NetEase NETTF
NASDAQ NETTF
$23.85 +0.77 (+3.34%)
At close: Sep 1, 2026 · 4:00 PM EDT

NetEase (NETTF) Research & Development (2009 - 2026)

NetEase's (NETTF) quarterly Research & Development came in at -$647.1 million in Q1 2026, down 7.24% YoY from -$697.6 million in Q1 2025, and down 3.5% on a QoQ basis from -$625.2 million in Q4 2025.

Analysis

NetEase (NETTF) Research & Development (2009 - 2026) Analysis & Trends

NetEase (NETTF) has 18 years of Research & Development data on file, last reported at -$647.1 million in Q1 2026.

  • Quarterly Research & Development fell 7.24% year-over-year to -$647.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$2.5 billion (down 2.06% YoY) and the FY2025 annual result came in at $2.5 billion, up 5.54% from the prior year.
  • Research & Development declined to -$647.1 million in Q1 2026, from -$625.2 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of -$535.4 million in Q1 2022 to a low of -$647.1 million in Q1 2026.
  • A 5-year average of -$595.0 million and a median of -$602.3 million in 2025 frame the typical range for Research & Development.
  • The widest YoY moves for Research & Development: up 4.44% in 2022, down 13.41% in 2022.
  • Tracing NETTF's Research & Development over 5 years: stood at -$575.1 million in 2022, then retreated by 8.18% to -$622.1 million in 2023, then slipped by 0.03% to -$622.3 million in 2024, then decreased by 0.47% to -$625.2 million in 2025, then slipped by 3.5% to -$647.1 million in 2026.
  • The last three Research & Development figures came in at -$647.1 million (Q1 2026), -$625.2 million (Q4 2025), and -$634.6 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Electronic Arts 52.84 Bn 50.56 Bn 1.71 Bn 743.00 Mn
2 Take Two Interactive Software 40.60 Bn 38.78 Bn 882.50 Mn 369.70 Mn
3 Roblox 30.12 Bn 27.11 Bn 1.18 Bn 420.00 Mn
4 NetEase 15.23 Bn 5.09 Bn 3.13 Bn -542.19 Mn
5 Playtika Holding 863.96 Mn 425.46 Mn 538.20 Mn 252.60 Mn
6 DoubleDown Interactive 650.14 Mn 96.38 Mn 71.22 Mn -13.86 Mn
7 Gravity 503.59 Mn 503.15 Mn 34,891.11 1,967.09
8 Sohu.com 389.63 Mn -443.35 Mn 106.58 Mn 68.89 Mn
9 Gdev 205.79 Mn 123.54 Mn - -32.68 Mn
10 Meridian Holdings 170.35 Mn 153.03 Mn 26.85 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -542.19 Mn
Mar 31, 2026 -496.85 Mn
Dec 31, 2025 -548.22 Mn
Sep 30, 2025 -622.82 Mn
Jun 30, 2025 -494.69 Mn
Mar 31, 2025 -370.82 Mn
Dec 31, 2024 -392.40 Mn
Sep 30, 2024 -530.92 Mn
Jun 30, 2024 -483.72 Mn
Mar 31, 2024 -562.49 Mn
Dec 31, 2023 -586.88 Mn
Sep 30, 2023 -493.15 Mn
Jun 30, 2023 -467.12 Mn
Mar 31, 2023 -424.64 Mn
Dec 31, 2022 -480.57 Mn
Sep 30, 2022 -550.98 Mn
Jun 30, 2022 -500.54 Mn
Mar 31, 2022 -459.37 Mn
Dec 31, 2021 -516.16 Mn
Sep 30, 2021 -484.46 Mn