The earnings call reflected a generally positive outlook with stable growth in key areas like the ad tech business and livestreaming revenue. Despite challenges such as past app removals, the company's financial resilience and strategic expansion into ad tech indicate robust future growth potential.

Company Guidance

During the second quarter of 2025, JOYY Inc. reported total revenue of $508 million, reflecting a 2.7% quarter-over-quarter increase, while the non-GAAP operating profit grew by 27.9% year-over-year to $38 million. The company's non-GAAP EBITDA reached $48 million, marking a 25.7% year-over-year growth. Livestreaming revenue contributed $375 million, showing a 1.1% quarter-over-quarter growth, and BIGO livestreaming revenue was $355 million. Non-livestreaming revenue, which encompasses the advertising business, saw a significant 25.6% year-over-year growth and constituted 26.1% of the total revenues. The advertising segment, BIGO Ads, achieved $87 million in ad revenue, representing a 29% year-over-year growth and a 9% quarter-over-quarter increase. Operating cash flow was robust at $58 million, and the company maintained a strong financial position with $3.3 billion in net cash as of June 30, 2025. The management also highlighted key strategic pillars for growth, including high-quality operations, sustainable growth, AI-driven innovation, and organizational vitality. Looking forward, JOYY anticipates continued growth in both livestreaming and advertising revenues, with a projected third-quarter revenue range of $525 million to $539 million.

Revenue Growth

JOYY Inc. recorded total revenue of $508 million, representing 2.7% growth quarter-over-quarter (Q-o-Q). The non-GAAP operating profit reached $38 million, with a year-over-year (Y-o-Y) growth of 27.9%. Non-GAAP EBITDA grew 25.7% Y-o-Y to $48 million.

Ad Tech Business Expansion

The advertising business achieved robust growth, with non-livestreaming revenue growing 25.6% Y-o-Y and contributing 26.1% to total revenues. BIGO Ads achieved $87 million in ad revenue, representing 29% Y-o-Y growth and 9% Q-o-Q growth.

Financial Resilience

As of June 30, JOYY Inc. maintained $3.3 billion in net cash, highlighting strong financial resilience. Operating cash flow reached $58 million.

Livestreaming Business Stability

Livestreaming revenue reached $375 million with BIGO livestreaming revenue at $355 million, both stabilizing Q-o-Q. BIGO LIVE's user numbers grew 2.3% Q-o-Q, and the premium paying users increased by 13% Q-o-Q.

Global User Growth

The global average mobile monthly active users (MAUs) grew sequentially to 263 million. The MAUs of IM increased by 3 million, with an average daily user time spent up 12.8% Y-o-Y.

JOYY (JOYY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

JOYY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 26, 2025	2025 (Q3)	0.98 / -	1.07	―	―	―
Aug 27, 2025	2025 (Q2)	0.89 / 1.44	1.17	23.08% (+0.27)	―
May 27, 2025	2025 (Q1)	0.91 / 1.18	1.02	15.69% (+0.16)	―
Mar 20, 2025	2024 (Q4)	1.13 / 1.77	1.01	75.25% (+0.76)	―
Nov 27, 2024	2024 (Q3)	0.92 / 1.07	1.22	-12.30% (-0.15)	―
Aug 27, 2024	2024 (Q2)	0.92 / 1.17	1.29	-9.30% (-0.12)	―
May 28, 2024	2024 (Q1)	0.81 / 1.02	0.64	59.38% (+0.38)	―
Mar 18, 2024	2023 (Q4)	0.71 / 1.01	0.65	55.38% (+0.36)	―
Nov 29, 2023	2023 (Q3)	0.70 / 1.22	0.96	27.08% (+0.26)	―
Aug 29, 2023	2023 (Q2)	0.40 / 1.29	0.65	98.46% (+0.64)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

JOYY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 27, 2025	$53.54	$51.67	-3.49%
May 27, 2025	$45.32	$47.30	+4.37%
Mar 20, 2025	$44.94	$39.53	-12.04%
Nov 27, 2024	$33.55	$37.10	+10.58%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does JOYY (JOYY) report earnings?

JOYY (JOYY) is schdueled to report earning on Nov 26, 2025, TBA (Confirmed).

What is JOYY (JOYY) earnings time?

JOYY (JOYY) earnings time is at Nov 26, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is JOYY EPS forecast?

JOYY EPS forecast for the fiscal quarter 2025 (Q3) is 0.98.

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