Joyy (JOYY) Cost of Revenue (2011 - 2026)
Joyy (JOYY) recorded Cost of Revenue of $389.16 million in the quarter ended Jun 30, 2026, up 20.7% from $322.52 million a year earlier and up 6.2% from the prior quarter.
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Analysis
Joyy (JOYY) Cost of Revenue (2011 - 2026) Analysis & Trends
On a TTM basis, Joyy's Cost of Revenue came in at $1.48 billion as of Jun 30, 2026, up 10.8% year-over-year; for the year ended Dec 31, 2025, it came in at $1.53 billion, down 14.4% from the prior year.
- Annual Cost of Revenue has declined for four straight years, with a five-year compound annual growth rate of -3.4% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Cost of Revenue came in at $1.79 billion in the year ended Dec 31, 2024 (-9.7%), $1.98 billion in the year ended Dec 31, 2023 (-11.1%), $2.23 billion in the year ended Dec 31, 2022 (-10.1%) and $2.48 billion in the year ended Dec 31, 2021 (+36.4%).
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Cost of Revenue since the quarter ended Dec 31, 2022.
- On a year-over-year basis, Cost of Revenue has increased for three consecutive quarters, with growth averaging 1.2% over the last eight quarters.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 20.7% in the quarter ended Jun 30, 2026, against a decline of 17.6% in the quarter ended Jun 30, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $366.4 million (quarter ended Mar 31, 2026), $376.28 million (quarter ended Dec 31, 2025) and $347.09 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 45.94 Bn |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 11.33 Bn |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 6.04 Bn |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | 24.48 Bn |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 1.88 Bn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 7.82 Bn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | - |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | 7.08 Bn |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 3.70 Bn |
| 10 | Joyy | 4.41 Bn | 1.76 Bn | 201.60 Mn | 389.16 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 389.16 Mn |
| Mar 31, 2026 | 366.40 Mn |
| Dec 31, 2025 | 376.28 Mn |
| Sep 30, 2025 | 347.09 Mn |
| Jun 30, 2025 | 322.52 Mn |
| Mar 31, 2025 | 315.74 Mn |
| Dec 31, 2024 | 345.66 Mn |
| Sep 30, 2024 | 350.54 Mn |
| Jun 30, 2024 | 366.19 Mn |
| Mar 31, 2024 | 369.20 Mn |
| Dec 31, 2023 | 368.36 Mn |
| Sep 30, 2023 | 357.91 Mn |
| Jun 30, 2023 | 349.57 Mn |
| Mar 31, 2023 | 379.00 Mn |
| Dec 31, 2022 | 392.58 Mn |
| Sep 30, 2022 | 366.51 Mn |
| Jun 30, 2022 | 377.67 Mn |
| Mar 31, 2022 | 422.62 Mn |
| Dec 31, 2021 | 440.19 Mn |
| Sep 30, 2021 | 439.76 Mn |
API Access
Joyy Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=JOYY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "JOYY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=JOYY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();