Joyy vs Reddit
Joyy and Reddit are similar in size: $2.12bn and $2.20bn of revenue in their latest fiscal years. Reddit grew faster (69.4% against -5.1%). Joyy kept more of each dollar of sales as profit: a net margin of 98.8% against 24.1%. Reddit carries less debt relative to equity (0.0% against 0.2%).
| Latest fiscal year | JoyyJOYY, 2025 | RedditRDDT, 2025 |
|---|---|---|
| Revenue | $2.12bn | $2.20bn |
| Revenue growth | -5.1% | 69.4% |
| Net income | $2.10bn | $530m |
| Operating margin | 2.6% | 20.1% |
| Net margin | 98.8% | 24.1% |
| Return on equity | 37.3% | 20.9% |
| Free cash flow | $159m | $684m |
| Cash | $374m | $954m |
| Total debt | $10.7m | $0 |
| Debt to equity | 0.2% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | 3.7% | — |
| Share buybacks | $133m | — |
| Employees | — | 2,555 |
| Market value | $4.21bn | $19.16bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 4 buys, 473 sales |