JOYY Income Statement (2011-2025) | JOYY

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Income Statement	Dec2011	Mar2012	Jun2012	Sep2012	Dec2012	Mar2013	Jun2013	Sep2013	Dec2013	Mar2014	Jun2014	Sep2014	Dec2014	Mar2015	Jun2015	Sep2015	Dec2015	Mar2016	Jun2016	Sep2016	Dec2016	Mar2017	Jun2017	Sep2017	Dec2017	Mar2018	Jun2018	Sep2018	Dec2018	Mar2019	Jun2019	Sep2019	Dec2019	Mar2020	Jun2020	Sep2020	Dec2020	Mar2021	Jun2021	Sep2021	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025
Revenue & cost
Revenue	0.11B	0.14B	0.19B	0.23B	0.27B	0.31B	0.41B	0.49B	0.61B	0.67B	0.84B	1.00B	1.17B	1.15B	1.36B	1.49B	1.90B	1.65B	1.98B	2.09B	2.48B	2.27B	2.61B	3.09B	3.63B	3.25B	3.77B	4.10B	4.64B	4.78B	4.28B	4.62B	2.13B	0.34B	0.47B	0.53B	0.57B	0.64B	0.66B	0.65B	0.66B	0.62B	0.60B	0.59B	0.60B	0.58B	0.55B	0.57B	0.57B	0.56B	0.57B	0.56B	0.55B	0.49B	0.51B	0.54B
Cost of Revenue	0.00B	0.00B	0.00B	0.01B	0.01B	0.01B	0.01B	0.01B	0.00B	0.01B	0.01B	0.03B	0.05B	0.05B	0.06B	0.08B	0.11B	0.08B	0.09B	0.11B	0.11B	0.09B	0.20B	0.25B	0.15B	0.24B	0.25B	0.34B	0.32B	0.53B	0.98B	0.96B	0.78B	0.11B	0.11B	0.13B	0.15B	0.14B	0.11B	0.11B	0.11B	0.10B	0.10B	0.10B	0.10B	0.10B	0.09B	0.09B	0.09B	0.09B	0.09B	0.08B	0.07B	0.07B	0.07B	0.07B
Gross Profit	0.06B	0.07B	0.09B	0.12B	0.13B	0.17B	0.22B	0.24B	0.32B	0.35B	0.42B	0.52B	0.55B	0.48B	0.52B	0.58B	0.73B	0.59B	0.77B	0.81B	0.92B	0.89B	1.05B	1.20B	1.43B	1.23B	1.46B	1.43B	1.63B	1.62B	1.79B	1.76B	0.62B	0.09B	0.13B	0.16B	0.17B	0.20B	0.20B	0.21B	0.22B	0.20B	0.22B	0.22B	0.21B	0.20B	0.20B	0.21B	0.20B	0.20B	0.20B	0.21B	0.20B	0.18B	0.19B	0.19B
Operating items
Research & Development	-0.03B	-0.04B	-0.04B	-0.04B	-0.05B	-0.05B	0.07B	0.07B	-0.08B	-0.08B	-0.11B	-0.13B	-0.12B	-0.12B	-0.12B	-0.15B	-0.15B	-0.18B	-0.17B	-0.16B	-0.16B	-0.17B	-0.17B	-0.17B	-0.28B	-0.25B	-0.30B	-0.31B	-0.33B	-0.40B	-0.55B	-0.54B	-0.47B	-0.07B	-0.09B	-0.08B	-0.07B	-0.09B	-0.10B	-0.06B	-0.03B	-0.06B	-0.06B	-0.06B	-0.07B	-0.08B	-0.08B	-0.07B	-0.07B	-0.07B	-0.07B	-0.07B	-0.07B	-0.06B	-0.06B	-0.06B
Share-based Compensation (IS)																										19.61B				14.31B
Other Operating Expenses	-0.03B	-0.03B	-0.03B	-0.03B	-0.04B	-0.05B	0.07B	0.05B	-0.05B	-0.06B	-0.07B	-0.08B	-0.11B	-0.11B	-0.13B	-0.25B	-0.20B	-0.16B	-0.18B	-0.21B	-0.34B	-0.17B	-0.31B	-0.39B	-0.37B	-0.40B	-0.48B	-0.55B	-0.60B	-0.81B	-1.24B	-1.27B	-1.10B	-0.14B	-0.16B	-0.17B	-0.18B	-0.19B	-0.21B	-0.15B	-0.14B	-0.14B	-0.12B	-0.14B	-0.16B	-0.13B	-0.12B	-0.12B	-0.13B	-0.13B	-0.13B	-0.12B	-0.57B	1.88B	-0.12B	-0.11B
Operating Expenses	-0.06B	-0.06B	-0.07B	-0.08B	-0.09B	-0.11B	0.14B	0.12B	-0.13B	-0.15B	-0.18B	-0.21B	-0.22B	-0.23B	-0.25B	-0.40B	-0.35B	-0.34B	-0.35B	-0.37B	-0.50B	-0.33B	-0.48B	-0.56B	-0.65B	-0.65B	-0.78B	-0.86B	-0.93B	-1.22B	-1.79B	-1.81B	-1.58B	-0.21B	-0.25B	-0.25B	-0.25B	-0.28B	-0.31B	-0.21B	-0.17B	-0.20B	-0.18B	-0.20B	-0.23B	-0.21B	-0.19B	-0.19B	-0.20B	-0.20B	-0.20B	-0.19B	-0.63B	-0.17B	-0.18B	-0.17B
Operating Income	-0.01B	0.00B	0.02B	0.04B	0.04B	0.06B	0.08B	0.13B	0.19B	0.21B	0.24B	0.31B	0.33B	0.24B	0.31B	0.20B	0.41B	0.26B	0.42B	0.47B	0.62B	0.62B	0.60B	0.66B	0.82B	0.60B	0.73B	0.61B	0.72B	0.47B	0.00B	0.10B	-0.86B	-0.11B	-0.12B	-0.09B	-0.08B	-0.07B	-0.10B	0.01B	0.06B	0.01B	0.04B	0.02B	-0.01B	0.00B	0.01B	0.01B	0.00B	0.00B	0.00B	0.02B	-0.43B	0.01B	0.01B	0.02B
EBIT	-0.01B	0.00B	0.02B	0.04B	0.04B	0.06B	0.08B	0.13B	0.19B	0.21B	0.24B	0.31B	0.33B	0.24B	0.31B	0.20B	0.41B	0.26B	0.42B	0.47B	0.62B	0.62B	0.60B	0.66B	0.82B	0.60B	0.73B	0.61B	0.72B	0.47B	0.00B	0.10B	-0.86B	-0.11B	-0.12B	-0.09B	-0.08B	-0.07B	-0.10B	0.01B	0.06B	0.01B	0.04B	0.02B	-0.01B	0.00B	0.01B	0.01B	0.00B	0.00B	0.00B	0.02B	-0.43B	0.01B	0.01B	0.02B
Non-operating items
Non Operating Investment Income																						0.04B	0.05B		-0.04B				0.00B				0.08B	0.02B	-0.00B	0.29B	-0.04B	0.00B	0.00B	-0.03B	-0.00B	0.00B	-0.00B	0.00B	0.00B	-0.00B	0.08B	-0.00B			0.00B
Interest & Investment Income	0.00B	0.00B	0.00B	0.00B	0.01B	0.01B	0.01B	0.02B	0.02B	0.02B	0.04B	0.05B	0.05B	0.05B	0.03B	0.03B	0.03B	0.01B	0.01B	0.02B	0.03B	0.03B	0.03B	0.05B	0.07B	0.09B	0.13B	0.14B	0.12B	0.15B	0.08B	0.12B	0.14B	0.02B	0.02B	0.02B	0.03B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.03B	0.04B	0.05B	0.05B	0.05B	0.05B	0.05B	0.04B	0.04B	0.04B	0.04B	0.04B
Other Non Operating Income	0.00B	0.00B	-0.00B	-0.00B	-0.00B	0.00B	0.01B	0.01B	0.01B	-0.01B	-0.01B	0.00B	0.00B	-0.01B	0.00B	-0.04B	0.00B	0.00B	0.00B	-0.00B	0.00B	-0.00B	-0.00B	-0.00B	-0.00B	0.01B	-0.00B	-0.00B	-0.00B	0.00B	0.01B	0.02B	-0.02B	-0.00B	0.00B	-0.01B	-0.01B	-0.00B	-0.01B	-0.00B	-0.00B	-0.00B	0.01B	0.02B	-0.01B	-0.01B	0.02B	-0.01B	-0.01B	0.00B	0.00B	-0.01B	0.01B	-0.00B	0.00B	-0.01B
Non Operating Income														-0.00B																				-0.00B	-0.00B	-0.00B
Net income details
EBT	0.00B	0.01B	0.03B	0.04B	0.04B	0.08B	0.11B	0.16B	0.22B	0.22B	0.26B	0.34B	0.40B	0.27B	0.32B	0.17B	0.40B	0.25B	0.41B	0.47B	0.65B	0.63B	0.67B	0.70B	0.89B	1.11B	-2.25B	0.78B	0.87B	3.27B	0.10B	0.09B	-0.86B	0.47B	0.82B	0.19B	-0.10B	-0.07B	-0.09B	-0.02B	0.09B	0.00B	0.07B	0.54B	0.02B	0.03B	0.15B	0.06B	0.05B	0.05B	0.05B	0.06B	-0.38B	0.05B	0.07B	0.06B
Tax Provisions	0.00B	-0.00B	-0.01B	-0.01B	-0.01B	-0.01B	0.02B	0.03B	-0.03B	-0.03B	-0.04B	-0.05B	-0.03B	-0.04B	-0.04B	-0.05B	-0.05B	-0.05B	-0.08B	-0.07B	-0.09B	-0.09B	-0.10B	-0.07B	-0.15B	-0.15B	-0.15B	-0.07B	-0.11B	-0.12B	-0.12B	-0.06B	0.03B	-0.05B	-0.02B	-0.00B	-0.01B	-0.02B	-0.00B	-0.00B	-0.00B	0.00B	-0.02B	-0.01B	-0.00B	-0.01B	-0.01B	-0.00B	-0.00B	-0.00B	-0.00B	-0.01B	-0.00B	-0.01B	-0.01B	-0.00B
Profit After Tax	-0.00B	0.01B	0.00B	0.04B	0.03B	0.06B	0.09B	0.13B	0.19B	0.18B	0.22B	0.29B	0.37B	0.23B	0.29B	0.13B	0.36B	0.21B	0.34B	0.40B	0.57B	0.54B	0.57B	0.64B	0.76B	0.97B	-2.13B	0.68B	0.74B	3.15B	0.11B	0.18B	0.26B	0.07B	0.98B	0.33B	-0.00B	-0.05B	-0.11B	0.00B	0.07B	-0.03B	0.01B	0.51B	-0.39B	0.02B	0.15B	0.07B	0.04B	0.04B	0.05B	0.06B	-0.39B	1.92B	0.06B	0.06B
Equity Income		0.00B	0.02B	0.03B	0.03B	0.06B	0.09B	0.13B	0.19B	-0.00B	0.22B	-0.00B	0.37B	0.22B	0.29B	0.12B	0.35B	0.20B	-0.00B	-0.00B	0.57B	0.54B	0.57B	0.63B	0.74B	0.96B	-2.24B	-0.02B	0.76B	3.14B	-0.02B	0.03B	-0.83B	-0.06B	-0.03B	0.19B	-0.11B	-0.08B	-0.09B	-0.02B	0.09B	0.00B	-0.03B	-0.03B	-0.40B	0.03B	0.14B	0.05B	0.05B	0.05B	0.04B	0.05B	-0.38B	0.05B	0.06B	0.05B
Net Income - Minority																-0.01B	-0.00B	-0.01B	-0.01B	-0.01B	-0.00B	-0.03B	-0.04B	-0.05B	-0.02B	-0.06B	-2.68B	-2.81B	-0.41B	-2.85B	-4.99B	-5.25B	-5.35B	-5.57B	-0.03B	-0.01B	-0.01B	-0.00B	-0.03B	-0.04B	-0.03B	-0.03B	-0.03B	-0.24B	-0.23B	-0.23B	-0.23B	-0.23B	-0.13B	-0.14B	-0.13B	-0.13B	-0.05B	-0.04B	-0.04B	-0.04B
Investment Income			-0.00B	0.00B		-0.00B	-0.01B	0.01B	-0.01B	0.01B		-0.00B	-0.01B		0.00B	0.00B	-0.00B
Income from Non-Controlling Interests		0.00B	0.02B	0.04B	0.03B	0.06B	0.09B	0.13B	0.19B	0.18B	0.22B	0.29B	0.37B	0.23B	0.29B	0.16B	0.36B	0.21B	0.34B	0.40B	0.57B	0.54B	0.57B	0.64B	0.74B	0.44B		0.03B	-0.84B		0.03B	0.07B	0.09B	0.10B	-0.04B	-0.01B	-0.00B	0.00B	0.00B	0.00B	0.01B	0.01B	0.00B	0.01B	0.01B	0.01B	0.01B	0.01B	0.01B	0.01B	0.00B	0.00B	0.08B	0.00B	0.00B	0.00B
Income from Continuing Operations	-0.00B	0.01B	0.03B	0.05B	0.05B	0.09B	0.09B	0.13B	0.25B	0.25B	0.30B	0.40B	0.43B	0.31B	0.36B	0.21B	0.46B	0.30B	0.49B	0.54B	0.74B	0.71B	0.77B	0.78B	1.04B	1.26B	-2.10B	0.85B	0.98B	3.39B	0.22B	0.15B	-0.89B	0.53B	0.84B	0.19B	-0.10B	-0.05B	-0.08B	-0.01B	0.09B	0.00B	0.09B	0.55B	0.02B	0.04B	0.15B	0.06B	0.05B	0.06B	0.05B	0.06B	-0.38B	0.06B	0.07B	0.06B
Consolidated Net Income	-0.00B	0.01B	0.03B	0.05B	0.05B	0.09B	0.09B	0.13B	0.25B	0.25B	0.30B	0.40B	0.43B	0.31B	0.36B	0.21B	0.46B	0.30B	0.49B	0.54B	0.74B	0.71B	0.77B	0.78B	1.04B	1.26B	-2.10B	0.85B	0.69B	3.12B	0.04B	0.11B	0.99B	0.12B	1.02B	0.14B	0.12B	0.04B	-0.11B	0.01B	0.07B	0.00B	0.02B	0.52B	-0.38B	0.03B	0.16B	0.07B	0.05B	0.05B	0.05B	0.06B	-0.30B	1.92B	0.06B	0.06B
Income towards Parent Company	-0.00B	0.01B	0.03B	0.05B	0.05B	0.09B	0.09B	0.13B	0.25B	0.25B	0.30B	0.40B	0.43B	0.31B	0.36B	0.21B	0.45B	0.29B	0.48B	0.53B	0.74B	0.68B	0.73B	0.72B	1.03B	1.19B	-4.78B	-1.96B	0.28B	0.27B	-4.95B	-5.14B	-4.36B	-5.46B	0.99B	0.13B	0.11B	0.03B	-0.14B	-0.03B	0.04B	-0.03B	-0.01B	0.27B	-0.61B	-0.21B	-0.07B	-0.15B	-0.09B	-0.09B	-0.08B	-0.07B	-0.35B	1.88B	0.02B	0.02B
Net Income towards Common Stockholders	-0.02B	-0.06B	-0.05B	0.03B	1.15B	0.06B	0.09B	0.13B	0.19B	0.25B	0.30B	0.40B	0.43B	0.31B	0.36B	0.21B	0.45B	0.29B	0.48B	0.53B	0.74B	0.68B	0.73B	0.72B	1.03B	0.44B	-4.78B	0.65B	-1.54B	3.10B	0.05B	0.09B	0.99B	0.12B	1.02B	0.19B	-0.12B	-0.09B	-0.11B	0.01B	0.07B	-0.03B	0.02B	0.51B	-0.38B	0.03B	0.15B	0.12B	0.05B	0.04B	0.05B	0.06B	-0.30B	1.92B	0.06B	0.06B
Additional items
EPS (Basic)	-0.02	-0.05	-0.04	0.03	1.06	0.06	0.09	0.12	0.17	0.23	0.27	0.36	0.38	0.27	0.32	0.18	0.41	0.26	0.43	0.48	0.66	0.61	0.65	0.65	0.93	0.35	-3.78	0.52	-1.22	2.44	0.04	0.07	0.78	0.07	0.63	0.12	-0.08	-0.06	-0.07	0.00	0.04	-0.02	0.01	0.36	-0.27	0.02	0.11	0.10	0.04	0.04	0.04	0.05	-0.28	1.85	0.06	0.06
EPS (Weighted Average and Diluted)	-0.25				7.22				0.99				2.18				2.52				4.14				5.59				-8.23				4.46												-0.23				0.03				-0.26
Shares Outstanding (Weighted Average)	1.09B	1.09B	1.09B	1.09B	1.09B	1.09B	1.09B	1.09B	1.11B	1.11B	1.11B	1.11B	1.13B	1.13B	1.13B	1.13B	1.10B	1.10B	1.10B	1.10B	1.11B	1.11B	1.11B	1.11B	1.11B	1.26B	1.26B	1.26B	1.26B	1.27B	1.27B	1.27B	1.27B	1.62B	1.62B	1.62B	1.60B	1.60B	1.60B	1.60B	1.60B	1.43B	1.43B	1.43B	1.39B	1.39B	1.38B	1.24B	1.22B	1.22B	1.19B	1.14B	1.08B	1.04B	1.03B	1.03B
Shares Outstanding (Diluted Average)	0.08B				0.16B				0.19B				0.20B				0.18B				0.18B				0.18B				0.19B				0.22B												1.65B				1.46B				1.16B
EBITDA	0.00B	0.00B	0.00B	0.04B	0.03B	0.06B	0.08B	0.12B	0.18B	0.19B	0.24B	0.29B	0.37B	0.24B	0.29B	0.16B	0.36B	0.26B	0.42B	0.47B	0.62B	0.62B	0.54B	0.64B	-1.39B	0.44B	-0.14B	0.65B	-0.66B	0.47B	0.00B	0.10B	-0.86B	-0.11B	-0.12B	-0.09B	-0.08B	-0.07B	-0.10B	0.01B	0.06B	0.01B	0.04B	0.02B	-0.01B	0.00B	0.01B	0.01B	0.00B	0.00B	0.00B	0.02B	-0.43B	0.01B	0.01B	0.02B
Interest Expenses										-0.00B	-0.02B	-0.02B	-0.02B	-0.02B	-0.02B	-0.02B	-0.03B	-0.02B	-0.02B	-0.02B	-0.02B	-0.02B	-0.00B	-0.00B	-0.00B	-0.00B	-0.00B	-0.00B	-0.00B	-0.01B	-0.01B	-0.12B	-0.12B	-0.02B	-0.02B	-0.02B	-0.02B	-0.00B	-0.00B	-0.00B	-0.00B	-0.00B	-0.00B	-0.00B	-0.00B	-0.00B	-0.00B	-0.00B	-0.00B	-0.00B	-0.00B	-0.00B	-0.00B	-0.00B	-0.00B	-0.00B
Tax Rate							15.83%	17.76%																			6.56%										8.23%	23.20%	3.14%	27.81%		39.77%											0.01%

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