Stocktoria
NetEase, Inc. NTES
NetEase, Inc. financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16.1B | $14.4B | $14.6B | $14.0B | $13.7B | $11.3B | $8.5B | $9.8B | $44.4B | $38.2B |
| Gross profit | $10.4B | $9.0B | $8.9B | $7.7B | $7.4B | $6.0B | $4.5B | $4.1B | $4.0B | $3.1B |
| R&D expense | $2.5B | $2.4B | $2.3B | $2.2B | $2.2B | $1.6B | $1.2B | $1.1B | $671.9M | $438.9M |
| Operating income | $5.1B | $4.1B | $3.9B | $2.8B | $2.6B | $2.2B | $2.0B | $1.1B | $1.9B | $1.8B |
| Income tax | $862.7M | $748.2M | $661.9M | $729.5M | $647.8M | $466.2M | $418.7M | $358.8M | $332.3M | $302.8M |
| Net income | — | — | — | — | — | — | — | — | — | $1.7B |
| EPS (diluted) | $1.50 | $1.26 | $1.27 | $0.89 | $0.79 | $0.55 | $0.94 | $0.27 | $0.50 | $0.51 |
| Operating cash flow | $7.3B | $5.4B | $5.0B | $4.0B | $3.9B | $3.8B | $2.5B | $14.7B | $14.9B | $15.5B |
| Free cash flow | $7.1B | $5.3B | $4.7B | $3.7B | $3.7B | $3.7B | $2.3B | $14.3B | $14.6B | $15.3B |
| Cash & equivalents | $6.7B | $7.0B | $3.0B | $3.6B | $2.3B | $1.4B | $466.3M | $783.8M | $424.8M | $836.0M |
| Inventory | $98.6M | $78.3M | $97.9M | $144.1M | $151.4M | $95.2M | $93.4M | $729.8M | $841.5M | $227.3M |
| Total assets | $31.7B | $26.9B | $26.2B | $25.0B | $24.1B | $21.7B | $16.1B | $12.6B | $10.9B | $8.4B |
| Total liabilities | $8.1B | $7.3B | $8.1B | $9.3B | $8.5B | $7.4B | $5.6B | $5.2B | $3.7B | $2.8B |
| Shareholders' equity | $23.6B | $19.5B | $18.0B | $15.8B | $15.6B | $12.7B | $9.0B | $6.7B | $7.1B | $5.5B |
Growth · year-over-year · Revenue CAGR -9.1%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | +11.6% | -1.0% | +4.2% | +1.8% | +21.8% | +32.7% | -12.9% | -78.0% | +16.4% | +67.4% |
| Net income growth | — | — | — | — | — | — | — | — | — | +60.8% |
| EPS growth | +19.0% | -0.8% | +42.7% | +12.7% | +43.6% | -41.5% | +248.1% | -46.0% | -2.0% | +64.5% |
| Free cash flow growth | +35.0% | +13.1% | +25.3% | +1.4% | +0.2% | +58.9% | -83.9% | -2.0% | -4.9% | +92.9% |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.