NetEase (NETTF) EBT Margin (2009 - 2026)
NetEase (NETTF) reported EBT Margin of 43.7% for Q1 2026, up 51.0% on a YoY basis from 28.94% in Q1 2025, and up 57.98% quarter-over-quarter from 27.66% in Q4 2025.
NetEase (NETTF) EBT Margin (2009 - 2026) Analysis & Trends
NetEase has reported EBT Margin for 18 years, with the latest figure at 43.7% in Q1 2026.
- For the quarter ending Q1 2026, EBT Margin rose 51.0% year-over-year to 43.7%; the trailing twelve-month figure through Mar 2026 stood at 36.54% (up 31.0% YoY), and the FY2025 full-year result was 36.25%, up 233.0% from the prior year.
- EBT Margin for Q1 2026 stood at 43.7%, up from 27.66% in the prior quarter.
- The five-year high for EBT Margin was 43.7% in Q1 2026, with the low at 18.84% in Q4 2022.
- Historically, EBT Margin has averaged 32.75% across 5 years, with a median of 33.37% in 2023.
- Annual changes were most pronounced in 2022 — EBT Margin jumped 1498 bps — and 2025, when it tumbled 1086 bps.
- NetEase's EBT Margin stood at 18.84% in 2022, then soared by 51 bps to 28.54% in 2023, then soared by 35 bps to 38.52% in 2024, then dropped by 28 bps to 27.66% in 2025, then jumped by 58 bps to 43.7% in 2026.
- The last three EBT Margin figures came in at 43.7% (Q1 2026), 27.66% (Q4 2025), and 35.65% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Electronic Arts | 50.63 Bn | 47.77 Bn | 1.76 Bn | 27.31% |
| 2 | Take Two Interactive Software | 39.05 Bn | 37.06 Bn | 938.70 Mn | -0.76% |
| 3 | Roblox | 30.61 Bn | 27.39 Bn | 1.15 Bn | -17.13% |
| 4 | Playtika Holding | 1.16 Bn | 382.18 Mn | 384.10 Mn | -9.91% |
| 5 | Sohu.com | 430.85 Mn | -399.49 Mn | 111.48 Mn | 1.86% |
| 6 | Gdev | 243.40 Mn | 135.08 Mn | 75.00 Mn | 93.33% |
| 7 | Meridian Holdings | 161.93 Mn | 147.40 Mn | 28.14 Mn | 5.72% |
| 8 | Skillz | 141.06 Mn | -18.87 Mn | 25.51 Mn | -37.35% |
| 9 | Brag House Holdings | 90.80 Mn | 90.66 Mn | - | - |
| 10 | NetEase | - | - | 3.06 Bn | 43.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 43.70% |
| Dec 31, 2025 | 27.66% |
| Sep 30, 2025 | 35.65% |
| Jun 30, 2025 | 38.18% |
| Mar 31, 2025 | 43.19% |
| Dec 31, 2024 | 38.52% |
| Sep 30, 2024 | 30.51% |
| Jun 30, 2024 | 31.90% |
| Mar 31, 2024 | 34.59% |
| Dec 31, 2023 | 28.54% |
| Sep 30, 2023 | 33.37% |
| Jun 30, 2023 | 36.95% |
| Mar 31, 2023 | 33.29% |
| Dec 31, 2022 | 18.84% |
| Sep 30, 2022 | 33.60% |
| Jun 30, 2022 | 24.75% |
| Mar 31, 2022 | 23.50% |
| Dec 31, 2021 | 27.06% |
| Sep 30, 2021 | 18.62% |
| Jun 30, 2021 | 22.36% |