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JOYY INC (JOYY) Graph

JOYY Revenue Flow

Filed revenue amounts for 2025-01-01 to 2025-12-31. Coverage is partial. Unconnected amounts are separate disclosures; they must not be added together.

  • 2025-12-31: Revenue (m); Revenue including tax $2.12B; Cost of revenue $1.36B; Research and development $247.13M.
  • 2024-12-31: Revenue (m); Revenue including tax $2.24B; Cost of revenue $1.43B; Research and development $278.74M.
  • 2023-12-31: Revenue (m); Revenue including tax $2.27B; Cost of revenue $1.45B; Research and development $295.50M.
  • 2022-12-31: Revenue (m); Revenue including tax $2.41B; Cost of revenue $1.56B; Research and development $261.81M.

Consolidated Entities

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

JOYY revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Variable Interest Entity PrimaryBeneficiary Group Companies$62.43MVariable Interest Entity PrimaryBeneficiary Third Parties$185.08MRevenue$2.12BCost of revenue$1.36BGross profit$762.63MOperating expenses$709.13MOperating income$55.82MResearch & development$247.13MPre-tax income$216.12MIncome tax$16.43M

Product or service

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

JOYY revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Advertising$442.72MProduct AndService Other$151.86MLive Streaming$1.53BRevenue$2.12BCost of revenue$1.36BGross profit$762.63MOperating expenses$709.13MOperating income$55.82MResearch & development$247.13MPre-tax income$216.12MIncome tax$16.43M

Geography

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

JOYY revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Developed Countries$1.25BSoutheast AsiaAnd Other$420.89MAE$244.22MCN$208.72MRevenue$2.12BCost of revenue$1.36BGross profit$762.63MOperating expenses$709.13MOperating income$55.82MResearch & development$247.13MPre-tax income$216.12MIncome tax$16.43M

Fair Value By Asset Class

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

JOYY revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Equity MethodInvestments$573.02MRevenue$2.12BCost of revenue$1.36BGross profit$762.63MOperating expenses$709.13MOperating income$55.82MResearch & development$247.13MPre-tax income$216.12MIncome tax$16.43M

Segment

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

JOYY revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.All Other Segment$277.14MBigo$1.85BElimination-$1.33MRevenue$2.12BCost of revenue$1.36BGross profit$762.63MOperating expenses$709.13MOperating income$55.82MResearch & development$247.13MPre-tax income$216.12MIncome tax$16.43M

Finer product or service dollar figures and nonoverlapping groupings are shown only where supported by the retained filing evidence. Growth percentages are never converted to revenue dollars.

Historical revenue and expense breakdown

Revenue and expense 12 month

Period endRevenueRevenue including taxCost of revenueResearch and developmentOperating expensesIncome taxNet income
2025-12-31(m)$2.12B$1.36B$247.13M$709.13M$16.43M$2.10B
2024-12-31(m)$2.24B$1.43B$278.74M$1.22B$13.48M-$146.24M
2023-12-31(m)$2.27B$1.45B$295.50M$787.74M$18.86M$301.82M
2022-12-31(m)$2.41B$1.56B$261.81M$818.90M$34.58M$128.89M
2021-12-31(m)$2.62B$1.78B$279.78M$969.92M$25.75M-$80.29M
2020-12-31$2.03B$1.92B$1.38B$302.82M$954.87M$27.82M$1.37B
2019-12-31$3.67B$900.70M$656.92M$236.50M$776.56M-$20.10M$509.81M
2018-12-31$2.29B$128.85M$1.46B$173.38M$469.00M$69.48M(m)
2017-12-31$1.78B(m)$1.08B$120.17M$310.52M$63.91M$383.21M
2016-12-31$1.18B(m)$735.05M$97.25M$225.06M$40.40M$219.49M
2015-12-31$910.38M(m)$552.62M$84.72M$191.08M$27.53M$159.51M
2014-12-31(m)(m)$298.03M$69.50M$121.96M$24.87M$171.56M
2013-12-31(m)(m)$145.70M$44.11M$81.36M$14.86M$78.92M
2012-12-31(m)(m)(m)$28.37M$48.71M$4.66M$14.31M