# JOYY Reports First Quarter 2026 Financial Results: Total Revenue YoY Growth Hits Multi-Year High

- Link: https://www.thailand-business-news.com/pr-news/joyy-reports-first-quarter-2026-financial-results-total-revenue-yoy-growth-hits-multi-year-high
- Published: 2026-05-26T06:15:00+07:00
- Author: Media OutReach

SINGAPORE – [Media OutReach Newswire](https://www.media-outreach.com/) – 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 highest year-over-year growth rate in
recent years. Social entertainment revenue increased 3.2% year over year to US$400.4
million. BIGO Ads ad tech and SHOPLINE e-commerce, the second growth engine of the
Company, maintained strong growth momentum. BIGO Ads revenue reached US$124.8 million,
up 55.6% year over year, while SHOPLINE contributed US$30.5 million, up 16.1% year
over year.

 In the first quarter, the Company’s non-GAAP^(1) operating income increased 22.5%
year over year to US$38.0 million, while non-GAAP^(1) EBITDA grew 13.2% year over
year to US$45.7 million. Operating cash inflow for the quarter was US$46.0 million.
Net cash as of March 31, 2026 stood at US$3.18 billion.

 Simultaneously, JOYY announced a new share repurchase program, under which the 
Company is authorized to repurchase up to US$600 million of its shares until the
end of 2028, and a new quarterly dividend program, under which a total of approximately
US$900 million in cash will be distributed on a quarterly basis between 2026 and
2028. The new shareholder return program amounts to approximately US$1.5 billion,
underscoring JOYY’s confidence in its long-term growth potential.

 1.  This press release includes certain non-GAAP financial measures as additional 
    clarifying items to aid investors in further understanding the Company’s performance
    and the impact that these items and events had on the financial results. The non-
    GAAP financial measures provided above should not be considered as a substitute
    for, or superior to, the measures of financial performance prepared in accordance
    with GAAP. For details of the non-GAAP measures, including the reconciliations 
    of GAAP measures to non-GAAP measures, please refer to the press release titled“
    JOYY Reports First Quarter 2026 Unaudited Financial Results” issued by the Company
    on May 26, 2026.

Hashtag: #JOYY

The issuer is solely responsible for the content of this announcement.

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**Source** : [JOYY Reports First Quarter 2026 Financial Results: Total Revenue YoY Growth Hits Multi-Year High](https://www.media-outreach.com/news/singapore/2026/05/26/466776/?rand=186006)

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