Joyy (JOYY) Gross Margin (2011 - 2026)

Joyy has reported Gross Margin for 16 years, with the latest figure at 34.13% in Q2 2026.

• On a quarterly basis, Gross Margin fell 236.0% year-over-year to 34.13% in Q2 2026; TTM through Jun 2026 was 34.81%, a 195.0% decrease from a year earlier, with the FY2025 full-year figure at 35.9%, down 13.0% from the prior year.
• Gross Margin was 34.13% for Q2 2026 at Joyy, roughly flat from 34.06% in the prior quarter.
• The five-year high for Gross Margin was 37.53% in Q3 2022, with the low at 32.25% in Q1 2022.
• Average Gross Margin over 5 years is 35.61%, with a median of 35.55% recorded in 2025.
• The sharpest annual moves came in 2022 and 2026: Gross Margin soared 590 bps in 2022, then sank 236 bps in 2026.
• Over 5 years, Gross Margin stood at 35.1% in 2022, then gained by 1 bps to 35.36% in 2023, then increased by 5 bps to 37.09% in 2024, then slipped by 5 bps to 35.34% in 2025, then dropped by 3 bps to 34.13% in 2026.
• The last three Gross Margin figures came in at 34.13% (Q2 2026), 34.06% (Q1 2026), and 35.34% (Q4 2025), per Business Quant data.