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| Date | Value |
|---|---|
| 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 |