StockData
NetEase, Inc. logo

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 Learning services — Cost of revenues (RMB M) by Quarter

Learning services — Cost of revenues (RMB M) ($M)

QuarterlyAnnual

NetEase Learning services — Cost of revenues (RMB M): $275M in Q2 2026, up 3.8% from a year earlier.

Latest, Q2 2026
275
Period ended Jun 30, 2026
Change on a year earlier
+3.8%
265 in Q2 2025
History
23 quarters
Since Q4 2020
Sources
19
Documents cited below

Where the Q2 2026 figure comes from

“|| Learning services | 264,734 | 250,027 | 274,806 | 40,501 | 506,845 | 524,833”

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

PeriodEndedLearning services — Cost of revenues (RMB M) ($M)Year on yearSource
Q2 2026Jun 30, 2026275+3.8%Youdao (DAO) Form 6-K (Q2 2026 Earnings Release) ↗
Q1 2026Mar 31, 2026250+3.3%Youdao (DAO) Form 6-K (Q2 2026 Earnings Release) ↗
Q4 2025Dec 31, 2025273+10.3%Youdao (DAO) Form 6-K (Q1 2026 Earnings Release) ↗
Q3 2025Sep 30, 2025267-8.3%Youdao (DAO) Form 6-K (Q4 2025 Earnings Release) ↗
Q2 2025Jun 30, 2025265+2.8%Youdao (DAO) Form 6-K (Q2 2026 Earnings Release) ↗
Q1 2025Mar 31, 2025242-8.6%Youdao (DAO) Form 6-K (Q1 2026 Earnings Release) ↗
Q4 2024Dec 31, 2024247-13.4%Youdao (DAO) Form 6-K (Q4 2025 Earnings Release) ↗
Q3 2024Sep 30, 2024291-4.8%Youdao (DAO) Form 6-K (Q3 2025 Earnings Release) ↗
Q2 2024Jun 30, 2024258-11.3%Youdao (DAO) Form 6-K (Q2 2025 Earnings Release) ↗
Q1 2024Mar 31, 2024265-4.8%Youdao (DAO) Form 6-K (Q1 2025 Earnings Release) ↗
Q4 2023Dec 31, 2023285-1.5%Youdao (DAO) Form 6-K (Q4 2024 Earnings Release) ↗
Q3 2023Sep 30, 2023306-3.0%Youdao (DAO) Form 6-K (Q3 2024 Earnings Release) ↗
Q2 2023Jun 30, 2023290+7.7%Youdao (DAO) Form 6-K (Q2 2024 Earnings Release) ↗
Q1 2023Mar 31, 2023278-6.8%Youdao (DAO) Form 6-K (Q1 2024 Earnings Release) ↗
Q4 2022Dec 31, 2022290+3.0%Youdao (DAO) Form 6-K (Q4 2023 Earnings Release) ↗
Q3 2022Sep 30, 2022315+39.1%Youdao (DAO) Form 6-K (Q3 2023 Earnings Release) ↗

Cite this data

StockData. (2026). NetEase Learning services — 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-learning-cost

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