Growth Metrics

Joyy (JOYY) Research & Development (2016 - 2025)

Joyy has reported Research & Development over the past 15 years, most recently at -$61.5 million for Q4 2025.

  • For Q4 2025, Research & Development rose 8.81% year-over-year to -$61.5 million; the TTM value through Dec 2025 reached -$247.1 million, up 11.34%, while the annual FY2025 figure was $247.1 million, 11.34% down from the prior year.
  • Research & Development for Q4 2025 was -$61.5 million at Joyy, up from -$63.1 million in the prior quarter.
  • Over five years, Research & Development peaked at -$29.3 million in Q4 2021 and troughed at -$100.7 million in Q2 2021.
  • A 5-year average of -$68.1 million and a median of -$68.3 million in 2024 define the central range for Research & Development.
  • Biggest five-year swings in Research & Development: soared 58.03% in 2021 and later tumbled 151.23% in 2022.
  • Year by year, Research & Development stood at -$29.3 million in 2021, then tumbled by 151.23% to -$73.6 million in 2022, then rose by 1.42% to -$72.6 million in 2023, then increased by 7.02% to -$67.5 million in 2024, then grew by 8.81% to -$61.5 million in 2025.
  • Business Quant data shows Research & Development for JOYY at -$61.5 million in Q4 2025, -$63.1 million in Q3 2025, and -$60.1 million in Q2 2025.