Joyy JOYY
NASDAQ JOYY
$78.73 -0.15 (-0.19%)
At close: Sep 18, 2026 · 4:00 PM EDT

Joyy (JOYY) Research & Development (2011 - 2026)

Joyy (JOYY) posted Research & Development of -$53.0 million for Q2 2026, up 13.34% on a QoQ basis from -$61.2 million in Q1 2026, and up 11.74% year-over-year from -$47.5 million in Q2 2025.

Analysis

Joyy (JOYY) Research & Development (2011 - 2026) Analysis & Trends

Joyy has reported Research & Development for 16 years, with the latest figure at -$53.0 million in Q2 2026.

  • On a quarterly basis, Research & Development rose 11.74% year-over-year to -$53.0 million in Q2 2026; TTM through Jun 2026 was -$238.8 million, a 8.96% increase from a year earlier, with the FY2025 full-year figure at -$247.1 million, up 11.34% from the prior year.
  • Research & Development was -$53.0 million for Q2 2026 at Joyy, up from -$61.2 million in the prior quarter.
  • The five-year high for Research & Development was -$53.0 million in Q2 2026, with the low at -$75.8 million in Q1 2023.
  • Average Research & Development over 5 years is -$66.5 million, with a median of -$65.8 million recorded in 2022.
  • The largest YoY upside for Research & Development was 37.59% in 2022 against a maximum downside of 151.23% in 2022.
  • Over 5 years, Research & Development stood at -$73.6 million in 2022, then increased by 1.42% to -$72.6 million in 2023, then grew by 7.02% to -$67.5 million in 2024, then climbed by 8.81% to -$61.5 million in 2025, then advanced by 13.84% to -$53.0 million in 2026.
  • The last three Research & Development figures came in at -$53.0 million (Q2 2026), -$61.2 million (Q1 2026), and -$61.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Meta Platforms 1,696.33 Bn 1,606.07 Bn 49.47 Bn 21.66 Bn
2 Reddit 29.01 Bn 26.23 Bn 734.60 Mn 231.28 Mn
3 Bilibili 12.48 Bn 10.34 Bn 433.97 Mn -148.13 Mn
4 Pinterest 10.51 Bn 9.24 Bn 922.30 Mn 451.01 Mn
5 Match 9.93 Bn 9.35 Bn 648.84 Mn 158.25 Mn
6 Snap 9.56 Bn 6.90 Bn 931.11 Mn 542.09 Mn
7 Rum 5.38 Bn 5.26 Bn - 10.38 Mn
8 Sound 4.72 Bn 4.61 Bn - -
9 Joyy 4.14 Bn 3.82 Bn 201.60 Mn -53.02 Mn
10 Grindr 2.68 Bn 2.67 Bn 103.57 Mn 20.31 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -53.02 Mn
Mar 31, 2026 -61.19 Mn
Dec 31, 2025 -61.54 Mn
Sep 30, 2025 -63.09 Mn
Jun 30, 2025 -60.08 Mn
Mar 31, 2025 -62.43 Mn
Dec 31, 2024 -67.49 Mn
Sep 30, 2024 -72.36 Mn
Jun 30, 2024 -69.86 Mn
Mar 31, 2024 -69.04 Mn
Dec 31, 2023 -72.58 Mn
Sep 30, 2023 -71.61 Mn
Jun 30, 2023 -75.54 Mn
Mar 31, 2023 -75.78 Mn
Dec 31, 2022 -73.63 Mn
Sep 30, 2022 -61.21 Mn
Jun 30, 2022 -62.88 Mn
Mar 31, 2022 -64.10 Mn
Dec 31, 2021 -29.31 Mn
Sep 30, 2021 -62.73 Mn