vs

Side-by-side financial comparison of JOYY Inc. (JOYY) and MSC INDUSTRIAL DIRECT CO INC (MSM). Click either name above to swap in a different company.

JOYY Inc. is the larger business by last-quarter revenue ($1.5B vs $965.7M, roughly 1.6× MSC INDUSTRIAL DIRECT CO INC). JOYY Inc. runs the higher net margin — 10.4% vs 5.4%, a 5.0% gap on every dollar of revenue. Over the past eight quarters, JOYY Inc.'s revenue compounded faster (16.8% CAGR vs -3.4%).

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.

MSC Industrial Direct Co., Inc (MSC), through its subsidiaries, primarily MSC Industrial Supply Co., is one of the largest industrial equipment distributors in the United States, distributing more than 1.5 million metalworking and other industrial products.

JOYY vs MSM — Head-to-Head

Bigger by revenue
JOYY
JOYY
1.6× larger
JOYY
$1.5B
$965.7M
MSM
Higher net margin
JOYY
JOYY
5.0% more per $
JOYY
10.4%
5.4%
MSM
Faster 2-yr revenue CAGR
JOYY
JOYY
Annualised
JOYY
16.8%
-3.4%
MSM

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
JOYY
JOYY
MSM
MSM
Revenue
$1.5B
$965.7M
Net Profit
$160.1M
$51.8M
Gross Margin
36.1%
40.7%
Operating Margin
2.4%
7.9%
Net Margin
10.4%
5.4%
Revenue YoY
4.0%
Net Profit YoY
11.1%
EPS (diluted)
$0.93

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
JOYY
JOYY
MSM
MSM
Q4 25
$965.7M
Q3 25
$1.5B
$978.2M
Q2 25
$1.0B
$971.1M
Q1 25
$494.4M
Q4 24
$928.5M
Q3 24
$1.7B
Q2 24
$1.1B
$979.4M
Q1 24
$564.6M
$935.3M
Net Profit
JOYY
JOYY
MSM
MSM
Q4 25
$51.8M
Q3 25
$160.1M
$56.5M
Q2 25
$100.9M
$56.8M
Q1 25
$42.9M
Q4 24
$46.6M
Q3 24
$143.9M
Q2 24
$87.9M
$71.7M
Q1 24
$40.2M
$61.8M
Gross Margin
JOYY
JOYY
MSM
MSM
Q4 25
40.7%
Q3 25
36.1%
40.4%
Q2 25
36.3%
41.0%
Q1 25
36.1%
Q4 24
40.7%
Q3 24
35.7%
Q2 24
34.9%
40.9%
Q1 24
34.6%
41.5%
Operating Margin
JOYY
JOYY
MSM
MSM
Q4 25
7.9%
Q3 25
2.4%
8.6%
Q2 25
1.8%
8.5%
Q1 25
2.5%
Q4 24
7.8%
Q3 24
1.3%
Q2 24
0.5%
10.9%
Q1 24
0.6%
9.7%
Net Margin
JOYY
JOYY
MSM
MSM
Q4 25
5.4%
Q3 25
10.4%
5.8%
Q2 25
10.1%
5.9%
Q1 25
8.7%
Q4 24
5.0%
Q3 24
8.5%
Q2 24
7.8%
7.3%
Q1 24
7.1%
6.6%
EPS (diluted)
JOYY
JOYY
MSM
MSM
Q4 25
$0.93
Q3 25
$1.02
Q2 25
$1.02
Q1 25
Q4 24
$0.83
Q3 24
Q2 24
$1.27
Q1 24
$1.10

Balance Sheet & Financial Strength

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

Metric
JOYY
JOYY
MSM
MSM
Cash + ST InvestmentsLiquidity on hand
$383.8M
$40.3M
Total DebtLower is stronger
$214.1M
Stockholders' EquityBook value
$6.6B
$1.4B
Total Assets
$7.5B
$2.5B
Debt / EquityLower = less leverage
0.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JOYY
JOYY
MSM
MSM
Q4 25
$40.3M
Q3 25
$383.8M
$56.2M
Q2 25
$401.0M
$71.7M
Q1 25
$801.5M
Q4 24
$57.3M
Q3 24
$481.8M
Q2 24
$607.1M
$25.9M
Q1 24
$728.2M
$22.2M
Total Debt
JOYY
JOYY
MSM
MSM
Q4 25
$214.1M
Q3 25
$168.8M
Q2 25
$285.0M
Q1 25
Q4 24
$289.9M
Q3 24
Q2 24
$299.8M
Q1 24
$294.5M
Stockholders' Equity
JOYY
JOYY
MSM
MSM
Q4 25
$1.4B
Q3 25
$6.6B
$1.4B
Q2 25
$6.6B
$1.4B
Q1 25
$6.6B
Q4 24
$1.4B
Q3 24
$5.3B
Q2 24
$5.3B
$1.4B
Q1 24
$5.3B
$1.4B
Total Assets
JOYY
JOYY
MSM
MSM
Q4 25
$2.5B
Q3 25
$7.5B
$2.5B
Q2 25
$7.5B
$2.5B
Q1 25
$7.6B
Q4 24
$2.5B
Q3 24
$8.1B
Q2 24
$8.1B
$2.5B
Q1 24
$8.6B
$2.5B
Debt / Equity
JOYY
JOYY
MSM
MSM
Q4 25
0.16×
Q3 25
0.12×
Q2 25
0.21×
Q1 25
Q4 24
0.21×
Q3 24
Q2 24
0.21×
Q1 24
0.21×

Cash Flow & Capital Efficiency

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

Metric
JOYY
JOYY
MSM
MSM
Operating Cash FlowLast quarter
$29.4M
Free Cash FlowOCF − Capex
$7.4M
FCF MarginFCF / Revenue
0.8%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
0.57×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JOYY
JOYY
MSM
MSM
Q4 25
$29.4M
Q3 25
Q2 25
$151.6M
Q1 25
Q4 24
$101.9M
Q3 24
Q2 24
$143.5M
Q1 24
$78.7M
Free Cash Flow
JOYY
JOYY
MSM
MSM
Q4 25
$7.4M
Q3 25
Q2 25
$100.7M
Q1 25
Q4 24
$81.7M
Q3 24
Q2 24
$114.0M
Q1 24
$53.4M
FCF Margin
JOYY
JOYY
MSM
MSM
Q4 25
0.8%
Q3 25
Q2 25
10.4%
Q1 25
Q4 24
8.8%
Q3 24
Q2 24
11.6%
Q1 24
5.7%
Capex Intensity
JOYY
JOYY
MSM
MSM
Q4 25
2.3%
Q3 25
Q2 25
5.2%
Q1 25
Q4 24
2.2%
Q3 24
Q2 24
3.0%
Q1 24
2.7%
Cash Conversion
JOYY
JOYY
MSM
MSM
Q4 25
0.57×
Q3 25
Q2 25
2.67×
Q1 25
Q4 24
2.18×
Q3 24
Q2 24
2.00×
Q1 24
1.27×

Financial Flow Comparison

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

Revenue Breakdown by Segment

JOYY
JOYY

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

MSM
MSM

Segment breakdown not available.

Related Comparisons