Joyy (JOYY) Net Margin (2011 - 2026)
Joyy (JOYY) recorded Net Margin of 8.71% in the quarter ended Jun 30, 2026, down 3.20 percentage points from 11.91% a year earlier and down 0.35 percentage points from the prior quarter.
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Analysis
Joyy (JOYY) Net Margin (2011 - 2026) Analysis & Trends
On a TTM basis, Joyy's Net Margin came in at 9.58% as of Jun 30, 2026, down 68.68 percentage points year-over-year; for the year ended Dec 31, 2025, it was 100.58%, up 109.44 percentage points from the prior year.
- Annual Net Margin has a five-year change of +27.95 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Net Margin came in at -8.86% in the year ended Dec 31, 2024 (-19.85 pp), 10.99% in the year ended Dec 31, 2023 (+6.78 pp), 4.21% in the year ended Dec 31, 2022 (+7.60 pp) and -3.39% in the year ended Dec 31, 2021 (-76.02 pp).
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Net Margin since the quarter ended Dec 31, 2024.
- On a year-over-year basis, Net Margin rose in five of the last eight quarters, with an average year-over-year change of +1.68 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 381.41 percentage points in the quarter ended Mar 31, 2025, against a drop of 379.53 percentage points in the quarter ended Mar 31, 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 9.06% (quarter ended Mar 31, 2026), 9.28% (quarter ended Dec 31, 2025) and 11.41% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 93.58% |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 26.07% |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 27.08% |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | 3.92% |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 41.92% |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 16.87% |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 26.52% |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | 24.19% |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 11.41% |
| 10 | Joyy | 4.41 Bn | 1.76 Bn | 201.60 Mn | 8.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.71% |
| Mar 31, 2026 | 9.06% |
| Dec 31, 2025 | 9.28% |
| Sep 30, 2025 | 11.41% |
| Jun 30, 2025 | 11.91% |
| Mar 31, 2025 | 388.59% |
| Dec 31, 2024 | -70.29% |
| Sep 30, 2024 | 10.78% |
| Jun 30, 2024 | 9.15% |
| Mar 31, 2024 | 7.96% |
| Dec 31, 2023 | 7.98% |
| Sep 30, 2023 | 21.85% |
| Jun 30, 2023 | 27.87% |
| Mar 31, 2023 | 4.36% |
| Dec 31, 2022 | -62.83% |
| Sep 30, 2022 | 87.41% |
| Jun 30, 2022 | 2.75% |
| Mar 31, 2022 | -5.07% |
| Dec 31, 2021 | 10.70% |
| Sep 30, 2021 | 0.81% |
API Access
Joyy Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=JOYY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "JOYY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=JOYY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();