Joyy (JOYY) EBITDA Margin (2011 - 2026)
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.
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Joyy (JOYY) EBITDA Margin (2011 - 2026) 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 34.03% |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 30.88% |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 21.88% |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -30.21% |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 28.79% | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 4.70% |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | -4.68% | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 30.57% |
| 10 | Joyy | 3.93 Bn | 3.42 Bn | 201.60 Mn | 65.99% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 65.99% |
| Mar 31, 2026 | 67.07% |
| 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 | 0.43% |
| Dec 31, 2022 | -2.34% |
| Sep 30, 2022 | 3.38% |
| Jun 30, 2022 | 6.50% |
| Mar 31, 2022 | 1.02% |
| Dec 31, 2021 | 9.13% |
| Sep 30, 2021 | 1.06% |