# NetEase, Inc.: overview NTES · Nasdaq · CIK 1110646 · [Technology](/sectors/technology.md) Pages: [Overview](/companies/ntes.md) · [Financials](/companies/ntes/financials.md) · [Filings](/companies/ntes/filings.md) · [Insiders](/companies/ntes/insiders.md) Revenue is not reported in this company’s XBRL financial statements. ## Last eight quarters Not reported. ## Last five fiscal years | Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) | | --- | --- | ---: | ---: | ---: | ---: | ---: | | Revenue | $bn | [13.7](/filings/0001104659-22-052206.md) | [14.0](/filings/0001104659-23-050589.md) | [14.6](/filings/0001104659-24-051449.md) | [14.4](/filings/0001410578-25-000728.md) | [16.1](/filings/0001104659-26-043468.md) | | Gross margin | % | [53.6%](/filings/0001104659-22-052206.md) | [54.7%](/filings/0001104659-23-050589.md) | [60.9%](/filings/0001104659-24-051449.md) | [62.5%](/filings/0001410578-25-000728.md) | [64.3%](/filings/0001104659-26-043468.md) | | Operating margin | % | [18.7%](/filings/0001104659-22-052206.md) | [20.3%](/filings/0001104659-23-050589.md) | [26.8%](/filings/0001104659-24-051449.md) | [28.1%](/filings/0001410578-25-000728.md) | [31.8%](/filings/0001104659-26-043468.md) | | Net margin | % | [19.4%](/filings/0001104659-22-052206.md) | [20.6%](/filings/0001104659-23-050589.md) | [28.4%](/filings/0001104659-24-051449.md) | [28.7%](/filings/0001410578-25-000728.md) | [30.9%](/filings/0001104659-26-043468.md) | | Diluted EPS | $ per share | [0.79](/filings/0001104659-22-052206.md) | [0.89](/filings/0001104659-23-050589.md) | [1.27](/filings/0001104659-24-051449.md) | [1.26](/filings/0001410578-25-000728.md) | [1.50](/filings/0001104659-26-043468.md) | | Free cash flow | $bn | [3.7](/filings/0001104659-22-052206.md) | [3.7](/filings/0001104659-23-050589.md) | [4.7](/filings/0001104659-24-051449.md) | [5.3](/filings/0001410578-25-000728.md) | [7.1](/filings/0001104659-26-043468.md) | - Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing. ## Insider purchases and sales The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/ntes/insiders.md) None in coverage. ## Funds that report holding it From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md) | Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before | | --- | --- | ---: | ---: | --- | --- | | [UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC](/funds/861177.md) | 2026-06-30 | $1.03bn | 8,040,080 | | Reduced −35,876 | | [Ninety One UK Ltd](/funds/1418329.md) | 2026-06-30 | $800.4m | 6,246,584 | | Reduced −39,632 | | [Orbis Allan Gray Ltd](/funds/1663865.md) | 2026-06-30 | $448.9m | 3,503,491 | | Reduced −80,987 | | [FMR LLC](/funds/315066.md) | 2026-06-30 | $322.5m | 2,516,761 | | Added +399,738 | | [Harding Loevner LP](/funds/928196.md) | 2026-06-30 | $291.4m | 2,258,205 | | Reduced −65,563 | | [Dodge & Cox](/funds/200217.md) | 2026-06-30 | $277.1m | 2,162,476 | | Added +5,500 | | [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $262.3m | 2,047,007 | | Added +25,633 | | [MASSACHUSETTS FINANCIAL SERVICES CO /MA/](/funds/912938.md) | 2026-06-30 | $222.0m | 1,572,437 | | Added +195,789 | | [GQG Partners LLC](/funds/1697233.md) | 2026-06-30 | $157.2m | 1,226,473 | | New +1,226,473 | | [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $148.8m | 1,161,038 | | Added +158,059 | ## Recent filings [All 337 filings](/companies/ntes/filings.md) | Filed | Accepted | Form | What it is | Accession | | --- | --- | --- | --- | --- | | 2026-10-07 | 10:03 ET | [6-K](/filings/0001104659-26-114177.md) | Report of a foreign private issuer, period 2026-10-07 | 0001104659-26-114177 | | 2026-09-30 | 10:06 ET | [6-K](/filings/0001104659-26-112089.md) | Report of a foreign private issuer, period 2026-09-30 | 0001104659-26-112089 | | 2026-09-24 | 11:04 ET | [6-K](/filings/0001104659-26-110155.md) | Report of a foreign private issuer, period 2026-09-24 | 0001104659-26-110155 | | 2026-09-04 | 11:30 ET | [6-K](/filings/0001104659-26-105237.md) | Report of a foreign private issuer, period 2026-09-04 | 0001104659-26-105237 | | 2026-08-28 | 12:57 ET | [6-K](/filings/0001104659-26-102820.md) | Report of a foreign private issuer, period 2026-08-28 | 0001104659-26-102820 | | 2026-08-20 | 10:12 ET | [6-K](/filings/0001104659-26-098940.md) | Report of a foreign private issuer, period 2026-08-20 | 0001104659-26-098940 | | 2026-08-11 | 11:54 ET | [6-K](/filings/0001104659-26-093766.md) | Report of a foreign private issuer, period 2026-08-11 | 0001104659-26-093766 | | 2026-08-06 | 12:12 ET | [6-K](/filings/0001104659-26-091678.md) | Report of a foreign private issuer, period 2026-08-06 | 0001104659-26-091678 | | 2026-08-06 | 10:58 ET | [6-K](/filings/0001104659-26-091606.md) | Report of a foreign private issuer, period 2026-08-06 | 0001104659-26-091606 | | 2026-07-15 | 10:05 ET | [6-K](/filings/0001104659-26-083679.md) | Report of a foreign private issuer, period 2026-07-15 | 0001104659-26-083679 | ## Latest annual report [Form 20-F for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-043468.md), filed Apr 15, 2026. ## Forecast league Not in this season’s league. [This season’s league](/leagues.md) ## About the filer - CIK: 1110646 - Tickers: NTES, NETTF - Exchange: Nasdaq - SIC code: 7372 Services-Prepackaged Software - State of incorporation: E9 - Filer category: Large accelerated filer Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:33 ET. No prices; not investment advice.