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Side-by-side financial comparison of Expeditors International (EXPD) and JOYY Inc. (JOYY). Click either name above to swap in a different company.

Expeditors International is the larger business by last-quarter revenue ($2.9B vs $1.5B, roughly 1.9× JOYY Inc.). JOYY Inc. runs the higher net margin — 10.4% vs 7.0%, a 3.4% gap on every dollar of revenue. Over the past eight quarters, JOYY Inc.'s revenue compounded faster (16.8% CAGR vs 13.8%).

Expeditors International of Washington, Inc. is an American Fortune 500 service-based logistics company with headquarters in Bellevue, Washington. Expeditors generates highly optimized and customized supply chain solutions for clients with unified technology systems integrated through a global network of over 340+ locations in 100+ countries on six continents.

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.

EXPD vs JOYY — Head-to-Head

Bigger by revenue
EXPD
EXPD
1.9× larger
EXPD
$2.9B
$1.5B
JOYY
Higher net margin
JOYY
JOYY
3.4% more per $
JOYY
10.4%
7.0%
EXPD
Faster 2-yr revenue CAGR
JOYY
JOYY
Annualised
JOYY
16.8%
13.8%
EXPD

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
EXPD
EXPD
JOYY
JOYY
Revenue
$2.9B
$1.5B
Net Profit
$200.7M
$160.1M
Gross Margin
36.1%
Operating Margin
8.8%
2.4%
Net Margin
7.0%
10.4%
Revenue YoY
-3.3%
Net Profit YoY
-14.9%
EPS (diluted)
$1.50

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
EXPD
EXPD
JOYY
JOYY
Q4 25
$2.9B
Q3 25
$2.9B
$1.5B
Q2 25
$2.7B
$1.0B
Q1 25
$2.7B
$494.4M
Q4 24
$3.0B
Q3 24
$3.0B
$1.7B
Q2 24
$2.4B
$1.1B
Q1 24
$2.2B
$564.6M
Net Profit
EXPD
EXPD
JOYY
JOYY
Q4 25
$200.7M
Q3 25
$222.3M
$160.1M
Q2 25
$183.6M
$100.9M
Q1 25
$203.8M
$42.9M
Q4 24
$235.9M
Q3 24
$229.6M
$143.9M
Q2 24
$175.5M
$87.9M
Q1 24
$169.2M
$40.2M
Gross Margin
EXPD
EXPD
JOYY
JOYY
Q4 25
Q3 25
36.1%
Q2 25
36.3%
Q1 25
36.1%
Q4 24
Q3 24
35.7%
Q2 24
34.9%
Q1 24
34.6%
Operating Margin
EXPD
EXPD
JOYY
JOYY
Q4 25
8.8%
Q3 25
10.0%
2.4%
Q2 25
9.3%
1.8%
Q1 25
10.0%
2.5%
Q4 24
10.2%
Q3 24
10.1%
1.3%
Q2 24
9.2%
0.5%
Q1 24
9.7%
0.6%
Net Margin
EXPD
EXPD
JOYY
JOYY
Q4 25
7.0%
Q3 25
7.7%
10.4%
Q2 25
6.9%
10.1%
Q1 25
7.6%
8.7%
Q4 24
8.0%
Q3 24
7.7%
8.5%
Q2 24
7.2%
7.8%
Q1 24
7.7%
7.1%
EPS (diluted)
EXPD
EXPD
JOYY
JOYY
Q4 25
$1.50
Q3 25
$1.64
Q2 25
$1.34
Q1 25
$1.47
Q4 24
$1.68
Q3 24
$1.63
Q2 24
$1.24
Q1 24
$1.17

Balance Sheet & Financial Strength

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

Metric
EXPD
EXPD
JOYY
JOYY
Cash + ST InvestmentsLiquidity on hand
$1.3B
$383.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.4B
$6.6B
Total Assets
$4.9B
$7.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXPD
EXPD
JOYY
JOYY
Q4 25
$1.3B
Q3 25
$1.2B
$383.8M
Q2 25
$1.2B
$401.0M
Q1 25
$1.3B
$801.5M
Q4 24
$1.1B
Q3 24
$1.3B
$481.8M
Q2 24
$1.3B
$607.1M
Q1 24
$1.4B
$728.2M
Stockholders' Equity
EXPD
EXPD
JOYY
JOYY
Q4 25
$2.4B
Q3 25
$2.3B
$6.6B
Q2 25
$2.2B
$6.6B
Q1 25
$2.3B
$6.6B
Q4 24
$2.2B
Q3 24
$2.4B
$5.3B
Q2 24
$2.2B
$5.3B
Q1 24
$2.2B
$5.3B
Total Assets
EXPD
EXPD
JOYY
JOYY
Q4 25
$4.9B
Q3 25
$4.8B
$7.5B
Q2 25
$4.8B
$7.5B
Q1 25
$4.8B
$7.6B
Q4 24
$4.8B
Q3 24
$5.2B
$8.1B
Q2 24
$4.8B
$8.1B
Q1 24
$4.5B
$8.6B

Cash Flow & Capital Efficiency

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

Metric
EXPD
EXPD
JOYY
JOYY
Operating Cash FlowLast quarter
$283.3M
Free Cash FlowOCF − Capex
$270.3M
FCF MarginFCF / Revenue
9.5%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
1.41×
TTM Free Cash FlowTrailing 4 quarters
$953.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXPD
EXPD
JOYY
JOYY
Q4 25
$283.3M
Q3 25
$201.4M
Q2 25
$179.2M
Q1 25
$342.6M
Q4 24
$249.7M
Q3 24
$90.0M
Q2 24
$126.8M
Q1 24
$256.9M
Free Cash Flow
EXPD
EXPD
JOYY
JOYY
Q4 25
$270.3M
Q3 25
$190.3M
Q2 25
$163.3M
Q1 25
$329.5M
Q4 24
$239.7M
Q3 24
$77.7M
Q2 24
$118.8M
Q1 24
$246.7M
FCF Margin
EXPD
EXPD
JOYY
JOYY
Q4 25
9.5%
Q3 25
6.6%
Q2 25
6.2%
Q1 25
12.4%
Q4 24
8.1%
Q3 24
2.6%
Q2 24
4.9%
Q1 24
11.2%
Capex Intensity
EXPD
EXPD
JOYY
JOYY
Q4 25
0.5%
Q3 25
0.4%
Q2 25
0.6%
Q1 25
0.5%
Q4 24
0.3%
Q3 24
0.4%
Q2 24
0.3%
Q1 24
0.5%
Cash Conversion
EXPD
EXPD
JOYY
JOYY
Q4 25
1.41×
Q3 25
0.91×
Q2 25
0.98×
Q1 25
1.68×
Q4 24
1.06×
Q3 24
0.39×
Q2 24
0.72×
Q1 24
1.52×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EXPD
EXPD

Customs Brokerage And Other Services$1.1B40%
Airfreight Services$1.1B39%
Ocean Freight And Ocean Services$611.4M21%

JOYY
JOYY

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

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