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NetEase, Inc. (NTES)
NASDAQ: NTES · Real-Time Price · USD
129.45
+2.89 (2.28%)
Nov 6, 2026, 4:00 PM EST - Market closed

NetEase Income Statement

Millions CNY. Fiscal year is Jan - Dec.
Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
30,10730,59127,54728,35927,89228,82926,74826,21025,48626,85227,14027,27024,01125,04625,35424,42723,15923,55624,37422,191
Revenue Growth (YoY)
7.94%6.12%2.99%8.20%9.44%7.36%-1.45%-3.89%6.14%7.21%7.04%11.64%3.68%6.33%4.02%10.08%12.84%14.81%23.34%18.93%
Cost of Revenue
8,8899,3749,85510,1819,83910,34910,4759,7339,4449,83610,31510,3049,63610,15012,11010,68310,21810,71911,45610,380
Gross Profit
21,21721,21717,69218,17818,05218,47916,27216,47716,04217,01616,82516,96614,37514,89713,24413,74412,94112,83612,91811,811
Selling, General & Admin
4,4844,0784,9395,6224,6353,6523,9814,9054,5935,2195,4775,0614,4043,9274,7215,0334,4133,9314,4624,274
Research & Development
4,6444,4824,4344,5424,3574,3864,4704,4244,4564,1754,4794,3473,9093,7504,0903,9693,5823,3983,8483,761
Operating Expenses
9,1288,5609,37310,1648,9918,0388,4519,3309,0499,3939,9579,4088,3137,6768,8119,0027,9957,3298,3108,036
Operating Income
12,08912,6578,3198,0139,06110,4417,8217,1476,9937,6226,8687,5586,0637,2204,4334,7424,9465,5074,6083,775
Interest Expense
---666.68----598----884.1----650.2----191.3-
Interest & Investment Income
863.2895.74-2,3161,2821,7541,2661,8611,2901,4572,1371,7041,2231,2471,2421,903505.99458.242,214349.55
Currency Exchange Gain (Loss)
-436.49-622.11-517.97-373.81114.041.81,535-1,056-239.3815.01-810.9-400.481,465-386.57-594.241,398865.28-97.88-331.39153.31
Other Non Operating Income (Expenses)
62.86438.98485.86153.2192.17255.32278.9543.685.69193.89434.76240.02120.83258.03344.88164.44121.18216.33297.24117.64
EBT Excluding Unusual Items
12,57913,3697,62010,10910,64912,45210,3047,9968,1309,2887,7459,1018,8728,3394,7768,2086,4396,0846,5974,396
Gain (Loss) on Sale of Investments
-2,954----------------707.49-548.7--264.61
Pretax Income
9,62513,3697,62010,10910,64912,45210,3047,9968,1309,2887,7459,1018,8728,3394,7768,2085,7315,5356,5974,131
Income Tax Expense
2,4592,5241,2501,3161,5611,9051,3851,2901,3011,4861,0691,290712.091,629966.571,5871,2591,219933.99807.65
Earnings From Continuing Operations
7,16710,8466,3708,7939,08810,5478,9196,7066,8297,8026,6767,8118,1606,7103,8106,6214,4724,3165,6633,323
Earnings From Discontinued Operations
----------------624.86---
Net Income to Company
7,16710,8466,3708,7939,08810,5478,9196,7066,8297,8026,6767,8118,1606,7103,8106,6215,0974,3165,6633,323
Minority Interest in Earnings
-185.9-171.5-127.99-176.93-487.46-245.61-152.47-168-69.85-168.41-94.0726.0183.1544.24143.0478.36194.6478.2631.45-141.66
Net Income
6,98110,6746,2428,6168,60110,3018,7666,5386,7597,6346,5827,8378,2436,7553,9536,6995,2914,3945,6943,182
Net Income to Common
6,98110,6746,2428,6168,60110,3018,7666,5386,7597,6346,5827,8378,2436,7553,9536,6995,2914,3945,6943,182
Net Income Growth (YoY)
-18.84%3.62%-28.80%31.77%27.26%34.94%33.18%-16.57%-18.00%13.02%66.52%16.98%55.77%53.72%-30.58%110.55%49.40%-1.02%483.60%6.12%
Shares Outstanding (Basic)
3,2033,1983,1923,1913,1893,1743,1743,1993,2183,2123,2123,2143,2193,2213,2393,2633,2753,2773,2813,326
Shares Outstanding (Diluted)
3,2223,2273,2283,2233,2153,2063,2063,2243,2433,2493,2533,2503,2493,2573,2693,2943,3063,3163,3233,362
Shares Change (YoY)
0.22%0.65%0.68%-0.02%-0.88%-1.33%-1.45%-0.79%-0.18%-0.22%-0.49%-1.34%-1.71%-1.80%-1.62%-2.02%-2.38%-2.47%-2.58%-2.03%
EPS (Basic)
2.183.341.962.702.703.252.762.042.102.382.052.442.562.101.222.051.621.341.740.96
EPS (Diluted)
2.173.311.942.672.673.212.732.032.082.352.032.412.542.071.212.031.601.331.720.95
EPS Growth (YoY)
-18.73%3.12%-29.17%31.53%28.37%36.60%34.69%-15.77%-18.11%13.53%68.23%18.72%58.85%55.64%-29.76%113.68%52.29%1.53%502.26%9.20%

Additional Metrics

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Free Cash Flow
9,95413,42114,68612,66410,67211,65312,70010,1966,3639,14211,3239,2017,1585,3488,6606,9296,1863,8337,9265,885
Free Cash Flow Per Share
3.094.164.553.933.323.633.963.161.962.813.482.832.201.642.652.101.871.162.381.75
Dividend Per Share
0.6520.9931.5770.8120.8170.9801.8590.6100.6320.7151.4700.7220.7610.6390.3240.6190.4820.4080.5010.290
Dividend Growth (YoY)
-20.15%1.39%-15.15%32.99%29.18%37.04%26.44%-15.52%-16.98%11.90%353.88%16.71%57.87%56.47%-35.28%113.43%-3.85%1139.63%9.50%
Gross Margin
70.47%69.36%64.23%64.10%64.72%64.10%60.84%62.86%62.95%63.37%61.99%62.21%59.87%59.48%52.24%56.27%55.88%54.49%53.00%53.22%
Operating Margin
40.16%41.37%30.20%28.26%32.49%36.22%29.24%27.27%27.44%28.39%25.31%27.71%25.25%28.83%17.49%19.41%21.36%23.38%18.91%17.01%
Profit Margin
23.19%34.89%22.66%30.38%30.84%35.73%32.77%24.95%26.52%28.43%24.25%28.74%34.33%26.97%15.59%27.43%22.85%18.65%23.36%14.34%
Free Cash Flow Margin
33.06%43.87%53.31%44.66%38.26%40.42%47.48%38.90%24.97%34.05%41.72%33.74%29.81%21.35%34.16%28.37%26.71%16.27%32.52%26.52%
EBITDA
12,52913,0879,0408,6319,49010,9228,5197,6677,6258,1907,5288,2106,7248,3025,2035,4565,5556,2735,4444,581
EBITDA Margin
41.62%42.78%32.81%30.44%34.02%37.89%31.85%29.25%29.92%30.50%27.74%30.10%28.00%33.15%20.52%22.34%23.99%26.63%22.34%20.64%
D&A For EBITDA
439.44430.58720.37617.87428.43480.76697.45520.57631.96567.92659.77651.86661.361,082769.14713.85609.04766.18836.04805.49
EBIT
12,08912,6578,3198,0139,06110,4417,8217,1476,9937,6226,8687,5586,0637,2204,4334,7424,9465,5074,6083,775
EBIT Margin
40.16%41.37%30.20%28.26%32.49%36.22%29.24%27.27%27.44%28.39%25.31%27.71%25.25%28.83%17.49%19.41%21.36%23.38%18.91%17.01%
Effective Tax Rate
25.54%18.88%16.41%13.02%14.66%15.30%13.44%16.13%16.00%16.00%13.80%14.18%8.03%19.53%20.24%19.33%21.97%22.03%14.16%19.55%
SEC Filings: 10-K · 10-Q