NetEase, Inc. (NTES)

NASDAQ: NTES · Real-Time Price · USD

113.78

-2.55 (-2.19%)

At close: Mar 20, 2026, 4:00 PM EDT

114.18

+0.40 (0.35%)

After-hours: Mar 20, 2026, 6:36 PM EDT

NetEase Revenue by Segment

Period Ending	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021
Games and Related Value Added Services	13.25B	13.25B	12.89B	12.49B	12.12B	12.07B	12.20B	12.02B
Games and Related Value Added Services Growth	9.33%	9.75%	5.63%	3.92%	2.52%	4.48%	9.87%	9.17%
Cloud and Music	1.11B	1.11B	1.12B	1.13B	1.15B	1.17B	1.16B	1.15B
Cloud and Music Growth	-3.50%	-4.76%	-4.01%	-1.99%	1.06%	-2.45%	-7.09%	-10.67%
Innovative Businesses and Other	1.02B	1.02B	1.07B	1.12B	1.17B	1.24B	1.27B	1.27B
Innovative Businesses and Other Growth	-12.97%	-17.72%	-15.81%	-11.51%	-6.36%	2.79%	5.38%	7.67%
Youdao	823.73M	823.73M	815.62M	801.73M	815.30M	835.69M	830.80M	814.12M
Youdao Growth	1.03%	-1.43%	-1.83%	-1.52%	4.39%	7.53%	9.69%	12.90%

Gross Margin by Segment

Period Ending	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022
Games and Related Value Added Services	68.81%	68.81%	68.68%	68.59%	68.74%	69.45%	69.49%	68.89%
Youdao	44.90%	44.90%	47.15%	48.46%	48.85%	49.36%	50.88%	50.68%
Innovative Businesses and Other	40.19%	40.19%	39.07%	37.01%	35.78%	34.80%	32.49%	31.43%
Cloud and Music	35.04%	35.04%	34.36%	33.34%	33.73%	33.30%	31.92%	30.66%

Gross Profit by Segment

Period Ending	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021
Games and Related Value Added Services	9.12B	9.12B	8.85B	8.57B	8.33B	8.38B	8.48B	8.28B
Games and Related Value Added Services Growth	9.45%	8.75%	4.40%	3.46%	3.33%	10.47%	18.26%	17.65%
Innovative Businesses and Other	410.36M	410.36M	417.95M	415.63M	419.84M	431.90M	412.88M	398.93M
Innovative Businesses and Other Growth	-2.26%	-4.99%	1.23%	4.19%	12.87%	24.89%	21.30%	23.78%
Cloud and Music	389.51M	389.51M	383.78M	375.86M	388.60M	388.67M	371.46M	352.69M
Cloud and Music Growth	0.23%	0.22%	3.32%	6.57%	27.53%	39.40%	48.93%	64.33%
Youdao	369.86M	369.86M	384.58M	388.56M	398.31M	412.51M	422.69M	412.60M
Youdao Growth	-7.14%	-10.34%	-9.01%	-5.83%	-0.69%	1.54%	7.87%	11.81%

Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.