Singapore-based technology company JOYY Inc. reported a sharp increase in second-quarter profit on Tuesday, driven by a larger user base and improved monetization. Operating income rose 138.1% year-on-year to $13.8 million, up from $5.8 million in the same period of 2025, while net revenue increased 16.3% to $590.8 million from $508.1 million.
The company’s global average mobile monthly active users grew 5.5% year-on-year to 277.1 million, compared with 262.5 million in the second quarter of 2025. Sequential user growth was modest at 0.3%, rising from 276.3 million in the first quarter of 2026. JOYY attributed the gains to a continued focus on marketing efficiency and high-value user acquisition.
JOYY forecast third-quarter net revenue between $602 million and $622 million, indicating expectations for continued revenue growth. The outlook follows a quarter in which the company maintained disciplined spending while expanding its user base.
U.S.-listed shares of JOYY rose 4% in after-hours trading following the results.
