JOYY Inc.
JOYY Inc. (JOYY) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for JOYY Inc. (JOYY), featuring income statements, balance sheets, and cash flow data.
JOYY Inc. (JOYY) Income Statement & Financial Overview
View the income breakdown for JOYY Inc. JOYY across both annual and quarterly reports.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $549.45M | $558.65M | $565.13M | $564.56M |
| Cost of Revenue | $345.66M | $350.54M | $366.19M | $369.20M |
| Gross Profit | $203.78M | $208.12M | $198.94M | $195.36M |
| Gross Profit Ratio | $0.37 | $0.37 | $0.35 | $0.35 |
| R&D Expenses | $67.48M | $72.36M | $69.86M | $69.04M |
| SG&A Expenses | $111.06M | $119.60M | $128.82M | $126.38M |
| Operating Expenses | $631.64M | $191.70M | $196.67M | $195.42M |
| Total Costs & Expenses | $977.30M | $542.24M | $562.86M | $564.62M |
| Interest Income | $0.00 | $41.07M | $46.70M | $48.93M |
| Interest Expense | $0.00 | $535000.00 | $1.86M | $2.14M |
| Depreciation & Amortization | $29.99M | $39.61M | $13.59M | $15.13M |
| EBITDA | $57.07M | $56.02M | $63.07M | $54.22M |
| EBITDA Ratio | $0.10 | $0.10 | $0.11 | $0.10 |
| Operating Income | -$427.85M | $16.42M | $265000.00 | -$57000.00 |
| Operating Income Ratio | -$0.78 | $0.03 | $0.00 | -$0.00 |
| Other Income/Expenses (Net) | $41.01M | $39.07M | $47.35M | $48.54M |
| Income Before Tax | -$386.84M | $55.49M | $47.61M | $52.09M |
| Income Before Tax Ratio | -$0.70 | $0.10 | $0.08 | $0.09 |
| Income Tax Expense | $41000.00 | $6.28M | $2.63M | $4.54M |
| Net Income | -$304.14M | $60.56M | $52.07M | $45.29M |
| Net Income Ratio | -$0.55 | $0.11 | $0.09 | $0.08 |
| EPS | -$113.40 | $1.06 | $0.87 | $0.73 |
| Diluted EPS | -$113.40 | $1.05 | $0.81 | $0.67 |
| Weighted Avg Shares Outstanding | $2.69M | $56.57M | $59.54M | $61.78M |
| Weighted Avg Shares Outstanding (Diluted) | $2.69M | $57.22M | $64.10M | $67.15M |
Financial performance has remained strong, with revenue growing from $564.56M in Q1 2024 to $549.45M in Q4 2024. Gross profit continued to perform well, with margins at 37% in the latest quarter. Operating income reached -$427.85M in Q4 2024, holding a steady -78% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at $57.07M. Net income dropped to -$304.14M, keeping EPS at -$113.40. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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