JOYY (NASDAQ:YY) reported its strongest year-over-year revenue growth in recent years in the first quarter of 2026, as its social entertainment business returned to growth and newer businesses in advertising technology and commerce continued to scale.
The company said total net revenue rose 12.4% year-over-year to $555.7 million. Non-GAAP operating profit increased 22.5% to $38 million, while non-GAAP EBITDA rose 13.2% to $45.7 million. Operating cash flow was $46 million for the quarter, and JOYY ended March with approximately $3.18 billion in net cash.