JOYY INC
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | 37.8% | 21.6% | 18.6% |
| FY2017 | 39.4% | 23.3% | 21.5% |
| FY2018 | 36.5% | 16.7% | 13.4% |
| FY2019 | 6.6% | -14.0% | 13.9% |
| FY2020 | 26.6% | -20.1% | 67.7% |
| FY2021 | 32.0% | -4.1% | -3.1% |
| FY2022 | 35.3% | 2.1% | 5.3% |
| FY2023 | 35.8% | 1.3% | 13.3% |
| FY2024 | 36.0% | -18.1% | -6.5% |
| FY2025 | 35.9% | 2.6% | 98.8% |