Joyy (JOYY) Operating Margin (2011 - 2026)
Joyy (JOYY) posted Operating Margin of 2.34% for the quarter ended Jun 30, 2026, up 1.20 percentage points from 1.14% a year earlier and up 1.11 percentage points from the prior quarter.
Joyy (JOYY) Operating Margin (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Joyy was 2.58%, up 21.22 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 2.63%, up 20.75 percentage points from the prior year.
- Annual Operating Margin shows a five-year change of +2.63 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, Joyy's Operating Margin was -18.13% in the year ended Dec 31, 2024 (-19.40 pp), 1.27% in the year ended Dec 31, 2023 (-0.83 pp), 2.10% in the year ended Dec 31, 2022 (+6.18 pp) and -4.07% in the year ended Dec 31, 2021 (-4.07 pp).
- Quarterly Operating Margin has run from a low of -77.87% in the quarter ended Dec 31, 2024 to a high of 9.13% in the quarter ended Dec 31, 2021 over five years.
- On a year-over-year basis, Operating Margin increased in six of the last eight quarters, with an average year-over-year change of +0.79 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was the quarter ended Dec 31, 2025, with a gain of 81.01 percentage points; the weakest was the quarter ended Dec 31, 2024, with a drop of 78.71 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 1.23% (quarter ended Mar 31, 2026), 3.14% (quarter ended Dec 31, 2025) and 3.62% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 34.03% |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 30.88% |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 33.38% |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | 5.64% |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 13.62% |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 13.32% |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 34.00% |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | 24.71% |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 13.71% |
| 10 | Joyy | 4.41 Bn | 1.76 Bn | 201.60 Mn | 2.34% |
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% |
Joyy Operating 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=operating-margin&ticker=JOYY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=JOYY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();