Your Best Stock

NetEase NTES

$117.90
+$0.88 (+0.75%)
Market open · Sep 24, 2:00 pm ET
After hours $117.02 0.00%
Open$119.00
Prev close$117.02
Day range$117.78 – $119.06
Volume185.9K
Market cap$75.24B
P/E (TTM)15.7
Dividend yield2.62%

Earnings

Average move on report day±4.7%last 16 reports
Closed higher4 of 1625% of the time
Best reaction+14.6%
Worst reaction-11.2%

Stock move on the day after each report

-2.4%2023/Q3-3.9%2023/Q4-3.7%2024/Q1-11.2%2024/Q2+10.4%2024/Q3-2.6%2024/Q4+14.6%2025/Q1-3.9%2025/Q2+0.4%2025/Q3-4.1%2025/Q4-2.1%2026/Q1-5.8%2026/Q2
QuarterReport dateTimingImplied moveActual moveVersus implied
2026/Q220 Aug 2026Pre Market±5.6%-5.85%Bigger than priced
2026/Q121 May 2026Pre Market±9.0%-2.12%Within range
2025/Q411 Feb 2026Pre Market±7.7%-4.06%Within range
2025/Q320 Nov 2025Pre Market±7.2%+0.40%Within range
2025/Q214 Aug 2025Pre Market±10.0%-3.88%Within range
2025/Q115 May 2025Pre Market±5.8%+14.61%Bigger than priced
2024/Q420 Feb 2025Pre Market±7.2%-2.64%Within range
2024/Q314 Nov 2024Pre Market±5.3%+10.41%Bigger than priced
2024/Q222 Aug 2024Pre Market±4.8%-11.17%Bigger than priced
2024/Q123 May 2024Pre Market±6.0%-3.68%Within range
2023/Q429 Feb 2024Pre Market±8.0%-3.88%Within range
2023/Q316 Nov 2023Pre Market±6.9%-2.37%Within range
2023/Q224 Aug 2023Pre Market±9.5%-3.95%Within range
2023/Q125 May 2023Pre Market±7.7%+2.68%Within range
2022/Q423 Feb 2023Pre Market±4.3%-3.67%Within range
2022/Q317 Nov 2022Pre Market±4.9%-0.46%Within range

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Games and related value-added servicesCN¥25.02B 83.1%
  • NetEase Cloud MusicCN¥1.98B 6.6%
  • Innovative businesses and othersCN¥1.64B 5.4%
  • YoudaoCN¥1.47B 4.9%

Latest reported quarter: Q2, ended Jun 2026 · reported in CNY

RevenueCN¥30.11B+7.9% YoY
Operating profitCN¥12.09B+33.4% YoY
Net profitCN¥7.17B-21.1% YoY
Diluted EPSCN¥10.85-18.7% YoY
Free cash flowCN¥9.89B-4.5% YoY
Operating cash flowCN¥9.97B

Revenue, last 8 quarters

CN¥26.2BSep '24CN¥26.7BDec '24CN¥28.8BMar '25CN¥27.9BJun '25CN¥28.4BSep '25CN¥27.5BDec '25CN¥30.6BMar '26CN¥30.1BJun '26

Net profit, last 8 quarters

CN¥6.7BSep '24CN¥8.9BDec '24CN¥10.5BMar '25CN¥9.1BJun '25CN¥8.8BSep '25CN¥6.4BDec '25CN¥10.8BMar '26CN¥7.2BJun '26

Profitability & balance sheet

Gross margin67.2%
Operating margin35.2%
Net margin27.9%
Return on equity20.5%
Return on assets14.8%
Return on invested capital17.3%
Current ratio3.45
Liabilities / assets26.1%
Cash & investmentsCN¥175.39B
Total debtCN¥12.60B
Net cash (debt)CN¥162.79B
Free cash flow / sales42.9%
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