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 Contract liabilities by Year

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

QuarterlyAnnual

NetEase Contract liabilities: $20,515M in 2025, up 34.1% from a year earlier. That is the highest of the 17 years on record here.

Latest, 2025
20,515
Period ended Dec 31, 2025
Change on a year earlier
+34.1%
15,299 in 2024
History
17 years
Since 2009
Sources
15
Documents cited below

Where the 2025 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.

Annual 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
2025Dec 31, 202520,515+34.1%NTES Form 6-K (Q2 2026 Earnings Release) ↗
2024Dec 31, 202415,299+14.5%NTES Form 6-K (Q4 2025 Earnings Release) ↗
2023Dec 31, 202313,362+6.7%NTES Form 6-K (Q4 2024 Earnings Release) ↗
2022Dec 31, 202212,519+3.2%NTES Form 6-K (Q4 2023 Earnings Release) ↗
2021Dec 31, 202112,133+16.7%NTES Form 6-K (Q4 2022 Earnings Release) ↗
2020Dec 31, 202010,399+20.9%NetEase (NTES) 20-F, filed 2022-04-28 (financial database) ↗
2019Dec 31, 20198,602+11.4%NetEase (NTES) 20-F, filed 2020-04-29 (financial database) ↗
2018Dec 31, 20187,719+23.7%NetEase (NTES) 20-F, filed 2020-04-29 (financial database) ↗
2017Dec 31, 20176,238-17.2%NetEase (NTES) 20-F, filed 2018-04-20 (financial database) ↗
2016Dec 31, 20167,531+61.9%NetEase (NTES) 20-F, filed 2017-04-21 (financial database) ↗
2015Dec 31, 20154,652+136.4%NetEase (NTES) 20-F, filed 2016-04-22 (financial database) ↗
2014Dec 31, 20141,968+32.9%NetEase (NTES) 20-F, filed 2015-04-24 (financial database) ↗
2013Dec 31, 20131,481+27.7%NetEase (NTES) 20-F, filed 2014-04-24 (financial database) ↗
2012Dec 31, 20121,160+14.4%NetEase (NTES) 20-F, filed 2013-04-22 (financial database) ↗
2011Dec 31, 20111,014+31.0%NetEase (NTES) 20-F, filed 2012-04-26 (financial database) ↗
2010Dec 31, 2010774+32.6%NetEase (NTES) 20-F, filed 2011-06-22 (financial database) ↗

Breakdown

What makes up contract liabilities

Cite this data

StockData. (2026). NetEase Contract liabilities ($M), annual 2009–2025 [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.