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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 Licensed games share of total net revenues by Year

Licensed games share of total net revenues (%)

NetEase Licensed games share of total net revenues: 9.5% in 2025, up 2.1 pts from a year earlier.

Latest, 2025
9.5%
Period ended Dec 31, 2025
Change on a year earlier
+2.1 pts
7.4% in 2024
History
5 years
Since 2021
Sources
2
Documents cited below

Where the 2025 figure comes from

“In 2023, 2024 and 2025, total net revenues generated by all licensed games accounted for 4.6%, 7.4% and 9.5% of our total net revenues (or RMB4.7 billion, RMB7.8 billion and RMB10.8 billion (US$1.5 billion)), respectively.”

Source: NTES Form 20-F (FY2025) ↗

Reported in NTES Form 20-F Item 4.B & 5.A.

Annual history

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

PeriodEndedLicensed games share of total net revenues (%)Year on yearSource
2025Dec 31, 20259.5%+2.1 ptsNTES Form 20-F (FY2025) ↗
2024Dec 31, 20247.4%+2.8 ptsNTES Form 20-F (FY2025) ↗
2023Dec 31, 20234.6%-4.9 ptsNTES Form 20-F (FY2025) ↗
2022Dec 31, 20229.5%0.0 ptsNTES Form 20-F (FY2023) ↗
2021Dec 31, 20219.5%–NTES Form 20-F (FY2023) ↗

Cite this data

StockData. (2026). NetEase Licensed games share of total net revenues (%), annual 2021–2025 [Data set]. Compiled from NetEase SEC filings and investor materials. https://stockdatahq.com/stocks/ntes/kpis/ntes-licensed-games-pct-total

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