JOYY Inc. (Nasdaq: JOYY) Q2 2025 Earnings Call | 08/27/2025

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JOYY Inc. reported Q2 2025 net revenues of $507.8 million, representing a 2.7% quarter-over-quarter increase but a decline compared to the prior year. Live streaming revenue decreased year-over-year, primarily due to fewer paying users and adjustments to non-audio livestreaming products for compliance. However, non-livestreaming revenue surged 25.6% year-over-year, making up 26.1% of total revenue, driven by strong advertising growth. Operating income rose 155% year-over-year to $5.8 million, with a non-GAAP EBITDA of $48.2 million, a 25.7% increase year-over-year. Net income from continuing operations attributable to JOYY's controlling interest increased 16.8% year-over-year to $60.8 million, while non-GAAP net income reached $77.0 million. The company maintained a solid operating margin and improved profitability despite challenges in live streaming. Average mobile monthly active users declined compared to the prior year across major platforms, reflecting strategic adjustments in marketing and sales. JOYY emphasized its commitment to optimizing advertising algorithms, expanding advertiser traffic, and delivering long-term shareholder value. The company held a strong cash position with net cash of $3.32 billion and continues a multi-year dividend policy alongside a share repurchase program. About Inside Ticker: Inside Ticker provides real-time financial news and detailed earnings call summaries for investors and professionals. Visit www.insideticker.com. #JOYY #JOYYInc #Q22025 #Earnings #FinancialResults #Revenue #NonGAAPEBITDA #NetIncome #LiveStreaming #Advertising #MobileUsers #Technology #FinancialPerformance #InvestorRelations #EarningsCall #StockMarket #NASDAQ #InsideTicker #EarningsSummary #BusinessUpdate #Fiscal2025 #SocialMedia #AdvertisingTech #ShareRepurchase #DividendPolicy