Want to see JOYY full AI Analyst Report?
Earnings Data
Report Date
Sep 01, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.16Last Year’s EPS
1.44Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlights strong and accelerating top‑line momentum driven by a significant surge in advertising (BIGO Ads), continued recovery in social entertainment, and Shopline's transition toward scale and improving gross margins. Robust cash generation and a sizable $1.5B shareholder return program underline management confidence. Key near‑term headwinds include margin mix pressure in Ads, FX losses, and ongoing investments that keep Shopline unprofitable for now. On balance, the positive operational and financial progress materially outweigh the challenges.Company Guidance
Strong Overall Revenue Growth
Total net revenues of $555.7M in Q1 2026, up 12.4% year‑over‑year — the company's strongest YoY growth rate in recent years.
Social Entertainment Recovery
Social entertainment revenue of $400.4M, up 3.2% YoY; live streaming revenue returned to growth at +2.4% YoY; core live streaming paying users grew +5.9% YoY; global average mobile MAUs reached 276M, up 6.1% YoY (1.5% QoQ).
BIGO Ads Rapid Expansion
BIGO Ads generated $124.8M in Q1, up 55.6% YoY; BIGO Audience Network (third‑party ads) grew 78.8% YoY; SDK traffic increased 109% YoY (7% QoQ); web‑based demand +90% YoY; IAA spending +97% YoY.
Shopline Transitioning to Scale
Shopline revenue $30.5M, up 16.1% YoY with gross margin expanding to 51.5% (up 6.8 percentage points YoY); cross‑border merchant revenue +66% YoY; Q2 guidance implies Shopline growth accelerating to >25% YoY and management expects breakeven by 2028.
Profitability and Cash Generation
Non‑GAAP EBITDA of ~$45.7M and non‑GAAP operating income of $38M in Q1; operating cash flow of $46M for the quarter; group gross profit $189.3M with gross margin 34.1%.
Very Strong Balance Sheet
Net cash position of approximately $3.18B as of March 31, 2026, providing flexibility for investment and capital returns.
Material Shareholder Return Program
Announced a $1.5B shareholder return program (2026–2028) — up ~67% vs prior program — with up to $600M in repurchases and ~$900M in dividends (annual dividend $300M; annualized buyback authorization ~$200M/year). Returned ~$156.8M YTD via buybacks and dividends.
AI Product Adoption and New Product Traction
AI tools rolled out for streamers; as of April AI‑generated interactive virtual gifts accounted for 34% of Bigo Live virtual gift consumption. New product lineup revenue rose >500% YoY and +45% QoQ, setting monthly records.
Forward Guidance and Confidence
Q2 group revenue guidance $562M–$581M (implying 10.7%–14.4% YoY growth); management expects mid‑double‑digit full‑year growth for BIGO Ads and steady YoY growth across social entertainment and Shopline for 2026.
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 |
|---|---|---|---|
May 25, 2026 | $53.20 | $62.65 | +17.77% |
Mar 11, 2026 | $58.42 | $58.49 | +0.11% |
Nov 20, 2025 | $56.42 | $59.95 | +6.26% |
Aug 27, 2025 | $49.63 | $47.90 | -3.49% |
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 Sep 01, 2026, TBA (Confirmed).
What is Joyy, Inc. (JOYY) earnings time?
Joyy, Inc. (JOYY) earnings time is at Sep 01, 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 (Q2) is 1.16.