JOYY Inc ADR's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), JOYY Inc ADR reported revenue of $2.1B (-5.1% year on year) and net income of $2.1B (+1535.0% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Total net revenues | $2.1B | $2.2B | $2.3B | $2.4B |
| Cost of revenues | ($1.4B) | ($1.4B) | ($1.5B) | ($1.6B) |
| Gross profit | $762.6M | $806.2M | $813.0M | $852.1M |
| Research and development expenses | ($247.1M) | ($278.7M) | ($295.5M) | ($261.8M) |
| Sales and marketing expenses | ($297.5M) | ($333.3M) | ($369.6M) | ($400.4M) |
| General and administrative expenses | ($164.5M) | ($152.5M) | ($122.7M) | ($141.8M) |
| Goodwill impairment | $0 | ($454.9M) | $0 | ($14.8M) |
| Total operating expenses | ($709.1M) | ($1.2B) | ($787.7M) | ($818.9M) |
| (Loss) gain on deconsolidation and disposal of subsidiaries | $0 | $1.6M | — | — |
| Other income | $2.3M | $6.1M | $9.7M | $17.5M |
| Operating income (loss) | $55.8M | ($405.6M) | $28.8M | $50.7M |
| Interest expense | ($516.0K) | ($4.8M) | ($10.4M) | ($12.8M) |
| Interest income and investment income | $162.6M | $175.6M | $185.2M | $93.1M |
| Foreign currency exchange (losses) gains, net | ($14.1M) | $764.0K | ($2.9M) | $11.7M |
| Gain on disposal and deemed disposal of investments | $0 | $0 | — | — |
| Gain on fair value changes of investments | $12.3M | $6.6M | — | — |
| Income (loss) before income tax expenses | $216.1M | ($227.5M) | $288.0M | $634.6M |
| Income tax expenses | ($16.4M) | ($13.5M) | ($18.9M) | ($34.6M) |
| Income (loss) before share of income (loss) in equity method investments, net of income taxes | $199.7M | — | — | — |
| Share of income (loss) in equity method investments, net of income taxes | $11.6M | ($1.6M) | $3.3M | ($498.4M) |
| Net income (loss) from continuing operations | $211.3M | ($242.6M) | $272.4M | $101.6M |
| Gain on disposal of YY Live | $1.9B | — | — | — |
| Net income (loss) | $2.1B | — | $272.4M | $101.6M |
| Net loss attributable to the non-controlling interest shareholders and the mezzanine equity classified non-controlling interest shareholders | $11.2M | $96.4M | $29.4M | — |
| Net income(loss) attributable to controlling interest of JOYY Inc. | $2.1B | ($146.2M) | $301.8M | $128.9M |
| Net income (loss) from continuing operations attributable to controlling interest of JOYY Inc. | $222.5M | — | $301.8M | $128.9M |
| Net income from discontinued operations attributable to controlling interest of JOYY Inc. | $1.9B | — | $0 | $0 |
| Accretion of subsidiaries' redeemable convertible preferred shares to redemption value | -1.4M | -1.4M | -5.0M | -5.4M |
| Cumulative dividend on subsidiary's Series A Preferred Shares | 0 | 0 | -2.0M | -4.0M |
| Gain on repurchase of redeemable convertible preferred shares of a subsidiary | 0 | 0 | 52.6M | — |
| Net income (loss) attributable to common shareholders of JOYY Inc. | $2.1B | ($147.6M) | $347.4M | $119.5M |
| Net income (loss) from continuing operations attributable to common shareholders of JOYY Inc. | $221.1M | — | $347.4M | $119.5M |
| Net income from discontinued operations attributable to common shareholders of JOYY Inc. | $1.9B | — | $0 | $0 |
| Foreign currency translation adjustments, net of nil tax | $56.2M | ($27.5M) | ($35.3M) | ($247.0M) |
| Unrealized losses on available-for-sale investment, net of nil tax | ($16.7M) | ($23.1M) | — | — |
| Comprehensive income (loss) attributable to the common shareholders of JOYY Inc. | $2.1B | ($198.2M) | $312.0M | ($127.5M) |
| Basic (in dollars per share) | $1.99 | -$0.13 | $0.27 | $0.08 |
| Discontinued operations (in dollars per share) | $1.78 | — | — | — |
| Diluted (in dollars per share) | $1.97 | -$0.13 | $0.24 | $0.08 |
| Continued operations (in dollars per share) | $0.21 | — | $0.27 | $0.08 |
| Discontinued operations (in dollars per share) | $1.76 | — | — | — |
| Basic (in shares) | 1.1B | 1.2B | — | — |
| Continuing operations (in shares) | 1.1B | — | — | — |
| Discontinued operations (in shares) | 1.1B | — | — | — |
| Denominator for diluted calculation | 1.1B | 1.2B | — | — |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $374.2M | $444.8M | $1.1B | $1.2B |
| Restricted cash and cash equivalents | $21.6M | $371.3M | $319.3M | $303.4M |
| Short-term deposits | $192.5M | $1.1B | $2.0B | $2.4B |
| Restricted short-term deposits | $7.2M | $20.7M | $57.2M | $47.7M |
| Short-term investments | $613.7M | $288.6M | $274.8M | $362.6M |
| Accounts receivable, net of allowance of US$20,938 and US$21,023 as of December 31, 2024 and 2025, respectively | $154.4M | $121.9M | $130.7M | $117.9M |
| Amounts due from related parties, net of allowance of US$1 and nil as of December 31, 2024 and 2025, respectively | $106.0K | $467.0K | $810.0K | — |
| Prepayments and other current assets, net of allowance of US$20,486 and US$20,884 as of December 31, 2024 and 2025, respectively | $255.6M | $247.5M | $255.5M | $236.2M |
| Total current assets | $1.6B | $2.6B | $4.1B | $4.6B |
| Long-term deposits and held-to-maturity investments | $2.1B | $1.1B | — | — |
| Deferred tax assets | $9.8M | $2.6M | — | — |
| Investments | $551.8M | $530.7M | $544.5M | $660.4M |
| Property and equipment, net | $565.1M | $499.7M | $390.7M | $343.2M |
| Land use rights, net | $301.4M | $303.1M | $316.1M | $330.0M |
| Intangible assets, net | $222.0M | $277.3M | $333.7M | $398.3M |
| Right-of-use assets, net | $21.2M | $20.5M | $30.2M | $33.2M |
| Goodwill | $2.2B | $2.2B | $2.6B | $2.6B |
| Other non-current assets | $8.1M | $19.1M | $16.8M | $12.6M |
| Total non-current assets | $5.9B | $5.0B | $4.4B | $4.4B |
| Total assets | $7.6B | $7.5B | $8.5B | $9.1B |
| Accounts payable | $71.6M | $84.0M | $66.8M | $56.0M |
| Deferred revenue | $61.7M | $66.8M | $73.7M | $86.0M |
| Advances from customers | $5.4M | $4.0M | $6.0M | $3.5M |
| Income taxes payable | $64.5M | $78.3M | $86.1M | $78.1M |
| Accrued liabilities and other current liabilities | $626.7M | $2.4B | $2.4B | $2.4B |
| Amounts due to related parties | $24.5M | $1.4M | $2.5M | $3.2M |
| Lease liabilities due within one year | $8.9M | $10.8M | $12.4M | $12.5M |
| Short-term loans | $10.7M | $34.9M | $52.1M | $37.3M |
| Total current liabilities | $874.0M | $2.7B | $3.1B | $3.1B |
| Lease liabilities | $12.0M | $9.9M | $18.4M | $21.6M |
| Deferred revenue | $9.5M | $12.6M | $12.9M | $9.8M |
| Deferred tax liabilities | $54.9M | $47.6M | $54.0M | $64.3M |
| Total non-current liabilities | $76.5M | $70.2M | $85.3M | $497.2M |
| Total liabilities | $950.5M | $2.7B | $3.2B | $3.6B |
| Mezzanine equity | $25.3M | $23.7M | $22.1M | $91.4M |
| Common shares | 10.0K | 10.0K | 12.0K | 16.0K |
| Treasury Shares (US$0.00001 par value; 603,177,267 and 633,551,270 shares held as of December 31, 2024 and December 31, 2025, respectively) | -1.3B | -1.2B | -913.9M | -655.1M |
| Additional paid-in capital | $3.3B | $3.3B | $3.3B | $3.3B |
| Statutory reserves | $37.9M | $40.5M | $37.7M | $32.5M |
| Retained earnings | $4.7B | $2.8B | $2.9B | $2.7B |
| Accumulated other comprehensive loss | ($208.1M) | ($247.6M) | ($197.0M) | ($162.2M) |
| Total JOYY Inc.'s shareholders' equity | $6.5B | $4.7B | $5.2B | $5.2B |
| Non-controlling interests | $34.9M | $47.8M | $133.3M | $233.1M |
| Total shareholders' equity | $6.6B | $4.8B | $5.3B | $5.4B |
| Total liabilities, mezzanine equity and shareholders' equity | $7.6B | $7.5B | $8.5B | $9.1B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income (loss) from continuing operations | $211.3M | — | — | — |
| Depreciation of property and equipment | $29.1M | $25.4M | $46.6M | $83.4M |
| Amortization of acquired intangible assets and land use rights | $64.0M | $65.5M | $73.4M | $65.2M |
| Operating lease expense | $12.7M | — | — | — |
| Expected credit loss of receivables | $1.7M | $10.7M | $1.7M | $14.6M |
| (Gains) losses on disposal of property and equipment, intangible assets and other long-term assets | $1.2M | ($141.0K) | ($274.0K) | ($4.1M) |
| Impairment of investments | $15.0M | $9.4M | $0 | $0 |
| Impairment of property and equipment | $8.6M | — | — | — |
| Impairment of goodwill | $0 | $454.9M | $0 | $14.8M |
| Impairment of other assets | $6.2M | — | — | — |
| Share-based compensation | $25.8M | $23.2M | $32.0M | $44.1M |
| Share of (income) loss in equity method investments, net of income taxes | ($11.6M) | $1.6M | ($3.3M) | $498.4M |
| Gain on disposal and deemed disposal of investments | $0 | $0 | — | — |
| Loss (gain) on deconsolidation and disposal of subsidiaries | $0 | ($1.6M) | $6.2M | $0 |
| Deferred income taxes, net | $362.0K | ($8.0M) | ($11.8M) | ($1.9M) |
| Foreign currency exchange losses(gains), net | $14.1M | ($764.0K) | $2.9M | ($11.7M) |
| Interest expense | $1.2M | $1.8M | $3.1M | $12.8M |
| Gain on fair value changes of investments | ($12.3M) | ($6.6M) | — | — |
| Accounts receivable | ($45.0M) | ($13.7M) | ($32.4M) | ($20.2M) |
| Prepayments and other assets | ($74.1M) | ($2.9M) | ($30.7M) | ($33.4M) |
| Amounts due from related parties | $2.6M | $7.7M | $5.6M | $7.2M |
| Lease liabilities | ($12.2M) | ($11.7M) | ($12.5M) | ($12.3M) |
| Amounts due to related parties | $8.5M | ($28.1M) | ($1.8M) | ($41.3M) |
| Accounts payable | ($3.5M) | ($22.7M) | ($5.6M) | $19.1M |
| Deferred revenue | ($8.2M) | ($7.2M) | ($9.2M) | $8.6M |
| Advances from customers | $1.4M | ($1.9M) | $2.6M | ($2.6M) |
| Income taxes payable | ($14.8M) | ($7.8M) | $7.9M | $17.6M |
| Accrued liabilities and other current liabilities | $80.3M | $52.4M | $23.5M | $30.1M |
| Net cash provided by operating activities | $302.3M | $308.7M | $295.6M | $316.5M |
| Placements of short-term and long-term deposits | ($2.2B) | ($3.1B) | — | — |
| Maturities of short-term and long-term deposits | $2.0B | $3.2B | — | — |
| Placements of short-term investments | ($410.1M) | ($369.9M) | ($657.6M) | ($418.6M) |
| Maturities of short-term investments | $188.0M | $19.4M | $752.2M | $889.9M |
| Purchase of property and equipment | ($143.1M) | ($83.7M) | ($81.6M) | ($69.0M) |
| Purchase of intangible assets and land use right | ($284.0K) | ($775.0K) | ($445.0K) | ($197.0K) |
| Cash paid for investments | ($29.1M) | ($26.6M) | ($66.0M) | ($175.7M) |
| Cash received from disposal of investments | $0 | $0 | $222.1M | $15.2M |
| Proceeds from disposal of a subsidiary | $0 | $70.7M | — | — |
| Loans to employees and third parties | $0 | ($18.0K) | ($650.0K) | ($1.0M) |
| Repayments of loans from employees, related parties and third parties | $274.0K | $785.0K | $1.0M | — |
| Proceeds from disposal of property and equipment | $7.5M | $721.0K | $3.8M | $7.5M |
| Others | $8.8M | ($6.9M) | $576.0K | ($9.6M) |
| Net cash provided (used in) by continuing investing activities | ($543.7M) | — | $420.4M | ($510.3M) |
| Net cash provided by discontinued investing activities | $87.6M | — | $0 | $0 |
| Net cash provided by (used in) investing activities | ($456.1M) | ($210.2M) | $420.4M | ($510.3M) |
JOYY Inc ADR score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.