JOYY Inc. (JOYY) Form 6-K — Aug 26, 2026
JOYY Inc. reported second quarter 2026 net revenues of US$590.8 million, up 16.3% year over year and 6.3% quarter over quarter, while operating income more than doubled to US$13.8 million and non-GAAP EBITDA rose 18.1% to US$56.9 million. Growth was broad-based: BIGO Ads revenue jumped 53.1% YoY to US$133.7 million, Shopline grew 28.6% to US$34.4 million with cross-border merchant revenue up 73.5%, and Social Entertainment rose 7.4% to US$422.7 million, lifting non-live-streaming revenue to 31.8% of the total from 26.1% a year ago.
Key figures
- Eps
- 1.01
- Revenue
- 590800000
- Guidance
- Q3 2026 net revenues expected between US$602 million and US$622 million; full-year 2026 non-GAAP operating income expected to achieve approximately 20% year-over-year growth
- Net Income
- 51800000
- Revenue Yoy
- 16.3%
- Total Assets
- 7541392000
- Cash Position
- 336986000
- Shares Outstanding
- 979500000
- Arppu
- US$220.5 (+2.4% YoY)
- Mobile Mau
- 277.1 million (+5.5% YoY)
- Gross Margin
- 34.1%
- Net Fx Eloss Q2
- -13502000
- Non Gaap Ebitda
- 56900000
- Bigo Ads Revenue
- 133700000
- Dividend Per Ads
- US$1.55, payable October 16, 2026
- Core Paying Users
- 1.56 million (+3.9% YoY)
- Operating Income
- 13800000
- Shopline Revenue
- 34400000
- Non Gaap Ebitda Yoy
- 18.1%
- Non Gaap Net Income
- 63500000
- Bigo Ads Revenue Yoy
- 53.1%
- Operating Cash Flow
- 64900000
- Operating Income Yoy
- 138.1%
- Shopline Revenue Yoy
- 28.6%
- Dividend Program Total
- approximately US$900 million across 2026-2028
- Gross Margin Prior Year
- 36.5%
- Ytd Shareholder Returns
- US$358.8 million through August 21, 2026 (US$142.4M dividends + US$216.4M buybacks)
- Non Gaap Diluted Eps Per Ads
- 1.24
- Remaining Buyback Capacity
- 471600000
- Social Entertainment Revenue
- 422700000
- Non Live Streaming Revenue Share
- 31.8% of total net revenues, up from 26.1% a year ago
- Social Entertainment Revenue Yoy
- 7.4%
AI analysis
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