# NetEase, Inc. (NTES)

Source page: https://stoqly.net/companies/ntes

- **Ticker:** NTES (Nasdaq)
- **Sector:** Information Technology / Services-Prepackaged Software
- **SEC CIK:** 0001110646
- **Latest annual report:** 20-F filed 2026-04-15 (https://www.sec.gov/Archives/edgar/data/1110646/000110465926043468/ntes-20251231x20f.htm)
- **Data updated:** 2026-11-01

## Key figures

- **Last close:** $113.64 on 2026-10-30
- **Market cap:** $73.1B
- **P/E (trailing):** 15.6x
- **EPS, trailing 12 months:** $7.29
- **Revenue (FY2025):** $15.7B
- **Revenue growth:** +7.1%
- **Revenue growth, 5-year CAGR:** +8.0%
- **Gross margin:** 64.3%
- **Operating margin:** 31.8%
- **Net margin:** 30.9%
- **Free cash flow:** $6.9B
- **Free cash flow margin:** 44.1%
- **Return on equity:** 23.1%
- **Change in share count:** −0.4%
- **Piotroski F-score:** 6/9
- **Insider buys, last 90 days:** $0.0M
- **Insider sells, last 90 days:** $0.0M

Definitions: https://stoqly.net/about

## Annual results

From SEC EDGAR XBRL filings. Full table: https://stoqly.net/companies/ntes/figures.csv

| US$ millions | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---:|---:|---:|---:|---:|---:|---:|---:|---:|---:|
| Revenue | 5,746 | 6,575 | 7,734 | 8,573 | 10,673 | 13,583 | 14,332 | 14,608 | 14,631 | 15,669 |
| Operating income | 1,901 | 1,923 | 1,508 | 1,996 | 2,106 | 2,545 | 2,915 | 3,912 | 4,111 | 4,986 |
| Net income | 1,747 | 1,605 | 979 | 3,101 | 1,786 | 2,632 | 2,947 | 4,145 | 4,204 | 4,841 |
| Diluted EPS (US$) | 2.64 | 2.39 | 1.43 | 4.73 | 2.61 | 3.88 | 4.58 | 6.39 | 6.39 | 7.29 |
| Operating cash flow | 2,331 | 1,759 | 2,027 | 2,491 | 3,606 | 3,865 | 4,116 | 4,988 | 5,513 | 7,059 |
| Free cash flow | 2,160 | 1,514 | 1,700 | 2,316 | 3,453 | 3,616 | 3,804 | 4,663 | 5,336 | 6,911 |
| Cash | 2,451 | 1,922 | 2,421 | 2,666 | 3,425 | 4,216 | 4,713 | 3,640 | 8,513 | 9,994 |
| Debt and leases | — | — | — | — | — | 201 | 530 | 60 | 59 | — |

---

Source: SEC EDGAR filings and end-of-day prices, via Stoqly. For information only — not investment advice or a recommendation to buy, sell or hold any security.