NetEase (NETTF) Net Margin (2009 - 2026)
NetEase (NETTF) reported Net Margin of 34.89% for Q1 2026, down 84.0% on a YoY basis from 218.08% in Q1 2025, and up 53.99% quarter-over-quarter from 22.66% in Q4 2025.
NetEase (NETTF) Net Margin (2009 - 2026) Analysis & Trends
NetEase has reported Net Margin for 18 years, with the latest figure at 34.89% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 84.0% year-over-year to 34.89%; the trailing twelve-month figure through Mar 2026 stood at 29.87% (down 29.0% YoY), and the FY2025 full-year result was 29.98%, up 177.0% from the prior year.
- Net Margin for Q1 2026 stood at 34.89%, up from 22.66% in the prior quarter.
- The five-year high for Net Margin was 35.73% in Q1 2025, with the low at 15.59% in Q4 2022.
- Historically, Net Margin has averaged 27.25% across 5 years, with a median of 27.43% in 2022.
- Annual changes were most pronounced in 2023 — Net Margin jumped 1418 bps — and 2025, when it tumbled 1012 bps.
- NetEase's Net Margin stood at 15.59% in 2022, then surged by 56 bps to 24.25% in 2023, then jumped by 35 bps to 32.77% in 2024, then tumbled by 31 bps to 22.66% in 2025, then jumped by 54 bps to 34.89% in 2026.
- The last three Net Margin figures came in at 34.89% (Q1 2026), 22.66% (Q4 2025), and 30.38% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Electronic Arts | 50.63 Bn | 47.77 Bn | 1.76 Bn | 21.75% |
| 2 | Take Two Interactive Software | 39.05 Bn | 37.06 Bn | 938.70 Mn | -3.54% |
| 3 | Roblox | 30.61 Bn | 27.39 Bn | 1.15 Bn | -17.20% |
| 4 | Playtika Holding | 1.16 Bn | 382.18 Mn | 384.10 Mn | -7.72% |
| 5 | Sohu.com | 430.85 Mn | -399.49 Mn | 111.48 Mn | -3.05% |
| 6 | Gdev | 243.40 Mn | 135.08 Mn | 75.00 Mn | 92.33% |
| 7 | Meridian Holdings | 161.93 Mn | 147.40 Mn | 28.14 Mn | 4.51% |
| 8 | Skillz | 141.06 Mn | -18.87 Mn | 25.51 Mn | -37.61% |
| 9 | Brag House Holdings | 90.80 Mn | 90.66 Mn | - | - |
| 10 | NetEase | - | - | 3.06 Bn | 34.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.89% |
| Dec 31, 2025 | 22.66% |
| Sep 30, 2025 | 30.38% |
| Jun 30, 2025 | 30.84% |
| Mar 31, 2025 | 35.73% |
| Dec 31, 2024 | 32.77% |
| Sep 30, 2024 | 24.95% |
| Jun 30, 2024 | 26.52% |
| Mar 31, 2024 | 28.43% |
| Dec 31, 2023 | 24.25% |
| Sep 30, 2023 | 28.74% |
| Jun 30, 2023 | 34.33% |
| Mar 31, 2023 | 26.97% |
| Dec 31, 2022 | 15.59% |
| Sep 30, 2022 | 27.43% |
| Jun 30, 2022 | 20.15% |
| Mar 31, 2022 | 18.65% |
| Dec 31, 2021 | 23.36% |
| Sep 30, 2021 | 14.34% |
| Jun 30, 2021 | 17.26% |