Joyy (JOYY) Operating Expenses (2011 - 2025)

Joyy (JOYY) has reported Operating Expenses for 15 consecutive years, with -$187.8 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Operating Expenses rose 70.35% year-over-year to -$187.8 million; the TTM figure through Dec 2025 stood at -$709.1 million (up 41.85% YoY), while the FY2025 annual figure was $709.1 million, down 41.85% from the prior year.
• Operating Expenses came in at -$187.8 million for Q4 2025 at Joyy, down from -$174.2 million in the prior quarter.
• The five-year high for Operating Expenses was -$167.2 million in Q1 2025, with the low at -$633.5 million in Q4 2024.
• Average Operating Expenses over 5 years is -$225.3 million, with a median of -$197.0 million recorded in 2024.
• Across the five-year window, Operating Expenses slumped 217.65% in 2024 and soared 70.35% in 2025, its largest moves.
• Year by year, Operating Expenses stood at -$168.2 million in 2021, then sank by 37.41% to -$231.2 million in 2022, then grew by 13.73% to -$199.4 million in 2023, then plunged by 217.65% to -$633.5 million in 2024, then jumped by 70.35% to -$187.8 million in 2025.
• According to Business Quant data, Operating Expenses over the past three periods registered -$187.8 million, -$174.2 million, and -$179.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.