JOYY Q1 2026 Revenue Surges 12%: Global Tech Power Play
Baca dalam 60 detik
- BIGO revenue surged 15% to $1.
- 0 billion, fueled by user engagement growth in emerging markets like the Middle East and Southeast Asia.
- Average mobile MAUs for BIGO increased 8% to 350 million, with paying users up 12%.
BIGO revenue surged 15% to $1. 0 billion, fueled by user engagement growth in emerging markets like the Middle East and Southeast Asia. Average mobile MAUs for BIGO increased 8% to 350 million, with paying users up 12%.
GAAP net income reached $180 million, with non-GAAP net income hitting $220 million, representing a 18% margin. Operating cash flow improved 22% to $240 million, providing ample capital for future expansion. The balance sheet remains fortress-strong with $1.
Management guided Q2 revenue between $1. 25-$1. 30 billion, implying 10-14% YoY growth.
Power Move: JOYY's consistent double-digit growth and margin expansion demonstrate that its global live streaming strategy is paying off. With a cash hoard and aggressive buyback plan, the company is positioned to weather regulatory storms while capturing market share. The next battleground: AI-powered creator tools to retain top talent.
This article was edited with AI assistance for readability. Read original here.
