JOYY Inc. reported unaudited second-quarter 2026 revenue of US$590.8 million, up 16.3% from US$507.8 million a year earlier and 6.3% from US$555.7 million in the first quarter. Operating income rose 138.1% year over year to US$13.8 million, while non-GAAP operating income increased 28.2% to US$49.1 million and non-GAAP EBITDA rose 18.1% to US$56.9 million. Social Entertainment revenue increased 7.4% to US$422.7 million, BIGO Ads revenue climbed 53.1% to US$133.7 million and SHOPLINE revenue grew 28.6% to US$34.4 million. Non-livestreaming revenue rose 42.1% to US$188.1 million and represented 31.8% of group revenue. Global average mobile MAUs reached 277.1 million, up 5.5% year over year. JOYY said BIGO Ads benefited from expanding developer traffic, advertiser demand and AI-driven algorithm improvements, while SHOPLINE's AI-channel page views and order volume grew nearly 15-fold and more than 35-fold, respectively, in the first half. The company forecast third-quarter revenue of US$602 million to US$622 million and said full-year 2026 non-GAAP operating income is expected to grow approximately 20% year over year. JOYY held US$3,059.3 million in net cash as of June 30 and returned US$358.8 million to shareholders through Aug. 21 through dividends and share repurchases.