At a glance
- Company
- JOYY Inc.
- Ticker
- NASDAQ: JOYY
- Announcement
- Earnings
- Location
- Singapore
Key figures
- Second-quarter total revenues
- US$590.8 million
- Non-GAAP operating income
- US$49.1 million
- Non-GAAP EBITDA
- US$56.9 million
- Net cash as of June 30, 2026
- US$3.06 billion
- Planned cumulative shareholder returns by end of 2028
- US$1.5 billion
- Shareholder returns from January 1 to August 21, 2026
- US$358.8 million
Products and programs
SINGAPORE – 26 August 2026 – JOYY Inc. (NASDAQ: JOYY) ("JOYY" or the "Company"), a leading global technology company, today released its unaudited financial results for the second quarter ended June 30, 2026.
For the second quarter, JOYY reported total revenues of US$590.8 million, representing an increase of 16.3% year over year and 6.3% quarter over quarter. Social Entertainment revenue expanded 7.4% year over year and 5.6% quarter over quarter to US$422.7 million. BIGO Ads and SHOPLINE, the second growth engine of the Company, continued to deliver strong performance. BIGO Ads revenue generated US$133.7 million, up 53.1% year over year, while SHOPLINE contributed US$34.4 million, marking an accelerated year-over-year growth rate of 28.6%.
The Company continued to strengthen its profitability in the second quarter, with non-GAAP¹ operating income reaching US$49.1 million, up 28.2% year over year and 29.4% quarter over quarter. Non-GAAP¹ EBITDA reached US$56.9 million, up 18.1% year over year and 24.4% quarter over quarter. Operating cash inflow totaled US$64.9 million during the quarter, while net cash stood at US$3.06 billion as of June 30, 2026.
JOYY continued to deliver on its shareholder return commitment in 2026. Following the update of its three-year shareholder return program in May, the Company plans to return a cumulative US$1.5 billion to shareholders by the end of 2028. From January 1 to August 21, 2026, the Company returned US$358.8 million to shareholders, comprising US$216.4 million in share repurchases and US$142.4 million in dividends.
1. This press release includes certain non-GAAP financial measures as additional clarifying items to aid investors in further understanding the Company's performance and the impact that these items and events had on the financial results. The non-GAAP financial measures provided above should not be considered as a substitute for, or superior to, the measures of financial performance prepared in accordance with GAAP. For details of the non-GAAP measures, including the reconciliations of GAAP measures to non-GAAP measures, please refer to the press release titled "JOYY Reports Second Quarter 2026 Unaudited Financial Results" issued by the Company on August 26, 2026.
Hashtag: #JOYY #FinancialReport
For the second quarter, JOYY reported total revenues of US$590.8 million, representing an increase of 16.3% year over year and 6.3% quarter over quarter. Social Entertainment revenue expanded 7.4% year over year and 5.6% quarter over quarter to US$422.7 million. BIGO Ads and SHOPLINE, the second growth engine of the Company, continued to deliver strong performance. BIGO Ads revenue generated US$133.7 million, up 53.1% year over year, while SHOPLINE contributed US$34.4 million, marking an accelerated year-over-year growth rate of 28.6%.
The Company continued to strengthen its profitability in the second quarter, with non-GAAP¹ operating income reaching US$49.1 million, up 28.2% year over year and 29.4% quarter over quarter. Non-GAAP¹ EBITDA reached US$56.9 million, up 18.1% year over year and 24.4% quarter over quarter. Operating cash inflow totaled US$64.9 million during the quarter, while net cash stood at US$3.06 billion as of June 30, 2026.
JOYY continued to deliver on its shareholder return commitment in 2026. Following the update of its three-year shareholder return program in May, the Company plans to return a cumulative US$1.5 billion to shareholders by the end of 2028. From January 1 to August 21, 2026, the Company returned US$358.8 million to shareholders, comprising US$216.4 million in share repurchases and US$142.4 million in dividends.
1. This press release includes certain non-GAAP financial measures as additional clarifying items to aid investors in further understanding the Company's performance and the impact that these items and events had on the financial results. The non-GAAP financial measures provided above should not be considered as a substitute for, or superior to, the measures of financial performance prepared in accordance with GAAP. For details of the non-GAAP measures, including the reconciliations of GAAP measures to non-GAAP measures, please refer to the press release titled "JOYY Reports Second Quarter 2026 Unaudited Financial Results" issued by the Company on August 26, 2026.
Hashtag: #JOYY #FinancialReport
The issuer is solely responsible for the content of this announcement.
In brief
JOYY Inc. reported second-quarter 2026 revenue of US$590.8 million, up year over year and quarter over quarter. The company said Social Entertainment revenue reached US$422.7 million, while BIGO Ads and SHOPLINE generated US$133.7 million and US$34.4 million, respectively. Non-GAAP operating income was US$49.1 million, and non-GAAP EBITDA reached US$56.9 million. JOYY also reported US$64.9 million in operating cash inflow and net cash of US$3.06 billion as of June 30. The company said it plans to return a cumulative US$1.5 billion to shareholders by the end of 2028. From January 1 through August 21, 2026, it returned US$358.8 million through share repurchases and dividends.
Key takeaways
- Second-quarter revenue rose 16.3% year over year to US$590.8 million, according to JOYY.
- BIGO Ads revenue increased 53.1% year over year, while SHOPLINE grew 28.6%.
- Non-GAAP operating income rose 28.2% year over year to US$49.1 million.
- JOYY plans to return a cumulative US$1.5 billion to shareholders by the end of 2028.
SEC filings
Earlier from JOYY Inc.
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