JOYY Inc. (JOYY) Net Margin (2011 - 2025)

Joyy (JOYY) has reported Net Margin for 15 consecutive years, with 9.28% the latest figure, recorded in Q4 2025.

• In Q4 2025, Net Margin rose 6469.0% year-over-year to 9.28%; the TTM figure through Dec 2025 stood at 98.5% (up 10547.0% YoY), while the FY2025 annual figure was 98.72%, up 10532.0% from the prior year.
• Net Margin came in at 9.28% for Q4 2025 at Joyy, down from 11.41% in the prior quarter.
• The five-year high for Net Margin was 388.15% in Q1 2025, with the low at 62.83% in Q4 2022.
• Average Net Margin over 5 years is 22.19%, with a median of 8.22% recorded in 2023.
• Across the five-year window, Net Margin slumped 7536 bps in 2023 and soared 38019 bps in 2025, its largest moves.
• Year by year, Net Margin stood at 10.7% in 2021, then tumbled by 687 bps to 62.83% in 2022, then surged by 113 bps to 7.98% in 2023, then slumped by 794 bps to 55.42% in 2024, then surged by 117 bps to 9.28% in 2025.
• According to Business Quant data, Net Margin over the past three periods registered 9.28%, 11.41%, and 11.43% for Q4 2025, Q3 2025, and Q2 2025 respectively.