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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 Youdao — Cost of revenues (RMB M) by Quarter

Youdao — Cost of revenues (RMB M) ($M)

QuarterlyAnnual

NetEase Youdao — Cost of revenues (RMB M): $750M in Q2 2026, down 7.2% from a year earlier.

Latest, Q2 2026
750
Period ended Jun 30, 2026
Change on a year earlier
-7.2%
808 in Q2 2025
History
23 quarters
Since Q4 2020
Sources
19
Documents cited below

Where the Q2 2026 figure comes from

“|| Youdao | (808,181 | ) | (745,729 | ) | (749,986 | ) | (110,534 | ) | (1,492,216 | ) | (1,495,715 | ) | (220,441 | )”

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

Quarterly history

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

PeriodEndedYoudao — Cost of revenues (RMB M) ($M)Year on yearSource
Q2 2026Jun 30, 2026750-7.2%NTES Form 6-K (Q2 2026 Earnings Release) ↗
Q1 2026Mar 31, 2026746+9.0%NTES Form 6-K (Q2 2026 Earnings Release) ↗
Q4 2025Dec 31, 2025859+22.9%NTES Form 6-K (Q1 2026 Earnings Release) ↗
Q3 2025Sep 30, 2025941+20.1%NTES Form 6-K (Q4 2025 Earnings Release) ↗
Q2 2025Jun 30, 2025808+18.0%NTES Form 6-K (Q2 2026 Earnings Release) ↗
Q1 2025Mar 31, 2025684-3.7%NTES Form 6-K (Q1 2026 Earnings Release) ↗
Q4 2024Dec 31, 2024699-5.8%NTES Form 6-K (Q4 2025 Earnings Release) ↗
Q3 2024Sep 30, 2024783+15.3%NTES Form 6-K (Q3 2025 Earnings Release) ↗
Q2 2024Jun 30, 2024685+7.1%NTES Form 6-K (Q2 2025 Earnings Release) ↗
Q1 2024Mar 31, 2024710+26.5%NTES Form 6-K (Q1 2025 Earnings Release) ↗
Q4 2023Dec 31, 2023742+9.2%NTES Form 6-K (Q4 2024 Earnings Release) ↗
Q3 2023Sep 30, 2023679+5.7%NTES Form 6-K (Q3 2024 Earnings Release) ↗
Q2 2023Jun 30, 2023640+17.0%NTES Form 6-K (Q2 2024 Earnings Release) ↗
Q1 2023Mar 31, 2023561-0.2%NTES Form 6-K (Q1 2024 Earnings Release) ↗
Q4 2022Dec 31, 2022679+3.3%NTES Form 6-K (Q4 2023 Earnings Release) ↗
Q3 2022Sep 30, 2022642+6.7%NTES Form 6-K (Q3 2023 Earnings Release) ↗

Cite this data

StockData. (2026). NetEase Youdao — Cost of revenues (RMB M) ($M), quarterly Q4 2020–Q2 2026 [Data set]. Compiled from NetEase SEC filings and investor materials. https://stockdatahq.com/stocks/ntes/kpis/seg-youdao-cost

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