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NetEase, Inc. (NETTF) stock

NETTFOTCServices-Prepackaged SoftwareAlso trades as NTES
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 15, 2026Score 8/30
$21.54+0.00 (0.00%)

Close on Oct 19, 2026Market cap $72.55BP/E 14.5Yield –

NetEase gross margin

Gross margin is gross profit as a percentage of revenue.

For fiscal 2025 it was 64.3%, against 62.5% the year before. The highest annual figure on record is 84.2% in fiscal 2008.

Annual gross margin

PeriodPeriod endValueChange (pts)
FY2025Dec 31, 202564.3%+1.8
FY2024Dec 31, 202462.5%+1.5
FY2023Dec 31, 202360.9%+6.3
FY2022Dec 31, 202254.7%+1.1
FY2021Dec 31, 202153.6%+0.7
FY2020Dec 31, 202052.9%−0.3
FY2019Dec 31, 201953.3%−0.2
FY2018Dec 31, 201853.4%−2.9
FY2017Dec 31, 201756.4%−0.4
FY2016Dec 31, 201656.7%−2.0
FY2015Dec 31, 201558.8%−13.4
FY2014Dec 31, 201472.2%+3.4
FY2013Dec 31, 201368.7%+1.6
FY2012Dec 31, 201267.1%+1.3
FY2011Dec 31, 201165.8%+0.3
FY2010Dec 31, 201065.5%−7.3
FY2009Dec 31, 200972.8%−11.4
FY2008Dec 31, 200884.2%–

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