Growth Metrics

Joyy (JOYY) Cost of Revenue (2016 - 2025)

Joyy has reported Cost of Revenue over the past 15 years, most recently at $376.3 million for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 8.86% year-over-year to $376.3 million; the TTM value through Dec 2025 reached $1.4 billion, down 4.89%, while the annual FY2025 figure was $1.4 billion, 308.48% up from the prior year.
  • Cost of Revenue for Q4 2025 was $376.3 million at Joyy, up from $347.1 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $458.3 million in Q2 2021 and troughed at $315.7 million in Q1 2025.
  • A 5-year average of $379.4 million and a median of $368.8 million in 2023 define the central range for Cost of Revenue.
  • Biggest five-year swings in Cost of Revenue: skyrocketed 76.52% in 2021 and later fell 17.59% in 2022.
  • Year by year, Cost of Revenue stood at $440.2 million in 2021, then dropped by 10.82% to $392.6 million in 2022, then decreased by 6.17% to $368.4 million in 2023, then fell by 6.16% to $345.7 million in 2024, then grew by 8.86% to $376.3 million in 2025.
  • Business Quant data shows Cost of Revenue for JOYY at $376.3 million in Q4 2025, $347.1 million in Q3 2025, and $322.5 million in Q2 2025.