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Understand JOYY Inc.'s Q2 2026 Financial Report at a Glance

Key Highlights of JOYY Inc.'s Q2 2026 Performance:
1. Revenue growth continues to accelerate, with all three core businesses rising in unison
Total group revenue reached USD 590.8 million, achieving growth both year-over-year and quarter-over-quarter. The social entertainment business maintained steady growth, up 7.4% year-over-year; BIGO Ads continued its high-growth trajectory, up 53.1% year-over-year; SHOPLINE's growth further accelerated, up 28.6% year-over-year.
2. Profitability steadily improves, raising full-year operating profit growth expectations
Q2 non-GAAP operating profit reached USD 49.1 million, up 28.2% year-over-year and 29.4% quarter-over-quarter; non-GAAP EBITDA reached USD 56.9 million, up 18.1% year-over-year and 24.4% quarter-over-quarter. Based on the overall operational performance in the first half of the year and the continuous improvement in operational efficiency across various businesses, the company expects full-year 2026 non-GAAP operating profit to increase by approximately 20% year-over-year.
3. Continuously advancing the USD 1.5 billion shareholder return plan over three years
Based on the updated USD 1.5 billion shareholder return plan for 2026-2028 announced in May this year, from January 1 to August 21, JOYY has cumulatively repurchased shares worth USD 216.4 million and distributed dividends totaling USD 142.4 million, bringing the total shareholder returns to USD 358.8 million.
Key Highlights of JOYY Inc.'s Q2 2026 Performance: 1. Revenue growth continues to accelerate, with all three core businesses rising in unison Total group revenue reached USD 590.8 million, achieving growth both year-over-year and quarter-over-quarter. The social entertainment business maintained steady growth, up 7.4% year-over-year; BIGO Ads continued its high-growth trajectory, up 53.1% year-over-year; SHOPLINE's growth further accelerated, up 28.6% year-over-year. 2. Profitability steadily improves, raising full-year operating profit growth expectations Q2 non-GAAP operating profit reached USD 49.1 million, up 28.2% year-over-year and 29.4% quarter-over-quarter; non-GAAP EBITDA reached USD 56.9 million, up 18.1% year-over-year and 24.4% quarter-over-quarter. Based on the overall operational performance in the first half of the year and the continuous improvement in operational efficiency across various businesses, the company expects full-year 2026 non-GAAP operating profit to increase by approximately 20% year-over-year. 3. Continuously advancing the USD 1.5 billion shareholder return plan over three years Based on the updated USD 1.5 billion shareholder return plan for 2026-2028 announced in May this year, from January 1 to August 21, JOYY has cumulatively repurchased shares worth USD 216.4 million and distributed dividends totaling USD 142.4 million, bringing the total shareholder returns to USD 358.8 million.
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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