JOYY, Inc. Sponsored ADR Class A (JOYY) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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JOYY Revenue Growth
Revenue Breakdown (FY 2024)
JOYY's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
JOYY Revenue Analysis (2013–2024)
As of May 8, 2026, JOYY, Inc. Sponsored ADR Class A (JOYY) generated trailing twelve-month (TTM) revenue of $2.24 billion, reflecting slight decline in growth of -3.6% year-over-year. The most recent quarter (Q4 2024) recorded $549.4 million in revenue, down 1.6% sequentially.
Looking at the longer-term picture, JOYY's 5-year compound annual growth rate (CAGR) stands at -9.3%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $3.66 billion in 2019.
Revenue diversification analysis shows JOYY's business is primarily driven by Live streaming (77%), and Others (23%). With over half of revenue concentrated in Live streaming, the company maintains significant focus in this area while developing other growth vectors.
When compared to Communication Services sector peers including MOMO (-2.7% YoY), LIVE (-5.3% YoY), and HUYA (-2.1% YoY), JOYY has underperformed the peer group in terms of revenue growth. Compare JOYY vs MOMO →
JOYY Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| JOYYCurrent | $2.2B | -3.6% | -9.3% | -18.1% | |
 MOMO | $10.1B | -2.7% | -6.6% | 12.7% | |
 LIVE | $445M | -5.3% | +18.3% | 3.3% | |
 HUYA | $6.1B | -2.1% | +38.2% | -3.1% | |
 DOYU | $4.3B | -11.1% | -10.1% | -13.2% | |
 IQ | $29.2B | -10.6% | +0.2% | 6.2% |
JOYY Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $2.24B | -1.3% | $806.2M | 36.0% | $-405,625,000 | -18.1% |
| 2023 | $2.27B | -6.0% | $813.0M | 35.8% | $28.8M | 1.3% |
| 2022 | $2.41B | -7.9% | $852.1M | 35.3% | $50.7M | 2.1% |
| 2021 | $2.62B | +36.5% | $837.9M | 32.0% | $-132,018,000 | -5.0% |
| 2020 | $1.92B | -47.5% | $569.6M | 29.7% | $-414,875,000 | -21.6% |
| 2019 | $3.66B | +59.5% | $1.20B | 33.0% | $76.5M | 2.1% |
| 2018 | $2.29B | +29.0% | $835.4M | 36.5% | $383.7M | 16.7% |
| 2017 | $1.78B | +50.3% | $699.7M | 39.4% | $413.4M | 23.3% |
| 2016 | $1.18B | +30.1% | $446.5M | 37.8% | $255.1M | 21.6% |
| 2015 | $908.4M | +53.2% | $357.0M | 39.3% | $179.0M | 19.7% |
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Start ComparisonJOYY — Frequently Asked Questions
Quick answers to the most common questions about buying JOYY stock.
Is JOYY's revenue growth accelerating or slowing?
JOYY revenue growth slowed to -3.6%, below the 5-year CAGR of -9.3%. TTM revenue is $2.2B. The deceleration marks a shift from historical growth rates.
What is JOYY's long-term revenue growth rate?
JOYY, Inc. Sponsored ADR Class A's 5-year revenue CAGR of -9.3% reflects the variable expansion pattern. Current YoY growth of -3.6% is near this long-term average.
How is JOYY's revenue distributed by segment?
JOYY reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.