Joyy (JOYY) Operating Margin (2011 - 2026)
Joyy (JOYY) posted Operating Margin of 2.34% for Q2 2026, up 90.02% on a QoQ basis from 1.23% in Q1 2026, and up 120.0% year-over-year from 1.06% in Q2 2025.
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Joyy (JOYY) Operating Margin (2011 - 2026) Analysis & Trends
Joyy has reported Operating Margin for 16 years, with the latest figure at 2.34% in Q2 2026.
- On a quarterly basis, Operating Margin rose 120.0% year-over-year to 2.34% in Q2 2026; TTM through Jun 2026 was 2.58%, a 2122.0% increase from a year earlier, with the FY2025 full-year figure at 2.63%, up 2075.0% from the prior year.
- Operating Margin was 2.34% for Q2 2026 at Joyy, up from 1.23% in the prior quarter.
- The five-year high for Operating Margin was 6.5% in Q2 2022, with the low at 77.87% in Q4 2024.
- Average Operating Margin over 5 years is 2.57%, with a median of 1.48% recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Margin sank 7871 bps in 2024, then jumped 8101 bps in 2025.
- Over 5 years, Operating Margin stood at 2.34% in 2022, then jumped by 136 bps to 0.84% in 2023, then tumbled by 9352 bps to 77.87% in 2024, then soared by 104 bps to 3.14% in 2025, then declined by 26 bps to 2.34% in 2026.
- The last three Operating Margin figures came in at 2.34% (Q2 2026), 1.23% (Q1 2026), and 3.14% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Meta Platforms | 1,696.33 Bn | 1,606.07 Bn | 49.47 Bn | 30.88% |
| 2 | 29.01 Bn | 26.23 Bn | 734.60 Mn | 28.79% | |
| 3 | Bilibili | 12.48 Bn | 10.34 Bn | 433.97 Mn | 4.70% |
| 4 | 10.51 Bn | 9.24 Bn | 922.30 Mn | -4.68% | |
| 5 | Match | 9.93 Bn | 9.35 Bn | 648.84 Mn | 28.77% |
| 6 | Snap | 9.56 Bn | 6.90 Bn | 931.11 Mn | -10.68% |
| 7 | Rum | 5.38 Bn | 5.26 Bn | - | -175.35% |
| 8 | Sound | 4.72 Bn | 4.61 Bn | - | - |
| 9 | Joyy | 4.14 Bn | 3.82 Bn | 201.60 Mn | 2.34% |
| 10 | Grindr | 2.68 Bn | 2.67 Bn | 103.57 Mn | 23.53% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.34% |
| Mar 31, 2026 | 1.23% |
| Dec 31, 2025 | 3.14% |
| Sep 30, 2025 | 3.62% |
| Jun 30, 2025 | 1.14% |
| Mar 31, 2025 | 2.47% |
| Dec 31, 2024 | -77.87% |
| Sep 30, 2024 | 2.94% |
| Jun 30, 2024 | 0.40% |
| Mar 31, 2024 | 0.63% |
| Dec 31, 2023 | 0.84% |
| Sep 30, 2023 | 2.12% |
| Jun 30, 2023 | 1.72% |
| Mar 31, 2023 | 0.43% |
| Dec 31, 2022 | -2.34% |
| Sep 30, 2022 | 3.38% |
| Jun 30, 2022 | 6.50% |
| Mar 31, 2022 | 1.02% |
| Dec 31, 2021 | 9.13% |
| Sep 30, 2021 | 1.06% |