JOYY Delivers YoY and QoQ Growth in Total Revenues as Diversified Businesses Sustain Strong Momentum

JOYY Inc., a prominent global technology company trading on NASDAQ under the ticker symbol JOYY, announced its second quarter earnings on August 26, 2026. The company reported a 16.3% year-over-year increase and a 6.3% quarter-over-quarter rise in total revenues, amounting to US$590.8 million. Social Entertainment revenue grew by 7.4% year-over-year and 5.6% quarter-over-quarter to US$422.7 million.

Notably, BIGO Ads revenue surged 53.1% year-over-year to US$133.7 million, while SHOPLINE contributed US$34.4 million, marking a 28.6% year-over-year increase. The company's profitability improved, with non-GAAP operating income reaching US$49.1 million, up 28.2% year-over-year and 29.4% quarter-over-quarter. Non-GAAP EBITDA also increased to US$56.9 million, growing by 18.1% year-over-year and 24.4% quarter-over-quarter.

JOYY's cash inflow for the quarter was US$64.9 million, and the company's net cash balance stood at US$3.06 billion as of June 30, 2026. The company committed to returning US$1.5 billion to shareholders by the end of 2028, having already returned US$358.8 million to shareholders from January to August 2026 through share repurchases and dividends.