JOYY Inc (JOYY)

JOYY Inc. reported strong financial results for the second quarter of 2026, with total revenues increasing by 16.3% year-over-year to US$590.8 million, driven by growth in its Social Entertainment, BIGO Ads, and SHOPLINE businesses. The company achieved a non-GAAP operating profit of US$49.1 million and reiterated its full-year 2026 non-GAAP operating income growth forecast of approximately 20%. JOYY also continued its shareholder return program, repurchasing shares and paying dividends totaling US$358.8 million year-to-date.

JOYY Inc. announced its earnings results for the second quarter and six months ended June 30, 2026. For the second quarter, the company reported revenue of $590.75 million, an increase from $507.76 million a year ago, though net income decreased to $51.45 million from $60.48 million. Over the six-month period, revenue rose to $1,146.45 million from $1,002.11 million, but net income saw a significant drop to $101.77 million compared to $1,981.45 million in the prior year.

The article provides a financial update for JOYY Inc., specifically highlighting its Q2 net income from continuing operations per Class A share. This brief entry serves as a direct report of this key financial metric.

JOYY (NASDAQ:JOYY) announced its quarterly earnings, reporting $0.91 EPS, which exceeded the consensus estimate of $0.85 by $0.06. Following the announcement, shares rose 2.1% to $75.00, close to its 12-month high. The company maintains a market capitalization of $3.75 billion, and analysts have a "Moderate Buy" rating with a consensus price target of $80.50.

JOYY Inc. reported robust Q2 2026 financial results with net revenues increasing by 16.3% year-over-year to $590.8 million, largely driven by significant growth in BIGO Ads (53.1%) and Shopline (28.6%). Despite a decrease in net income from continuing operations attributable to JOYY, the company's operating income rose by 138.1%, and non-GAAP EBITDA by 18.1%. JOYY also announced a dividend of $1.55 per ADS and provided a Q3 2026 revenue forecast of $602 million to $622 million, emphasizing its commitment to AI-driven growth strategies and shareholder value.