Live Streaming was Joyy’s largest product and service line in fiscal 2025, bringing in $1.53B of $2.12B (72%).
| Product and Service | FY 2010 | FY 2011 | FY 2012 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Live Streaming | $2.23B | $1.98B | $1.79B | $1.53B | ||||||
| Advertising | — | $119.88M | $323.01M | $442.72M | ||||||
| Online Game Revenue | — | — | — | — | ||||||
| Yymusic Revenue | — | — | — | — | ||||||
| Others | $186.00M | $168.62M | $126.75M | $151.86M | ||||||
| Others, | — | — | — | — | ||||||
| Online Game | — | — | — | — | ||||||
| Online Advertising Revenues | — | — | — | — | ||||||
| Advertising Revenues | — | — | — | — | ||||||
| Other Revenue | — | — | — | — | ||||||
| Total | $2.41B | $2.27B | $2.24B | $2.12B |
Joyy brought in $2.12B from its three product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 5.1% from $2.24B in fiscal 2024. Live Streaming was the largest at $1.53B (72.0%), ahead of Advertising at $442.72M (20.8%) and Others at $151.86M (7.1%).
Compared with fiscal 2024, Advertising grew fastest, up 37.1% to $442.72M, while Live Streaming fell the most, down 14.4% to $1.53B.
Joyy began breaking out Advertising in fiscal 2023, when it brought in $119.88M.
Bigo was Joyy’s largest segment in fiscal 2025, bringing in $1.85B of $2.12B (87%).
| Segment | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Yy Live | — | — | — | — | |||||||
| Bigo | $2.00B | $1.92B | $1.99B | $1.85B | |||||||
| Huya | — | — | — | — | |||||||
| Huya Broad Casting | — | — | — | — | |||||||
| Huya Broadcasting | — | — | — | — | |||||||
| All Other | $414.74M | $344.89M | $251.03M | $277.14M | |||||||
| 100 Education | — | — | — | — | |||||||
| Elimination | -$245.00K | -$1.34M | -$1.58M | -$1.33M | |||||||
| Total | $2.41B | $2.27B | $2.24B | $2.12B |
Joyy brought in $2.12B from its three segments in fiscal 2025, the year ended December 31, 2025. That was down 5.1% from $2.24B in fiscal 2024. Bigo was the largest at $1.85B (87.0%), ahead of All Other at $277.14M (13.0%).
Compared with fiscal 2024, All Other grew 10.4% to $277.14M, while Bigo fell 7.0% to $1.85B. From fiscal 2022 to 2025, combined revenue from these segments fell from $2.41B to $2.12B, a compound annual decline of 4.1%. Bigo's share of the total rose from 82.8% to 87.0%.
The total is net of Elimination, which took $1.33M off revenue in fiscal 2025.
Developed Countries & Regions was Joyy’s largest region in fiscal 2025, bringing in $1.25B of $2.12B (59%).
| Geography | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Prc | $473.94M | $347.83M | $233.58M | $208.72M | |||||
| Developed Countries & Regions | $866.11M | $968.23M | $1.21B | $1.25B | |||||
| Developed Countries | — | — | — | — | |||||
| Southeast Asia & Others | $556.48M | $510.54M | $479.68M | $420.89M | |||||
| Middle East | $514.99M | $441.28M | $317.85M | $244.22M | |||||
| Non-Prc | — | — | — | — | |||||
| Total | $2.41B | $2.27B | $2.24B | $2.12B |
Joyy brought in $2.12B from its four regions in fiscal 2025, the year ended December 31, 2025. That was down 5.1% from $2.24B in fiscal 2024. Developed Countries & Regions was the largest at $1.25B (58.9%), ahead of Southeast Asia & Others at $420.89M (19.8%) and Middle East at $244.22M (11.5%). The remaining region, Prc, brought in $208.72M.
Compared with fiscal 2024, Developed Countries & Regions grew fastest, up 3.6% to $1.25B, while Middle East fell the most, down 23.2% to $244.22M. From fiscal 2022 to 2025, combined revenue from these regions fell from $2.41B to $2.12B, a compound annual decline of 4.1%. Developed Countries & Regions' share of the total rose from 35.9% to 58.9%.
Joyy (JOYY) reports its revenue by product and service, by segment and by geography. In fiscal 2025, Live Streaming was its largest product and service line, bringing in $1.53B (72.0% of the total), followed by Advertising at $442.72M (20.8%).
Live Streaming was Joyy's largest product and service line in fiscal 2025, bringing in $1.53B, or 72.0% of the $2.12B total across its three product and service lines.
Bigo was Joyy's largest segment in fiscal 2025, bringing in $1.85B, or 87.0% of the $2.12B total across its three segments.
Developed Countries & Regions was Joyy's largest region in fiscal 2025, bringing in $1.25B, or 58.9% of the $2.12B total across its four regions.
Among Joyy's product and service lines that make up at least 2% of revenue, Advertising grew fastest in fiscal 2025, up 37.1% from $323.01M to $442.72M.
Every figure comes from Joyy's annual financial filings, as reported. Each line keeps the name Joyy gives it, and years follow its fiscal calendar.
Joyy's revenue by product and service goes back to fiscal 2010, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.