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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 net revenues (annual, RMB M) by Year

Licensed games net revenues (annual, RMB M) ($M)

NetEase Licensed games net revenues (annual, RMB M): $10,800M in 2025, up 38.5% from a year earlier.

Latest, 2025
10,800
Period ended Dec 31, 2025
Change on a year earlier
+38.5%
7,800 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 net revenues (annual, RMB M) ($M)Year on yearSource
2025Dec 31, 202510,800+38.5%NTES Form 20-F (FY2025) ↗
2024Dec 31, 20247,800+66.0%NTES Form 20-F (FY2025) ↗
2023Dec 31, 20234,700-48.9%NTES Form 20-F (FY2025) ↗
2022Dec 31, 20229,200+9.5%NTES Form 20-F (FY2023) ↗
2021Dec 31, 20218,400–NTES Form 20-F (FY2023) ↗

Breakdown

What makes up licensed games net revenues (annual, RMB M)

Cite this data

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

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