Growth Metrics

Joyy (JOYY) Operating Margin (2016 - 2025)

Joyy has reported Operating Margin over the past 15 years, most recently at 3.14% for Q4 2025.

  • For Q4 2025, Operating Margin rose 8101.0% year-over-year to 3.14%; the TTM value through Dec 2025 reached 2.63%, up 2075.0%, while the annual FY2025 figure was 1.73%, 1986.0% up from the prior year.
  • Operating Margin for Q4 2025 was 3.14% at Joyy, down from 3.62% in the prior quarter.
  • Over five years, Operating Margin peaked at 10.26% in Q2 2022 and troughed at 77.87% in Q4 2024.
  • A 5-year average of 3.26% and a median of 1.1% in 2025 define the central range for Operating Margin.
  • Biggest five-year swings in Operating Margin: tumbled -7871bps in 2024 and later soared 8101bps in 2025.
  • Year by year, Operating Margin stood at 9.13% in 2021, then crashed by -227bps to 11.55% in 2022, then surged by 107bps to 0.84% in 2023, then plummeted by -9352bps to 77.87% in 2024, then skyrocketed by 104bps to 3.14% in 2025.
  • Business Quant data shows Operating Margin for JOYY at 3.14% in Q4 2025, 3.62% in Q3 2025, and 1.14% in Q2 2025.