JOYY Inc. Q2 FY2026 Earnings Call
With Ting Li (Chairperson and CEO) and Alex Liu (VP of Finance).
Founded in April 2005 and listed on NASDAQ in November 2012（NASDAQ：JOYY）, JOYY is a global technology company with comprehensive innovative capabilities.
More about JOYY Inc.
Joyy‘s mission is to "Enrich lives through technology". JOYY operates a number of innovative social media platforms such as Bigo Live, Likee and Hago that enable users to interact with others in real time. JOYY has gained immense popularity in over 150 countries, connecting hundreds of millions of users globally. JOYY has a global workforce of over 7,000 employees located in 30 cities around the world. JOYY places high importance on technological innovation and the Company is one of the leaders in the industry in the number of patent applications and licenses.
1Prepared remarks3 speakers
Thank you, operator. Hello, everyone. Welcome to JOYY's second quarter 2026 earnings conference call. Joining us today are Ms. Ting Li, Chairperson and CEO of JOYY, and Mr. Alex Liu, Vice President of Finance. For today's call, management will provide a review of this quarter, followed by a Q&A session. The financial results and webcast of this conference call are available on our website, ir.joyy.com. Please note that today's call contains forward-looking statements made under the safe harbor provisions of the…
Hello, everyone. I'm Li Ting. Thank you for joining us. Building on a strong first quarter, we delivered another solid result in Q2, recording accelerated revenue growth and a notable improvement in operating profit. Our social entertainment, BIGO Ads, and the SHOPLINE business all advanced in tandem. While our globally diversified ecosystem continued to unlock growth momentum, propelling our long-term value to its next level.
In the second quarter, we generated total revenue of $591 million, up 16.3%…
Thanks, Miss Li. Hello, everyone. In the second quarter of 2026, we recorded total net revenues of $591 million, securing a year-over-year growth of 16.3% and quarter-over-quarter growth of 6.3%. Our non-GAAP EBITDA for the quarter was $57 million, up 18.1% year-over-year and 24.4% quarter-on-quarter. Our operating cash flow was $65 million, and we ended the quarter with roughly $3.06 billion in net cash. As previously communicated, we accelerated our share buybacks since the start of 2026.
As of August 21, we have…