NetEase (ADR) (NTES)
Builds PC and mobile games alongside learning, music, and consumer platforms.
$118.83
After hours0.00 (0.00%)
At close$118.83(+1.16%)
In millions of USD, except per-share figures · converted from CNY at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,071 | 4,051 | 4,008 | 3,804 | 3,912 | 3,993 | 4,303 | 4,163 | 4,233 | 4,112 | 4,566 | 4,481 |
| Cost of revenue | 1,538 | 1,540 | 1,468 | 1,410 | 1,453 | 1,564 | 1,545 | 1,469 | 1,520 | 1,471 | 1,399 | 1,323 |
| Gross profit | 2,533 | 2,512 | 2,540 | 2,395 | 2,460 | 2,429 | 2,758 | 2,695 | 2,713 | 2,641 | 3,167 | 3,158 |
| 1,404 | 1,486 | 1,402 | 1,351 | 1,393 | 1,261 | 1,200 | 1,342 | 1,517 | 1,399 | 1,278 | 1,359 | |
| Research & development | 649 | 669 | 623 | 665 | 660 | 667 | 655 | 650 | 678 | 662 | 669 | 691 |
| 756 | 818 | 779 | 686 | 732 | 594 | 545 | 692 | 839 | 737 | 609 | 667 | |
| Selling & marketing | 532 | 631 | 600 | 523 | 568 | 421 | 402 | 534 | 665 | 580 | 514 | 549 |
| General & administrative | 223 | 187 | 179 | 163 | 164 | 174 | 143 | 158 | 174 | 157 | 95 | 120 |
| Operating income | 1,128 | 1,025 | 1,138 | 1,044 | 1,067 | 1,168 | 1,559 | 1,353 | 1,196 | 1,242 | 1,889 | 1,800 |
| 230 | 131 | 249 | 170 | 127 | 371 | 300 | 237 | 313 | −104 | 106 | −367 | |
| Interest income | 171 | 188 | 191 | 177 | 191 | 175 | 158 | 142 | 140 | 249 | 133 | 128 |
| Other non-operating income | 0 | −131 | −249 | −170 | −127 | −371 | −300 | −237 | −313 | 104 | −106 | 0 |
| Income before tax | 1,359 | 1,156 | 1,386 | 1,214 | 1,194 | 1,538 | 1,859 | 1,590 | 1,509 | 1,138 | 1,996 | 1,433 |
| Income tax expense | 193 | 160 | 222 | 194 | 192 | 207 | 284 | 233 | 196 | 187 | 377 | 366 |
| Net income from continuing operations | 1,166 | 997 | 1,165 | 1,019 | 1,001 | 1,331 | 1,574 | 1,357 | 1,313 | 951 | 1,619 | 1,067 |
| Net income | 1,170 | 983 | 1,140 | 1,009 | 976 | 1,309 | 1,538 | 1,284 | 1,286 | 932 | 1,593 | 1,039 |
| EPS, basic | $1.82 | $1.51 | $1.78 | $1.57 | $1.52 | $2.04 | $2.43 | $2.02 | $2.02 | $1.44 | $2.49 | $1.62 |
| EPS, diluted | $1.80 | $1.51 | $1.75 | $1.55 | $1.52 | $2.04 | $2.40 | $1.99 | $1.99 | $1.42 | $2.47 | $1.61 |
| Weighted average shares, basic | 643 | 651 | 642 | 644 | 644 | 641 | 635 | 638 | 638 | 638 | 640 | 641 |
| Weighted average shares, diluted | 650 | 651 | 650 | 651 | 651 | 641 | 641 | 643 | 645 | 646 | 645 | 644 |
| EBITDA | 1,226 | 1,255 | 1,471 | 1,308 | 1,271 | 1,642 | 1,931 | 1,654 | 1,601 | 1,244 | 2,060 | 1,865 |
| Depreciation & amortization | 97 | 98 | 85 | 94 | 78 | 104 | 72 | 64 | 92 | 106 | 64 | 65 |
| EBIT | 1,128 | 1,156 | 1,386 | 1,214 | 1,194 | 1,538 | 1,859 | 1,590 | 1,509 | 1,138 | 1,996 | 1,800 |