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 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 3.18 Bn | |
| 6 | 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| Date | Value |
|---|---|
| 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 |