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Side-by-side financial comparison of Charles River Laboratories (CRL) and JOYY Inc. (JOYY). Click either name above to swap in a different company.

JOYY Inc. is the larger business by last-quarter revenue ($1.5B vs $995.8M, roughly 1.5× Charles River Laboratories). JOYY Inc. runs the higher net margin — 10.4% vs -1.5%, a 11.9% gap on every dollar of revenue. Over the past eight quarters, JOYY Inc.'s revenue compounded faster (16.8% CAGR vs -1.5%).

Charles River Laboratories International, Inc. is an American pharmaceutical and biotechnology contract research organisation (CRO) headquartered in Wilmington, Massachusetts, United States. Founded in 1947, the company provides preclinical and clinical laboratory services for the development of new drugs, vaccines, and medical devices.

JOYY Inc. is a global social media technology firm operating digital entertainment platforms including live streaming, short video and social services like Bigo Live and Likee. It serves users across Southeast Asia, Middle East, Latin America and other emerging markets, delivering interactive immersive digital content experiences for user groups.

CRL vs JOYY — Head-to-Head

Bigger by revenue
JOYY
JOYY
1.5× larger
JOYY
$1.5B
$995.8M
CRL
Higher net margin
JOYY
JOYY
11.9% more per $
JOYY
10.4%
-1.5%
CRL
Faster 2-yr revenue CAGR
JOYY
JOYY
Annualised
JOYY
16.8%
-1.5%
CRL

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
CRL
CRL
JOYY
JOYY
Revenue
$995.8M
$1.5B
Net Profit
$-14.8M
$160.1M
Gross Margin
36.1%
Operating Margin
12.0%
2.4%
Net Margin
-1.5%
10.4%
Revenue YoY
1.2%
Net Profit YoY
-157.2%
EPS (diluted)
$-0.30

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
CRL
CRL
JOYY
JOYY
Q1 26
$995.8M
Q4 25
$994.2M
Q3 25
$1.0B
$1.5B
Q2 25
$1.0B
$1.0B
Q1 25
$984.2M
$494.4M
Q4 24
$1.0B
Q3 24
$1.0B
$1.7B
Q2 24
$1.0B
$1.1B
Net Profit
CRL
CRL
JOYY
JOYY
Q1 26
$-14.8M
Q4 25
$-276.6M
Q3 25
$54.4M
$160.1M
Q2 25
$52.3M
$100.9M
Q1 25
$25.5M
$42.9M
Q4 24
$-214.5M
Q3 24
$69.7M
$143.9M
Q2 24
$94.1M
$87.9M
Gross Margin
CRL
CRL
JOYY
JOYY
Q1 26
Q4 25
Q3 25
36.1%
Q2 25
36.3%
Q1 25
36.1%
Q4 24
Q3 24
34.6%
35.7%
Q2 24
34.5%
34.9%
Operating Margin
CRL
CRL
JOYY
JOYY
Q1 26
12.0%
Q4 25
-28.5%
Q3 25
13.3%
2.4%
Q2 25
9.7%
1.8%
Q1 25
7.6%
2.5%
Q4 24
-16.7%
Q3 24
11.6%
1.3%
Q2 24
14.8%
0.5%
Net Margin
CRL
CRL
JOYY
JOYY
Q1 26
-1.5%
Q4 25
-27.8%
Q3 25
5.4%
10.4%
Q2 25
5.1%
10.1%
Q1 25
2.6%
8.7%
Q4 24
-21.4%
Q3 24
6.9%
8.5%
Q2 24
9.2%
7.8%
EPS (diluted)
CRL
CRL
JOYY
JOYY
Q1 26
$-0.30
Q4 25
$-5.57
Q3 25
$1.10
Q2 25
$1.06
Q1 25
$0.50
Q4 24
$-4.17
Q3 24
$1.33
Q2 24
$1.74

Balance Sheet & Financial Strength

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

Metric
CRL
CRL
JOYY
JOYY
Cash + ST InvestmentsLiquidity on hand
$191.8M
$383.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.9B
$6.6B
Total Assets
$7.7B
$7.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRL
CRL
JOYY
JOYY
Q1 26
$191.8M
Q4 25
$213.8M
Q3 25
$207.1M
$383.8M
Q2 25
$182.8M
$401.0M
Q1 25
$229.4M
$801.5M
Q4 24
$194.6M
Q3 24
$210.2M
$481.8M
Q2 24
$179.2M
$607.1M
Total Debt
CRL
CRL
JOYY
JOYY
Q1 26
Q4 25
$2.1B
Q3 25
$2.2B
Q2 25
$2.3B
Q1 25
$2.5B
Q4 24
$2.2B
Q3 24
$2.3B
Q2 24
$2.4B
Stockholders' Equity
CRL
CRL
JOYY
JOYY
Q1 26
$2.9B
Q4 25
$3.2B
Q3 25
$3.4B
$6.6B
Q2 25
$3.4B
$6.6B
Q1 25
$3.2B
$6.6B
Q4 24
$3.5B
Q3 24
$3.8B
$5.3B
Q2 24
$3.7B
$5.3B
Total Assets
CRL
CRL
JOYY
JOYY
Q1 26
$7.7B
Q4 25
$7.1B
Q3 25
$7.5B
$7.5B
Q2 25
$7.6B
$7.5B
Q1 25
$7.6B
$7.6B
Q4 24
$7.5B
Q3 24
$8.0B
$8.1B
Q2 24
$7.9B
$8.1B
Debt / Equity
CRL
CRL
JOYY
JOYY
Q1 26
Q4 25
0.68×
Q3 25
0.64×
Q2 25
0.70×
Q1 25
0.79×
Q4 24
0.65×
Q3 24
0.62×
Q2 24
0.65×

Cash Flow & Capital Efficiency

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

Metric
CRL
CRL
JOYY
JOYY
Operating Cash FlowLast quarter
$41.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
5.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRL
CRL
JOYY
JOYY
Q1 26
$41.1M
Q4 25
$147.5M
Q3 25
$213.8M
Q2 25
$204.6M
Q1 25
$171.7M
Q4 24
$159.4M
Q3 24
$251.8M
Q2 24
$193.5M
Free Cash Flow
CRL
CRL
JOYY
JOYY
Q1 26
Q4 25
$58.6M
Q3 25
$178.2M
Q2 25
$169.3M
Q1 25
$112.4M
Q4 24
$83.7M
Q3 24
$213.1M
Q2 24
$154.0M
FCF Margin
CRL
CRL
JOYY
JOYY
Q1 26
Q4 25
5.9%
Q3 25
17.7%
Q2 25
16.4%
Q1 25
11.4%
Q4 24
8.4%
Q3 24
21.1%
Q2 24
15.0%
Capex Intensity
CRL
CRL
JOYY
JOYY
Q1 26
5.6%
Q4 25
8.9%
Q3 25
3.5%
Q2 25
3.4%
Q1 25
6.0%
Q4 24
7.5%
Q3 24
3.8%
Q2 24
3.8%
Cash Conversion
CRL
CRL
JOYY
JOYY
Q1 26
Q4 25
Q3 25
3.93×
Q2 25
3.91×
Q1 25
6.74×
Q4 24
Q3 24
3.61×
Q2 24
2.06×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CRL
CRL

Service revenue$798.2M80%
Product revenue$197.7M20%

JOYY
JOYY

Live streaming$1.1B74%
Advertising$297.3M19%
Others$109.8M7%

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