Joyy Inc Q2 profit rises on stronger user figures
JOYY Inc., a Singapore-based technology company, announced a significant rise in its second-quarter operating income on Wednesday. The income surged to $13.8 million, marking a remarkable 138.1% increase from $5.8 million in the same period last year and a 102.0% growth from $6.8 million in the previous quarter. This surge in operating income came alongside a substantial rise in net revenues, which increased by 16.3% year-on-year to $590.8 million.
The company reported a global average of 277.1 million mobile monthly active users in the second quarter, representing a 5.5% increase from 262.5 million during the previous year's quarter and a slight 0.3% rise from 276.3 million in the first quarter of 2026. JOYY Inc. emphasized its commitment to optimizing its marketing strategies, focusing on return on investment and high-value users. For the upcoming third quarter of 2026, the company is forecasting net revenues between $602 million and $622 million.
Following the release, U.S. shares of JOYY Inc. experienced a 4% increase in aftermarket trading. The report on this financial performance was generated with the assistance of artificial intelligence and subsequently reviewed by an editor.
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