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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 Contract liabilities by Quarter

Contract liabilities — deferred game & subscription revenue (ending, RMB M) ($M)

QuarterlyAnnual

NetEase Contract liabilities: $19,297M in Q2 2026, up 13.7% from a year earlier.

Latest, Q2 2026
19,297
Period ended Jun 30, 2026
Change on a year earlier
+13.7%
16,967 in Q2 2025
History
19 quarters
Since Q4 2021
Sources
18
Documents cited below

Where the Q2 2026 figure comes from

“|| Contract liabilities | 20,514,540 | 19,297,191 | 2,844,054”

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

Reported in NTES Form 6-K & Form 20-F Balance Sheet.

Quarterly history

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

PeriodEndedContract liabilities — deferred game & subscription revenue (ending, RMB M) ($M)Year on yearSource
Q2 2026Jun 30, 202619,297+13.7%NTES Form 6-K (Q2 2026 Earnings Release) ↗
Q1 2026Mar 31, 202621,812+22.9%NTES Form 6-K (Q1 2026 Earnings Release) ↗
Q4 2025Dec 31, 202520,515+34.1%NTES Form 6-K (Q2 2026 Earnings Release) ↗
Q3 2025Sep 30, 202519,474+25.3%NTES Form 6-K (Q3 2025 Earnings Release) ↗
Q2 2025Jun 30, 202516,967+24.6%NTES Form 6-K (Q2 2025 Earnings Release) ↗
Q1 2025Mar 31, 202517,749+19.0%NTES Form 6-K (Q1 2025 Earnings Release) ↗
Q4 2024Dec 31, 202415,299+14.5%NTES Form 6-K (Q4 2025 Earnings Release) ↗
Q3 2024Sep 30, 202415,543+9.5%NTES Form 6-K (Q3 2024 Earnings Release) ↗
Q2 2024Jun 30, 202413,616+5.2%NTES Form 6-K (Q2 2024 Earnings Release) ↗
Q1 2024Mar 31, 202414,911+14.7%NTES Form 6-K (Q1 2024 Earnings Release) ↗
Q4 2023Dec 31, 202313,362+6.7%NTES Form 6-K (Q4 2024 Earnings Release) ↗
Q3 2023Sep 30, 202314,189+2.1%NTES Form 6-K (Q3 2023 Earnings Release) ↗
Q2 2023Jun 30, 202312,944+5.1%NTES Form 6-K (Q2 2023 Earnings Release) ↗
Q1 2023Mar 31, 202312,998+7.9%NTES Form 6-K (Q1 2023 Earnings Release) ↗
Q4 2022Dec 31, 202212,519+3.2%NTES Form 6-K (Q4 2023 Earnings Release) ↗
Q3 2022Sep 30, 202213,902–NTES Form 6-K (Q3 2022 Earnings Release) ↗

Breakdown

What makes up contract liabilities

Cite this data

StockData. (2026). NetEase Contract liabilities ($M), quarterly Q4 2021–Q2 2026 [Data set]. Compiled from NetEase SEC filings and investor materials. https://stockdatahq.com/stocks/ntes/kpis/ntes-contract-liabilities

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