Skip to main content
    N

    NetEase Inc (NTES)

    Official site

    COMMUNICATION SERVICES • ELECTRONIC GAMING & MULTIMEDIA • NASDAQ

    $129.45
    +2.89 (+2.28%)

    Market Cap: $77.64B

    Last updated: Nov 06, 2026 at 4:42 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    69%(27/39)
    Avg Surprise
    +14.62%

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$16.13
    Range$14.34 - $17.82
    11 analysts
    EPS RevisionsNo revisions (7d)
    2
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$15.64+3.2%
    60d ago$16.15-0.1%
    30d ago$16.16-0.2%
    7d ago$16.16-0.2%
    Current$16.13
    Revenue Consensus
    $30.3B
    Range$28.7B - $31.2B
    16 analysts
    Period ending Dec 31, 2026
    EPS Consensus$14.38
    Range$10.30 - $17.57
    22 analysts
    Revenue Consensus
    $31.2B
    Range$23.4B - $35.5B
    35 analysts
    Last 12 of 39 reported quarters and 2 upcoming estimates
    PeriodReportedEst.RangeSurpriseB/MAnalystsRevisionsYoY
    Dec 26EST
    		-$14.38$10.30 - $17.57--22--
    Sep 26EST
    		-$16.13$14.34 - $17.82--11
    2
    1
    30d
    		-
    Jun 26
    Reported Aug 20
    		$1.60$2.20--27.27%Miss12
    0
    1
    30d
    		-89.2%
    Mar 26
    Reported May 21
    		$17.46$15.39$13.75 - $16.37+13.45%Beat12
    0
    1
    30d
    		+690.0%
    Dec 25
    Reported Feb 11
    		$10.95$14.12$12.68 - $15.43-22.45%Miss12
    0
    2
    30d
    		-27.4%
    Sep 25
    Reported Nov 20
    		$14.73$14.81$14.19 - $15.90-0.54%Miss8
    2
    1
    30d
    		+26.7%
    Jun 25
    Reported Aug 14
    		$14.81$15.02$14.22 - $17.40-1.40%Miss10
    1
    2
    30d
    		+22.9%
    Mar 25
    Reported May 15
    		$2.21$1.79-+23.46%Beat8
    No revisions (30d)
    		-83.1%
    Dec 24
    Reported Mar 6
    		$15.09$12.56$11.70 - $13.43+20.14%Beat13
    2
    1
    30d
    		+33.1%
    Sep 24
    Reported Nov 14
    		$11.63$12.36$10.80 - $13.98-5.91%Miss13
    0
    3
    30d
    		-12.6%
    Jun 24
    Reported Aug 22
    		$12.05$12.09$11.97 - $12.26-0.33%Miss12
    2
    0
    30d
    		-13.2%
    Mar 24
    Reported May 23
    		$13.10$12.44$12.25 - $12.61+5.31%Beat11
    0
    1
    30d
    		+12.7%
    Dec 23
    Reported Feb 29
    		$11.34$12.08$11.90 - $12.37-6.13%Miss12
    1
    1
    30d
    		+14.3%
    Sep 23
    Reported Nov 16
    		$13.30$10.67$10.45 - $10.92+24.65%Beat12
    2
    1
    30d
    		+17.3%

    Dividends

    Last ex-dividend: Sep 3, 2026

    Dividend Metrics

    Forward Yield1.48%
    Forward Annual Dividend$1.92
    Payout Ratio40.38%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+26.07%
    5Y CAGR+26.74%
    NTES dividend history and ex-dividend datesRun NTES in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio2.89EV/EBITDA12.42x
    Price/FCF11.63xFCF Yield8.60%
    Profitability
    Profit Margin27.90%Operating Margin40.20%
    ROE20.40%ROIC19.12%
    Financial Health
    Debt/Equity0.08xInterest CoverageN/A
    Current Ratio3.45xQuick Ratio3.44x
    Trading Statistics
    Beta0.81Avg Volume747.11K
    52-Week High$146.1852-Week Low$105.01

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$117.96
    SMA 20$120.86
    SMA 50$119.63
    SMA 200$119.97
    EMA 10$120.94
    EMA 20$120.26
    EMA 50$120.67
    EMA 200$122.21

    MACD

    Line: 0.37Signal: -0.68Hist: 1.04

    ADX

    ADX: 19.5+DI: 45.8-DI: 25.0

    Aroon & PSAR

    Aroon Up100.0
    Aroon Down76.0
    PSAR$111.20

    Bollinger Bands

    Upper Band$131.82
    Lower Band$109.90
    %B Position1814%(Upper)
    Band Width0.89

    RSI (14-Day)

    Neutral
    66.3

    Momentum Oscillators

    Stoch %K82.3
    Stoch %D62.7
    Williams %R-5.3
    ROC (10d)9.1%
    Momentum10.84
    CCI (20d)109.6
    MFI (14d)65.1

    Volatility Measures

    ATR (14d)$3.23(2.5%)
    StdDev (20d)5.48
    Hist Vol34.1%(Moderate)

    Volume Flow

    VWAP$128.85
    OBV714.3K
    AD Line-503.9M
    CMF (20d)0.262

    Volume Metrics

    Avg Vol (20d)756.5K
    Vol Ratio1.0x
    VWMA (20d)$120.02

    Pivot Points

    R3$132.64
    R2$130.74
    R1$128.65
    Pivot Point$126.76
    S1$124.67
    S2$122.77
    S3$120.68

    Advanced Oscillators

    TSI2.49
    Ultimate Osc67.5
    KST-12.17

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$30.02B$30.59B$27.55B$28.36B$27.89B$28.83B$26.75B$26.21B$25.49B$26.85B$27.14B$27.27B
    Cost of Revenue$8.86B$9.37B$9.85B$10.18B$9.84B$10.35B$10.48B$9.73B$9.44B$9.84B$10.32B$10.30B
    Gross Profit$21.16B$21.22B$17.69B$18.18B$18.05B$18.48B$16.27B$16.48B$16.04B$17.02B$16.83B$16.97B
    Operating Expenses$9.10B$8.56B$9.37B$10.16B$8.99B$8.04B$8.45B$9.33B$9.05B$9.39B$9.96B$9.41B
    R&D$4.63B$4.48B$4.43B$4.54B$4.36B$4.39B$4.47B$4.42B$4.46B$4.17B$4.48B$4.35B
    SG&A$805.27M$636.60M$1.05B$1.16B$1.06B$956.34M$1.16B$1.10B$1.09B$1.20B$1.25B$1.49B
    Operating Income$12.06B$12.66B$8.32B$8.01B$9.06B$10.44B$7.82B$7.15B$6.99B$7.62B$6.87B$7.56B
    Interest Income$863.20M$890.27M$1.00B$936.71M$953.49M$1.06B$1.17B$1.28B$1.19B$1.28B$1.26B$1.15B
    Interest Expense$2.46B$0$698.78M$0$0$0$0$0$0$0$0$0
    Income Before Tax$9.60B$13.37B$7.62B$10.11B$10.65B$12.45B$10.30B$8.00B$8.13B$9.29B$7.74B$9.10B
    Income Tax Expense$2.45B$2.52B$1.25B$1.32B$1.56B$1.91B$1.39B$1.29B$1.30B$1.49B$1.07B$1.29B
    Net Income$6.96B$10.67B$6.24B$8.62B$8.60B$10.30B$8.77B$6.54B$6.76B$7.63B$6.58B$7.84B
    EBITDA$12.49B$13.80B$8.34B$10.73B$11.08B$12.93B$8.52B$8.52B$8.76B$9.86B$7.53B$9.75B
    EBIT$12.06B$13.37B$7.62B$10.11B$10.65B$12.45B$7.82B$8.00B$8.13B$9.29B$6.87B$9.10B
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    The Vault Keeps Getting Heavier: NetEase at the Strong Buy Line

    Structural disconnect - NTES trades ~14% below its 200-day MA at ~$115 while cash generation, buybacks and a rising dividend suggest the slide is market-driven, not a broken business. Operating engine intact - FY25 games revenue 92.1B RMB (~$12.9B)...

    Glenn Ford
    •
    4/24/26
    •
    144
    China Stocks, Gaming, Quality Compounder
    Also mentions:
    EABIDUTTWO

    News

    Issued or treasury shares are the focus of NetEase (NTES)'s November 3 disclosure.

    NetEase, Inc. submitted a next day disclosure return to The Stock Exchange of Hong Kong Limited dated November 3, 2026, detailing movements in its authorized issued shares or treasury shares. The report...

    Stock Titan•11/6/26•Neutral

    U.S. Stock Market Update | Popular Chinese ADRs Rise in Pre-Market Trading; NetEase (NTES.US) Up 5%

    Popular Chinese ADRs are showing strength in pre-market trading, with NetEase (NTES.US) leading the gains, up 5%. This indicates positive investor sentiment towards these particular Chinese American Depositary Receipts...

    Moomoo•11/5/26•Bullish

    NetEase (NTES) submits monthly share report dated November 5, 2026.

    NetEase, Inc. submitted a monthly return to The Stock Exchange of Hong Kong Limited on November 5, 2026, detailing movements in its authorized share capital and issued shares during October 2026. The report includes...

    Stock Titan•11/5/26•Neutral

    NetEase to Report Third Quarter 2026 Financial Results on November 19

    NetEase, Inc. announced it will report its financial results for the 2026 third quarter on Thursday, November 19, 2026...

    The Manila Times•11/5/26•Neutral

    An 8 p.m. earnings call is scheduled at NetEase (NTES) on November 19, Beijing/Hong Kong time.

    NetEase, Inc. (NTES) announced that its board of directors will meet on November 19, 2026, to approve its unaudited third-quarter 2026 financial results. The company plans to release these results around 6:00 p.m....

    Stock Titan•11/5/26•Neutral

    NTES Valuation and Fair Value

    P/E
    2.9x
    Forward P/E
    11.3x
    EV/EBITDA
    12.4x
    P/FCF
    11.6x
    PEG
    1.2x
    P/B
    3.4x
    See GNG's fair value

    NTES Profitability: Margins, ROIC and FCF

    Gross margin
    67.2%
    Operating margin
    40.2%
    Net margin
    27.9%
    ROIC
    19.1%
    ROE
    20.4%
    FCF margin
    297.5%
    FCF yield
    8.6%

    NTES Competitors

    CompanyTicker
    Comcast CorpCMCSA
    Warner Bros Discovery IncWBD
    Applovin CorpAPP
    America Movil SAB de CV ADRAMX
    Spotify Technology SASPOT
    Electronic Arts IncEA
    AT&T Inc.T
    Live Nation Entertainment IncLYV

    Sector: Communication Services

    NTES Analyst Ratings

    Consensus
    Buy
    Analysts
    33
    Strong Buy
    7
    Buy
    25
    Hold
    1
    Sell
    0
    Strong Sell
    0

    NTES Bull Case vs Bear Case

    Bull case

    • NTES earns a 19.1% return on invested capital.
    • NTES converts 297.5% of revenue into free cash flow.
    • NTES has a 27.9% net profit margin.

    Bear case

    • NTES beat EPS estimates in 37.5% of its last 8 reported quarters.

    NTES Earnings: Beat Rate and Next Report

    Beat rate
    3 of 8 quarters (37.5%)
    Average surprise
    -0.1%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $16.13
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    2 up, 1 down

    NTES Dividend

    Forward yield
    1.5%
    Payout ratio
    40.4%
    3Y DPS growth
    26.1%
    5Y DPS growth
    26.7%
    Pay months
    Mar, Jun, Sep, Dec
    NTES dividend history

    NTES Earnings Date

    NTES reports Nov 19, 2026, before the open. The date is confirmed.

    NTES Earnings Call

    The latest NTES earnings call transcript on file is labeled 2026Q2.

    Read the 2026Q2 transcript

    NTES ETF Holders

    GNG tracks 1 ETF that holds NTES.

    1. Amplify CWP International Enhanced Dividend Income ETF (IDVO), 0.96% of the fund
    Open the ETF Stock Exposure tool for NTES

    Frequently Asked Questions About NTES

    When is NTES's next ex-dividend date?

    NTES has not declared its next regular ex-dividend date yet. Its last ex-dividend date was Sep 3, 2026 ($0.48 per share). Over the last 12 months, NTES went ex-dividend in Mar, Jun, Sep and Dec.

    When does NTES report earnings?

    NetEase Inc (NTES) is confirmed to report earnings on Nov 19, 2026.

    What is NTES's current dividend yield?

    NetEase Inc (NTES) has a forward dividend yield of 1.48%.

    Does NTES pay dividends?

    Yes, NetEase Inc pays dividends with a forward dividend yield of 1.48%.

    What is NTES's P/E ratio?

    NetEase Inc has a price-to-earnings (P/E) ratio of 2.89.

    Related stocks

    Sector: Communication Services

    All stocks starting with N

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In