JOYY Reports 4Q and FY2025 Financial Results: Q4 Revenue Returns to YoY Growth, BIGO Ads Up 61.5% YoY – DIR HONGKONG
Q4 2025 revenue grew 5.9% YoY to US$581.9M driven by 61.5% increase in BIGO Ads and a US$900M shareholder return program through 2027.
- JOYY Inc. announced on 03/10/2026 that Q4 2025 net revenue was US$581.9 million, up 5.9% year‑over‑year, and full‑year 2025 revenue was US$2.12 billion.
- BIGO Ads posted US$128.1 million in Q4, up 61.5% year-over-year, while third-party SDK ad requests grew 166% YoY and Web and mobile ad demand rose 20% and 39% sequentially.
- Management executed shareholder returns including a ~US$900M program, with US$332.0M distributed in 2025; full‑year non‑GAAP operating income was US$150.8 million and EBITDA was US$189.8 million.
- Despite ad gains, livestreaming remains dominant, while non‑livestreaming increases; investors reacted with an average 7.2% move and higher trading.
- MAUs and viewing metrics show engagement gains, as global mobile MAUs reached 272.1/million, AI interactive gifts now exceed 30% of virtual gift consumption, and Bigo Live new formats launched.
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JOYY Reports Fourth Quarter and FY2025 Financial Results: Q4 Revenue Returns to YoY Growth, BIGO Ads Momentum Continues, Delivering Strong Shareholder Returns
SINGAPORE, March 10, 2026 /PRNewswire/ -- JOYY Inc. (NASDAQ:JOYY) ("JOYY" or the "Company"), a global leading technology company, announced its unaudited financial results for the fourth quarter and full year of 2025. In the fourth quarter of 2025, JOYY's total revenue was US$581.9 million, up 7.7% quarter over quarter and 5.9% year over year, marking a return to year-over-year revenue growth. Livestreaming revenue was US$394.4 million, up 1.5%…
Joyy revenue rises in Q4, but margins hit by advertising growth costs
Joyy reported its fourth-quarter 2025 results on March 10, with figures suggesting its long-awaited return to growth may be approaching, albeit on different terms than before. The company reported USD 581.9 million in revenue for the three months ended December 31, up 5.9% year-on-year (YoY) and 7.7% from the prior quarter. It was Joyy’s first quarterly revenue increase on a YoY basis since the second half of 2024. The rebound, however, was driv…
JOYY Reports 4Q and FY2025 Financial Results: Q4 Revenue Returns to YoY Growth, BIGO Ads Up 61.5% YoY – DIR HONGKONG
SINGAPORE, Mar 11, 2026 – (ACN Newswire via SeaPRwire.com) – JOYY Inc. (NASDAQ: JOYY) announced its unaudited financial results for the fourth quarter and full year of 2025. In the fourth quarter of 2025, JOYY’s total revenue was US$581.9 million, up 7.7% quarter over quarter and 5.9% year over year, marking a return to year-over-year revenue growth. Livestreaming revenue was US$394.4 million, up 1.5% quarter over quarter, marking the third cons…
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