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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 NetEase Cloud Music — Net revenues (RMB M) by Year

NetEase Cloud Music — Net revenues (RMB M) ($M)

NetEase NetEase Cloud Music — Net revenues (RMB M): $7,759M in 2025, down 2.4% from a year earlier.

Latest, 2025
7,759
Period ended Dec 31, 2025
Change on a year earlier
-2.4%
7,950 in 2024
History
7 years
Since 2019
Sources
6
Documents cited below

Where the 2025 figure comes from

“|| NetEase Cloud Music | 1,880,490 | 1,964,063 | 1,968,270 | 281,459 | 7,950,146 | 7,759,450 | 1,109,587”

Source: NTES Form 6-K (Q4 2025 Earnings Release) ↗

Annual history

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

PeriodEndedNetEase Cloud Music — Net revenues (RMB M) ($M)Year on yearSource
2025Dec 31, 20257,759-2.4%NTES Form 6-K (Q4 2025 Earnings Release) ↗
2024Dec 31, 20247,950+1.1%NTES Form 6-K (Q4 2025 Earnings Release) ↗
2023Dec 31, 20237,867-12.5%NTES Form 6-K (Q4 2024 Earnings Release) ↗
2022Dec 31, 20228,992+28.5%NTES Form 6-K (Q4 2023 Earnings Release) ↗
2021Dec 31, 20216,998+42.9%NTES Form 6-K (Q4 2022 Earnings Release) ↗
2020Dec 31, 20204,896+111.2%NTES Form 6-K (Q4 2021 Earnings Release) ↗
2019Dec 31, 20192,318–NetEase (NTES) 20-F, filed 2022-04-28 (financial database) ↗

Cite this data

StockData. (2026). NetEase NetEase Cloud Music — Net revenues (RMB M) ($M), annual 2019–2025 [Data set]. Compiled from NetEase SEC filings and investor materials. https://stockdatahq.com/stocks/ntes/kpis/seg-cloud-music-rev

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