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NetEase, Inc.

NTESNasdaqServices-Prepackaged SoftwareAlso trades as NETTF
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 15, 2026Score 8/30
$115.49+1.85 (+1.63%)

Close on Nov 2, 2026Market cap $73.73BP/E 14.7Yield –

NetEase Smart devices — Cost of revenues (RMB M) by Quarter

Smart devices — Cost of revenues (RMB M) ($M)

QuarterlyAnnual

NetEase Smart devices — Cost of revenues (RMB M): $58.3M in Q2 2026, down 21.3% from a year earlier. That is the lowest of the 23 quarters on record here.

Latest, Q2 2026
58.3
Period ended Jun 30, 2026
Change on a year earlier
-21.3%
74.1 in Q2 2025
History
23 quarters
Since Q4 2020
Sources
19
Documents cited below

Where the Q2 2026 figure comes from

“|| Smart devices | 74,135 | 65,713 | 58,346 | 8,599 | 164,986 | 124,059”

Source: Youdao (DAO) Form 6-K (Q2 2026 Earnings Release) ↗

Quarterly history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedSmart devices — Cost of revenues (RMB M) ($M)Year on yearSource
Q2 2026Jun 30, 202658.3-21.3%Youdao (DAO) Form 6-K (Q2 2026 Earnings Release) ↗
Q1 2026Mar 31, 202665.7-27.7%Youdao (DAO) Form 6-K (Q2 2026 Earnings Release) ↗
Q4 2025Dec 31, 2025109-19.0%Youdao (DAO) Form 6-K (Q1 2026 Earnings Release) ↗
Q3 2025Sep 30, 2025122-32.3%Youdao (DAO) Form 6-K (Q4 2025 Earnings Release) ↗
Q2 2025Jun 30, 202574.1-36.3%Youdao (DAO) Form 6-K (Q2 2026 Earnings Release) ↗
Q1 2025Mar 31, 202590.9-25.6%Youdao (DAO) Form 6-K (Q1 2026 Earnings Release) ↗
Q4 2024Dec 31, 2024135-1.7%Youdao (DAO) Form 6-K (Q4 2025 Earnings Release) ↗
Q3 2024Sep 30, 2024180+24.8%Youdao (DAO) Form 6-K (Q3 2025 Earnings Release) ↗
Q2 2024Jun 30, 2024116-18.4%Youdao (DAO) Form 6-K (Q2 2025 Earnings Release) ↗
Q1 2024Mar 31, 2024122-5.1%Youdao (DAO) Form 6-K (Q1 2025 Earnings Release) ↗
Q4 2023Dec 31, 2023137-37.4%Youdao (DAO) Form 6-K (Q4 2024 Earnings Release) ↗
Q3 2023Sep 30, 2023145-32.0%Youdao (DAO) Form 6-K (Q3 2024 Earnings Release) ↗
Q2 2023Jun 30, 2023143-14.4%Youdao (DAO) Form 6-K (Q2 2024 Earnings Release) ↗
Q1 2023Mar 31, 2023129-23.4%Youdao (DAO) Form 6-K (Q1 2024 Earnings Release) ↗
Q4 2022Dec 31, 2022219-0.3%Youdao (DAO) Form 6-K (Q4 2023 Earnings Release) ↗
Q3 2022Sep 30, 2022212+26.0%Youdao (DAO) Form 6-K (Q3 2023 Earnings Release) ↗

Cite this data

StockData. (2026). NetEase Smart devices — Cost of revenues (RMB M) ($M), quarterly Q4 2020–Q2 2026 [Data set]. Compiled from NetEase SEC filings and investor materials. https://stockdatahq.com/stocks/ntes/kpis/dao-devices-cost

See every metric in the NetEase KPI table. Data updated Nov 2, 2026.