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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 Innovative businesses and others by Year

Innovative businesses and others — Cost of revenues (RMB M) ($M)

NetEase Innovative businesses and others: $4,031M in 2025, down 22.5% from a year earlier.

Latest, 2025
4,031
Period ended Dec 31, 2025
Change on a year earlier
-22.5%
5,200 in 2024
History
10 years
Since 2016
Sources
7
Documents cited below

Where the 2025 figure comes from

“|| Innovative businesses and others | (1,420,912 | ) | (819,940 | ) | (1,237,118 | ) | (176,906 | ) | (5,199,467 | ) | (4,031,029 | ) | (576,429 | )”

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

PeriodEndedInnovative businesses and others — Cost of revenues (RMB M) ($M)Year on yearSource
2025Dec 31, 20254,031-22.5%NTES Form 6-K (Q4 2025 Earnings Release) ↗
2024Dec 31, 20245,200-14.5%NTES Form 6-K (Q4 2025 Earnings Release) ↗
2023Dec 31, 20236,080+4.5%NTES Form 6-K (Q4 2024 Earnings Release) ↗
2022Dec 31, 20225,815+9.2%NTES Form 6-K (Q4 2023 Earnings Release) ↗
2021Dec 31, 20215,325-30.2%NTES Form 6-K (Q4 2022 Earnings Release) ↗
2020Dec 31, 20207,632+19.2%NTES Form 6-K (Q4 2021 Earnings Release) ↗
2019Dec 31, 20196,402+15.2%NetEase (NTES) 20-F, filed 2022-04-28 (financial database) ↗
2018Dec 31, 20185,557+60.9%NetEase (NTES) 20-F, filed 2019-04-26 (financial database) ↗
2017Dec 31, 20173,453+91.4%NetEase (NTES) 20-F, filed 2019-04-26 (financial database) ↗
2016Dec 31, 20161,804–NetEase (NTES) 20-F, filed 2019-04-26 (financial database) ↗

Cite this data

StockData. (2026). NetEase Innovative businesses and others ($M), annual 2016–2025 [Data set]. Compiled from NetEase SEC filings and investor materials. https://stockdatahq.com/stocks/ntes/kpis/seg-innovative-cost

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