NetEase (NETTF) Operating Leases (2019 - 2025)

NetEase (NETTF) reported Operating Leases of $32.7 million for Q4 2025, down 43.03% on a YoY basis from $57.4 million in Q4 2024, and down 43.03% quarter-over-quarter from $57.4 million in Q4 2024.

NetEase (NETTF) Operating Leases (2019 - 2025) Analysis & Trends

NetEase has reported Operating Leases for 7 years, with the latest figure at $32.7 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Leases fell 43.03% year-over-year to $32.7 million; the trailing twelve-month figure through Dec 2025 stood at $32.7 million (down 43.03% YoY), and the FY2025 full-year result was $33.2 million, down 41.28% from the prior year.
  • Operating Leases for Q4 2025 stood at $32.7 million, down from $57.4 million in the prior quarter.
  • The five-year high for Operating Leases was $114.5 million in Q4 2021, with the low at $32.7 million in Q4 2025.
  • Historically, Operating Leases has averaged $75.3 million across 5 years, with a median of $77.2 million in 2023.
  • Annual changes were most pronounced in 2021 — Operating Leases jumped 59.81% — and 2025, when it plunged 43.03%.
  • NetEase's Operating Leases stood at $114.5 million in 2021, then retreated by 17.41% to $94.6 million in 2022, then decreased by 18.37% to $77.2 million in 2023, then declined by 25.59% to $57.4 million in 2024, then sank by 43.03% to $32.7 million in 2025.
  • The last three Operating Leases figures came in at $32.7 million (Q4 2025), $57.4 million (Q4 2024), and $77.2 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Electronic Arts 50.63 Bn 47.77 Bn 1.76 Bn
2 Take Two Interactive Software 39.05 Bn 37.06 Bn 938.70 Mn
3 Roblox 30.61 Bn 27.39 Bn 1.15 Bn
4 Playtika Holding 1.16 Bn 382.18 Mn 384.10 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
8 Skillz 141.06 Mn -18.87 Mn 25.51 Mn
9 Brag House Holdings 90.80 Mn 90.66 Mn -
10 NetEase - - 3.06 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 32.73 Mn
Dec 31, 2024 57.44 Mn
Dec 31, 2023 77.20 Mn
Dec 31, 2022 94.58 Mn
Dec 31, 2021 114.51 Mn
Dec 31, 2020 71.66 Mn
Mar 31, 2020 40.53 Mn
Dec 31, 2019 39.72 Mn