Stocks Technology NTES
NASDAQ · TechnologyNetEase, Inc. (NTES)
NetEase, Inc. reported revenue of $16.1B in fiscal 2025, up 11.6% from a year earlier. Net income was $4.8B, a net margin of 30.0%. Operating cash flow minus capital spending left $7.1B of free cash flow in fiscal 2025. At December 31, 2025 it held $6.7B in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 15, 2026.
Watch NTES in 60 secondsWhat NetEase, Inc. does
NetEase develops and publishes online and mobile video games, operates music streaming services, and provides online education platforms. The company monetizes through in-game purchases, subscription services, advertising, and digital content sales to internet users primarily in China and international markets. Its shares trade on NASDAQ under the ticker NTES.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $16.1B | $4.8B | $1.50 | $7.1B |
| 2024 | $14.4B | $4.1B | $1.26 | $5.3B |
| 2023 | $14.6B | $4.1B | $1.27 | $4.7B |
| 2022 | $14B | $2.9B | $0.89 | $3.7B |
| 2021 | $13.7B | $2.6B | $0.79 | $3.7B |
| 2020 | $11.3B | $1.8B | $0.55 | $3.7B |
Full financial statements: income, balance sheet and cash flow
Where NTES ranks in Technology
Dividends
It paid out $2B in cash dividends, 41% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | n/a | $2B | 41% |
| 2024 | n/a | $1.5B | 38% |
| 2023 | n/a | $1.1B | 27% |
| 2022 | n/a | $974.8M | 33% |
| 2021 | n/a | $550.5M | 21% |
| 2020 | n/a | $656M | 35% |
Latest SEC filings
What NetEase, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 24, 2026
- September 4, 2026
- August 28, 2026
- August 27, 2026Form N-PX filing N-PX
- August 20, 2026
- August 13, 2026Form 13F-HR filing 13F-HR
- August 11, 2026
- August 6, 2026
- August 6, 2026
- July 15, 2026
Insider trades
What the people running NetEase, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $86.4K worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 2, 2026 | Mo BinVice President, Finance | Sold | 716 | $86.4K |
| August 11, 2026 | Mo BinVice President, Finance | Received as pay | 716 | - |
| June 29, 2026 | Boltz Paul William JRGeneral Counsel | Sold | 10,000 | $1.3M |
Who owns NTES
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
Largest institutional holders
Insiders
1 insiders reported holding 12,223 shares in total, about $1.5M at the last price.
| Holder | Shares |
|---|---|
| Boltz Paul William JRGeneral Counsel | 12,223 |
Questions about NTES
What does NetEase, Inc. do?
NetEase develops and publishes online and mobile video games, operates music streaming services, and provides online education platforms. The company monetizes through in-game purchases, subscription services, advertising, and digital content sales to internet users primarily in China and international markets. Its shares trade on NASDAQ under the ticker NTES.
Is NetEase, Inc. profitable?
Yes. In fiscal 2025 it reported net income of $4.8B on revenue of $16.1B, a net margin of 30.0%.
How much revenue does NetEase, Inc. make?
In fiscal 2025 NetEase, Inc. reported revenue of $16.1B. That is 11.6% more than a year earlier.
When did NetEase, Inc. last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 15, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from September 24, 2026.
Similar companies
Compare NTES with
Follow NTES
Get an email when NetEase, Inc. files with the SEC: results, executive changes, material agreements and annual reports.
Follow NTES: get an email when it filesWhere the numbers come from
Financial figures are the values NetEase, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.