NetEase, Inc. (NETTF) stock
NETTFOTCServices-Prepackaged SoftwareAlso trades as NTES
$21.54+0.00 (0.00%)
Close on Oct 19, 2026Market cap $72.55BP/E 14.5Yield –
NetEase operating margin
Operating margin is operating income as a percentage of revenue.
For fiscal 2025 it was 31.8%, against 28.1% the year before. The highest annual figure on record is 64.3% in fiscal 2008.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 31.8% | +3.7 |
| FY2024 | Dec 31, 2024 | 28.1% | +1.3 |
| FY2023 | Dec 31, 2023 | 26.8% | +6.4 |
| FY2022 | Dec 31, 2022 | 20.3% | +1.6 |
| FY2021 | Dec 31, 2021 | 18.7% | −1.0 |
| FY2020 | Dec 31, 2020 | 19.7% | −3.5 |
| FY2019 | Dec 31, 2019 | 23.3% | +3.8 |
| FY2018 | Dec 31, 2018 | 19.5% | −9.7 |
| FY2017 | Dec 31, 2017 | 29.2% | −3.8 |
| FY2016 | Dec 31, 2016 | 33.1% | +1.2 |
| FY2015 | Dec 31, 2015 | 31.9% | −8.8 |
| FY2014 | Dec 31, 2014 | 40.7% | −3.9 |
| FY2013 | Dec 31, 2013 | 44.5% | +0.3 |
| FY2012 | Dec 31, 2012 | 44.3% | −0.2 |
| FY2011 | Dec 31, 2011 | 44.5% | −0.5 |
| FY2010 | Dec 31, 2010 | 45.0% | −8.0 |
| FY2009 | Dec 31, 2009 | 52.9% | −11.4 |
| FY2008 | Dec 31, 2008 | 64.3% | – |