Joyy (JOYY) EBITDA Margin (2011 - 2025)

Joyy (JOYY) posted quarterly EBITDA Margin of 3.14% for Q4 2025, up 8101.0% year-over-year from 0.04% in Q4 2024, and down 13.28% quarter-over-quarter from 3.62% in Q3 2025.

Joyy (JOYY) EBITDA Margin (2011 - 2025) Analysis & Trends

Joyy's EBITDA Margin history runs 15 years deep, the most recent figure standing at 3.14% for Q4 2025.

  • In Q4 2025, EBITDA Margin rose 8101.0% year-over-year to 3.14%; the TTM figure through Dec 2025 stood at 4.79% (up 1835.0% YoY), while the FY2025 annual figure was 2.63%, up 2075.0% from the prior year.
  • EBITDA Margin for Q4 2025 stood at 3.14%, down from 3.62% in the prior quarter.
  • The five-year high for EBITDA Margin was 11.23% in Q3 2024, with the low at 77.87% in Q4 2024.
  • The 5-year median for EBITDA Margin is 2.8% (2025), against an average of 0.77%.
  • The sharpest annual moves came in 2021 and 2025: EBITDA Margin tumbled 13709 bps in 2021, then surged 8101 bps in 2025.
  • Joyy's EBITDA Margin stood at 9.13% in 2021, then slumped by 126 bps to 2.34% in 2022, then surged by 136 bps to 0.84% in 2023, then tumbled by 9352 bps to 77.87% in 2024, then jumped by 104 bps to 3.14% in 2025.
  • Business Quant data shows JOYY's EBITDA Margin at 3.14% in Q4 2025, 3.62% in Q3 2025, and 10.18% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Alphabet 4,239.24 Bn 3,810.20 Bn 73.85 Bn 34.03%
2 Meta Platforms 1,536.10 Bn 1,445.84 Bn 49.47 Bn 30.88%
3 Taboola.com 1,139.07 Bn 1,138.93 Bn 139.48 Mn 1.52%
4 Baidu 289.49 Bn 284.99 Bn 1.88 Mn 18.86%
5 Spotify Technology 102.84 Bn 92.60 Bn 1.75 Bn 23.32%
6 Joyy 77.82 Bn 76.94 Bn 205.64 Mn 3.14%
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00 18.99%
8 Nebius 49.20 Bn 39.58 Bn 295.20 Mn 32.46%
9 Reddit 30.50 Bn 27.72 Bn 734.60 Mn 28.79%
10 Tencent Music Entertainment 27.07 Bn 24.37 Bn 514.00 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 3.14%
Sep 30, 2025 3.62%
Jun 30, 2025 10.18%
Mar 31, 2025 2.47%
Dec 31, 2024 -77.87%
Sep 30, 2024 11.23%
Jun 30, 2024 10.26%
Mar 31, 2024 0.63%
Dec 31, 2023 0.84%
Sep 30, 2023 2.12%
Jun 30, 2023 11.04%
Mar 31, 2023 8.26%
Dec 31, 2022 -2.34%
Sep 30, 2022 9.88%
Jun 30, 2022 6.50%
Mar 31, 2022 1.02%
Dec 31, 2021 9.13%
Sep 30, 2021 1.06%
Jun 30, 2021 -15.28%
Mar 31, 2021 -11.36%