JOYY Inc.JOYYEarnings & Financial Report
Nasdaq
JOYY Q3 2025 Key Financial Metrics
Revenue
$1.5B
Gross Profit
$557.0M
Operating Profit
$37.6M
Net Profit
$160.1M
Gross Margin
36.1%
Operating Margin
2.4%
Net Margin
10.4%
YoY Growth
N/A
Financial Flow
JOYY Inc. Q3 2025 Financial Summary
JOYY Inc. reported revenue of $1.5B for Q3 2025, with a net profit of $160.1M (10.4% margin). Cost of goods sold was $985.3M, operating expenses totaled $519.4M.
Key Financial Metrics
| Total Revenue | $1.5B |
|---|---|
| Net Profit | $160.1M |
| Gross Margin | 36.1% |
| Operating Margin | 2.4% |
| Report Period | Q3 2025 |
Revenue Breakdown
JOYY Inc. Q3 2025 revenue of $1.5B breaks down across 3 segments, led by Live streaming at $1.1B (73.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Live streaming | $1.1B | 73.6% |
| Advertising | $297.3M | 19.3% |
| Others | $109.8M | 7.1% |
JOYY Inc. Revenue by Segment — Quarterly Trend
JOYY Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Live streaming and Advertising) has evolved quarter over quarter.
| Segment | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 |
|---|---|---|---|---|
| Live streaming | $1.1B | $746.8M | $371.3M | $1.4B |
| Advertising | $297.3M | — | — | — |
| Others | $109.8M | $255.4M | $123.0M | $322.7M |
JOYY Inc. Quarterly Revenue & Net Profit History
JOYY Inc. quarterly results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 2025 | $1.5B | — | $160.1M | 10.4% |
| Q2 2025 | $1.0B | — | $100.9M | 10.1% |
| Q1 2025 | $494.4M | — | $42.9M | 8.7% |
| Q3 2024 | $1.7B | — | $143.9M | 8.5% |
| Q2 2024 | $1.1B | — | $87.9M | 7.8% |
| Q1 2024 | $564.6M | — | $40.2M | 7.1% |
| Q3 2023 | $1.7B | — | $232.3M | 13.7% |
| Q2 2023 | $1.1B | — | $167.2M | 14.8% |
Income Statement
| Q2 2023 | Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.13B | $1.70B | $564.6M | $1.13B | $1.69B | $494.4M | $1.00B | $1.54B |
| YoY Growth | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Balance Sheet
| Q2 2023 | Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | N/A | $8.45B | $8.56B | $8.10B | $8.08B | $7.58B | $7.52B | $7.55B |
| Liabilities | N/A | $3.14B | $3.20B | $2.77B | $2.77B | $931.1M | $872.0M | $898.3M |
| Equity | $5.20B | $5.29B | $5.33B | $5.31B | $5.29B | $6.63B | $6.62B | $6.62B |
Cash Flow
No data available for this period