Joyy (JOYY) Tax Rate (2011 - 2025)
Joyy (JOYY) posted quarterly Tax Rate of 3.36% for Q4 2025, down 337.0% year-over-year from 1.42% in Q4 2024, and up 47.81% on a QoQ basis from 6.44% in Q3 2025.
Joyy (JOYY) Tax Rate (2011 - 2025) Analysis & Trends
Joyy (JOYY) has reported Tax Rate for 15 consecutive years, with 3.36% the latest figure, recorded in Q4 2025.
- In Q4 2025, Tax Rate fell 337.0% year-over-year to 3.36%; the TTM figure through Dec 2025 stood at 7.6% (down 1353.0% YoY), while the FY2025 annual figure was 14.97%, up 1998.0% from the prior year.
- Tax Rate came in at 3.36% for Q4 2025 at Joyy, up from 6.44% in the prior quarter.
- The five-year high for Tax Rate was 39.77% in Q1 2022, with the low at 32.43% in Q2 2022.
- Average Tax Rate over 5 years is 3.06%, with a median of 5.07% recorded in 2023.
- Across the five-year window, Tax Rate soared 2938 bps in 2021 and plunged 6328 bps in 2023, its largest moves.
- Year by year, Tax Rate stood at 3.37% in 2021, then slumped by 668 bps to 25.87% in 2022, then surged by 81 bps to 4.83% in 2023, then surged by 100 bps to 0.01% in 2024, then tumbled by 31486 bps to 3.36% in 2025.
- According to Business Quant data, Tax Rate over the past three periods registered 3.36%, 6.44%, and 9.29% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,330.11 Bn | 4,114.49 Bn | 102.29 Bn | 19.16% |
| 2 | Meta Platforms | 1,553.11 Bn | 1,471.93 Bn | 46.09 Bn | -23.08% |
| 3 | Baidu | 320.91 Bn | 305.99 Bn | 1.88 Mn | 13.72% |
| 4 | BILI Social International | 84.82 Bn | 84.82 Bn | 405,933.00 | 50.45% |
| 5 | Joyy | 70.39 Bn | 70.39 Bn | 205.64 Mn | -3.36% |
| 6 | Nebius | 59.20 Bn | 49.90 Bn | 295.20 Mn | -241,666,666.67% |
| 7 | 37.81 Bn | 35.04 Bn | 511.94 Mn | 0.85% | |
| 8 | Scienjoy Holding | 37.35 Bn | -14.16 Bn | 7.27 Mn | -27.96% |
| 9 | Tencent Music Entertainment | 26.62 Bn | 24.37 Bn | 514.00 Mn | -17.55% |
| 10 | 13.92 Bn | 12.62 Bn | 768.96 Mn | -15.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -3.36 |
| Dec 31, 2025 | -3.36 |
| Sep 30, 2025 | -6.44 |
| Sep 30, 2025 | -6.44 |
| Jun 30, 2025 | -9.29 |
| Jun 30, 2025 | -9.29 |
| Mar 31, 2025 | -10.13 |
| Mar 31, 2025 | -10.13 |
| Dec 31, 2024 | 0.01 |
| Dec 31, 2024 | 0.01 |
| Sep 30, 2024 | -11.32 |
| Sep 30, 2024 | -11.32 |
| Jun 30, 2024 | -5.52 |
| Jun 30, 2024 | -5.52 |
| Mar 31, 2024 | -8.71 |
| Mar 31, 2024 | -8.71 |
| Dec 31, 2023 | -4.83 |
| Dec 31, 2023 | -4.83 |
| Sep 30, 2023 | -5.31 |
| Sep 30, 2023 | -5.31 |