JOYY Reports Q2 2026 Earnings with Revenue Growth and Strong Performance Across Segments
JOYY reported second-quarter revenue of $590.8 million, reflecting year-over-year growth driven by its social entertainment, advertising, and e-commerce segments. Non-GAAP operating income rose to $49.1 million, up 28.2% from the prior year, while non-GAAP EBITDA reached $56.9 million with a margin of 9.6%. The company's BIGO Ads segment saw significant growth at 53.1%, and Shopline revenue increased by 28.6% due to cross-border merchant expansion. JOYY also highlighted strong user metrics, including global average mobile monthly active users (MAUs) reaching 277.1 million, up 5.5%. The company's net cash position stood at $3.06 billion as of June 30, supporting shareholder returns and business investments. Management raised its full-year non-GAAP operating income growth target to approximately 20% year-over-year. Despite these positive results, the firm noted risks from foreign exchange losses due to a weakening U.S. dollar and margin pressures in Shopline's revenue mix shift.
Tickers: $JOYY
Topics: advertising e-commerce non-gaap_metrics revenue_growth social_entertainment