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Side-by-side financial comparison of JOYY Inc. (JOYY) and SiriusPoint Ltd (SPNT). Click either name above to swap in a different company.

JOYY Inc. is the larger business by last-quarter revenue ($1.5B vs $973.7M, roughly 1.6× SiriusPoint Ltd). SiriusPoint Ltd runs the higher net margin — 25.1% vs 10.4%, a 14.7% gap on every dollar of revenue. Over the past eight quarters, SiriusPoint Ltd's revenue compounded faster (19.2% 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.

SiriusPoint Ltd is a global specialty insurance and reinsurance provider based in Pembroke, Bermuda. It offers property, casualty, specialty line coverages and alternative capital solutions, serving commercial clients and risk carriers across North America, Europe, Asia Pacific and other key markets, focusing on rigorous underwriting and stable risk-adjusted returns.

JOYY vs SPNT — Head-to-Head

Bigger by revenue
JOYY
JOYY
1.6× larger
JOYY
$1.5B
$973.7M
SPNT
Higher net margin
SPNT
SPNT
14.7% more per $
SPNT
25.1%
10.4%
JOYY
Faster 2-yr revenue CAGR
SPNT
SPNT
Annualised
SPNT
19.2%
16.8%
JOYY

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
JOYY
JOYY
SPNT
SPNT
Revenue
$1.5B
$973.7M
Net Profit
$160.1M
$244.1M
Gross Margin
36.1%
Operating Margin
2.4%
28.8%
Net Margin
10.4%
25.1%
Revenue YoY
58.9%
Net Profit YoY
1535.9%
EPS (diluted)
$1.92

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
SPNT
SPNT
Q4 25
$973.7M
Q3 25
$1.5B
$755.9M
Q2 25
$1.0B
$748.2M
Q1 25
$494.4M
$727.3M
Q4 24
$612.8M
Q3 24
$1.7B
$562.2M
Q2 24
$1.1B
$743.3M
Q1 24
$564.6M
$685.5M
Net Profit
JOYY
JOYY
SPNT
SPNT
Q4 25
$244.1M
Q3 25
$160.1M
$90.8M
Q2 25
$100.9M
$63.2M
Q1 25
$42.9M
$61.6M
Q4 24
$-17.0M
Q3 24
$143.9M
$8.5M
Q2 24
$87.9M
$113.9M
Q1 24
$40.2M
$94.8M
Gross Margin
JOYY
JOYY
SPNT
SPNT
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
JOYY
JOYY
SPNT
SPNT
Q4 25
28.8%
Q3 25
2.4%
14.7%
Q2 25
1.8%
10.0%
Q1 25
2.5%
10.4%
Q4 24
-2.1%
Q3 24
1.3%
2.0%
Q2 24
0.5%
17.4%
Q1 24
0.6%
15.4%
Net Margin
JOYY
JOYY
SPNT
SPNT
Q4 25
25.1%
Q3 25
10.4%
12.0%
Q2 25
10.1%
8.4%
Q1 25
8.7%
8.5%
Q4 24
-2.8%
Q3 24
8.5%
1.5%
Q2 24
7.8%
15.3%
Q1 24
7.1%
13.8%
EPS (diluted)
JOYY
JOYY
SPNT
SPNT
Q4 25
$1.92
Q3 25
$0.73
Q2 25
$0.50
Q1 25
$0.49
Q4 24
$-0.05
Q3 24
$0.03
Q2 24
$0.57
Q1 24
$0.49

Balance Sheet & Financial Strength

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

Metric
JOYY
JOYY
SPNT
SPNT
Cash + ST InvestmentsLiquidity on hand
$383.8M
$731.2M
Total DebtLower is stronger
$688.6M
Stockholders' EquityBook value
$6.6B
$2.5B
Total Assets
$7.5B
$12.6B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JOYY
JOYY
SPNT
SPNT
Q4 25
$731.2M
Q3 25
$383.8M
$582.4M
Q2 25
$401.0M
$732.4M
Q1 25
$801.5M
$740.3M
Q4 24
$682.0M
Q3 24
$481.8M
$640.7M
Q2 24
$607.1M
$598.1M
Q1 24
$728.2M
$867.5M
Total Debt
JOYY
JOYY
SPNT
SPNT
Q4 25
$688.6M
Q3 25
$682.5M
Q2 25
$678.4M
Q1 25
$663.5M
Q4 24
$639.1M
Q3 24
$660.5M
Q2 24
$648.6M
Q1 24
$770.6M
Stockholders' Equity
JOYY
JOYY
SPNT
SPNT
Q4 25
$2.5B
Q3 25
$6.6B
$2.2B
Q2 25
$6.6B
$2.1B
Q1 25
$6.6B
$2.0B
Q4 24
$1.9B
Q3 24
$5.3B
$2.7B
Q2 24
$5.3B
$2.7B
Q1 24
$5.3B
$2.6B
Total Assets
JOYY
JOYY
SPNT
SPNT
Q4 25
$12.6B
Q3 25
$7.5B
$12.5B
Q2 25
$7.5B
$12.4B
Q1 25
$7.6B
$12.3B
Q4 24
$12.5B
Q3 24
$8.1B
$12.7B
Q2 24
$8.1B
$12.8B
Q1 24
$8.6B
$13.1B
Debt / Equity
JOYY
JOYY
SPNT
SPNT
Q4 25
0.28×
Q3 25
0.31×
Q2 25
0.32×
Q1 25
0.33×
Q4 24
0.33×
Q3 24
0.25×
Q2 24
0.24×
Q1 24
0.30×

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
SPNT
SPNT
Operating Cash FlowLast quarter
$-26.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.11×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JOYY
JOYY
SPNT
SPNT
Q4 25
$-26.4M
Q3 25
$155.6M
Q2 25
$62.1M
Q1 25
$-88.9M
Q4 24
$107.7M
Q3 24
$58.1M
Q2 24
$-149.9M
Q1 24
$58.8M
Cash Conversion
JOYY
JOYY
SPNT
SPNT
Q4 25
-0.11×
Q3 25
1.71×
Q2 25
0.98×
Q1 25
-1.44×
Q4 24
Q3 24
6.84×
Q2 24
-1.32×
Q1 24
0.62×

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%

SPNT
SPNT

Segment breakdown not available.

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