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JOYY reports 12.4% revenue growth in Q1 2026, driven by strong ad and social entertainment segments

Company Fundamentals
25 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

JOYY Inc. announced a 12.4% increase in net revenues to $555.7 million for Q1 2026, led by a 55.6% surge in BIGO Ads and 3.2% growth in Social Entertainment. The company’s core live streaming business showed signs of recovery with increased user engagement, while Shopline also grew 16.1%. JOYY plans to repurchase up to $600 million in shares and distribute $900 million in dividends through 2028, signaling confidence in long-term growth. The company expects Q2 revenues between $562 million and $581 million amid ongoing market uncertainties.

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