Growth Metrics

Joyy (JOYY) Operating Expenses (2016 - 2025)

Joyy has reported Operating Expenses over the past 15 years, most recently at -$187.8 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 70.35% year-over-year to -$187.8 million; the TTM value through Dec 2025 reached -$709.1 million, up 41.85%, while the annual FY2025 figure was $709.1 million, 41.85% down from the prior year.
  • Operating Expenses for Q4 2025 was -$187.8 million at Joyy, down from -$174.2 million in the prior quarter.
  • Over five years, Operating Expenses peaked at -$167.2 million in Q1 2025 and troughed at -$633.5 million in Q4 2024.
  • A 5-year average of -$225.3 million and a median of -$197.0 million in 2024 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: crashed 217.65% in 2024 and later soared 70.35% in 2025.
  • Year by year, Operating Expenses stood at -$168.2 million in 2021, then crashed by 37.41% to -$231.2 million in 2022, then rose by 13.73% to -$199.4 million in 2023, then crashed by 217.65% to -$633.5 million in 2024, then soared by 70.35% to -$187.8 million in 2025.
  • Business Quant data shows Operating Expenses for JOYY at -$187.8 million in Q4 2025, -$174.2 million in Q3 2025, and -$179.8 million in Q2 2025.