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 | 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 | 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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |