Joyy (JOYY) Invested Capital (2010 - 2025)

Joyy (JOYY) recorded quarterly Invested Capital of $6.6 billion in Q4 2025, down 0.93% quarter-over-quarter from $6.6 billion in Q3 2025, and up 37.39% on a YoY basis from $4.8 billion in Q4 2024.

Joyy (JOYY) Invested Capital (2010 - 2025) Analysis & Trends

Joyy's Invested Capital history runs 16 years deep, the most recent figure standing at $6.6 billion for Q4 2025.

  • In Q4 2025, Invested Capital rose 37.39% year-over-year to $6.6 billion; the TTM figure through Dec 2025 stood at $6.6 billion (up 37.39% YoY), while the FY2025 annual figure was $6.6 billion, up 37.39% from the prior year.
  • Invested Capital was $6.6 billion for Q4 2025 at Joyy, down from $6.6 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $6.6 billion in Q3 2025 to a low of $4.8 billion in Q4 2024.
  • Historically, Invested Capital has averaged $5.7 billion across 5 years, with a median of $5.5 billion in 2021.
  • The sharpest annual moves came in 2024 and 2025: Invested Capital retreated 15.82% in 2024, then soared 37.39% in 2025.
  • A 5-year view of Invested Capital shows it stood at $5.6 billion in 2021, then fell by 2.05% to $5.4 billion in 2022, then increased by 4.53% to $5.7 billion in 2023, then decreased by 15.82% to $4.8 billion in 2024, then jumped by 37.39% to $6.6 billion in 2025.
  • The last three Invested Capital figures came in at $6.6 billion (Q4 2025), $6.6 billion (Q3 2025), and $6.6 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 7.26 Bn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 478.75 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 243.68 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 21.07 Mn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 3.18 Bn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 2.85 Bn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn 2.97 Bn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 5.62 Bn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 4.74 Bn
10 Joyy - - 205.64 Mn 6.59 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 6.59 Bn
Sep 30, 2025 6.65 Bn
Jun 30, 2025 6.64 Bn
Mar 31, 2025 6.63 Bn
Dec 31, 2024 4.79 Bn
Sep 30, 2024 5.29 Bn
Jun 30, 2024 5.31 Bn
Mar 31, 2024 5.33 Bn
Dec 31, 2023 5.70 Bn
Sep 30, 2023 5.29 Bn
Jun 30, 2023 5.20 Bn
Mar 31, 2023 5.42 Bn
Dec 31, 2022 5.45 Bn
Sep 30, 2022 5.80 Bn
Jun 30, 2022 5.25 Bn
Mar 31, 2022 5.48 Bn
Dec 31, 2021 5.56 Bn
Sep 30, 2021 5.64 Bn
Jun 30, 2021 5.74 Bn
Mar 31, 2021 5.87 Bn