vs

Side-by-side financial comparison of JOYY Inc. (JOYY) and Ralph Lauren Corporation (RL). Click either name above to swap in a different company.

Ralph Lauren Corporation is the larger business by last-quarter revenue ($2.4B vs $1.5B, roughly 1.6× JOYY Inc.). Ralph Lauren Corporation runs the higher net margin — 15.0% vs 10.4%, a 4.6% gap on every dollar of revenue. Over the past eight quarters, Ralph Lauren Corporation's revenue compounded faster (23.9% CAGR vs 16.8%).

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.

Ralph Lauren is an American fashion designer, philanthropist, and billionaire businessman, best known for founding the brand Ralph Lauren, a global multibillion-dollar enterprise. He stepped down as CEO of the company in September 2015 but remains executive chairman and chief creative officer. As of May 2025, his net worth is estimated at US$11.9 billion.

JOYY vs RL — Head-to-Head

Bigger by revenue
RL
RL
1.6× larger
RL
$2.4B
$1.5B
JOYY
Higher net margin
RL
RL
4.6% more per $
RL
15.0%
10.4%
JOYY
Faster 2-yr revenue CAGR
RL
RL
Annualised
RL
23.9%
16.8%
JOYY

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
JOYY
JOYY
RL
RL
Revenue
$1.5B
$2.4B
Net Profit
$160.1M
$361.6M
Gross Margin
36.1%
69.9%
Operating Margin
2.4%
19.6%
Net Margin
10.4%
15.0%
Revenue YoY
12.2%
Net Profit YoY
21.6%
EPS (diluted)
$5.82

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
RL
RL
Q4 25
$2.4B
Q3 25
$1.5B
$2.0B
Q2 25
$1.0B
$1.7B
Q1 25
$494.4M
$1.7B
Q4 24
$2.1B
Q3 24
$1.7B
$1.7B
Q2 24
$1.1B
$1.5B
Q1 24
$564.6M
$1.6B
Net Profit
JOYY
JOYY
RL
RL
Q4 25
$361.6M
Q3 25
$160.1M
$207.5M
Q2 25
$100.9M
$220.4M
Q1 25
$42.9M
$129.0M
Q4 24
$297.4M
Q3 24
$143.9M
$147.9M
Q2 24
$87.9M
$168.6M
Q1 24
$40.2M
$90.7M
Gross Margin
JOYY
JOYY
RL
RL
Q4 25
69.9%
Q3 25
36.1%
68.0%
Q2 25
36.3%
72.3%
Q1 25
36.1%
68.7%
Q4 24
68.4%
Q3 24
35.7%
67.0%
Q2 24
34.9%
70.5%
Q1 24
34.6%
66.6%
Operating Margin
JOYY
JOYY
RL
RL
Q4 25
19.6%
Q3 25
2.4%
12.2%
Q2 25
1.8%
15.9%
Q1 25
2.5%
9.1%
Q4 24
18.2%
Q3 24
1.3%
10.4%
Q2 24
0.5%
13.8%
Q1 24
0.6%
6.9%
Net Margin
JOYY
JOYY
RL
RL
Q4 25
15.0%
Q3 25
10.4%
10.3%
Q2 25
10.1%
12.8%
Q1 25
8.7%
7.6%
Q4 24
13.9%
Q3 24
8.5%
8.6%
Q2 24
7.8%
11.1%
Q1 24
7.1%
5.8%
EPS (diluted)
JOYY
JOYY
RL
RL
Q4 25
$5.82
Q3 25
$3.32
Q2 25
$3.52
Q1 25
$2.03
Q4 24
$4.66
Q3 24
$2.31
Q2 24
$2.61
Q1 24
$1.37

Balance Sheet & Financial Strength

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

Metric
JOYY
JOYY
RL
RL
Cash + ST InvestmentsLiquidity on hand
$383.8M
$2.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$6.6B
$2.9B
Total Assets
$7.5B
$7.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JOYY
JOYY
RL
RL
Q4 25
$2.3B
Q3 25
$383.8M
$1.6B
Q2 25
$401.0M
$2.3B
Q1 25
$801.5M
$2.1B
Q4 24
$2.1B
Q3 24
$481.8M
$1.7B
Q2 24
$607.1M
$1.8B
Q1 24
$728.2M
$1.8B
Stockholders' Equity
JOYY
JOYY
RL
RL
Q4 25
$2.9B
Q3 25
$6.6B
$2.6B
Q2 25
$6.6B
$2.5B
Q1 25
$6.6B
$2.6B
Q4 24
$2.5B
Q3 24
$5.3B
$2.4B
Q2 24
$5.3B
$2.4B
Q1 24
$5.3B
$2.5B
Total Assets
JOYY
JOYY
RL
RL
Q4 25
$7.8B
Q3 25
$7.5B
$7.3B
Q2 25
$7.5B
$7.8B
Q1 25
$7.6B
$7.0B
Q4 24
$7.1B
Q3 24
$8.1B
$6.8B
Q2 24
$8.1B
$6.6B
Q1 24
$8.6B
$6.6B

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
RL
RL
Operating Cash FlowLast quarter
$779.6M
Free Cash FlowOCF − Capex
$704.0M
FCF MarginFCF / Revenue
29.3%
Capex IntensityCapex / Revenue
3.1%
Cash ConversionOCF / Net Profit
2.16×
TTM Free Cash FlowTrailing 4 quarters
$694.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JOYY
JOYY
RL
RL
Q4 25
$779.6M
Q3 25
$53.2M
Q2 25
$176.1M
Q1 25
$122.2M
Q4 24
$738.4M
Q3 24
$97.2M
Q2 24
$277.3M
Q1 24
Free Cash Flow
JOYY
JOYY
RL
RL
Q4 25
$704.0M
Q3 25
$-40.6M
Q2 25
$-11.2M
Q1 25
$42.3M
Q4 24
$677.2M
Q3 24
$55.5M
Q2 24
$243.9M
Q1 24
FCF Margin
JOYY
JOYY
RL
RL
Q4 25
29.3%
Q3 25
-2.0%
Q2 25
-0.7%
Q1 25
2.5%
Q4 24
31.6%
Q3 24
3.2%
Q2 24
16.1%
Q1 24
Capex Intensity
JOYY
JOYY
RL
RL
Q4 25
3.1%
Q3 25
4.7%
Q2 25
10.9%
Q1 25
4.7%
Q4 24
2.9%
Q3 24
2.4%
Q2 24
2.2%
Q1 24
Cash Conversion
JOYY
JOYY
RL
RL
Q4 25
2.16×
Q3 25
0.26×
Q2 25
0.80×
Q1 25
0.95×
Q4 24
2.48×
Q3 24
0.66×
Q2 24
1.64×
Q1 24

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%

RL
RL

Segment breakdown not available.

Related Comparisons