JOYY Reports First Quarter 2026 Financial Results: Total Revenue Up 12.4% YoY, Substantially Expanding Shareholder Returns
BIGO Ads and SHOPLINE helped drive the gain as non-GAAP operating income rose 22.5% and JOYY authorized a $600 million buyback.
- JOYY Inc. announced first quarter 2026 results on Tuesday, delivering US$555.7 million in total revenues, up 12.4% year over year, while launching a US$600 million share repurchase program and US$900 million quarterly dividend totaling US$1.5 billion through 2028.
- The company's three business pillars—social entertainment, BIGO Ads, and SHOPLINE—formed a self-reinforcing ecosystem, with AI serving as the backbone driving content recommendation, advertising efficiency, and merchant intelligence across all segments.
- Social Entertainment reached 276.3 million global monthly active users, up 6.1% year over year, while BIGO Ads generated US$124.8 million, up 55.6%, and SHOPLINE reached US$30.5 million, up 16.1%, with cross-border merchants sustaining over 60% growth.
- Non-GAAP operating income increased 22.5% to US$38.0 million and non-GAAP EBITDA grew 13.2% to US$45.7 million, supported by US$46.0 million in operating cash inflow and a net cash position of US$3,175.1 million as of March 31, 2026.
- AI-Generated virtual gifts reached 34% of Bigo Live consumption in April, while the inaugural BIGO Content Award in North America attracted over 300 top-tier streamers, with regional galas expanding into South Korea, Indonesia, and the Philippines.
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InsideNoVA.com
JOYY Reports First Quarter 2026 Financial Results: Total Revenue Up 12.4% YoY, Substantially Expanding Shareholder Returns
SINGAPORE, May 25, 2026 /PRNewswire/ -- JOYY Inc. (NASDAQ: JOYY) ("JOYY" or the "Company"), a leading global technology company, today announced its unaudited financial results for the first quarter ended March 31, 2026.
JOYY Reports First Quarter 2026 Financial Results: Total Revenue YoY Growth
SINGAPORE – Media OutReach Newswire – 26 May 2026 – JOYY Inc. (NASDAQ: JOYY) (“JOYY” or the “Company”), a leading global technology company, today announced its unaudited financial results for the first quarter ended March 31, 2026. In the first quarter, JOYY’s total revenues reached US$555.7 million, up 12.4% year over year, representing the Company’s […]
The InfoStride
JOYY Reports First Quarter 2026 Financial Results: Total Revenue YoY Growth Hits Multi-Year High
SINGAPORE – Media OutReach Newswire – 26 May 2026 – JOYY Inc. (NASDAQ: JOYY) (“JOYY” or the “Company”), a leading global technology company, today announced its unaudited financial results for the first quarter ended March 31, 2026. In the first quarter, JOYY’s total revenues reached US$555.7 million, up 12.4% year over year, representing the Company’s [...] Source from InfoStride News
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