vs

Side-by-side financial comparison of JOYY Inc. (JOYY) and Owens Corning (OC). Click either name above to swap in a different company.

Owens Corning is the larger business by last-quarter revenue ($2.1B vs $1.5B, roughly 1.4× JOYY Inc.). JOYY Inc. runs the higher net margin — 10.4% vs -13.9%, a 24.3% gap on every dollar of revenue. Over the past eight quarters, JOYY Inc.'s revenue compounded faster (16.8% CAGR vs -3.5%).

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.

Owens Corning is an American company that develops and produces insulation, roofing, and fiberglass composites and related products. It is the world's largest manufacturer of fiberglass composites. It was formed in 1935 as a partnership between two major American glassworks, Corning Glass Works and Owens-Illinois. The company employs approximately 19,000 people around the world. Owens Corning has been a Fortune 500 company every year since the list was created in 1955. The Pink Panther is the...

JOYY vs OC — Head-to-Head

Bigger by revenue
OC
OC
1.4× larger
OC
$2.1B
$1.5B
JOYY
Higher net margin
JOYY
JOYY
24.3% more per $
JOYY
10.4%
-13.9%
OC
Faster 2-yr revenue CAGR
JOYY
JOYY
Annualised
JOYY
16.8%
-3.5%
OC

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
JOYY
JOYY
OC
OC
Revenue
$1.5B
$2.1B
Net Profit
$160.1M
$-298.0M
Gross Margin
36.1%
23.2%
Operating Margin
2.4%
-10.5%
Net Margin
10.4%
-13.9%
Revenue YoY
-24.6%
Net Profit YoY
-15.5%
EPS (diluted)
$-3.47

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
OC
OC
Q4 25
$2.1B
Q3 25
$1.5B
$2.7B
Q2 25
$1.0B
$2.7B
Q1 25
$494.4M
$2.5B
Q4 24
$2.8B
Q3 24
$1.7B
$3.0B
Q2 24
$1.1B
$2.8B
Q1 24
$564.6M
$2.3B
Net Profit
JOYY
JOYY
OC
OC
Q4 25
$-298.0M
Q3 25
$160.1M
$-494.0M
Q2 25
$100.9M
$363.0M
Q1 25
$42.9M
$-93.0M
Q4 24
$-258.0M
Q3 24
$143.9M
$321.0M
Q2 24
$87.9M
$285.0M
Q1 24
$40.2M
$299.0M
Gross Margin
JOYY
JOYY
OC
OC
Q4 25
23.2%
Q3 25
36.1%
28.2%
Q2 25
36.3%
31.2%
Q1 25
36.1%
28.7%
Q4 24
28.1%
Q3 24
35.7%
29.8%
Q2 24
34.9%
31.1%
Q1 24
34.6%
29.6%
Operating Margin
JOYY
JOYY
OC
OC
Q4 25
-10.5%
Q3 25
2.4%
-12.2%
Q2 25
1.8%
18.4%
Q1 25
2.5%
16.1%
Q4 24
-8.5%
Q3 24
1.3%
16.7%
Q2 24
0.5%
16.4%
Q1 24
0.6%
17.5%
Net Margin
JOYY
JOYY
OC
OC
Q4 25
-13.9%
Q3 25
10.4%
-18.4%
Q2 25
10.1%
13.2%
Q1 25
8.7%
-3.7%
Q4 24
-9.1%
Q3 24
8.5%
10.5%
Q2 24
7.8%
10.2%
Q1 24
7.1%
13.0%
EPS (diluted)
JOYY
JOYY
OC
OC
Q4 25
$-3.47
Q3 25
$-5.92
Q2 25
$4.25
Q1 25
$-1.08
Q4 24
$-2.92
Q3 24
$3.65
Q2 24
$3.24
Q1 24
$3.40

Balance Sheet & Financial Strength

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

Metric
JOYY
JOYY
OC
OC
Cash + ST InvestmentsLiquidity on hand
$383.8M
$345.0M
Total DebtLower is stronger
$4.7B
Stockholders' EquityBook value
$6.6B
$3.9B
Total Assets
$7.5B
$13.0B
Debt / EquityLower = less leverage
1.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JOYY
JOYY
OC
OC
Q4 25
$345.0M
Q3 25
$383.8M
$286.0M
Q2 25
$401.0M
$230.0M
Q1 25
$801.5M
$400.0M
Q4 24
$361.0M
Q3 24
$481.8M
$499.0M
Q2 24
$607.1M
$254.0M
Q1 24
$728.2M
$1.3B
Total Debt
JOYY
JOYY
OC
OC
Q4 25
$4.7B
Q3 25
$4.7B
Q2 25
$5.1B
Q1 25
$5.0B
Q4 24
$5.1B
Q3 24
$5.0B
Q2 24
$5.0B
Q1 24
$2.6B
Stockholders' Equity
JOYY
JOYY
OC
OC
Q4 25
$3.9B
Q3 25
$6.6B
$4.4B
Q2 25
$6.6B
$5.2B
Q1 25
$6.6B
$4.9B
Q4 24
$5.1B
Q3 24
$5.3B
$5.6B
Q2 24
$5.3B
$5.5B
Q1 24
$5.3B
$5.2B
Total Assets
JOYY
JOYY
OC
OC
Q4 25
$13.0B
Q3 25
$7.5B
$13.5B
Q2 25
$7.5B
$14.5B
Q1 25
$7.6B
$14.3B
Q4 24
$14.1B
Q3 24
$8.1B
$15.1B
Q2 24
$8.1B
$15.0B
Q1 24
$8.6B
$11.3B
Debt / Equity
JOYY
JOYY
OC
OC
Q4 25
1.22×
Q3 25
1.06×
Q2 25
0.98×
Q1 25
1.03×
Q4 24
1.01×
Q3 24
0.89×
Q2 24
0.92×
Q1 24
0.51×

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
OC
OC
Operating Cash FlowLast quarter
$590.0M
Free Cash FlowOCF − Capex
$333.0M
FCF MarginFCF / Revenue
15.5%
Capex IntensityCapex / Revenue
12.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$962.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JOYY
JOYY
OC
OC
Q4 25
$590.0M
Q3 25
$918.0M
Q2 25
$327.0M
Q1 25
$-49.0M
Q4 24
$676.0M
Q3 24
$699.0M
Q2 24
$493.0M
Q1 24
$24.0M
Free Cash Flow
JOYY
JOYY
OC
OC
Q4 25
$333.0M
Q3 25
$752.0M
Q2 25
$129.0M
Q1 25
$-252.0M
Q4 24
$479.0M
Q3 24
$558.0M
Q2 24
$336.0M
Q1 24
$-128.0M
FCF Margin
JOYY
JOYY
OC
OC
Q4 25
15.5%
Q3 25
28.0%
Q2 25
4.7%
Q1 25
-10.0%
Q4 24
16.9%
Q3 24
18.3%
Q2 24
12.0%
Q1 24
-5.6%
Capex Intensity
JOYY
JOYY
OC
OC
Q4 25
12.0%
Q3 25
6.2%
Q2 25
7.2%
Q1 25
8.0%
Q4 24
6.9%
Q3 24
4.6%
Q2 24
5.6%
Q1 24
6.6%
Cash Conversion
JOYY
JOYY
OC
OC
Q4 25
Q3 25
Q2 25
0.90×
Q1 25
Q4 24
Q3 24
2.18×
Q2 24
1.73×
Q1 24
0.08×

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%

OC
OC

Insulation$724.0M34%
Residential$625.0M29%
Doors$427.0M20%
Discontinued Operations Disposed Of By Sale$299.0M14%
Commercial And Industrial Sector$101.0M5%

Related Comparisons