NetEase (NETTF) Free Cash Flow (2009 - 2026)

NetEase (NETTF) reported Free Cash Flow of $2.0 billion for Q1 2026, up 17.35% on a YoY basis from $1.7 billion in Q1 2025, and down 3.87% quarter-over-quarter from $2.1 billion in Q4 2025.

NetEase (NETTF) Free Cash Flow (2009 - 2026) Analysis & Trends

NetEase has reported Free Cash Flow for 18 years, with the latest figure at $2.0 billion in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow rose 17.35% year-over-year to $2.0 billion; the trailing twelve-month figure through Mar 2026 stood at $7.5 billion (up 24.46% YoY), and the FY2025 full-year result was $7.1 billion, up 35.02% from the prior year.
  • Free Cash Flow for Q1 2026 stood at $2.0 billion, down from $2.1 billion in the prior quarter.
  • The five-year high for Free Cash Flow was $2.1 billion in Q4 2025, with the low at $840.1 million in Q1 2022.
  • Historically, Free Cash Flow has averaged $1.5 billion across 5 years, with a median of $1.4 billion in 2023.
  • Annual changes were most pronounced in 2024 — Free Cash Flow decreased 20.93% — and 2025, when it soared 65.07%.
  • NetEase's Free Cash Flow stood at $1.3 billion in 2022, then climbed by 29.76% to $1.7 billion in 2023, then advanced by 8.64% to $1.9 billion in 2024, then climbed by 13.72% to $2.1 billion in 2025, then declined by 3.87% to $2.0 billion in 2026.
  • The last three Free Cash Flow figures came in at $2.0 billion (Q1 2026), $2.1 billion (Q4 2025), and $1.8 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Electronic Arts 50.63 Bn 47.77 Bn 1.76 Bn 519.00 Mn
2 Take Two Interactive Software 39.05 Bn 37.06 Bn 938.70 Mn 198.60 Mn
3 Roblox 30.61 Bn 27.39 Bn 1.15 Bn 596.00 Mn
4 Playtika Holding 1.16 Bn 382.18 Mn 384.10 Mn 13.90 Mn
5 Sohu.com 430.85 Mn -399.49 Mn 111.48 Mn -
6 Gdev 243.40 Mn 135.08 Mn 75.00 Mn 18.00 Mn
7 Meridian Holdings 161.93 Mn 147.40 Mn 28.14 Mn 5.19 Mn
8 Skillz 141.06 Mn -18.87 Mn 25.51 Mn -6.75 Mn
9 Brag House Holdings 90.80 Mn 90.66 Mn - -842,434.00
10 NetEase - - 3.06 Bn 2.03 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.03 Bn
Mar 31, 2026 2.03 Bn
Dec 31, 2025 2.11 Bn
Dec 31, 2025 2.11 Bn
Sep 30, 2025 1.85 Bn
Sep 30, 2025 1.85 Bn
Jun 30, 2025 1.53 Bn
Jun 30, 2025 1.53 Bn
Mar 31, 2025 1.73 Bn
Mar 31, 2025 1.73 Bn
Dec 31, 2024 1.85 Bn
Dec 31, 2024 1.85 Bn
Sep 30, 2024 1.53 Bn
Sep 30, 2024 1.53 Bn
Jun 30, 2024 925.61 Mn
Jun 30, 2024 925.61 Mn
Mar 31, 2024 1.39 Bn
Mar 31, 2024 1.39 Bn
Dec 31, 2023 1.71 Bn
Dec 31, 2023 1.71 Bn