Joyy, Inc. (JOYY)
NASDAQ:JOYY
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Earnings Data
Report Date
Jun 02, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
1.01Last Year’s EPS
1.18Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call outlined clear and measurable progress: top-line inflection with Q4 revenue up QoQ and YoY, very strong acceleration in BIGO Ads (notably third-party Audience Network), solid non-GAAP profitability improvement, robust operating cash flow and a strong $3.26B net cash position. Management signaled confidence with expanded shareholder returns, a three-segment reporting plan, and guidance implying continued revenue growth in Q1 2026 and for the full year. Key headwinds include margin pressure from a higher share of lower-margin ad-network revenue, ongoing near-term investments required to scale the ad business and Audience Network, Shopline remaining loss-making until its targeted 2028 breakeven, and FX losses. On balance, the positive operational momentum, cash strength, and accelerating ad tech growth outweigh the near-term investments and margin pressures.Company Guidance
Group Revenue Growth (Q4 and FY2025)
Q4 total revenue of $581.9M, up 7.7% quarter-over-quarter and 5.9% year-over-year; full-year 2025 total revenue of $2.12B, marking positive YoY growth since H2 2024.
Live Streaming Sequential Recovery
Q4 live streaming revenue $394.4M, up 1.5% QoQ and marking the third consecutive quarter of sequential growth; global social MAUs reached 272.1M, up 2.2% QoQ, with paying users up 1.5% QoQ and Bigo Live average viewing time per user up 5.6% QoQ.
BIGO Ads Exceptional Acceleration
Q4 BIGO Ads revenue $128.1M, up 61.5% YoY and 23.3% QoQ; third-party Audience Network revenue grew 82.5% YoY and 27.3% QoQ. Full-year BIGO Ads revenue $398.5M, up 38.5% YoY; Audience Network +56.3% YoY for FY2025.
Strong Cash Position and Operating Cash Flow
Net cash balance of $3.26B as of Dec 31, 2025; Q4 operating cash flow reported at ~$115M-$116M and full-year operating cash flow of $305M.
Improving Profitability (Non-GAAP)
Q4 non-GAAP operating profit of $40.8M; FY2025 non-GAAP operating income $150.8M (+10.8% YoY) and non-GAAP EBITDA $189.8M (+10.9% YoY).
Capital Return to Shareholders
Total shareholder returns of $332M in 2025 (dividends + buybacks); Q4 repurchases $67.4M, full-year repurchases $134.6M, and Board approved an additional ~$20M cash dividend (~10% of total dividends for 2025).
Product and AI Adoption Momentum
Revenue from new products increased 37.9% QoQ in Q4; AI-driven virtual gifts accounted for more than 30% of total virtual gift consumption (as of Jan 2026); AI optimizations contributed to higher engagement and payment efficiency.
Strategic Positioning & Guidance
Company plans to report results under three segments (social entertainment, ad tech, e-commerce SaaS) starting Q1 2026; Q1 2026 revenue guidance $538M–$548M (implying +8.8% to +10.9% YoY) with BIGO Ads expected to deliver mid-double-digit YoY growth; company expects positive YoY group revenue growth for full-year 2026 and mid/upper-teens YoY growth in non-GAAP operating income and EBITDA.
Shopline Growth Trajectory
Shopline maintained double-digit revenue growth in 2025, rising contribution to revenue, normalized R&D spending, improved gross profit and a stated path to breakeven targeted for 2028.
JOYY Earnings History
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 |
|---|---|---|---|
Mar 11, 2026 | $61.15 | $61.22 | +0.11% |
Nov 20, 2025 | $59.05 | $62.75 | +6.26% |
Aug 27, 2025 | $51.95 | $50.13 | -3.49% |
May 27, 2025 | $43.97 | $45.90 | +4.38% |
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, Inc. (JOYY) report earnings?
Joyy, Inc. (JOYY) is schdueled to report earning on Jun 02, 2026, TBA (Confirmed).
What is Joyy, Inc. (JOYY) earnings time?
Joyy, Inc. (JOYY) earnings time is at Jun 02, 2026, 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 2026 (Q1) is 1.01.