NetEase (NETTF) Capital Expenditures (2009 - 2026)

NetEase (NETTF) reported Capital Expenditures of -$45.1 million for Q1 2026, up 27.86% on a YoY basis from -$35.2 million in Q1 2025, and down 131.92% quarter-over-quarter from -$19.4 million in Q4 2025.

NetEase (NETTF) Capital Expenditures (2009 - 2026) Analysis & Trends

NetEase has reported Capital Expenditures for 18 years, with the latest figure at -$45.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Capital Expenditures rose 27.86% year-over-year to -$45.1 million; the trailing twelve-month figure through Mar 2026 stood at -$130.4 million (up 28.44% YoY), and the FY2025 full-year result was $152.3 million, down 12.81% from the prior year.
  • Capital Expenditures for Q1 2026 stood at -$45.1 million, down from -$19.4 million in the prior quarter.
  • The five-year high for Capital Expenditures was -$19.4 million in Q4 2025, with the low at -$118.1 million in Q1 2022.
  • Historically, Capital Expenditures has averaged -$59.6 million across 5 years, with a median of -$58.0 million in 2024.
  • Annual changes were most pronounced in 2022 — Capital Expenditures sank 132.1% — and 2024, when it jumped 68.61%.
  • NetEase's Capital Expenditures stood at -$49.0 million in 2022, then tumbled by 37.32% to -$67.4 million in 2023, then soared by 35.51% to -$43.4 million in 2024, then jumped by 55.26% to -$19.4 million in 2025, then sank by 131.92% to -$45.1 million in 2026.
  • The last three Capital Expenditures figures came in at -$45.1 million (Q1 2026), -$19.4 million (Q4 2025), and -$39.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Electronic Arts 50.63 Bn 47.77 Bn 1.76 Bn 61.00 Mn
2 Take Two Interactive Software 39.05 Bn 37.06 Bn 938.70 Mn 36.80 Mn
3 Roblox 30.61 Bn 27.39 Bn 1.15 Bn 33.00 Mn
4 Playtika Holding 1.16 Bn 382.18 Mn 384.10 Mn 8.90 Mn
5 Sohu.com 430.85 Mn -399.49 Mn 111.48 Mn -
6 Gdev 243.40 Mn 135.08 Mn 75.00 Mn -
7 Meridian Holdings 161.93 Mn 147.40 Mn 28.14 Mn -37,227.00
8 Skillz 141.06 Mn -18.87 Mn 25.51 Mn 12,000.00
9 Brag House Holdings 90.80 Mn 90.66 Mn - -
10 NetEase - - 3.06 Bn -45.07 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -45.07 Mn
Mar 31, 2026 -45.07 Mn
Dec 31, 2025 -19.43 Mn
Dec 31, 2025 -19.43 Mn
Sep 30, 2025 -39.63 Mn
Sep 30, 2025 -39.63 Mn
Jun 30, 2025 -26.25 Mn
Jun 30, 2025 -26.25 Mn
Mar 31, 2025 -62.46 Mn
Mar 31, 2025 -62.46 Mn
Dec 31, 2024 -43.43 Mn
Dec 31, 2024 -43.43 Mn
Sep 30, 2024 -52.95 Mn
Sep 30, 2024 -52.95 Mn
Jun 30, 2024 -23.33 Mn
Jun 30, 2024 -23.33 Mn
Mar 31, 2024 -58.04 Mn
Mar 31, 2024 -58.04 Mn
Dec 31, 2023 -67.35 Mn
Dec 31, 2023 -67.35 Mn