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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 Total Cost of Revenues across 4 Reportable Segments by Quarter

Total Cost of Revenues across 4 Reportable Segments (RMB M) ($M)

NetEase Total Cost of Revenues across 4 Reportable Segments: $8,889M in Q2 2026, down 9.7% from a year earlier. That is the lowest of the 23 quarters on record here.

Latest, Q2 2026
8,889
Period ended Jun 30, 2026
Change on a year earlier
-9.7%
9,839 in Q2 2025
History
23 quarters
Since Q4 2020
Sources
19
Documents cited below

Where the Q2 2026 figure comes from

“|| Total cost of revenues | (9,839,182 | ) | (9,374,209 | ) | (8,889,221 | ) | (1,310,109 | ) | (20,188,321 | ) | (18,263,430 | ) | (2,691,697 | )”

Source: NTES Form 6-K (Q2 2026 Earnings Release) ↗

Reported in NTES Form 6-K Unaudited Segment Information & Form 20-F.

Quarterly history

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

PeriodEndedTotal Cost of Revenues across 4 Reportable Segments (RMB M) ($M)Year on yearSource
Q2 2026Jun 30, 20268,889-9.7%NTES Form 6-K (Q2 2026 Earnings Release) ↗
Q1 2026Mar 31, 20269,374-9.4%NTES Form 6-K (Q2 2026 Earnings Release) ↗
Q4 2025Dec 31, 20259,855-5.9%NTES Form 6-K (Q1 2026 Earnings Release) ↗
Q3 2025Sep 30, 202510,181+4.6%NTES Form 6-K (Q4 2025 Earnings Release) ↗
Q2 2025Jun 30, 20259,839+4.2%NTES Form 6-K (Q2 2026 Earnings Release) ↗
Q1 2025Mar 31, 202510,349+5.2%NTES Form 6-K (Q1 2026 Earnings Release) ↗
Q4 2024Dec 31, 202410,476+1.6%NTES Form 6-K (Q4 2025 Earnings Release) ↗
Q3 2024Sep 30, 20249,733-5.5%NTES Form 6-K (Q3 2025 Earnings Release) ↗
Q2 2024Jun 30, 20249,444-2.0%NTES Form 6-K (Q2 2025 Earnings Release) ↗
Q1 2024Mar 31, 20249,836-3.1%NTES Form 6-K (Q1 2025 Earnings Release) ↗
Q4 2023Dec 31, 202310,315-14.8%NTES Form 6-K (Q4 2024 Earnings Release) ↗
Q3 2023Sep 30, 202310,304-3.5%NTES Form 6-K (Q3 2024 Earnings Release) ↗
Q2 2023Jun 30, 20239,636-5.7%NTES Form 6-K (Q2 2024 Earnings Release) ↗
Q1 2023Mar 31, 202310,150-5.3%NTES Form 6-K (Q1 2024 Earnings Release) ↗
Q4 2022Dec 31, 202212,110+5.7%NTES Form 6-K (Q4 2023 Earnings Release) ↗
Q3 2022Sep 30, 202210,683+2.9%NTES Form 6-K (Q3 2023 Earnings Release) ↗

Breakdown

What makes up total Cost of Revenues across 4 Reportable Segments

Cite this data

StockData. (2026). NetEase Total Cost of Revenues across 4 Reportable Segments ($M), quarterly Q4 2020–Q2 2026 [Data set]. Compiled from NetEase SEC filings and investor materials. https://stockdatahq.com/stocks/ntes/kpis/seg-total-cost

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