164,529,000Source | 152,517,000Source | 122,661,000Source | 141,826,000Source |
| Goodwill, Impairment LossUSD | 0Source | 454,935,000Source | 0Source | 14,830,000Source |
| Gross ProfitUSD | 762,632,000Source | 806,203,000Source | 813,028,000Source | 852,128,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 222,514,000Source | — | 301,816,000Source | 128,891,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 202,988,000Source | — | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 211,301,000Source | -242,638,000Source | 272,418,000Source | 101,568,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | 0.21Source | — | 0.27Source | 0.08Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | 0.21Source | — | 0.24Source | 0.08Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | 0Source | 0Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | 1,875,921,000Source | — | 0Source | 0Source |
| Income (Loss) from Equity Method InvestmentsUSD | 11,610,000Source | -1,637,000Source | 3,297,000Source | -498,431,000Source |
| Interest and Other IncomeUSD | 162,607,000Source | 175,556,000Source | 185,212,000Source | 93,148,000Source |
| Interest ExpenseUSD | — | — | 10,420,000Source | 12,770,000Source |
| Investment Income, NetUSD | — | 0Source | 0Source | -1,360,000Source |
| Marketing and Advertising ExpenseUSD | 207,458,000Source | 240,315,000Source | 270,439,000Source | 321,424,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 2,097,048,000Source | -147,624,000Source | 347,351,000Source | 119,465,000Source |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, BasicUSD | 221,127,000Source | — | 347,351,000Source | 119,465,000Source |
| Operating ExpensesUSD | 709,132,000Source | 1,219,526,000Source | 787,741,000Source | 818,898,000Source |
| Other Operating Income (Expense), NetUSD | 2,320,000Source | 6,055,000Source | 9,705,000Source | 17,505,000Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | 0Source | 0Source | 2,000,000Source | 4,000,000Source |
| Research and Development ExpenseUSD | 247,133,000Source | 278,740,000Source | 295,503,000Source | 261,807,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 2,124,248,000Source | 2,237,788,000Source | 2,267,870,000Source | 2,411,516,000Source |
| Selling and Marketing ExpenseUSD | 297,470,000Source | 333,334,000Source | 369,577,000Source | 400,435,000Source |
Filing attachments
tm2624081d1_ex99-1.htm · 6-K · 2026-08-26
Exhibit 99.1 JOYY Reports Second Quarter 2026 Unaudited Financial Results SINGAPORE, August 26, 2026 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ: JOYY) (“JOYY” or the “Company”), a global technology company, today announced its unaudited financial results for the second quarter of 2026. Second Quarter 2026 Financial Highlights1 Net revenues were US$590.8 million, an increase of 16.3% from US$507.8 million in the corresponding period of 2025, and an increase of 6.3% from US$555.7 million in t…
Read attachment ↗tm2615610d1_ex99-1.htm · 6-K · 2026-05-26
Exhibit 99.1 JOYY Reports First Quarter 2026 Unaudited Financial Results Singapore, May 26, 2026 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ: JOYY) (“JOYY” or the “Company”), a global technology company, today announced its unaudited financial results for the first quarter of 2026. First Quarter 2026 Financial Highlights 1 Net revenues were US$555.7 million, an increase of 12.4% from US$494.4 million in the corresponding period of 2025, compared with US$581.9 million in the fourth quarter of 2…
Read attachment ↗tm268530d1_ex99-1.htm · 6-K · 2026-03-11
Exhibit 99.1 JOYY Reports Fourth Quarter and Full Year 2025 Unaudited Financial Results Singapore, March 11, 2026 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ: JOYY) (“JOYY” or the “Company”), a global technology company, today announced its unaudited financial results for the fourth quarter and full year of 2025. Fourth Quarter 2025 Financial Highlights 1 Net revenues were US$581.9 million, an increase of 5.9% from US$549.4 million in the corresponding period of 2024 and 7.7% from US$540.2 mil…
Read attachment ↗tm268530d1_ex99-2.htm · 6-K · 2026-03-11
Exhibit 99.2 JOYY INC. SECOND AMENDED AND RESTATED 2011 SHARE INCENTIVE PLAN Article 1 PURPOSE The purpose of the JOYY Inc. Second Amended and Restated 2011 Share Incentive Plan (the “Plan”) is to promote the success and enhance the value of JOYY Inc., a company formed under the laws of the Cayman Islands (the “Company”), by linking the personal interests of the members of the Board, Employees, and Consultants to those of the Company’s shareholders and by providing such individuals with an …
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