JOYY Reports First Quarter 2026 Unaudited Financial Results
<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <p>SINGAPORE, May 26, 2026 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/JOYY" rel="nofollow">JOYY</a>) ("JOYY" or the "Company"), a global technology company, today announced its unaudited financial results for the first quarter of 2026.</p> <p><strong>First Quarter 2026 Financial Highlights</strong><sup><strong>1</strong></sup></p> <ul> <li><strong>Net revenues </strong>were US$555.7 million, an increase of 12.4% from US$494.4 million in the corresponding period of 2025, compared with US$581.9 million in the fourth quarter of 2025. <ul> <li><strong>Social Entertainment net revenues </strong>increased by 3.2% to US$400.4 million from US$387.8 million in the corresponding period of 2025, compared with US$419.1 million in the fourth quarter of 2025.</li> <li><strong>BIGO Ads</strong> <strong>net revenues</strong> increased by 55.6% to US$124.8 million from US$80.2 million in the corresponding period of 2025, compared with US$128.6 million in the fourth quarter of 2025.</li> <li><strong>Shopline net revenues </strong>increased by 16.1% to US$30.5 million from US$26.3 million in the corresponding period of 2025, compared with US$34.3 million in the fourth quarter of 2025.<br /></li> </ul> </li> <li><strong>Operating income </strong>was US$6.8 million, compared with US$12.2 million in the corresponding period of 2025 and US$18.3 million in the fourth quarter of 2025.<br /></li> <li><strong>Non-GAAP EBIT
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