Joyy (JOYY) Net Margin (2011 - 2025)
Joyy (JOYY) recorded quarterly Net Margin of 332.85% in Q4 2025, up 2938.08% quarter-over-quarter from 10.96% in Q3 2025, and up 38827.0% on a YoY basis from N/an in Q4 2024.
Joyy (JOYY) Net Margin (2011 - 2025) Analysis & Trends
Joyy's Net Margin history runs 15 years deep, the most recent figure standing at 332.85% for Q4 2025.
- In Q4 2025, Net Margin rose 38827.0% year-over-year to 332.85%; the TTM figure through Dec 2025 stood at 98.72% (up 10568.0% YoY), while the FY2025 annual figure was 98.72%, up 10532.0% from the prior year.
- Net Margin was 332.85% for Q4 2025 at Joyy, up from 10.96% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 332.85% in Q4 2025 to a low of 62.83% in Q4 2022.
- Historically, Net Margin has averaged 15.73% across 5 years, with a median of 4.97% in 2021.
- The sharpest annual moves came in 2022 and 2025: Net Margin slumped 7353 bps in 2022, then surged 38827 bps in 2025.
- A 5-year view of Net Margin shows it stood at 10.7% in 2021, then slumped by 687 bps to 62.83% in 2022, then jumped by 80 bps to 12.4% in 2023, then sank by 347 bps to 55.42% in 2024, then soared by 701 bps to 332.85% in 2025.
- The last three Net Margin figures came in at 332.85% (Q4 2025), 10.96% (Q3 2025), and 11.43% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 155.44% |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 56.94% |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 47.54% |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 15.91% |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 30.75% | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | -7.30% | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | 55.91% |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | -5.82% |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 6.50% |
| 10 | Joyy | - | - | 205.64 Mn | 332.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 332.85% |
| Sep 30, 2025 | 10.96% |
| Jun 30, 2025 | 11.43% |
| Mar 31, 2025 | 8.68% |
| Dec 31, 2024 | -55.42% |
| Sep 30, 2024 | 10.02% |
| Jun 30, 2024 | 8.46% |
| Mar 31, 2024 | 7.96% |
| Dec 31, 2023 | -12.40% |
| Jun 30, 2023 | -13.30% |
| Mar 31, 2023 | -32.71% |
| Dec 31, 2022 | -62.83% |
| Sep 30, 2022 | 87.41% |
| Jun 30, 2022 | 2.75% |
| Mar 31, 2022 | -4.61% |
| Dec 31, 2021 | 10.70% |
| Sep 30, 2021 | 0.81% |
| Jun 30, 2021 | -16.88% |
| Mar 31, 2021 | 4.97% |
| Dec 31, 2020 | -90.19% |