NetEase, Inc.
NTESNasdaqServices-Prepackaged SoftwareAlso trades as NETTF
$115.49+1.85 (+1.63%)
Close on Nov 2, 2026Market cap $73.73BP/E 14.7Yield –
NetEase Learning services — Cost of revenues (RMB M) by Year
Learning services — Cost of revenues (RMB M) ($M)
NetEase Learning services — Cost of revenues (RMB M): $1,046M in 2025, down 1.3% from a year earlier.
Latest, 2025
1,046
Period ended Dec 31, 2025
Change on a year earlier
-1.3%
1,060 in 2024
History
6 years
Since 2020
Sources
5
Documents cited below
Where the 2025 figure comes from
“|| Learning services | 247,059 | 266,841 | 272,528 | 38,971 | 1,060,177 | 1,046,214”
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Learning services — Cost of revenues (RMB M) ($M) | Year on year | Source |
|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 1,046 | -1.3% | Youdao (DAO) Form 6-K (Q4 2025 Earnings Release) ↗ |
| 2024 | Dec 31, 2024 | 1,060 | -8.6% | Youdao (DAO) Form 6-K (Q4 2025 Earnings Release) ↗ |
| 2023 | Dec 31, 2023 | 1,159 | -1.1% | Youdao (DAO) Form 6-K (Q4 2024 Earnings Release) ↗ |
| 2022 | Dec 31, 2022 | 1,173 | +19.6% | Youdao (DAO) Form 6-K (Q4 2023 Earnings Release) ↗ |
| 2021 | Dec 31, 2021 | 981 | +36.9% | Youdao (DAO) Form 6-K (Q4 2022 Earnings Release) ↗ |
| 2020 | Dec 31, 2020 | 717 | – | Youdao (DAO) Form 6-K (Q4 2021 Earnings Release) ↗ |
Cite this data
StockData. (2026). NetEase Learning services — Cost of revenues (RMB M) ($M), annual 2020–2025 [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.