NetEase, Inc.
Close on Nov 2, 2026Market cap $73.73BP/E 14.7Yield –
NetEase Online games share of Games & VAS net revenues by Year
Online games share of Games & VAS net revenues (%)
NetEase Online games share of Games & VAS net revenues: 97.3% in 2025, up 1.1 pts from a year earlier.
Where the 2025 figure comes from
“Our online games generated 92.9%, 96.2% and 97.3% of total net revenues for our games and related value-added services segment in 2023, 2024 and 2025, respectively.”
Source: NTES Form 20-F (FY2025) ↗
Reported in NTES Form 6-K & Form 20-F Item 3.D.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Online games share of Games & VAS net revenues (%) | Year on year | Source |
|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 97.3% | +1.1 pts | NTES Form 20-F (FY2025) ↗ |
| 2024 | Dec 31, 2024 | 96.2% | +3.3 pts | NTES Form 20-F (FY2025) ↗ |
| 2023 | Dec 31, 2023 | 92.9% | +0.4 pts | NTES Form 20-F (FY2025) ↗ |
| 2022 | Dec 31, 2022 | 92.5% | -0.1 pts | NTES Form 20-F (FY2023) ↗ |
| 2021 | Dec 31, 2021 | 92.6% | – | NTES Form 20-F (FY2023) ↗ |
Breakdown
What makes up online games share of Games & VAS net revenues
Cite this data
StockData. (2026). NetEase Online games share of Games & VAS net revenues (%), annual 2021–2025 [Data set]. Compiled from NetEase SEC filings and investor materials. https://stockdatahq.com/stocks/ntes/kpis/ntes-online-games-pct-segment
See every metric in the NetEase KPI table. Data updated Nov 2, 2026.